Many people, in the early stages of investing, always fall into a misconception:

I can only make money, I cannot lose, and if I lose, I feel uncomfortable.

Unable to accept fluctuations and endure unrealized losses, the outcome is to cut losses and liquidate.

This cycle continues, and in the end, you will definitely be a losing player in the investment market.

The truth of the investment market is:

No one can maintain a 100% win rate,

just like no one can predict market trends.

What we need to pursue is fuzzy correctness,

What is fuzzy correctness?

In all the investment decisions made in the past, if more than 50% are correct decisions, then your final investment returns will definitely surpass most people.

This is fuzzy correctness.

After you make an investment decision, short-term unrealized gains and losses cannot determine the correctness of the investment decision.

As long as you can ensure that before making an investment decision, you have done sufficient research, recognized its long-term value, and prepared for long-term investment for several years, then adhere to your investment discipline, stick to the DCA (Dollar-Cost Averaging) strategy, and increase your position when prices are low, you will most likely become a long-term profitable investor.