BTC falls below 99K, is it completely bearish?

Munger would say: This panic is exactly the opportunity.

U.S. stocks plummeted (Dow -1.7%, Nasdaq -2.3%), BTC fell below $99K to a low of 97k, and the market began to panic.

It took less than 7 days to go from celebrating $107K to doomsday theories?
Munger once said: We succeed not because we are good at solving problems, but because we are good at staying away from problems.

Those who are fully leveraged and chasing highs are now experiencing the pain of solving problems, with liquidation, clearing, and panic selling.
The defensive strategy chose to stay away from problems from the very beginning, avoiding chasing highs, not over-leveraging, and not being fully invested.

Munger wisdom + defensive DNA = long-term compound interest:

✅ Enduring a 50% fall without changing expression: If you want to invest for the long term, you must be able to withstand a 50% fall without changing expression.
✅ Berkshire Hathaway has achieved amazing success by adhering to fundamental morals and common sense. The defensive flow treasury is fixed to roll over weekly, not predicting, but maintaining discipline and structure.
✅ Cultivate rational thinking: Defensive strategies can be reviewed and verified, and do not rely blindly on intuition to chase rises and falls.

Do not chase highs, do not have full positions, do not use high leverage, withdraw profits weekly, and hedge positions against each other - seemingly ordinary, but this is the only path to long-term compound interest.

#BTC # Bitcoin #美股暴跌 # defensive flow #北极熊交易法 # Munger investment wisdom #风险管理 # do not panic sell