Recently, I’ve been contemplating an investment issue, noticing that many people chase gains and sell off on dips, anxiously watching candlestick charts, while I am doing something completely different. This reminds me of a line from the Tao Te Ching: "He who does not compete, therefore the world cannot compete with him."

Many interpret this line as meaning one should accept defeat gracefully, but my understanding is different. I believe it means that the things I pursue are fundamentally on a different level from yours. I have already ascended to a higher place, so I don’t need to compete with you. You compete over short-term rises and falls, while I focus on the direction of the future. That’s why I don’t argue with investors who chase quick gains and sell on dips, because we are simply not in the same game.

My approach is very simple: buy quality companies within my circle of competence at reasonable prices, and then wait. Whether it’s Bitcoin or Ethereum, mainstream coins or other assets, I only look at one thing—whether the future is promising. As long as this logic holds, fluctuations don’t matter, and I’m not afraid of deep twists and turns, because time will help me resolve these issues.

Looking at the current data, BTC is around 77.71K, down 0.02% in 24 hours; ETH is at 2.14K, up 0.04%; BNB is at 657.50, up 1.04%. Some people look at these numbers and feel conflicted, but I think, what impact do these fluctuations have on me? None. What I care about is where these assets will be in one year, three years, five years.

This is what I mean by the true meaning of non-competition. I don’t compete over short-term gains, but all long-term growth belongs to me. The things they fight themselves to exhaustion over, I only need to wait for time to realize. It’s not about not competing, but competing on a higher level. When you understand this, market volatility becomes noise, and your investments truly begin.

He who does not compete, therefore the world cannot compete with him. Applied to investing, it means I don’t compete with you over short-term returns, but I want all the long-term rewards.