Long-term investing does look particularly comfortable, doesn't it? But we still need to face reality.

Today, Silk Road has explicitly indicated that the medium-term is likely to experience a wave of pullback and consolidation. Many people envy the profits of long-term investing but overlook the most critical point—the high psychological demand of medium- and long-term strategies.

Along the way, there will inevitably be counter-movements, oscillations, and even seemingly breaking adjustments. At this point, the test is not technical skills but your endurance, resolve, and faith:
Can you withstand the fluctuations, hold onto your positions, and stick with the trend until it completes?
Or will you be scared by the consolidation, exit early, and miss out on the subsequent opportunities?

Those who can truly ride out an entire market cycle are never just lucky; they are able to endure loneliness, withstand oscillations, withstand tests, and make timely adjustments when situations change.