“Bull Market: More Than Just Making Money, It’s About Having the Right Mindset! Researcher Aylo Warns: Many People End up Losing What They Gained Due to Greed”

"Bull Market: More Than Just Making Money, It's About Having the Right Mindset! Researcher Aylo Warns: Many People End up Losing What They Gained Due to Greed"

"Bull Market: More Than Just Making Money, It's About Having the Right Mindset! Researcher Aylo Warns: Many People End up Losing What They Gained Due to Greed"

Cryptocurrency researcher Aylo shared some insights he gained from discussing cryptocurrency investment with friends on X today.

Aylo stated that one of his friends had previously amassed a huge fortune in cryptocurrency but lost it all in the bear market of the last cycle. Now, this friend has once again regained enough funds to potentially change his life thanks to the current bull market. However, he must learn from his past mistakes and make different choices. Below are some insights Aylo gained during these discussions:

I don’t know how long this bull market will last. I estimate that we are currently at around 60-70% of the bull market phase.

However, it is an undeniable fact that no one can predict the future. We should humbly acknowledge that there are too many variables and unknowns in the future. But if you are someone who currently holds a significant amount of cryptocurrency and can completely change your life by cashing out or rebalancing your assets into low-risk investments, you may now be in a position where you will only incur net losses.

Let me explain.

Once you have enough money to eliminate all or most of your worries, more money usually has almost no impact on your sense of happiness.

If you are very materialistic, you may have a different experience, but for most people, more wealth is just more wealth and does not have a multiplier effect on their goals, well-being, or sense of happiness.

So, if you find yourself having enough money to change your life, I would argue that holding a significant amount of cryptocurrency will only cause losses for you. Additional profits will have little impact on your overall well-being or sense of happiness.

Once you have achieved financial freedom, you can always come back to enjoy speculation. Ensuring some form of financial freedom is the greatest upgrade you can make in your life, as it prepares you for exploring infinite possibilities in the future.

Greed and arrogance are the only factors that prevent people from taking their winnings and walking away from the market.

Another recurring statement is “this is the last chance, there will never be another opportunity to earn excess returns in the future.” This irrational fear and logic also drive people to continue holding when they already have “unrealized gains” that can change their lives. Most people cannot overcome the imagination of missing out on future gains, which is why we see most cryptocurrency participants consistently losing the funds that could change their lives.

In the cryptocurrency community, telling people to “sell early” is an acceptable and correct decision, even if it is an unpopular topic. I have great respect for anyone who can stick to their plan, not be influenced by external factors, and let go of what most people believe will definitely bring returns in the near future.

Just a chat, perhaps these insights can be helpful to you now or in the future.