My investment strategy is not limited to price, but focuses on trends. In my view, price does not determine the end of a trend, so when asked about price movements, I often cannot give a definitive answer. This is because I have observed that many investors miss opportunities by being overly focused on price when a bullish trend first appears, ignoring the power of the trend.
Take the market trend in 2021 as an example; data shows that a large number of investors chose to exit when the price of Bitcoin was in the range of $20,000 to $30,000, including many long-term holders. The reason they did this was largely because the previous high was only around $19,000, whereas in 2021, the price of Bitcoin broke through $69,000.
I am not predicting how high this current trend can reach, but I firmly believe that it is far from over. Even if the price rises to $100,000, I will still hold on. Of course, this is just my personal investment strategy and not investment advice to others. In the field of investment, everyone should make independent decisions based on their own risk tolerance and investment objectives.
