The Kill Line is Here: Why 'Long-term Speculation' has Just Begun?
The so-called 'kill line' is not a price line; it's the line where patience is cut off. When society no longer rewards long-term effort, people will use high volatility to exchange for a sense of 'control'. Long-term speculation has just begun.
① A real feeling story: I fell silent after listening.
I know someone in the tech industry who has a decent income.
Last month he took out a significant amount of money to swipe points/get opportunities on a high-risk platform.
I asked: Do you think it's worth it?
He shook his head and simply said:
"Otherwise, what can I do? Save money for twenty years and buy a house when I'm over fifty?"