Recently, many people have been discussing news about a leading institution increasing its Bitcoin holdings, and the comment section below has exploded—some are shouting "Full position buy-in," while others are crying out "It's going to crash." I just want to ask: why haven't you all learned your lesson yet?

I've been involved in the crypto market for seven or eight years, experiencing several bull and bear cycles. My biggest takeaway is that retail investors are the easiest to be emotionally manipulated. Every move by institutions is amplified infinitely, and short-term price fluctuations are often treated as investment signals. But in reality, if you look closely, institutional actions fall into two categories—short-term speculation and long-term positioning. The former involves quick entry and exit, while the latter involves continuous accumulation, showing no concern for short-term volatility.

This recent increase clearly indicates a long-term strategic move. Just look at the current situation: five years ago, when people mentioned crypto assets, words like "scam" and "bubble" would come to mind. But now? Leading global institutions are entering one after another, and governments around the world are beginning to formulate regulatory policies. What does this mean? Crypto assets are gradually moving from being "wildly growing" fringe assets to gaining recognition within mainstream financial systems. Institutional accumulation, in simple terms, is a bet on this long-term trend.

The key issue is that retail investors often mistake long-term signals for short-term bullish signals, leading to chasing highs and getting caught. Instead of blindly following the crowd, it's better to think clearly about whether you want to engage in short-term speculation or believe in the long-term value of crypto assets. The strategies for these two paths are completely different.