Today let's talk about the long and short lines as seen by everyone. The core difference between the two is: long lines look at logic, while short lines look at trends.

For long-term investors, the biggest trap often lies in greed. Once you have selected this target and clarified this logic, the most correct approach is often to buy directly rather than trying to use technical analysis to find so-called lows.

Trends are unreliable; attempting to time the market perfectly can lead to mistakes, and it is easy to miss opportunities while hesitating. In the face of long-term logic, sometimes the simplest methods yield the best results.

Additionally, a misconception must be corrected: long-term investing is by no means equivalent to buying and then ignoring it in your account.

The premise of buy and hold is that the logic remains valid. Market conditions and macro policies are constantly changing; the reasons for buying a few years ago may not hold true a few years later.

Therefore, long-term holders also need to pay attention to news, research reports daily, and regularly review the stocks they hold. This does not mean you should frequently trade but rather to confirm whether the original buying logic remains robust.

Finally, regarding copying work and risks, for those who immediately ask you to recommend targets, they haven’t thought for themselves. They can reference investment logic, but specific targets cannot be replicated, as everyone’s cognitive boundaries and needs are different.

Especially for high-volatility tech investments, there are only two pieces of advice: first, never buy assets that exceed your cognitive range, and second, never discuss returns without considering risks.