Once bitten, twice shy. Some early crypto traders who weathered the brutal crashes are now paralyzed by past losses, watching from the sidelines as a fresh bull run kicks off. The psychological scars run deep—refusing to re-enter the market even when conditions look promising. FOMO gives way to PTSD, and the fear of repeating history locks them out of new opportunities. It's the cruel irony of the crypto cycle: the veterans who learned the hardest lessons are sometimes the ones most afraid to play.