Some people say that I am a die-hard bull, just blindly bullish.
Some people say that there is no bear market in my eyes, it's always a bull market.
I just want to say: that's just what you think.
Since the end of 2022, our institution has judged that the bear market has bottomed out, and so far, we have maintained a bullish outlook.
However, that doesn’t mean we will always be bullish. Right now, it only seems to you that the bear market has come, but with our in-depth analysis, we know very well that the bull market is still here.
So, it’s not that we are blindly bullish, it’s just that the bear market hasn’t really come, and there’s no reason to look for a bear.
Retail investors always go with the flow.
When the big pie rises to 126000, everyone is greedy. When there’s a slight pullback, they rush in at 110000 and 100000, fearing they’ll miss out.
After entering the market, as the market continues to decline, they start to fear and worry, forming a warm group of people trapped in losses, mutually spreading panic during the bear market.
Now, seeing the drop so much, no one dares to enter the market, thinking about waiting, waiting until it drops to 80000 or 70000 to see the situation.
During this process, even if there’s an increase, they dare not enter the market, fearing it’s just a rebound and that they’ll get trapped.
Where does the fundamental reason for going with the flow lie?
First, they lack the ability and methods to truly identify bull and bear trends.
I want to ask everyone a question, how do you judge the current bull and bear market?
Is it because of a certain big influencer, or a big influencer's bearish viewpoint? Is it because they heard others say the four-year cycle has ended?
Or do you judge bull and bear markets through past methods, having traversed bull and bear markets, through your own successful methods?
The emotions behind your viewpoint, are you currently panicking? Afraid? Annoyed? Angry? Or are you calm?
Secondly, they cannot recognize signals of a bottom or a peak, and haven’t found the truly suitable buying and selling points.
People who lose money have a common characteristic: they always buy at high prices; why? Because they don’t dare to enter when prices are falling, always afraid of further declines.
Once it rises, after a big jump, they regret it, and after regret, they fear missing out. After fearing missing out, they may enter even after a slight pullback? Or even without any pullback, they directly enter the market.
You don’t know when to buy; entering at the wrong place leads to a series of problems.
Just like now, a clear bottom signal has appeared, yet you fear it may drop to 80000 or 70000. Because you cannot understand the bottom signal, you simply do not dare to enter the market.
Even if you enter the market, you will misinterpret the bull and bear trend, thinking it’s a bear market now, and then selling as soon as it rises slightly. This is the core reason for losing money.
Finally, I’d like to share a phrase with everyone:
'Being a person' and 'being an investor' are essentially the same.
As Chinese, the education we receive from a young age is to follow the right path, to have moral integrity, so that we can have a long-lasting and better future; this is the core of the bottom layer.
Successful people have good moral character, and they have mastered methods that lead to success, just like Lei Jun and Jack Ma.
Those who complain about life being difficult and bitter, and envy others living well, you’ll find they have a characteristic: 'great ambitions, lying in bed', and it only gets worse.
As an investor, it is equally important to have the correct investment philosophy, moral character, and not engage in speculative activities, like contract leverage, and not always be 'great ambitions, lying in bed'.
To succeed, you must grow; without growth, success is impossible.
It's a very simple example. Now, those who look bearish, do they really have the ability and methods? It's just emotional, and with more like-minded people, they blindly draw conclusions.
