The continued downturn of China Concept Internet has caused panic among investors. Since China Concept Stocks have been falling in the short term, and the largest withdrawal rate of E Fund China Concept Stock in 2021 has been as high as 44%, investors
The biggest question is whether Chinese concept stocks can already be bought at the bottom, and what will be their development in the future?
1. The rise and fall of Chinese concept stocks in the short term cannot be predicted. Judging from the current trend of the market, no one can predict the rise or fall of Chinese concept stocks in the short term. However, the K-line chart visible to the naked eye continues to move upwards.
The pullback shows that the pullback rate of Chinese concept stocks is very high.
To be precise, Chinese concept stocks reached their highest point on February 18, 2021, and by June 22, 2021, Chinese concept stocks had dropped by 28.5%.
To be precise, it continued to fall to the limit within 84 trading days.
Looking at the K-line chart in the recent period of August, we can see that over the past 50 trading days, Chinese concept stocks have been trending downward, with a total decline of nearly one-third.
The future trend of Chinese concept stocks is unlikely to rebound in the short term.
2. Funds are a test of human nature. When entering the market, many investors will think of ushering in a bull market or a bear market with less cost. Investors will also struggle when buying funds. Some investors are enduring hardships.
After the bear market, I saw the fund increase and immediately sold it with joy. However, what I never expected was that after I saw the dawn of victory, the fund would have a rapid correction in the short term. This wave of operations directly
Breaking through people's psychological defenses.
But the choice between human nature and funds lies in falling into the pit again and again.
The purpose of investing in Chinese concept stocks is to make big profits in a bull market, but you must consider its loss-making nature when investing in this stock.
After all, the maximum withdrawal rate of 44% is no joke.
Judging from historical trends, short-term fluctuations in Chinese concept stocks are very large. If you buy them in the long term, you will probably not see any money back within one to two years, so investors are investing in the market.
Be sure to think carefully when doing so.
Of course, Chinese concept stocks are still developing very well in China's stock market, and their future prospects will rise sharply with the continuous development of technology companies.
For investors who have spare money, they can allocate some money to Chinese concept stocks under appropriate circumstances, but they must pay attention to allocating the money in batches and be prepared for a long-term battle.