The easiest way for genius traders to lose big money is during the early and late stages of a bear market. At the start of the U.S. stock market bear run: The young genius stock god's fund with 4x leverage went up in smoke; The white-haired goddess of stocks saw her profits pull back by over 50%; A whole bunch of crypto influencers suffered heavy losses in U.S. stocks... At the end of the crypto bear market: The once-crazy Liang Xi has disappeared without a trace, And a group of once-dominant genius traders has also fallen... So, why is that?