In the crypto world, the most commonly heard sophisticated term is "delayed gratification." To accumulate more coins, you scrimp and save in this real-world where your monthly salary is only a few thousand dollars. You can't bring yourself to splurge on a good meal or go on a trip, and you convert all your savings into coins, telling yourself that when the next bull market arrives and you're free, you'll enjoy life to the fullest. But what happened? When the bull market comes, you didn't sell; when the bear market hits, you're deeply trapped.
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In the crypto world, the most commonly heard sophisticated term is "delayed gratification." To accumulate more coins, you scrimp and save in this real-world where your monthly salary is only a few thousand dollars. You can't bring yourself to splurge on a good meal or go on a trip, and you convert all your savings into coins, telling yourself that when the next bull market arrives and you're free, you'll enjoy life to the fullest. But what happened? When the bull market comes, you didn't sell; when the bear market hits, you're deeply trapped.