Recent thoughts to share:
Retail investors are an extremely emotional group (including myself), while institutional investors are more like hunters deep in the jungle, seeking long-term profits. They are not on the same page, and emotionally driven retail investors naturally cannot truly understand institutional investors.
From June 2022 to October 2023, MicroStrategy was consistently losing money, racking up losses of nearly 2 billion yuan, and its stock price plummeted by 80%. At that time, the whole world was mocking Michael Saylor, just as the entire market is now mocking Tom Lee and Yi Lihua.
Emotional reactions not only lead to "disagreement," but also to short ETH in the opposite direction, subconsciously trying to prove oneself right. That's why we've recently seen many people using Yi Lihua as a counter-indicator; whenever he buys ETH, someone else jumps out to short it.
There's really no need for that. We're all nobody; don't trade out of spite. You might win once, twice, or three times, but just one loss will wipe out your entire investment, including any profits. Next year will be a bull market; time will prove them right.
From another perspective, simply buying ETH spot isn't enough if you want to copy their strategies. Subconsciously, you also need to be on the same timeframe as them, prepared to hold for 1 or 2 years. Otherwise, due to a mismatch in timing, you'll either question the institution's competence or doubt your own luck.
above.
