Why can't ninety percent of people make money in a bull market?
The reasons are these three points: Greed, Anger, Ignorance
Greed means hoping for instant wealth, wishing for a hundredfold return, recklessly leveraging and going all in without considering the consequences. Unwilling to take profits in time, always wanting to earn more. Ignoring risk warnings, always willing to buy into mediocre, golden, and super early-stage chips in detail.
Anger (Fury) leads to an excessive reaction to losses, resulting in irrational decisions, revenge selling, and venting frustrations through cutting losses.
Ignorance:
Lack of correct understanding of the market and oneself, blindly following the crowd, failing to think independently, ignoring learning and improvement, and stubbornly adhering to wrong beliefs.
Always buying at the highest point and always cutting losses at the lowest point.
When the market goes up, feeling like a stock god; when it goes down, cursing the platform as a scam.
This is the current state of retail investors.
