Which is more terrifying in the crypto world: the “bull market” or the “bear market”?

The bear market grinds down principal, and the bull market causes cognitive losses, but most people see the bull market as more frightening — bear markets have explicit, slow declines in losses, while bull market risks are hidden, sudden crashes. Moreover, greed in a bull market amplifies human weaknesses, often leading to more deadly losses.

The fear of a bear market: continuous downward drift erodes confidence, principal shrinks, liquidity dries up, and those who can’t hold on sell at a loss — this is a financial loss;
The fear of a bull market: full leverage, chasing after trash coins, ignoring risks, and a single correction or black swan event leads to liquidation and zeroing out — this is a dual loss of cognition and money. Plus, profits in a bull market can create blind confidence, making subsequent drops even harder to accept.

Simply put: in a bear market, you might still have some left if you lie low; in a bull market, greed likely means losing everything.

But life still needs goals and pursuits. After all, only by daring to venture and strive can there be opportunities. Set a small goal for yourself, like earning that 1 billion!#加密市场观察