Last October, I mentioned in a pinned tweet:
This bull market is actually almost over.
Many people didn't believe it at the time because the scariest thing in a bull market isn't the decline,
but the illusions—
the illusions of the next hundredfold coin,
the illusions of achieving financial freedom again,
the illusions that the market will never end.
But what I want to say is:
The cruelest moments in the market are often not the crashes,
but the times when hope is given to you again and again,
only to be snuffed out repeatedly.