When the bull market begins to rise, countless people rush into this market with dreams of getting rich, eager to take a share in this feast of wealth. However, when the bull market ends, only a few truly make a lot of money. What secrets are hidden behind this?

Chasing highs and selling lows plus frequent trading =The 'black hole' of wealth

In the market, chasing highs and selling lows and frequent trading seem to have become the 'standard configuration' for many investors. They flail around in the market's fluctuations like headless flies. Seeing a certain cryptocurrency's price rise, they rush in, afraid of missing the opportunity to make money; yet, when the price slightly drops, they panic and sell, fearing further losses. This shortsighted behavior keeps them exhausted in the market's ups and downs, yet they can never seize the real wealth opportunities.

Frequent trading is a major taboo for investors. Each trade means paying transaction fees, and these seemingly insignificant costs accumulate over time into a considerable expense. More importantly, frequent trading can greatly affect an investor's mindset. Each new decision carries risks, and when a decision goes wrong, the collapse of their mindset often leads to poor judgments at critical moments, causing them to miss out on greater opportunities.

The true winner: calm and patient, waiting for the flowers to bloom.

Unlike those who chase highs and sell lows and frequently trade, those who make significant money in a bull market often possess a calm mindset. They do not blindly follow trends and are not easily swayed by short-term market fluctuations; they patiently hold onto their coins, waiting for the flowers to bloom. They know well that the cryptocurrency market is full of uncertainties, and short-term rises and falls do not represent much; only by holding long-term can one traverse the bullish and bearish cycles of the market and achieve true wealth growth.

Taking the 2021 bull market as an example, those who held onto HOT at the bottom led by institutions and gained a hundredfold return were the ones who held on from start to finish. They were not swayed by short-term market fluctuations, nor did they frequently trade due to the popularity of other cryptocurrencies; they simply adhered to their investment strategy and ultimately reaped returns of 50 to 100 times. In contrast, those who stared at the candlestick charts every day, trying to profit through short-term trading, often lost their way amid market fluctuations and ultimately missed this rare opportunity for wealth.

"Playing dead" is a wise choice.

Being an investor who 'plays dead' in the cryptocurrency circle may not be easy. After all, holding onto coins is harder than being celibate; faced with market temptations and fluctuations, few can truly maintain a calm mind. But it is this unperturbed practice that allows you to sit steadily in the fishing platform amid the waves of the cryptocurrency circle.

"Playing dead" is not giving up on investing, nor is it being indifferent to the market; it is a wise choice. It means you must abandon short-term greed and fear and view investments from a longer-term perspective. It requires you to have enough patience and composure, not to be disturbed by short-term market fluctuations, and to adhere to your original investment intent.

In the cryptocurrency circle, the true secret to making money is not frequent trading or chasing highs and selling lows, but maintaining calmness, sticking to your original intent, and being an investor who 'plays dead.' Only in this way can you keep a clear mind amid the market's fluctuations, seize real wealth opportunities, and ultimately earn your share of wealth.

If you have any questions in the cryptocurrency circle, feel free to contact me through my main job. I hope my article can help you, and let’s grow and progress together in this challenging and opportunity-filled world of cryptocurrencies, achieving the results we desire together.