Fact is 90 to 95 percent of people loose money in their investments in stocks, bonds, etc.  As value goes up in greed they buy and cause the value to go up even more.  When value drops they panic and sell at a loss in mass and cause the value to drop further. Goes on and on like that.

Wealthy do not follow the herd and do the opposite - increasing their wealth further.

Do not follow the herd but instead do the opposite.  I know this because from the several hundred bitcoins I bought over 4 years ago (and got a like amount of bitcoin cash for free the following August) I used it to buy a million dollars in realestate in the Great North Woods of New Hampshire and still have a million dollars worth of it to cash in as I please.