Newbies think every day is a bull market, while veterans are already preparing to exit.
The bull market has arrived, and newbies are as excited as if they've taken performance-enhancing drugs: even Dogecoin can double, even altcoins can skyrocket. So they rush in, making impulsive purchases, FOMOing at every rise, only to see the bull market turn to bear, with their investments halving, then halving again, and finally going to zero.
Veterans, however, are different. They know that a bull market is just part of a cycle and won't last forever. They position themselves at low prices when the bull market starts, gradually cashing out at the peak, and even transferring to wallets to exit early.
They don’t flaunt their profits; they quietly unload their assets; while newbies boast about their holdings at highs and cry out about being cut at lows. The bull market is a harvesting ground, not a wishing well. The sooner you understand this truth, the more you can control your own destiny.
