Whether it’s profitable or not is unknown, but it cannot lose! This time is different. This phrase is considered one of the most dangerous seven words in investment history. Its core meaning is: at the peak of a market bubble or in the depths of a crisis, people always weave new, seemingly reasonable justifications for the current extreme market conditions and claim that "this time is completely different from history," thereby convincing themselves to ignore risks and go against common sense. But in the end, the fundamental laws of the market will always prove true again, leading participants to pay a heavy price. In short: every time people are deceived, there will be a new reason of "this time is different."