Did retail investors make money during the 2021 bull market? Looking back at the K-line chart of the previous bull market, various coins with hundreds or thousands of times returns are densely packed. Many people mistakenly believe that everyone in 2021 was laughing all the way to the bank. In fact, that's not true at all. Those who have truly experienced a bull market know that a bull market doesn't make you happy every day; instead, it torments you every day. When prices rise, you doubt whether it's just a trap to lure more buyers; during pullbacks, you wonder if the end is near; during sideways movements, you question whether you've misjudged the cycle.

The essence of a bull market isn't about giving away emotional sugar; it's more like a process of repeatedly testing people. You continue to move forward in doubt, gradually being validated along the way, but the next wave of volatility will pull you back into uncertainty. Those who truly make money are never the most emotionally excited or the loudest in shouting; they are the ones who remain in the market most of the time despite uncertainty. Therefore, a bull market is never something you enjoy casually; it's designed for the main players who have long planned to harvest retail investors. To succeed, you need to think like the main players—have a long-term plan!