One pound of ribs was sold for 28 yuan in the morning, and by the evening it had dropped to 19.
A meat vendor has done a simple statistic: the batch of people who bought ribs at 19 in the evening were actually the same ones who bought them at 28 in the morning. In other words, those who wouldn't buy at 28 yuan in the morning wouldn't buy even if the price was discounted to 60%. Conversely, those who would buy at 19 would buy even at 28 in the morning.
Do you see the problem? When a game is not affordable for the common people, no matter how much the upper classes shuffle their hands, they won't attract the lower classes to participate, so it reaches a ceiling.
However, when the price drops to 9 yuan per pound, many people will buy. At that point, the vendor will quickly raise the price, going from 9 yuan back to 28 within a day. Do you understand the pattern? What I want to say is that now is not the right time to enter the market; it's not about what to buy or how much to buy, but rather that now is fundamentally not suitable for trading.
A meat vendor has done a simple statistic: the batch of people who bought ribs at 19 in the evening were actually the same ones who bought them at 28 in the morning. In other words, those who wouldn't buy at 28 yuan in the morning wouldn't buy even if the price was discounted to 60%. Conversely, those who would buy at 19 would buy even at 28 in the morning.
Do you see the problem? When a game is not affordable for the common people, no matter how much the upper classes shuffle their hands, they won't attract the lower classes to participate, so it reaches a ceiling.
However, when the price drops to 9 yuan per pound, many people will buy. At that point, the vendor will quickly raise the price, going from 9 yuan back to 28 within a day. Do you understand the pattern? What I want to say is that now is not the right time to enter the market; it's not about what to buy or how much to buy, but rather that now is fundamentally not suitable for trading.