After reading too many square articles, I always feel that no one understands everything that is happening in this market. If someone claims to know something, he or she is lying. As the price of tokens rises, people will pay more and more attention, and this attention will subsequently be converted into purchasing power. Therefore, the more the price rises, the more people's attention will be focused on the potential for subsequent returns, but generally speaking, the later we enter the "attention cycle", the worse the position we are in. Selling in a bear market is caused by panic and fear of selling, but it becomes relatively difficult to leave the market in a bull market. Sometimes they will hate you if they think they sold too early, but they will still thank you later.

They also need to be careful, if they choose to take profits and then be tempted to enter the market again and reinvest these profits, if the market continues to rise, it will become FOMO - usually this idea will lead to adverse consequences.

Because if the market suddenly crashes, they may end up finding that they have to pay more taxes on their realized gains than they end up with in the assets they have as assets plummet (which happens often).