Reasons why novice investors lose money in the cryptocurrency bull market:

First: At the end of the bear market and the beginning of the bull market, they dare not buy, having just experienced the bear market's trials, their minds are still filled with bear market thinking, causing them to miss the best time to enter.

Second: In the mid-bull market, when the trend rises, they hesitate to buy, always thinking to wait a bit longer for even lower prices; at this time, if they finally enter, they may get stuck at the peak, making it impossible to invest.

Third: They can't hold onto profits, frequently making short-term trades and selling at small gains.

Fourth: Misusing leverage leads to liquidation.

Fifth: At the end of the bull market, as the market goes crazy, under the impact of profits, they cannot resist the huge temptation, frequently increasing their positions and chasing prices, leaving themselves standing guard at the peak.

To determine whether the bull market is still ongoing, the simplest strategy is to keep an eye on Bitcoin's movements; as long as there is no large liquidation, it means the bull market is still alive!