Do you know why you can never hold onto your positions? Because you lack depth, you lack conviction. Why do you lack conviction? Because making money is too easy for you, and you enjoy the thrill of making easy money. When you open a long position at 10 and it rises to 20, you feel that the money was made too easily and unrealistically, and you can't handle that overwhelming wealth, so you can't wait to close your position.

But those who can endure their positions are different; when the price rises from 10 to 30, it's just a small recovery, and when the price rises to 100, it's just breaking even. When it rises to 200? I'm still only making double. As Wu Jing said, I've endured a 90% decline, have you? I can take losses, so why can't I make profits? Do nobility and royalty have any special qualities? I have endured the torment of massive losses, so naturally, I qualify to enjoy profits. In short, I deserve it!