How do retail investors lose money in a bull market?
In the early stages of the bull market, Bitcoin rises alone while altcoins do not follow suit.
When Bitcoin pulls back, altcoins plummet like an avalanche, which is another day of losses for most retail investors.
Retail investors often hold a full position in altcoins, but the result is that altcoins decline instead of rising.
The phase when Bitcoin rises the most smoothly lasts only about a week, during which it surged from $67,000 to $90,000.
Even if Bitcoin rises to $120,000 before ending, that's just a further 40% increase; you can imagine what the situation is like for Bitcoin most of the time.
Once it exceeds $120,000, the upward space becomes extremely limited, and the difficulty of operation is also imaginable. Many people haven’t even had a chance to be excited yet, and new retail investors who just heard the news rush in, only to face the risk of being trapped.
So in a bull market, the difficulty of operation remains as high as 9 stars, and most people will ultimately lose money and leave this market.