#比特币机构配置与囤积 Seeing Saylor once again signal an increase in holdings, the market is buzzing again. To be honest, the actions of such large institutions are indeed worth paying attention to, but I want to remind you—attention does not mean blindly following the trend.

The continuous accumulation of Bitcoin by institutions reflects their confidence in its long-term value, and there's no doubt about that. But we need to see two things clearly: first, their capital size, risk tolerance, and other factors are often not on the same level as ordinary investors; second, statements like "continue accumulating until market complaints stop" essentially admit that there are disagreements and volatility in the market.

This is exactly why I have always emphasized the importance of position management. Even the most promising assets, if their allocation exceeds what you can bear, no matter how strong your mindset, will collapse under volatility. Instead of tracking institutional moves, ask yourself: Is my Bitcoin allocation in my overall asset portfolio reasonable? Does this proportion match my risk tolerance and investment cycle?

The premise of long-term holding is always the ability to hold with a clear mind. What is needed is not the courage to follow the trend, but enough self-awareness.