$DOGE

Why should we adhere to long-termism?

Let's take a simple example.

Try to judge whether the market will rise or fall tomorrow. What is the correct probability?

50%, both rise and fall are possible.

Judge whether the market will rise or fall next year. According to the cycle, it is concluded that it will rise. The correct probability is 99%. Then, if you buy this year and sell next year, it will be easy to make money. Unfortunately, 80% of people don't have this patience, so 20% of people succeed.