A market where even fools can make money is a bull market

A few days ago, someone asked me why I keep losing money while still having money to lose. I jokingly said that as long as you have a few hundred million in the bank earning interest, you are 'unbeatable'.

The reality is that people make money when most people are making money and lose money when most people are losing money. As long as the money made is greater than the money lost, it results in a net inflow.

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What does a bull market look like?

Many people think a bull market is defined by crazy price increases, that a bull market means prices are rising.

In reality, a bull market should refer to a place where there is gold everywhere; anything you buy is appreciating in value. It's not just about pigs being at the right moment, but even a half-finished building could sell at top-tier residential prices.

It’s a time when everyone is making money, and you can't even imagine who is losing money;

It's a time when everyone's assets are rapidly increasing, and you don't see any assets falling;

It’s a time when anyone would feel wealth is within reach, rather than thinking about how to acquire wealth every day;

Just like last year's #AIMEME market, anyone who dared to issue a coin and mentioned AI could see market capitalizations in the tens or even hundreds of millions;

Just like this year after $TRUMP issued a coin, any celebrity who dared to issue a coin could quickly achieve hundreds to over a thousand million;

This is what a bull market should look like.

It’s not about 'careful selection' while considering whether something can rise or might fall, but rather thinking about whether the rise will be sufficient and whether it will be among the top gainers.

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Watch more, act less; simplicity is the ultimate goal.

Most of the time in any financial market is wasted time, including but not limited to web3.

So you will find that most people's money is made in a small number of trades or during a small amount of time.

Then most of the time is spent in 'useless efforts' or even 'losing money'.

Most people tend to like 'frequent trading', thinking they can 'accumulate small amounts into large sums', but in reality, it is quite difficult.

Honestly, spend more time watching and learning, as the principal is 'made from nothing'.

When emotions start, dive in all at once, and when emotions peak, exit. You might earn less, but at least you won’t lose.

I've talked nonsense all morning; it feels good.