A bull market is a game of wealth transfer; the smaller the amount of capital, the higher the probability of being transferred.
Here are a few major reasons summarized for you:
1. In the early stages of a bull market, those who just break even or make a little profit are reluctant to leave in the later stages;
2. Unable to distinguish between the early, mid, and late stages of a bull market;
3. Enjoy listening to others' opinions and recommendations for coins to make money;
4. Love to tinker, like to chase after rising prices and sell during dips, unable to hold onto coins, cannot withstand volatility;
5. Unable to recognize the arrival of a bear market, the more it falls, the more they love to buy;
