Bull market: Attract retail investors or kill them all?
Yesterday I saw two people arguing. One said that without retail investors, there would be no bull market; the other said that if retail investors were not killed, there would be no bull market.
To be honest, I prefer the latter, because after experiencing three rounds of bull and bear markets, I found that the starting point of the bull market was basically when retail investors were liquidated and left the market. Only retail investors know this feeling of despair, and the pain of cutting meat in the end is heartbreaking.
The market will attract retail investors to enter the market again in the bull market, but it will definitely not be at the bottom area. When Bitcoin returns to 77,000, 80,000 or even 100,000 US dollars, there will naturally be a large number of people shouting "Bull market is coming" and then enter the market to take over.
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