How do you view this pullback in the US stocks?
"BlackBerry $BB didn't drop much, Nokia $Nok dropped fairly well."
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Last year, zhaozhao bought Binance "Life" in two phases.
·First phase
On the OKX Web3 wallet, then later used Life to chase Meme coins.
｜All the meme coins bought at the end went to zero.
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·Second phase
On the exchange, cost 0.26U, at that time swapped $M for Life.
Put in about 300,000 CNY position.
｜Soon after buying, Life fell from 0.26U all the way to 0.037U.
Max drawdown 85.87%, the 300k CNY position fell below 50,000 CNY at the lowest.
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That feeling of seeing a halving, then another halving,
really makes one question life.
Here I want to share an investment approach:
If you spot a target and can't ignore its ups and downs, holding it through a whole phase makes it very hard to earn a result.
For BlackBerry $BB and Nokia $NOK,
zhaozhao sees 30U at the current stage,
meaning regardless of how BlackBerry and Nokia move later,
I won't sell until it meets my expectation.
