In summary, why do those institutions make money? First of all, it’s value investing.

So what is the foundation of value investing? It’s not about buying. If coins, equity, stocks, and shares all go up and make money, then that’s not investing—that’s just something supernatural.

In this industry, what’s able to make big money is—I'm talking about the entire financial market. If you have a bullish outlook on the underlying asset, you keep buying. If it never rises, they would never sell.

So the question is: how do you find the right picks? It’s one round after another. You can see the future value of this asset after 5 years, after 10 years—rather than investing in a bunch of low-quality, knockoff coins.

This kind of asset allocation also depends on your own strength and your own positions. You hold different assets accordingly. For example, my own positions are #btc #crcl #uin #bp. Then for these 4 assets, it’s impossible for me to use 50% of my funds to buy #bp 以为后面不确定因素太多 但相对于 #btc #crcl. I believe that at this price, over the next few years, I will earn several times the return—that is certain.