In a bull market, what truly hurts people is not the crash, but the grinding sideways movement.
Have you noticed?
When a cryptocurrency stays sideways for just three days, most people's expectations slide down like a slide, from ten to two.
In fact, the logic of the cryptocurrency itself has not changed; it's just that people's patience is gradually worn away in the sideways movement.
Many people think retail investors are afraid of losing money, but that's not true. What retail investors are really afraid of is holding onto profitable positions.
When the price has just tripled, they panic and want to run, and after making money, they feel uneasy. "Can't hold on," has become the most fatal weakness of retail investors.
The market is like a cruel sculptor, taking four years to carve retail investors' expectations from a mountain of gold into a piece of candy.
When you only focus on that little bit of sweetness in front of you, the real trend may just be beginning to unfold.
So, don't always ask which cryptocurrency will rise; first ask yourself: when it rises, how long can you hold on?