Fortunately, due to a steadfast bull and bear cycle position allocation, I gave up my long-standing obsession with holding positions in major internet companies.
Holding domestic listed internet companies over the past few years has been quite tough: First, ByteDance's boundless traffic expansion, plus anti-monopoly measures and geopolitical pressures, now ByteDance's AI is aggressively crushing the competition, adding in internal competition and the cancellation of tax benefits expectations. If old giants don't have a clear advantage in AI, it's hard to justify high valuations anymore. Now, the whole village's hope is on ByteDance, hoping for a major IPO soon, so that retail investors in the secondary market can also share the pie.#我在Gate广场过新年
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ChristmasEve
· 5h ago
Good luck and prosperity 🧧
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ChristmasEve
· 5h ago
2026 Go Go Go 👊
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ChristmasEve
· 5h ago
Wishing you great wealth in the Year of the Horse 🐴
Fortunately, due to a steadfast bull and bear cycle position allocation, I gave up my long-standing obsession with holding positions in major internet companies.
Holding domestic listed internet companies over the past few years has been quite tough:
First, ByteDance's boundless traffic expansion,
plus anti-monopoly measures and geopolitical pressures,
now ByteDance's AI is aggressively crushing the competition,
adding in internal competition and the cancellation of tax benefits expectations.
If old giants don't have a clear advantage in AI,
it's hard to justify high valuations anymore.
Now, the whole village's hope is on ByteDance,
hoping for a major IPO soon,
so that retail investors in the secondary market can also share the pie.#我在Gate广场过新年