In the coming months, a group of people will make millions of dollars in gains as if they created magic. However, most people will end up with zero gains in this wealth drama.
Don't let your gains be just a string of green numbers on the computer screen; always cash out some profits in time and save them for future needs.
I learned an important truth from the last bull market: the real bull market winners are not those who have the highest return multiples at the peak of the market, but those who successfully realize the maximum profit.
However, many people are immersed in the joyful atmosphere of the bull market and forget that there will always be cyclical changes in the market, and the bear market will eventually come.
No matter how high the asset price is, it will fall from the historical peak like Icarus, and the decline may exceed 90%. By then, there will be no initial offerings, no funny tokens, only a burning mess.
People who have experienced the bear market have a deep understanding.
I am not warning that the bear market is coming. On the contrary, I think we still have at least half a year to a year of bull market, and this peak is far from coming. However, if you have made or are about to make a lot of money, remember that there will always be a day when the market will reverse sharply and everyone will be affected. You must be fully prepared.
Therefore, do not treat your profits as gambling gains; be grateful for your efforts and keep in mind how much income you can earn in the ordinary world.
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