If properly planned, one bull market can make you wealthy or at least put you on another level in your financial journey. However, people are greedy and we like to spread our wings and fly as high as we can on bull markets, this inevitably leads to the crash and we find ourselves at the bottom. But the bottom is not that bad, it's were you plan the seeds for true wealth.
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I think the first bear and bull market of a newbie is never enough because it's just a phase of experience, I think one might need close to 3 or 4 bull market.
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Experience wise, I totally agree. You first need to develop a thick skin.
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Exactly, although everyone eventually discovers themselves first.
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