$CHINAHONGQIAO(01378.HK)$MNSO(09896.HK)

During the trading session, I had an impulse to cut half of my crypto holdings and move them to Hongqiao.

But I restrained myself in the end. When uncertain, it's better to lie flat than to act recklessly.

My investment philosophy has changed a lot over the past two years.

For instance, the question of whether to buy "assets that cannot generate cash flow" — I only confirmed my stance on this after this round of crypto downturn.

It's not that such assets can't be bought.

It's whether your investment portfolio, goals, and psychological considerations in extreme situations match this asset.