Why is it easier to lose a lot of money in a bull market?

1️⃣ The fomo sentiment of the market makes you afraid of missing any opportunity, so you follow the trend and rush a lot, and finally take over the market.

2️⃣ Seeing that everyone is making money, you can't help but rush in with big funds, thinking about taking a gamble, and often when you start gambling, you lose.

3️⃣ When all the coins are rising, you are afraid of missing out, so you chase the rise and end up with Peak Capital.

In this market, sometimes it may be crucial to keep your mentality.