Bull markets make you money, bear markets determine whether you deserve to have this money
Many people suddenly become wealthy during a bull market, thinking they have found a shortcut in life. But what truly determines a person's wealth level is actually their performance in a bear market. Making money in a bull market is more about riding the wave; everyone can profit. However, the bear market serves as a screening mechanism; it tests whether your cognitive framework is solid, whether your emotional management is stable, and whether you have enough patience and judgment to not abandon the logic you once believed in during the cold winter. The bear market is also a period of accumulation; when others withdraw, you continue to research and lay the groundwork, which is the foundation for the next wave of wealth. Bull markets test luck, while bear markets test cognition. Only by enduring the bear market do you deserve to achieve wealth freedom in the next round.
