Looking back at every bull market in history, we can see that the process of driving prices up and the crashing of bear markets, as well as the washing out of positions, often involves constantly breaking through conventional understandings and limits. During a bull market, many people say 'there won't be a bull market', 'the altcoin season won't come', 'Bitcoin won't break $100,000', 'Ethereum can't possibly break $10,000', but these are merely self-imposed limitations and distractions.
Buffett once mentioned: 'I am fearful when others are greedy, and greedy when others are fearful.'
However, most people's understanding of this statement only stays on the surface and fails to think deeply.
The so-called fear is not about blindly being afraid but realizing that the market has no bottom line, and there are even deeper traps beneath that bottom line.
And the so-called greed is not about blindly chasing prices but daring to break through self-imposed limits, understanding the existence of bubbles, and bravely accepting them.
