Last season, there were a lot of newcomers entering the market, and almost 90% of them ended up with nothing after the downtrend.
It's not just the newcomers; many people who have participated in the market for years faced a similar situation—after the downtrend, they ended up with nothing.
During an uptrend, making money is easy; sometimes you wake up and find your account has multiplied by 5 or 10, and that's normal. When you have money, your quality of life starts to increase; without money, 5 to 10 million can be gone by the end of the month, but when you have money, your spending can be 30 to 50 million or even more.
Not to mention the endless parties: eating, drinking, massages, going to bars—spending tens or hundreds of millions in one night :))
Once you've accumulated some money, you start buying houses and cars, thinking the market is easy to profit from, so you use leverage. If you have enough money to buy one house, you use leverage to buy two or three; luxury cars can also be financed.
During a downtrend, if you can't make money, you're left with debts that haunt you, and all the results of your hard work during the uptrend seem wasted.
This upcoming uptrend will be three to five times bigger than the previous wave; if you manage to make money, it's time to learn how to keep it :))