A friend of mine bought 1 million yuan worth of gold yesterday at noon to buy at the bottom. It had just dropped nearly 3% on the 22nd, and then broke below 4000 on the 23rd, basically buying in the middle of a decline. He had guts, but betting his entire fortune on a short-term low point is more of a gamble than a sound investment. With gold prices so volatile, ordinary people need to buy in batches and manage their positions carefully to weather the storm. Going all in and then seeing further drops leaves no room to buy more. If you had 1 million yuan, would you dare to bet it all like him?