Bull markets make everyone feel like a genius until they turn..
In this solo commentary, the speaker warns that bull markets—especially in crypto—create a false sense of genius and euphoria, leading investors to cling to altcoins without a clear exit plan. He highlights how macro‑environment shifts can abruptly reverse market sentiment, and stresses that the key to profiting is knowing when to exit. He cites his own experience last year when Bitcoin broke below its 50‑week moving average, a critical support level that had underpinned the bull market. Recognizing this break, he rotated his holdings into defensive assets, preserving gains and protecting the portfolio from a potential 20‑40% loss. The speaker urges listeners to avoid hope‑driven holding, to continuously update their portfolios based on market conditions, and to prioritize downside protection over chasing further upside.
