Knowing how to buy makes you a student, but knowing how to sell makes you a master. The bottom isn’t actually hard to spot—judgment is enough, especially when you understand the essence of cycles: the extreme of fear always breeds hope. But the top doesn’t just test intelligence and judgment; it also challenges courage, insensitivity, and self-control over desire. ‘Escaping the top’ is the most critical step in investing. In the peak zone of any bull market, almost 100% of investors are in profit. However, in the very short time when the ‘crazy bull’ turns into a ‘crazy bear,’ only 10% of people manage to cash out, secure their profits, and become winners. The market is brutal—only those who dare to realize their gains will live to tell the tale.