Earning money isn’t that easy—only with great wisdom and great perseverance can it be achieved. Investment is no different from做人 (being a person): focus on what’s big and let go of what’s small. The ways to advance and retreat, the ways to choose and let go—every one of these is built on human nature.$BTC
Life has two hurdles: one is making money, the other is keeping it. In the real-economy sector, the people who make money are one generation, while the next generation is the one that preserves it. In the financial sector, you make money + preserve money, and there is only one cycle—one cycle lasts only for a few years. $BTC
People who can fully eat their way through the bull market are not many; I’m one of the few—bought the dip at 17,200 and sold at the top to escape at 118,000. People who can fully avoid the bear market are also not many; I’m one of the few as well—I’ve been in cash for a year. $BTC
Making ten million is difficult, but what’s even harder is not investing recklessly—dodging $BTC through the counter-cycle, and waiting for a new beginning.
SpaceX is a solid company, but just being a good company doesn't mean it's a good investment. Their tech, chips, and satellites are legit. However, they only have a revenue of 18.7 billion, and with a current valuation of 1.75 trillion, they need to pump their revenue by 60x over the next 5 years to justify that valuation. Apple hasn't pulled it off, Amazon didn't either, and neither did Nvidia. So after the SpaceX stock unlocks, it's highly likely to take a serious hit. If you're looking to invest in SpaceX, it's best to wait for the dip before you buy. $BTC $NVDAB
This drop of $BTC is definitely due to some funds being forced to cut losses, and once it reaches a certain level, we might see a capitulation event. The characteristic of capitulation is like a waterfall.
This level $BTC is facing a bounce, but it won't be high. After the bounce, it will continue to drop. The target for this dip is 41k USD, which means a halving at 82.8k, but this isn't the bottom of the bear market. The real bottom of the bear market is at 29k USD.
$LAB is definitely going to hit 10u, that stance remains unchanged. (I closed my position on this account, but I've still got 1 million r in trades on another account.)