Found the chairman! 🤓

Recent market trends,
From personal observation, Bitcoin seems to still be ahead of the Nasdaq.

Earlier, Bitcoin led the pullback, followed by a decline in the Nasdaq,
And recently, Bitcoin has rebounded first to reach new highs, while the Nasdaq has also slowly climbed back to new highs.

Therefore, the movement and trendline of Bitcoin still hold certain reference significance.

However, returning to the operation itself,
There is almost no cost-effectiveness in 'holding long' at this stage.
Although there may be some opportunity to make profits in the short term, 'inertia holding' is not always the correct strategy.

Many times, holding long turns into a long-term drawdown.
For example:
Buying properties in certain cities in 2015, after 10 years, you might still be at a loss now.
In the A-share market, holding long for nearly 7-8 years, most varieties fail to even outperform bank interest rates on an annualized basis.
And so on.

It's not that there aren't times of high returns, but the stage dividends are easily eroded by time.
When profits are trapped and expectations are nearly exhausted, looking back, you realize you're stuck in place or even regressing.

So, when judging that profits are limited, staying in cash is actually a more efficient choice.
It not only preserves flexibility but also provides more room to wait for truly cost-effective heavy investment opportunities.

Continue to wait for the next time you can confidently invest heavily, be willing to hold long, and see a certain 'turning point'.

But it is definitely not now,
Now is not worth it.