Do you dare to buy at the bottom? If not, do you really understand value?
Everyone says to 'buy low and sell high', but when the coin price plummets and panic sets in, do you really dare to buy? The bottom is not lacking in opportunities; it lacks belief. When others are cutting losses, can you still trust your judgment and stick to your logic? Value investing is not about slogans, but rather about being willing to increase your position when you're questioning life itself. This courage comes from your understanding of the project, familiarity with the cycle, and awareness of the risks. Those who are afraid to buy at the bottom often find it difficult to sell at the top. Because from start to finish, they never truly believed.