# Сопутствующие статьи по теме Investing

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Investing", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

A $20 Million Loss Lesson: For Buying the Dip in U.S. Stocks, Just Remember These 'Three Dos and Three Don'ts'

"Losing 20 Million: A Painful Lesson on Bottom-Fishing in the U.S. Stock Market — Remember the 'Three Dos and Three Don'ts'" The author shares hard-earned insights after significant losses, concluding that while timing the peak is crucial for A-shares, bottom-fishing is key for U.S. stocks. The U.S. market's long-term upward trend makes buying the dip a core strategy, though it is psychologically challenging for many investors accustomed to A-shares' volatility. The article defines market corrections into three levels based on decline magnitude and duration: daily (5%+ drop or 2+ weeks), weekly (10%+ or 4+ weeks), and monthly (15%+ or 4+ months). Only 7 monthly corrections occurred in the S&P 500 over 20 years, each driven by macro events like rate hikes or crises. The core of U.S. stock bottom-fishing is a disciplined, batched approach. The "Three Dos and Three Don'ts" are: 1. Do plan batched entries; don’t make impulsive trades. 2. Prioritize "buying enough" over "buying cheap." 3. Use time-based batches (e.g., buying every few weeks) over price-based batches. For weekly corrections, a three-batch plan over ~10 weeks is suggested. For rarer monthly corrections, a 6-month plan with decreasing batch sizes (1/2, 1/3, 1/6) is advised. The strategy assumes the market’s long-term growth and relatively low volatility. The article also categorizes downturns: natural pullbacks, valuation-driven adjustments, and systemic crises (e.g., 2008, 2020). While black swan events are unpredictable, the key is to respond based on evolving realities rather than trying to predict them. The ultimate advice: stay engaged, assess risks as they develop, and remember that even severe crashes eventually recover.

marsbit02/14 09:28

A $20 Million Loss Lesson: For Buying the Dip in U.S. Stocks, Just Remember These 'Three Dos and Three Don'ts'

marsbit02/14 09:28

Software Stocks Plunge 20%, But I'm Heavily Invested in Adobe and Salesforce

Last week, the software sector lost $1 trillion in market value, with stocks like Shopify, Atlassian, Salesforce, and Adobe plunging. The sell-off was triggered by Anthropic's release of Claude Cowork and OpenAI's similar tools, sparking fears that AI would disrupt traditional software companies. However, the author argues this reaction is irrational panic, drawing parallels to past overreactions: Google’s 40% drop after ChatGPT, Meta’s 70% decline due to TikTok, and Nvidia’s 30% fall after DeepSeek—all of which later rebounded significantly. The author believes established software firms have strong defenses: high switching costs, deep AI integration capabilities, and entrenched trust with enterprise clients. On Thursday, they bought Adobe, Salesforce, ServiceNow, and Microsoft, citing low valuations and robust fundamentals. Adobe trades at half its historical P/E, with $5B in AI revenue. Salesforce’s AI products grew rapidly, and ServiceNow’s subscriptions rose 21% last quarter. Microsoft, despite its OpenAI stake, is undervalued with the lowest P/E among Magnificent Seven stocks. The author views this as a market overreaction and a buying opportunity for high-quality companies.

marsbit02/12 07:18

Software Stocks Plunge 20%, But I'm Heavily Invested in Adobe and Salesforce

marsbit02/12 07:18

Mechanism Capital Founder: Excessive Worry About Bubbles Is Foolish

Mechanism Capital founder Andrew Kang argues that excessive worry about market bubbles is misguided in the current technological landscape. He emphasizes that we are at a uniquely asymmetric moment in history, driven by exponential advancements in AI, robotics, energy, and other innovative fields. Short-term volatility and corrections are noise compared to the long-term transformative potential of these technologies. Kang predicts a near-future "singularity" with billions of AI agents, humanoid robots, space data centers, multi-planetary colonization, and revolutionary medical therapies. He states that the technological progress and economic growth compressed into the next 20 years will surpass the entirety of human history. Companies leveraging AI are already seeing order-of-magnitude improvements in productivity. Traditional valuation models are inadequate for pricing this unprecedented growth, which could reach "20-sigma" levels in historical statistical terms. The wealth creation will be extreme, and those without exposure will find it difficult to enter the market later. Kang advises adopting a long-term, exponential mindset and avoiding short-term trading, as the potential upside represents the largest asymmetric opportunity in history.

marsbit02/11 08:10

Mechanism Capital Founder: Excessive Worry About Bubbles Is Foolish

marsbit02/11 08:10

Euphoria, Panic, and Crashes: Navigating 38 Years of Bull and Bear Markets, Volatility is the Inevitable Path to Wealth

