In the investment field, a decline is not a risk, but rather a process of 'detoxifying' the market. Risks often arise during price surges and market overheating, while opportunities lie in the declines.
The choices made during a decline affect the mindset for subsequent rises. If one holds back and dares not enter the market, it becomes easy to chase after rising prices when the market reverses, leading to a high probability of being trapped. As the market declines again, fear can lead to panic selling, resulting in a vicious cycle of wealth shrinkage. The wise approach is to build positions in batches during declines to average down costs; during recovery and rises, take profits in batches to lock in gains, and continuously operate in line with market fluctuations.
Whether for long-term investment or daily trading, the essence is still 'buy low, sell high.' Relying on short-term emotions to chase rallies and sell on dips may yield short-term profits, but it is hard to sustain, as emotions eventually recede, revealing those who are unprepared.
Therefore, it is essential to respect the market and control emotions to navigate steadily toward the shores of wealth in the waves of investment.
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