Why do so many influencers go for the value investing route? Value investing is actually something with a very high barrier to entry. What most people think value investing is: analyzing companies, reading financial statements, calculating performance, looking at PE/PEG/PS ratios, valuations, industries, etc. In reality, the core of value investing is: identifying the right industry, spotting the right company, and buying in when the company is significantly undervalued. Most people’s version of value investing is just finding a good company but forgetting the hard rule of buying when it’s far below its actual value. Why is it said to have a high barrier to entry? Because those who can truly do value investing are able to meet with company executives, understand the business, and then analyze before making decisions. Just like when Buffett invited Wang Chuanfu to the U.S. (before meeting Buffett, his team had already met with Wang several times and done a lot of groundwork). Only after their discussions did Buffett decide to invest in BYD. Can ordinary people just summon the chairman of a listed company for a meeting? For most people, so-called value investing is just finding a good company, using some hard-earned savings to buy in, then holding onto it for years while being stuck at a loss. Once they break even, they start claiming they’re doing value investing. In reality, they don’t have enough effective information to analyze and make judgments. If you truly lack the ability to make judgments, honestly, dollar-cost averaging into $BTC is probably our best option.