Reasons why novice investors lose money in the crypto bull market:
First: At the end of the bear market and the beginning of the bull market, they hesitate to buy. Having just gone through the bear market, they are still thinking like it's a bear market, missing the best time to enter.
Second: In the middle of the bull market, when the trend rises, they hesitate to buy, always thinking they should wait a bit longer for even lower prices. By the time they decide to enter, they may find themselves stuck at the peak, unable to buy in.
Third: They can't hold onto their profits, frequently engaging in short-term trades, selling at small gains.
Fourth: Overusing leverage leads to liquidation.
Fifth: At the end of the bull market, when the market is crazy, they can't resist the huge temptation and frequently add positions to chase the rise, leaving themselves standing at the peak. Public account: Little Bear on Coins, free of wasteful discussions.
To determine whether the bull market is still ongoing, the simplest strategy is to monitor the movements of BTC. As long as there isn't a large liquidation, it means the bull market is still alive!
