The viewpoint that "believing the price is low and buying in is the biggest pitfall" actually involves a common misconception in investing - pursuing low-priced purchases while neglecting the overall investment strategy and risk assessment.

In investing, many people indeed focus on price factors, believing that buying at a low price means low cost and high returns. However, in reality, simply judging whether to buy based on a low price is far from sufficient. We need to comprehensively consider multiple factors of the target asset, such as the fundamentals of the asset, the industry's prospects, the overall market trend, and our own investment goals and risk tolerance.

Sometimes, a low price may be precisely because the market holds a pessimistic view on the prospects of that asset, or there are inherent issues with the target. In such cases, blindly buying may face significant risks. Conversely, if an asset has good fundamentals and a broad industry outlook, even if the current price is relatively high, it may still be a worthwhile investment opportunity.

Therefore, I believe that what is more important in investing is to establish a comprehensive investment strategy and risk assessment system. This includes understanding the basic conditions of the target, the capabilities of the management team, the market competitiveness of the products, and making decisions based on the overall market trends and personal investment goals.

Of course, everyone's investment preferences and risk tolerance are different. Investing carries risks, and one must be cautious when entering the market! It may seem like a cliché, but it is indeed a useful piece of advice.