Facing the recent extreme volatility in crypto markets, a veteran with 38 years of market experience and 13 years in crypto shares his perspective. He has witnessed Bitcoin’s rise from $200 to $75,000 and endured multiple drawdowns of 50% to 80%. Through these cycles, he emphasizes that volatility is the necessary “entry tax” in a secular bull market, and true wealth belongs to those who overcome emotional instincts, accumulate during panic, and hold long-term. He recalls buying BTC at $200 in 2013, only to see it drop 75% shortly after, and later falling 87% in the 2014 bear market. During the 2017 bull run, he experienced multiple sharp corrections. Although he sold during the fork wars and missed further gains, he re-entered during the COVID crash. In 2021, BTC fell 50% from April to July, similar to current sentiment, yet it eventually reached new highs. Key lessons: 1. For secular assets, doing nothing (HODLing) often outperforms timing the market. 2. Aggressively adding during sell-offs, even incrementally, compounds returns significantly over time. He advises asking two questions: Will the world be more digital tomorrow? Will fiat currency be worth less? If yes, continue investing. Time in the market beats timing the market. Manage position size according to personal risk tolerance, and never use leverage—it leads to permanent loss. He stresses the importance of having self-earned conviction (DYOR—Do Your Own Research), not relying on borrowed beliefs. While timing experts may occasionally succeed, expecting and accepting volatility is crucial. He continues to buy during dips, as he did in 2020–2024, and plans to do so again. Volatility is the price paid for long-term compound returns. Embrace it.

marsbit02/07 04:17

Euphoria, Panic, and Crashes: Navigating 38 Years of Bull and Bear Markets, Volatility is the Inevitable Path to Wealth

marsbit02/07 04:17

Market Plunge, But These Crypto OGs Are Still 'Topping Up Their Faith'

Summary: On February 6, Bitcoin plunged 15.48% to $60,000, marking its largest single-day drop since the FTX collapse. The Crypto Fear & Greed Index hit 9, indicating "extreme fear" and a new low since the 2022 bear market. Despite widespread panic, several crypto veterans reaffirmed their conviction. Michael Saylor encouraged buying Bitcoin as a form of support. The founder of Base emphasized long-term commitment to building. Lily Liu, President of the Solana Foundation, argued that blockchain's core purpose is financialization, stressing the importance of protecting liquidity unity. She criticized the "Web3 narrative" as overly simplistic and called for creating new markets rather than relying on speculative narratives. Balaji expressed strong bullishness, stating that "code-based order" is rising as "rules-based order" collapses, making short-term prices irrelevant. He emphasized the need for on-chain companies and internet-native systems. The founder of Helius shared similar optimism, advocating for filtering out "tourists" to improve signal-to-noise ratio in the space. Linda Xie shared her experience of a 75% drawdown in 2018, advising against emotionally-driven decisions and emphasizing holding assets with strong fundamental belief. Crypto influencer神鱼 (Shenyu) succinctly stated: "1 BTC = 1 BTC." Overall, these leaders urge perseverance, focus on fundamentals, and long-term belief in crypto's transformative potential despite market volatility.

marsbit02/06 02:48

Market Plunge, But These Crypto OGs Are Still 'Topping Up Their Faith'

marsbit02/06 02:48

The 2026 U.S. Treasury "Maturity Wall" Approaches: Who Is the Market Paying For?

The US faces a significant "maturity wall" in 2026, with approximately $10 trillion in Treasury debt coming due—nearly 70% of which is short-term T-Bills. This massive refinancing need, equivalent to the total maturities from 2008-2010, poses a structural challenge. A key concern is the refinancing of low-coupon bonds (∼1%) issued during the low-rate era of 2021-2023 at potentially much higher market rates (∼4%+). The Congressional Budget Office (CBO) projects net interest costs could reach $1.12 trillion in 2026, surpassing defense spending. The government faces a "impossible trilemma," struggling to simultaneously avoid a fiscal crisis, raise taxes significantly, and allow market-determined interest rates. Market pricing currently assumes no major tax hikes and no crisis, pushing pressure onto higher long-term yields. This could elevate the 10-year yield toward 5.5%, compressing equity valuations—particularly for rate-sensitive tech stocks. For investors, this period may bring heightened volatility rather than outright crisis. Strategies include anticipating the Federal Reserve's potential intervention if rates spike too high, selling volatility (e.g., writing out-of-the-money puts), and redefining assets: gold as a hedge against dollar credibility concerns, and long-term Treasuries as volatile instruments for policy reversal bets. The event underscores the need for portfolios resilient to higher rates and volatility, turning uncertainty into opportunity.

marsbit01/20 07:33

The 2026 U.S. Treasury "Maturity Wall" Approaches: Who Is the Market Paying For?

