Sharing 8 hard truths about bull markets:
1. A few people make huge profits: In a bull market, those who can truly achieve significant gains are often a lucky minority.
2. Most people incur losses: Many people get trapped while chasing prices, ultimately ending in losses.
3. Initially, no one pays attention: Before a major bull market erupts, very few people are paying attention, and the market appears very quiet.
4. Attracts attention only after significant price increases: When people start to discuss enthusiastically, the best investment opportunities have often already passed.
5. Concentration of chips phenomenon: In the early stages of a price increase, at least 90% of the chips are controlled by a few individuals, leading to a concentration of chips phenomenon.
6. Popular coins may not necessarily surge: Even though certain coins are generally favored, they may not necessarily become the true stars of a bull market.
7. Niche coins may have more potential: Those niche coins that are seldom mentioned are more likely to become the next bull market coins.
8. Manipulation: Behind the rise of bull market coins, there is usually the push from early large investors, who cash out when prices are high.