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Why is it easier to lose a lot of money in a bull market?
The mentality is very important at this stage.
Just like the primary market, there are endless dogs every day.
If you don't rush, you're afraid of missing out. If you rush, you'll stand on the top of the mountain, or you'll be directly a Pixiu.
1. The fomo sentiment of the market will make people worry about missing opportunities and follow the trend to enter the market, and eventually they may take over.
2. Seeing that others are making money, you can't help but invest a lot of money to gamble, but often the gambling nature is the time to lose.
3. When all coins are rising, you chase the rise for fear of missing out, and end up becoming the top of the mountain capital.
In this market, sometimes keeping your mentality may be the most critical.
