Finally understood! Why Buffett is into value investing? Looking at the performance of Coca-Cola, which he heavily invested in, it has been climbing for over a decade, rising steadily from 7 to 70, with hardly any drops. With such a trajectory, no one would want to sell; they would hold it tightly in their hands.
This is the kind of trend that can be held for the long term. There are no explosive rises followed by steep declines, no A-shaped or inverted V-shaped trends, and certainly no traps to lure in or scare out investors. Instead, it is a steady, methodical climb, and the overall trend looks very reassuring.
Looking at the moving averages, they are beautifully aligned like a painting. The long-term, medium-term, and short-term moving averages are all trending upwards. Although the ascent is relatively slow, it is progressing steadily and systematically. It’s like climbing a mountain; even though it’s a bit slow, the pace is very solid.
With the support of all the moving averages, the center of the trend continues to rise. Even during the upward movement, there will be times of pullbacks. However, each subsequent low point after a pullback is higher than the previous one. This is a very beautiful upward movement, somewhat similar to a curved staircase, possessing a kind of geometric dynamic beauty.
So it's not that one is unwilling to hold long-term; it's just that nothing suitable for long-term holding has been found here. $BTC $ETH $BNB #加密市场反弹 #美股下挫
