In most people's minds, it seems that as long as you are tenacious, you can survive a bear market, and the dawn of a bull market will surely come, when all losses will be covered by huge profits. However, the reality is often not so ideal. While it's generally clear that staying the course means big rewards, very few can actually do it. Everyone understands this truth, the stock market trading time is only four hours a day, but only those who have experienced it can deeply understand how many ups and downs and torment are contained in these four hours. Not to mention those in a bear market, where every day of trading can feel like a long test. I have been in this unpredictable stock market for more than ten years, experienced many bull and bear reincarnations, and witnessed the rise and fall of countless people. Today, I'd like to briefly share my insights on bear markets and discuss with you why so many people struggle to stay the course.

First of all, not believing in the future of the industry and only focusing on short-term profits is an important reason why many people cannot endure the Bear Market. Many people enter the market just to chase money, but lack confidence in the long-term prospects of the industry. If you are skeptical about whether this industry can improve, how can you reap wealth here? Especially in a Bear Market, after a few days of rising, it may quickly fall back to its original state within half a day, and the short-term risks and rewards are extremely mismatched. For those who have no interest in the essence of Bitcoin and the potential of blockchain, my advice is: exit the market in a timely manner at the peak. Because it is hard to compare with those who have firm beliefs. Once it gets out of control, you may also face the awkward situation of having to cut losses. It is not too late to consider returning when the market becomes active again and various communities start to discuss enthusiastically.
Secondly, not being able to truly invest spare money is another key factor that makes it difficult for people to persist. Spare money investment refers to funds put into the market that, even if lost entirely, will not affect one's life. The reasoning is simple, but it is quite difficult to practice. Many people, when they see profit opportunities, often cannot resist the temptation to invest more money, fearing they might miss out on a good opportunity; this is human nature. However, there are always various temptations in life: wanting to buy a new phone, renovate a house, buy a new car... If there isn't much spare cash, one naturally thinks of the investments in hand. This is similar to what is mentioned in "The Self-Cultivation of Leeks" regarding insufficient strength. With the same amount of ten thousand yuan, for the wealthy, a loss is just a loss; but for ordinary people, it may be urgently needed funds, making it naturally difficult to bear the loss, and even a slight fluctuation makes them want to withdraw.
Moreover, loss aversion and fear psychology are significant psychological barriers that make it difficult for people to endure a Bear Market. In the face of the unknown, fear is a natural human emotion. When prices rise slightly, there's a fear that they will immediately fall back, leading to hasty selling; when seeing a fall, there's concern that it will drop even deeper, resulting in panic selling. I was the same in the early days, often swayed by emotions. Newcomers now find it even harder, as the media is filled with a jumble of information that can easily trigger panic. Indeed, fear and greed are the two most common emotions in investing. Many people cannot withstand a Bear Market because they are dominated by these two emotions, ultimately selling at a low point and missing out on subsequent rebound opportunities.
Finally, the lack of patience and long-term planning is also a reason why many people cannot persist during a Bear Market. The Bear Market tests people's patience the most; many enter the market with the illusion of quick wealth, and once they encounter fluctuations, they panic. In fact, investing is a long-term process, especially in a Bear Market, where clear planning and specific goals are even more necessary. If you simply follow the crowd without your own strategy, you can easily be eliminated by the market. Investing is like a practice; do not be deceived by short-term fluctuations, maintain calm and rationality, and you can stand undefeated in the ever-changing market. #荣誉积分抽奖，赢MacBook Air和精美周边# #AI Agents技术浪潮# #稳定币发行热#