Whether it's investment or speculation, the essence of making a profit in the financial market is to buy low and sell high.

At low levels, there is a common phenomenon where very few people dare to get in; the lower the price, the more fearful people become, afraid of being stuck.

Alternatively, they wait for the trend to emerge before jumping in, and when it really starts to rise, they want to wait for a pullback to buy again, until it reaches a very high position, at which point they reluctantly choose to buy. However, the charm of compound interest is that buying at low levels has a significant advantage; at high levels, one can only take over or risk running alongside at high risk.

Even if the price has already squeezed out a lot of bubbles, when the true value is revealed, you panic; conversely, when the bubbles emerge, you squeeze to the limit. This is human nature.

I repeatedly emphasize that during market panic, one must restrain their inner fear to welcome the dawn, rather than hesitate.

Many times, it is not that there are no opportunities; it is that most people cannot seize them.

Even such a simple principle, how can the retail investors not understand? Please remember that classic saying: knowing and doing is the hardest gap for humanity to bridge. What you need to do is to unify knowledge and action. If you fail to do so, how can you possess the huge price difference brought by the cognitive gap!

If you are in cash, at least at this position, you should hold 50% of your position; the other 50% can be invested according to a certain percentage of decline.

I want to emphasize one more point: when true value is revealed, being in cash is actually the most dangerous.