#Strategy加仓BTC **Greed and fear, it sounds simple, but it's hard to do**

This phrase has been overused, but truly few people practice it. Many don't realize that Buffett was more aggressive than imagined— in the early 70s, he directly borrowed money to buy in, and as a result, he hit the super bear market of 1973-74, with unrealized losses so severe he didn't dare look at his account. An ordinary person would have cut losses and run long ago, but he took the opposite approach: holding on, adding more positions, waiting for the cycle to reverse.

The key point of this story isn't the words "value investing," but rather asking a question— during extreme panic, do you dare to endure both time costs and volatility pressure at the same time? When facing paper losses, does your mindset collapse first, or can your logic still hold?

**In the crypto world, it's the same**

The current volatility and disagreements are essentially testing your confidence and resilience. Those coins without real fundamentals, relying solely on emotional trading, can't withstand the cycle. Conversely, projects with capital accumulation, ecological support, and community consensus are the ones qualified to talk about "long-term."

But here’s the point to clarify: Buffett can borrow money to hold on because he controls cash flow and deeply understands risk boundaries. Retail investors blindly leverage and buy the dip during high emotions—that's not investing, that's risking their entire wealth.

**The truth is**

A bull market isn't earned by the bold—it's earned by those who can stay calm during panic and not get shaken out during volatility. The current fluctuations are far from "despair." Once you understand the cycle, you'll realize—this really isn't a big deal.