Ma Guangyuan: Over 90% of ordinary people simply do not have the ability to invest in times of turmoil
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```htmlJinse Finance reported that on March 25, economist Ma Guangyuan stated that the prices of gold and silver have recently experienced extreme fluctuations, with gold plummeting from its peak of $5,600 all the way down past $4,100. Many people are now thinking about bottom-fishing, but whether they can succeed depends on their judgment of the trend. Frankly, over 90% of ordinary people simply do not possess this ability. The most fatal mistake that ordinary investors make is believing they can bottom-fish, escape from the top, or earn big profits amid volatility even though they don’t understand the market. He candidly pointed out that price fluctuations are a rare learning opportunity and provided three straightforward reminders: First, in the highly uncertain outcome of the US-Iran conflict, never bet or attempt bottom-fishing. Don’t think about catching a rebound; that’s not investing— it’s catching a falling knife.Second, when it comes to precious metals like gold and silver, one must have a clear understanding: these assets have a reasonable price and can't rise indefinitely. At reasonable prices, they serve as safe-haven assets, but when prices are too high, they become the biggest risk.Third, never overestimate your ability to control the big picture. In such a super cycle and extreme turbulence, over 90% of people lack both the ability to bottom-fish and to exit in time. Once you enter the market, you’re likely to be swept along by the trend and ultimately suffer heavy losses.```
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