Many people envy those who
"buy low, ride through bull and bear markets, and ultimately gain cognitive dividends."
But very few have seriously considered one question:
What kind of moment did they make their decisions back then?
CZ said it very clearly —
if you have ever envied these people,
then think about what they did at "moments like this."
It’s not about chasing after prices during peak times,
but rather choosing to hold on, even increase their positions,
during times of panic, hesitation, and uncertainty.
The cruelest part of the market is that:
opportunities never appear when emotions are most comfortable,
but rather when you most want to give up.
In a bull market, you earn through judgment,
in a bear market, you earn through composure.
The true cyclical dividends
always belong to those who can maintain their mindset at crucial moments.
