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A bull run will not be smooth sailing; only a few people will truly reap the rewards.
A downturn is not the end, it's a filter.
It washes away:
The Fearful Human Nature
short-sighted speculation
The fantasy of wanting to hit it big with a all-in gamble.
Every pullback creates anxiety for those who missed out and leaves regret for speculators.
And we only need to do one thing:
Do not be greedy or panic, calmly wait for direction, and slowly wait for chips.
This is a zero-sum game. Those who can win are not the ones who run fast, but those who can endure the slow.
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