Bull Market Its Not Just About Making Money Its About Maintaining the Right Mindset Researcher Aylo Many People End Up Losing Instead of Gaining Due to Greed

Cryptocurrency researcher Aylo shared some thoughts he recently had when discussing cryptocurrency investments with friends on X today.
Aylo mentioned that one of his friends had amassed a huge fortune in cryptocurrencies in the past, only to lose it all during the bear market of the previous cycle. Now, this friend has once again regained enough funds to change his life through this bull market, but this time he must learn from his mistakes and make different choices. Here are some of the thoughts Aylo had during the conversation:
I don’t know how long this bull market will last. I estimate that we are currently around 60-70% through the bull market.
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 large amount of cryptocurrency and can completely change your life by withdrawing or rebalancing your assets into low-risk assets, then you may now be in a position where you can only incur net losses.
Let me explain.
Once you have enough money to eliminate all or most of your worries, typically, more money has almost no impact on your sense of happiness.
If you are very materialistic, you may have a different feeling, but for most people, more wealth is just more wealth, and it does not have a multiplier effect on their goals, well-being, and sense of happiness.
So, if you find yourself with enough money to change your life, then I would think that holding a large amount of cryptocurrency will only cause you losses. More gains have almost no impact on your overall well-being or sense of happiness.
Once you are financially free, you can always come back to enjoy speculation to the fullest, and ensuring some form of financial freedom is the biggest upgrade you can make in your life, preparing you for exploring infinite possibilities in the future.
Greed and arrogance are the only factors that prevent people from taking away the chips after already winning in the market.
There is also a recurring saying that “this is the last chance, there will be no more opportunities to earn excess returns in the future.” This irrational fear and logic also drive people to continue holding on when they already have “unrealized gains” enough to change their lives. Most people cannot overcome this imagination of missing out on future profits, which is why we see most cryptocurrency participants continue to lose 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, remain unaffected by external influences, and let go of what most people believe is a guaranteed profit in the near future.
By the way, perhaps these thoughts can be helpful to you now or at some point in the future.