High-awareness investing is about realizing gains; low-awareness investing is about sacrifice.

BTC — ETH
The differences in perception lie in:
— When others are fearful, you are greedy; when others are greedy, you are fearful;
— The ability to foresee industry evolution trends in advance;
— The ability to accurately identify great companies with deep moats;
— The ability to avoid most companies that should be avoided;
— Truly being a long-term friend of time, accompanying your investments over the long haul.

The essence of investing is to become a long-term partner of the enterprise.
Your judgment is destined to go through a journey of “being misunderstood.” Those decisions that are eventually validated often appear as “minority opinions” before realization, and are at odds with mainstream market views.
Once you start to seek external validation to support yourself, you have already deviated from the essence of investing. You don’t need to pursue instant recognition either. Because the answer in investing is hidden in time: correct judgments will be responded to with compound interest over time; wrong choices, no matter how lively the applause, cannot change the outcome.

Currently, Pi can be certain of the fear phase:
1. The current delays in open-sourcing the code have led to continued decline in market confidence among rational investors,
2. After widespread mapping in the Heavenly Dynasty, an unavoidable phase of periodic sell-offs,
3. In a bear market, the mainstream trend of decline exceeds 85% unavoidable.

What does everyone think?