Have you noticed that in this wave of market trends, the ones making the most money around are actually the newcomers and some contrarian bloggers.

They don’t have any historical baggage and won’t hesitate to jump in just because the valuation is too high or the increase is too large. Just like in the 2021 meme stock frenzy, seasoned investors thought GameStop and AMC weren't worth that price, while newcomers didn’t care and went all in, resulting in them doubling their returns.

During the first wave of the AI concept stocks surge in the US market, many newcomers saw the hype and jumped in, and within a few months, their accounts multiplied several times.

In the cryptocurrency space, it’s even more evident. In 2023, there were still some institutions and KOLs saying that $BTC would crash to 10,000, but now Bitcoin has shot up to 120,000.

Starting in the second half of 2024, many people said that a bull market was impossible in a high-interest-rate environment, yet in 2025, the S&P reached a historic high, with a market value exceeding 50 trillion dollars. These statements became the background noise for continuous capital inflow. It’s quite ironic when you think about it.

Because for capital, the market is never short of skeptics; the bearish voices are actually the best fuel.

This is also why every major bull market unfolds amidst controversy, rises in doubt, and ultimately ends when everyone is bullish.