Summary of the three main reasons many people lose money in a bull market
1. Not daring to take risks, missing early opportunities in the bull market: Many people feel the market is too hot and worry about losing money, so they hesitate to enter the market early. As a result, when the bull market begins, they miss the best opportunities.
2. Hesitating during market declines, even considering adding funds to buy the dip: When the market starts to decline, many people are reluctant to easily sell their assets, but they also fear missing out, so they think about buying more at the low, resulting in losses that increase as the market continues to fall.
3. Blindly chasing highs, investing in high-risk, low-market-cap assets: Some people see certain small cryptocurrencies or low-market-cap assets surge and believe they can get rich overnight, so they rush in. The result is often buying at a high price, leading to substantial losses when the market suddenly declines #下一个换谁涨? #BNB创历史新高 #NFT市场回暖 #ETH持续飙升 #RWA板块普涨