There's a phenomenon that hits quite hard: many early entrants indeed caught the wave of the times, and their on-paper wealth was once quite substantial. But the problem is that their market understanding often remains stuck in that era, unable to keep up with the industry's evolution. So what happened? The money made during the bull market was all lost in the bear market if one wasn't careful. More importantly, even if the coin prices rise again, they still can't pass this hurdle because their mindset and strategies haven't kept pace. This actually illustrates a truth: in this market, timing the entry is just the appetizer; those who truly get to enjoy the main course are those who keep learning and continuously adjust their understanding.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
8
Repost
Share
Comment
0/400
Deconstructionist
· 2025-12-18 13:44
That's really hitting home, isn't it? It's that saying—making money depends on luck, losing money depends on skill, haha.
Friends who got in early have all become fossils of their own thoughts...
The most heartbreaking thing in the crypto world isn't losing money, but having opportunities and missing them.
Learning is truly much more important than timing.
Still using old tricks to switch between bull and bear markets—only a fool wouldn't lose money.
View OriginalReply0
GasGuzzler
· 2025-12-16 22:25
How are the early investors doing now? Many of them have really just given up. The mindset can't keep up, brother.
View OriginalReply0
RektRecorder
· 2025-12-16 04:48
Really, the worst part for old investors is that their thinking is still stuck in 2017.
The money made was just luck; preserving it is true skill.
People who have experienced both bull and bear markets end up losing to newcomers, which is ironic.
Whether you learn or not really makes a huge difference; the crypto world shows this best.
Some people just rely on old gains and are then ruthlessly taught by the market.
They don't even want to spend money on paid knowledge, so it's no wonder they suffer losses.
This industry is changing too fast; falling behind the rhythm means death.
Upgrading your understanding is much more important than betting on any coin.
Always talking about stories from the past, but your account balance is crying.
View OriginalReply0
DecentralizeMe
· 2025-12-16 04:45
Honestly, that's why those old-timers still end up losing; their thinking has died.
View OriginalReply0
rekt_but_not_broke
· 2025-12-16 04:35
To be honest, this is a vivid example, I've seen too many.
Cognitive bottlenecks are real; without updated ideas, you're just giving away money in a bear market.
Buying early doesn't mean you'll win forever; it can lead to complacency, and that's the biggest pitfall.
People who can't keep learning, no matter how much the coin rises, it's pointless; once the mindset collapses, nothing matters.
Continuous evolution vs. sticking to old experiences, two completely different paths.
The ability to cut losses is much more valuable than the timing of entry, really.
View OriginalReply0
MagicBean
· 2025-12-16 04:27
It's really heartbreaking. How are the early investors doing now? Are they still clinging to the trading theories from 2008? Haha
Honestly, I've seen too many people get rich overnight only to fall back to square one the next day. The problem isn't the timing at all.
When the bear market hits, everyone panics, their mindset collapses, and their strategies follow suit. That's the most heartbreaking part.
Not learning will really lead to big losses. The crypto world changes so fast, sticking to old routines will only get you repeatedly cut.
View OriginalReply0
0xSleepDeprived
· 2025-12-16 04:27
To be honest, veteran traders are most likely to get wrecked because of this
View OriginalReply0
OnchainDetectiveBing
· 2025-12-16 04:25
In plain terms, resting on past achievements and living off the glory is just waiting to die.
There's a phenomenon that hits quite hard: many early entrants indeed caught the wave of the times, and their on-paper wealth was once quite substantial. But the problem is that their market understanding often remains stuck in that era, unable to keep up with the industry's evolution. So what happened? The money made during the bull market was all lost in the bear market if one wasn't careful. More importantly, even if the coin prices rise again, they still can't pass this hurdle because their mindset and strategies haven't kept pace. This actually illustrates a truth: in this market, timing the entry is just the appetizer; those who truly get to enjoy the main course are those who keep learning and continuously adjust their understanding.