#比特币持有 After watching the sharing of this senior Wall Street professional, I have some thoughts to express.

The horse racing story he told actually reveals the essence of investing - we are all making decisions based on incomplete information. The key is not to win every race, but to place bets according to our risk tolerance when the odds are in our favor.

Regarding Bitcoin, my view is quite restrained. Not because I am conservative, but because the volatility of such assets requires us to honestly face several questions: How long is your investment horizon? Do you have plans to use this money within the next three years? Can you still sleep soundly if your account drops by 50%?

If the answers are all affirmative, then it is indeed worth considering to allocate a relatively small but well-thought-out position based on one's own research and beliefs. It is not about blindly following trends, but rather a rational arrangement based on one's financial situation and time frame.

Many people ask me how much to allocate, and my answer is always: first, do your homework, then ask yourself whether this position will threaten your quality of life in extreme situations. Good investing is never about making the most, but about how long you can earn. A long-term mindset and position discipline are more reliable than any prediction.