Reasons why newcomers lose money in the bull market:
First: At the end of a bear market and the beginning of a bull market, they are afraid to buy, having just gone through the bear market's baptism, their minds are still filled with bear market thinking, missing the best opportunity to get in.
Second: In the middle of a bull market, when the trend starts, they are afraid to buy, always thinking to wait a bit longer for even lower prices. By the time they decide to get in, they might be stuck at the peak, unable to enter.
Third: They cannot hold onto their profits, frequently engaging in short-term trading, selling for small gains.
Fourth: Misusing leverage leads to liquidation.
Fifth: At the end of a bull market, when the market is crazy, under the impact of profits, they cannot resist the huge temptation, frequently increasing their positions to chase prices, leaving themselves standing at the peak.
To determine if the bull market is still ongoing, the simplest strategy is to monitor Bitcoin's movements. As long as there isn't a large amount of cashing out, it indicates that the bull market is still in play.
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