Any investment target's bottom support mainly comes from two categories:

1. Fundamentals: including income, buybacks, destruction, future, etc.

2. Sentiment: consensus, narrative, speculation, emotions, etc.

When dealing with some currencies that have very weak or no fundamentals, price movements are the only fundamental. Being bearish on them actually divides into two completely different ways:

1. Incorrect bearishness = believing it will drop in the short term or long term

This is irrational; any investment target, even a project on the verge of delisting, can still rise, so this kind of bearishness is meaningless.

2. Correct bearishness = comparing it with more and better assets, then assessing the fundamentals and sentiment, trying to hold it for a longer term, and then making a judgment unrelated to short-term/long-term price movements: that is, do I have to participate in it? Is it the only option to participate in? If the answer is I can choose not to participate, then this kind of bearishness is made after judgment and is fine.

Making money, I actually mainly did push-ups in an ascending elevator in the past; in essence, I was just in the car, making money from the rising.

Finding an ascending elevator is best with the higher possible height, this is the only certain correct thing.

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