$QTUM

Why is the path to profitability in this bull market particularly bumpy compared to the past?

Evolution of market rules: Since 2015, the cryptocurrency market has gradually entered the public eye, and the truly widely participated bull market cycle mostly began in 2017, followed by the boom in 2021. Investors are accustomed to refining strategies from the previous two bull markets in an attempt to replicate success. However, the market never develops according to the established script. Once the inherent profit model is broken by new market dynamics, many investors will be confused. They find that their once "magic weapon" has failed and they are faced with unknowns and uncertainties. The result is often shrinking funds or missed opportunities.

Transformation of capital structure and banker strategies: The significant difference in this round of bull market is that the influx of large amounts of formal funds has completely changed the market ecology. These large funds are often deployed in advance, and their operating methods and strategies are more complex and changeable, making market trends more difficult to predict. At the same time, the differentiation between mainstream coins and meme coins has intensified, while some traditional value coins such as Dash and Qtum have appeared relatively silent. This differentiation has further increased the confusion and operational difficulty of retail investors. The dealers' upgraded strategies caught retail investors off guard and even made them feel like they were being "played".

Lagging retail investors’ mentality and strategies: Although the market environment is changing with each passing day, the investment psychology and behavioral patterns of retail investors are relatively fixed. It is often difficult for them to get rid of the past thinking framework and continue to operate according to the old logic, while the market has quietly changed its track. From value investing to chasing the trend of meme coins and air coins, retail investors are particularly passive in this game. They are often attracted by the short-term fluctuations of the market, blindly chasing ups and downs, and eventually become victims of market fluctuations.

To sum up, the reason why this round of bull market makes people feel that it is more difficult to make money is mainly because the market rules, capital structure and the mentality of retail investors are undergoing profound changes. Investors need to constantly adapt to these changes and adjust their investment strategies and mentality in order to remain invincible in the complex and ever-changing market environment. Here, I sincerely invite you to like and follow. I will continue to share market analysis and insights into high-quality potential currencies to help you grasp the pulse of the market and move forward steadily.