Why does everyone make money in a bull market? That's because in a bull market, it's an illusion that everyone makes money, just because a large number of profit-taking plates have not been sold. The people who make profits don't sell, which locks up the liquidity, so the small amount of funds that take over the plate pulls up the market value of the entire plate - in fact, its market value cannot be multiplied in this way, but we "mistakenly think" that the numbers in the account can be converted into purchasing power according to the current market value.
If you don't believe it or I don't believe it, you need money and I need money, and everyone converts it together, the market value will immediately return to zero. This is the bull turning into a bear, and those who want to convert it will eventually lose a lot of money. Only then will you realize that you didn't make any money before, and the numbers in the account are fake. It only looks like that value when "everyone thinks it's true", but as long as some people want to exchange it out, it starts to become worthless - who can successfully exchange it out? The person who exchanged it out before everyone wanted to exchange it out. Whose money did he make? The money of the person who exchanged it out later.
Just like in 2017, around 2021, what kind of people are the most in Singapore immigration applications? In the cryptocurrency world, the threshold of tens of millions of yuan is not blinked, what does that mean? Can the cryptocurrency world support so many millionaires who have become millionaires from losers who know nothing at once? No, it’s just that the bubble assets have not been realized. In the end, whose money did those who realized it make? Those who didn’t realize it, it’s that simple.
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