The opportunity comes, the money is gone, which is also a kind of regret, so always keep a portion of cash. Cash can also appreciate; it gives you the chance to buy assets that have been "sold off due to over-leverage," just like on August 5th.

Cash can also help you stay calm during volatility because you know your living expenses are secured.

One more thing, try not to have debt and leverage; being debt-free means you will never be forced to sell your assets. If we go down the path of deflation (like now), most people with debt will be forced to sell assets (including houses) to pay off their debts, even though this is a situation you never want to encounter.

Just like the big volatility in 2020, seasoned investors know it's an opportunity, but most people with leverage were forced to liquidate or exit to secure their living.

People thought the world would end in March 2020, but it was actually just a new beginning; 312 forever changed the trajectory of our lives.

So keep a portion of cash to secure your living, maintain solvency, stay rational, and remember what you own.

As always, enjoy the winter! 👌👍