Many people say the market is only about short-term gambling, with no long-term value recognition at all. Actually, I don't agree.

I once saw a quote that really struck me: Even if the price of an asset remains low for a year or two, those who truly believe in its value won't easily sell.

Outsiders see this as extreme, but it's not gambling on luck – it's genuine long-term thinking.

Now, the vast majority of people in the market are short-term thinkers: they chase when prices rise and panic sell when they drop, staring at short-term fluctuations every day and questioning their judgment every few hours.

But those with value logic in mind never limit their view to weekly or monthly ups and downs; they look at the growth potential over the next several years.

They won't overturn their original judgment because of a pullback. When buying, they focus not on the current price but on the long-term intrinsic value.

Of course, not all holding to the death is reliable. Blindly toughing it out only becomes an obsessive stubbornness.

Only persistence built on complete understanding can be called true long-term conviction.

Those who can steadily achieve results over the long term may not trade frequently every day, but they always have a foundational logic that won't be easily shaken by short-term market movements.

Most people are gambling with short-term prices; only a few are positioning for future value.
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