Many people think that as long as the "bull season" comes, anyone can reap money — but in reality, 99% of people will still be taught a valuable lesson by the market.
Some people have said: "An average investor needs at least three cycles to truly make money."
And just like that, if you observe closely, those who have survived through several cycles all share a common journey as follows:
🥀 Cycle one: Illusion and failure
You hear life-changing stories after just one season, seeing others go from $1000 to $100,000, and think that you can too.
You go all-in, even borrow money to buy coins, but in the end, you are crushed by the market.
At this point, you realize that 'making money in this market' is not easy, and 'FOMO' is the sharpest knife.
🌱 Cycle two: Understanding but not enough
You begin to learn technical analysis, read charts, understand supply and demand, and grasp the basics of cycles.
When the bull run comes, you make money, your account doubles, triples. You are excited, thinking that this time you are different.
But then the bear market comes unexpectedly, prices drop sharply, and you still don't know when to sell.
Once again, you and the market crash.
This time, you don't lose everything, but enough to understand that: Knowledge cannot save you from greed.
🌳 Cycle three: Awakening and survival
You are no longer excited when prices rise, nor afraid when prices fall.
You learn to control your emotions, knowing when to buy and when to rest.
Most importantly, you know that 'keeping money' is harder than 'making money'. From here, you truly begin your investment journey.
In fact, with the current market pace, just one major cycle with three strong waves is enough to help you mature:
End of 2023 – beginning of 2024: learn to recognize the bull run.
Mid 2024: learn to face corrections.
End of 2024 – now: learn to survive and filter opportunities.
If you are willing to learn and reflect, these three waves are enough to turn you from a ‘newbie’ into someone who understands the game.
Many newcomers message me, the first question is always:
‘Hey, can I multiply my money several times following you?’
Honestly, that question makes me a bit sad. Because in crypto, there are indeed people who make money, even change their lives — but are you sure that person will be you?
If you are new to this market, the first thing you should think about is not ‘how much profit’, but:
‘If I lose all this money, what will happen? Will it affect my life?’
That is the right mindset to survive in the market.
💡 Conclusion
The crypto market is not short of opportunities, but it is also not short of traps. If you are new, pace yourself, learn to manage risks before thinking about profits.
And if you have gone through several seasons of blood and tears, congratulations — you are gradually understanding the most important thing:
👉 Not everyone who enters the bull season can ride it, only those who understand the market can maintain their position. 🐂💎