Bull Market Trap: Why Do Most People Always "Witness History" Instead of "Creating Wealth"?
The Deadly Temptation of "Perfectionism"
Countless people take "buying at the lowest point and selling at the highest point" as their investment goal, only to miss the opportunity while waiting for a pullback and then FOMO chasing highs during a surge. The sevenfold increase of Bitcoin from $15,000 to $110,000 belongs exactly to those "foolish investors" who are willing to give up the fish head and tail, only eating the fish body.
The Emotional Roller Coaster Creates a Human Black Hole
Among those trapped at the $100,000 high last year, at least 30% chose to cut losses and leave at $80,000. Yet when the coin price breaks new highs, they choose to observe coldly due to the psychological shadow of having been "bitten by a snake once." This cycle of "greed when rising, fear when falling" turns most people into puppets of market sentiment.
The Sweet Poison of Altcoins
The story of altcoins doubling in three days is always more tempting than "Bitcoin annualizing at 70%." But the reality is: 90% of altcoin projects will go to zero during bull-bear transitions. Those investors who made five times on MEME coins but fantasized about fifty times often end up losing their principal — the cruelest truth of the bull market is that most people pay for the wealth stories of a few with real money.
