90% of people will lose money in the bull market of 2024
This is the objective law of the capital market and cannot be changed.
Based on personal real experience in the last bull market
Here’s why:
In January 2024, the starting capital was US$1 million and I bought 21.27 pancakes for US$47,000.
At this time, analysts said that if the price fell below 40,000 US dollars, there would be a waterfall, so all 21.27 large pieces were sold for 41,000 US dollars. At this time, the capital was 870,000 US dollars.
The big positive line started to bottom out and broke through the 47,000 pressure level. At this time, I couldn’t wait for the $48,000 stud and bought 18.12 big cakes for $870,000.
The pie rose to 5.28 and encountered pressure, and began to fall back to around 50,000. You panicked and sold 18.12 pieces of pie for 51,000. At this time, the capital was 924,000.
macd returned to the 0 axis and began to rebound. The pie broke through the high of 52,800 US dollars. The big positive line stood at 63,000 US dollars for three consecutive days. You bought 14.6 large pies at 63,100 stud and 924,000 US dollars.
It rose to $68,000 and started to pull back. Major analysts said that the daily top diverged, so you sold $67,000 for $978,200.
The market only corrected for one day, then reversed immediately, rising directly to 73,700 US dollars. You finally couldn't help it anymore, and you bought 13.4 large pancakes for 978,200 US dollars in the 73,000 US dollars stud.
So I summed up my previous experience and refused to sell it even to death. The price of the No. 4.2 pie dropped to US$66,400. I panicked and prepared to cut the meat. . . . . .
Repeatedly, the pie will one day encounter a black swan, and after a bull market, 90% of people will lose money, and the pie in their hands will only become less and less.
