Since last year to this year, the financial markets have almost repeatedly experienced retail investors getting liquidated every so often. The second half of 2025 is expected to see a surge in cryptocurrencies, early 2026 in precious metals, and recently, U.S. stocks, gold, and cryptocurrencies have all been declining together.

On the surface, it seems to be due to international situations, inflation, and policy expectations, but deeper down, it’s the cyclical laws at work.

The most frightening thing in trading is not misjudging the direction but losing control of positions and leverage. Many people clearly see the right overall trend but still end up losing money. Why?

Because a single needle or a liquidity stampede is enough to wipe out these high-leverage accounts.

A week or a month of profit can easily create the illusion that the market will always move according to one’s ideas. But the reality is quite the opposite—what the financial markets most quickly eliminate are overconfident people.

It is not bear markets but volatility that truly causes many to go bankrupt. So over the years, I’ve increasingly believed in four words—slow is fast.

Many people make quick money, but few survive long-term. The biggest secret to investing and trading is actually very simple—first survive, then patiently wait for the cycle to reach an ideal buying stage, gradually build positions, and hold until spring blossoms.

Cycles always exist; liquidity easing will come, interest rate cut cycles will come, risk appetite will recover, and new main themes will emerge. The market is never short of opportunities. What’s lacking is the chips in your account when it’s time to step in.

In recent years, international turmoil has been turbulent, and the global financial order is being reconstructed. The volatility of various financial assets will only increase. But crises and opportunities are two sides of the same coin. When everyone is panicking, it’s often the starting point for cyclical buying.

I believe that in the second half of 2026, whether in U.S. stocks or the crypto market, there may be a noteworthy window for building positions.

As for gold, I prefer to see it as part of asset allocation rather than a quick wealth-accumulation tool. For most people, buying gold in installments, holding long-term, and continuously investing over time can, when viewed over the long run, outperform most bank manager-recommended products in annualized returns.

The market never lacks opportunities. I hope everyone will still be at the table when those opportunities arrive. #我的Gate交易时刻 $BTC