People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks.
Wrong timing that leads to failure can be attributed to both bull market and bear market at the same time, but the most important thing is to study the market and build up resistance skills. Well if the trader failed to cash in at the pick of the bull market but didn't sell during the bear market and the asset is in Bitcoin there will be some hope.
I know that timing in cryptocurrency is the best thing to do if you want to make a profit in cryptocurrency Trading so also the market and know when the market is going up and when the market is going down so with all this observation I think that any person that enter into the market will definitely makewell so cryptocurrency trading is something that requires patience and also required time Factor to observe what is going on between the bullish market and a bearish market