The characteristic of leeks is that once they grow from the ground, they no longer branch out. Trees branch out, and even bamboo branches out, but leeks are straightforward;
In the financial market, the characteristic of leeks is that they can only see financial products that are rapidly rising, believing that only rising can make money (this is indeed the case with A-shares and real estate). They neither see the awkward development before the rapid rise nor recognize that in a well-functioning financial market, declines can also be opportunities to make money;
In fact, it is very difficult to make money in a one-sided rise. Those leeks who say they sold their houses in 2023 and went all in on gold are purely boasting out of extreme insecurity;
Similarly, it is also very difficult to make money in a one-sided decline. The weaknesses of human nature determine that in a one-sided market, whether going long or short, you simply cannot hold on;
Only financial products that experience wide fluctuations can make money. BTC belongs to the category of wide fluctuations, which is what is referred to as high-risk products. Therefore, whether in spot or contracts, only high-risk products like Bitcoin (ETH, DOGE, etc.) can make money;
Gold and silver are currently experiencing a one-sided bulldozer market. I wish the leeks chasing highs become the capital at the peak!
If your IQ cannot comprehend what I am saying, I am too lazy to explain it to you, but please do not assume that your low understanding gives you the right to spew nonsense without fear.
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