Let's look at the current profit and loss situation of various accounts in the A-share market: The 100,000-share accounts, which account for the largest proportion of all accounts, have a 98% loss rate, while less than 1% of large accounts with tens of millions in holdings have lost money.
Therefore, the stock market doesn't create wealth; it merely transfers wealth...
In fact, this isn't just true for A-shares; the cryptocurrency market might be even worse...
Does anyone have data?
#BitcoinLiquidity #CryptoMarketObservation
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