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Big A is still very fragmented, Yi Zhongtian surged yesterday, hitting a new all-time high, the higher it goes, the more it hits new highs. The only purpose is to attract you to chase the high.
Semiconductors plummeted for two days, then surged for one day, seeming to turn a desperate situation around.
As I mentioned before, after a sharp decline, it may surge again, making those who cashed out regret selling and chase in; after a surge, it may fall again, causing those chasing the high to be re-locked.
Whether it’s Yi Zhongtian or semiconductors, no one knows when they will rise to, or peak at, a certain point.
But retail investors just need to remember one thing: odds.
Chasing Yi Zhongtian and semiconductors now, the odds are very low, they have already risen several times, ten times over, making it hard to double your money if you go in again; but if you’re not careful and get trapped without timely stop-loss, a few times of decline is very normal.
This kind of rise won’t be too much, but the fall can be significant, making it not a good investment.
As an outsider, you just need to watch from the outside, see the high-rise buildings, see the guests at the banquet, and then watch the buildings collapse. #Gate携手Alpaca链接数字资产与股票金融交易