Why is it harder to make money in this bull market than in previous bull markets?
1. The rules have changed
In fact, most people have known about the cryptocurrency market since 2015, so most people did not participate in the bull market before the 2017 bull market. Most people participated in the bull market starting from 2017. Then in 2021, everyone found the rules through the first two bull markets and made money through the rules. Once the rules are broken, basically many people will not think about it, breaking the comfort zone of thinking. Once it is different from their previous operations, there are only two results to face, one is to lose money, and the other is to miss the opportunity.
2. The dealer has changed
Why did the rules change? The main reason is that the dealer has changed. A lot of formal funds have entered this bull market. Before the bull market came, the big funds have already entered the market, and retail investors began to be confused. Is the bull market coming with so many funds entering the market? But it just so happens that only the mainstream and Meme are bullish, and other value coins are standing in line, such as Dash and Qtum. There is no action. The dealers are good at playing, and the retail investors are disgusted.
3. Retail investors have not changed
In fact, the psychology of leeks has not changed, and they are prone to fixed thinking. Many of them are following the previous rhythm, but the rhythm has changed and retail investors can no longer play. In the past, they studied value coins, but in this round of bull market, they directly give you Meme, a bunch of air coins, which confuses you. Air coins fall and have no bottom, and the ones who lose money are naturally retail investors who chase the rise.
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