Why are most people more likely to lose money in the bull market of Crypto? ? ?

In the bull market, it seems that everyone is making money, but it is actually a beautiful trap. Investment guru Graham said: The bull market is the main reason for ordinary investors to lose money

The operating rules behind the financial market and the behavioral economics principles involved

1. Most people will eventually lose money. First of all, as long as it is venture capital, whether in a bull market or a bear market, most people will eventually lose money in the market. This is an eternal law that has never changed

Why is it more dangerous to invest for the first time in a bull market?

Because in a bull market, as the market rises all the way, everyone is making money. This rapidly accumulated wealth effect will attract a large number of novices to enter the market.

Novices have never bought cryptocurrencies before, especially when they hear about a relatively large wealth effect, such as a coin that has increased 100 times in a short period of time. 🐍区茄薇:sanh1952

They have no knowledge of the financial market. They watch their friends start to make money and follow suit. In the end, losses are almost inevitable.

The reason for the loss is the timing of entry.

The timing of entry means that most people start to pay attention to the crypto market in the middle or late stages of the bull market. At this time, the market is already at a relatively high level. No one thinks that the current Bitcoin odds are still high, right?

And irrational behavior refers to irrational decisions such as chasing ups and downs, frequent trading, and emotional decisions, which will lead to increased investment losses.

At present, the market is surging, and a violent bull market is about to come. It is lonely to walk alone. Those who hoard spot goods and hope that the spot will double. Those who can't hold it, click on my avatar to see the top of the homepage, pay attention, and share my bull market strategy deployment with fans for free.

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