➡️ My Opinion
Why do most people lose money in a bull market? This is obviously illogical, but the reality is so cruel. The reason is still human greed.
I summarized the reasons, which are nothing more than two:
1. They think that they make money too slowly. Yes, 90% of people believe that the bull market is coming, and they want to seize the opportunity to make a big bet to turn things around. So they add leverage to amplify their funds, and the result is predictable, that is, the end of the liquidation.
2. They think they can make more. This kind of people have mysterious self-confidence. They don't touch contracts but are keen on frequent trading in various bands. They look at various news and combine their so-called chart-reading techniques to sell high and buy low to increase their income. The result is that they chase ups and downs and lose more money the more they trade.
Just like the collapse of the cottage during this period, the contracts were almost cleaned up and many people's funds returned to zero. There are also many band players who have successfully turned the original 50% decline into a 60% or 70% decline.
Then what kind of people can make money in a bull market? ? ?
There is only one way, that is, buy at the bottom and sell in batches after making a profit!
It is difficult to do this in the current secondary market. Just look at the market in recent days. So if you want to make money, you still have to go to the primary market. You can make more money by buying on the chain!
