In the bull market, why are more people losing money?

1. There are more funds, local funds, and private placements, making it difficult for new and old players to guard against.

2. Large fluctuations make contract operations more difficult, and it is easy to liquidate positions or be stopped.

3. Phishing and fraud methods are increasing, hacker attacks are frequent, and non-human losses are heavy.

4. In the FOMO mood, people operate more boldly and make more irrational investments such as credit cards and loans.

5. Exchanges close down and run away, and there are more cases of deliberate short selling on the chain, etc. ​​​