Ma Guangyuan: Over 90% of ordinary people simply do not have the investment skills needed during turbulent times.

Ask AI · Why does Ma Guangyuan stress that the risk of bottom-fishing is extremely high during volatile periods?

On March 25, economist Ma Guangyuan said that recently, the prices of gold and silver have seen a surge followed by a sharp drop. Gold fell all the way from its peak of 5,600 USD to below 4,100 USD. Many people are now thinking about buying the dip, but whether it can succeed depends on the ability to judge the trend. To be frank, more than 90% of ordinary people simply don’t have this capability. They can’t even make sense of what they’re seeing, yet they still feel they can buy the dip, top out at the right time, and make a fortune during turmoil—that’s the most fatal mistake ordinary people make. He said that the rise and fall themselves are also a rare learning opportunity, and he gave three very straightforward reminders:

First, with the outcome of the U.S.-Iran conflict highly uncertain right now, never gamble—don’t try to buy the dip. Don’t think about catching a bottom to bet on a rebound; that’s not investing—it’s catching falling knives.

Second, have a clear understanding of precious metals like gold and silver: they have a reasonable price, and they can’t just keep rising “to the sky.” At a reasonable price they’re a safe-haven asset, but if the price is too high, then you become the biggest risk.

Third, never overestimate your ability to control the overall situation. In such a super long cycle and extremely volatile environment, more than 90% of people don’t have the ability to buy the dip, and they also don’t have the ability to exit in time. Once they enter, they will very likely be swept up by the market, go along with the crowd, and ultimately suffer severe losses.