marsbit01/20 07:33

The Harsh Truth of Leveraged DCA: When Math Collides with Human Nature

The article "The Harsh Truth of Leveraged DCA: When Math Meets Human Nature" examines the risks and realities of leveraged Bitcoin dollar-cost averaging (DCA) strategies through a five-year backtest. Using an initial investment of $18,250 with weekly contributions, the study compares three strategies: spot DCA, 2x leveraged DCA, and 3x leveraged DCA. While the 3x leverage eventually yielded the highest final balance at $68,833, it only outperformed the 2x leverage ($66,474) by a marginal 3.5%—far less than the gain from moving from spot ($42,717) to 2x leverage. The key insight is the severe downside: a 95.9% max drawdown for 3x leverage, requiring a 2400% recovery to break even, compared to 85.9% for 2x and 49.9% for spot. The "ulcer index," measuring psychological stress, was significantly higher for leveraged strategies (0.51 for 3x vs. 0.15 for spot). The underperformance of high leverage is attributed to volatility drag—daily rebalancing in volatile markets erodes capital through buy-high, sell-low mechanics. The article concludes that spot DCA offers the best risk-adjusted returns (Sharpe and Sortino ratios) and psychological sustainability, while 3x leverage is inefficient and perilous over the long term. True wealth accumulation requires discipline and time, not unsustainable leverage.

marsbit01/16 05:54

The Harsh Truth of Leveraged DCA: When Math Collides with Human Nature

marsbit01/16 05:54

BSC Pop-up Store Style Memes: How Can They Compete with Solana?

The crypto market's high-beta phase has reignited the meme coin frenzy, with Solana and Binance Smart Chain (BSC) emerging as two dominant but divergent ecosystems. Solana leverages its high-speed, low-cost infrastructure (0.4s transaction time, ~$0.005 fees) and culture-first approach, epitomized by platforms like pump.fun, where memes evolve from community-driven narratives and often face rapid failure—over 98% of projects eventually collapse. Its top meme tokens, like BONK and WIF, thrive on viral momentum and decentralized innovation, but the ecosystem is highly competitive and transient. BSC, in contrast, relies heavily on central figures like CZ and He Yi, and its EVM compatibility attracts event-driven, sentiment-heavy trading—particularly within Chinese-speaking communities. While BSC memes can achieve rapid, concentrated pumps, they often lack longevity without ongoing influencer support. Data from Dexscreener (as of Jan 12, 2026) highlights key differences: Solana recorded 26.92M transactions ($8.65B volume) vs. BSC’s 5.9M ($7.80B), reflecting Solana’s retail-heavy, high-frequency trading versus BSC’s大户-dominated, narrative-centric rallies. Ultimately, Solana’s strength lies in its resilient, tool-rich culture, while BSC excels in short-term, liquidity-injected opportunities. The choice between chains depends on risk appetite: probability and algorithms on Solana, versus community sentiment and timing on BSC.

比推01/13 00:34

BSC Pop-up Store Style Memes: How Can They Compete with Solana?

比推01/13 00:34

European KOL Review: How I Sniped 'Meme Coins' While You Were Sleeping

European KOL Barry (@0xBarrry) shares his strategy for identifying promising meme coins early, focusing on a disciplined process rather than chasing hype. He starts by asking if others will want to buy the token later, ensuring exit potential. Using public tools like OKX Wallet’s Meme Pump, he filters tokens with solid volume ($400K+) and reasonable market cap ($250K+), avoiding pre-migration tokens. He checks holder cluster structure and distribution, dismissing tokens with over 60% scam wallets or suspicious bundling. If the structure passes, he verifies if the contract is discussed in Telegram groups. Only then does he check Twitter for narrative potential and KOL interest, avoiding renamed projects. He uses tools like @frontrunpro to monitor smart wallets and avoids charts until the end, using them for confirmation rather than entry signals. His best entries are at $1M–$3M market cap. He emphasizes tracking wallet clusters (not single addresses) for capital flow insights, using tools like @kryptogo_. Case studies like SNOWBALL (successful) and UDOG (break-even) illustrate his approach. He waits for market confirmation via simple moving averages (SMMA 33/144) rather than guessing bottoms, prioritizing patience and process over frequency. Key takeaway: advantage comes from a repeatable, pre-emotional workflow that separates signal from noise.

比推01/09 18:53

European KOL Review: How I Sniped 'Meme Coins' While You Were Sleeping

比推01/09 18:53

After Two Years of Martial Arts Training, I Found That Those Who Lose Money in Crypto Are All the Same Type of People

After two years of training in combat sports and observing both gym and crypto communities, the author identifies a common pattern of self-sabotage driven by ego. In martial arts and weightlifting, highly motivated individuals often push too hard, leading to injury, frustration, or burnout. Similarly, in crypto and financial trading, ego manifests as revenge trading, obsessive arguments, or clinging to flawed investment theses. The key to long-term success in both domains is harnessing drive and discipline while managing ego. Consistent, humble practice—without emotional overreaction—prevents irreversible failures. The lesson: transform ego into disciplined, daily action rather than letting it dictate decisions.

marsbit01/08 08:54

After Two Years of Martial Arts Training, I Found That Those Who Lose Money in Crypto Are All the Same Type of People