Why are some people still losing money in a bull market?

Honestly, the crypto world is no longer the era where you can get rich overnight just by blindly buying coins.

The old strategy was simple—open a trading account, buy some BTC during a bull run, and wait for your account balance to skyrocket. Everyone could share a piece of the pie back then.

But doing that now? Not only will you fail to make money, you might even get slapped back by the market.

Let me break down the underlying logic of this situation.

**Fund flow has completely changed**

Currently, market movements are dominated by institutional funds.

Wall Street spreads their positions through ETF products. Their approach is long-term holding and following long-term trends. If you're still thinking about opening a position today and cashing out tomorrow for quick profit, that mindset is outdated. Today's market isn't designed for retail investors to be "day traders."

The logic of capital movement has shifted to first let big funds set up positions, then smaller funds follow suit. If you can't keep up with the rhythm of the main institutional players and rely solely on your own operations, you're just learning the market's lesson the hard way.

**Opportunities still exist, but concentration is high**

The opportunities haven't disappeared; in fact, they're clearer—because all the money is focused on truly promising sectors.

The first is DePIN. Contributing bandwidth, storage space, or computing power to continuously generate coins is now the most reliable mining model. Compared to those purely speculative projects, this has real practical application.

The second is the combination of AI and blockchain. Providing AI with computing power, data, and model support is a genuine hot trend. Large funds are already pouring in.

The third is RWA—tokenizing real-world assets on the chain. Real estate, bonds, commodities can all be tokenized, with clear income models that easily attract institutional funds.

Besides these, there's a more stable option: holding BTC and ETH for staking. The current yields are actually higher than many traditional financial products, and the risk system is more transparent.

**Old strategies still work, but the difficulty has increased**

Airdrops, DeFi play, early project hunting... these methods can still make money, but we're no longer in an era where luck alone can get you through. Now, you need professional judgment.

So, why do some people still lose money in a bull market?

Because they are still trading meme coins and blindly following pump-and-dump schemes. The market has evolved to version 3.0, but you're still stuck in the primitive stage.

Because they panic-sell at the first sign of decline and rush to buy at the first sign of a rally. They always lag behind the main players, destined to be the bagholders.

Because they pour all their living expenses into trades. Sweating when it drops 10%, wanting to go all-in when it rises 10%. Such mentality will inevitably lead to market rebukes.

**Final words**

The truth in the crypto world is quite simple: professionals make money at the expense of amateurs.

Now, this rule has been made clearer and executed more ruthlessly.