Friends, what is the concept of betting on new assets?

In the new bull market, we must try our best to bet on new assets.

This is why each of my three laws of bull market engines has the word "new" in it.

Old technology, new gameplay; new narrative, new hope; batch generation of new assets.

Usually in a bull market, the bull market engine (a batch of new assets) first pulls the market, then the new coins controlled by the strong bankers, and finally the new Pond's New Air ends.

Old assets will also rise, generally following the rise in the mid-to-late period. However, it is difficult for their relative ranking to rise (because it is usually difficult for old assets to have new catalysts and their valuations are at a "reasonable" position); even, due to the emergence of batches of new assets , these leaders of new assets will also squeeze the rankings of old assets, causing their relative rankings to decline.

From a probability perspective, there is a high probability that old assets will stay put (just follow the rise) or even decline in ranking; while the leaders of new assets will rush into the top100, top50, top30, or even top20.

From a purely probability perspective, in the new bull market, we must bet on new assets.