The bull market is dangerous because it makes us all think we are geniuses
I remember falling into this trap last year. It's easy to make money in a bull market - as I did with this tiny hedge on $RUNE perps to hedge my ridiculously long RUNE spot bag + an arb opportunity
The key is to be humble and remember that it's an era of great volatility. Everyone is a genius when things are going well. It's how we handle the bear markets that defines us
https://inleo.io/threads/view/khaleelkazi/re-leothreads-cjyvwlj5
indeed, "wen people think we are genius but fact is market is just going up".
when the music stops.. it takes a minute to be underwater.
Learnt the hard way in 2021 bull and than bear market..
Everyone is a genius in a bull market.
Just ask all those people who bought NFTs during that run.
When the bull ended, so did their insight.