I've already lost a lot of money on my Moutai stocks. I started buy the dips at 1750 and kept buying until it dropped to 1600, thinking that the demand would be released as the Spring Festival approached and there would be a rebound. But in December, it accelerated its decline. As the saying goes, "ducks are the first to know when the river warms in spring." We in the crypto have been so closely linked to the US stock market that we were unaware that the global economy had frozen like this. That said, Moutai tastes best when it's priced over 2000 yuan, and the 1500-2000 yuan range is still decent. After it dropped below 1500 yuan, I feel that its soy sauce aroma isn't as good as Xijiu 1988, and its smoothness isn't as good as Jiannanchun.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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