I dont think its 'just' a wealth size thing. But moreso a 'time in the market' thing. The two are connected in a way, sure. But the first 'cycle' is rough, but if you have had a couple, your perspective and emotions/anxiety is different.

For example, people suggest new people to just DCA & chill, because that is what they have been doing for a couple of years now.o

A new person can surely DCA, but no way in hell could they ever chill while doing so.

Eitherway, i think its an anxiety thing, and either being rich AF, or seasoned, will fix that for you