In the two years after entering the circle, the stupidest thing I did was watching the market all day. Spending 12 hours a day glued to the K-line, afraid of missing a fluctuation, and as a result, my account shrank from the principal to only 30%. It was only later that I understood a principle: 99% of market fluctuations are just false alarms, and the truly profitable opportunities only come around 3 to 5 times a year.

I remember when the Bitcoin spot ETF rumors surfaced in 2023, the market was sideways for a full two months. That period was the toughest—many around me couldn’t hold back and switched to chasing altcoins, only to be whipped when the ETF officially launched. My approach was to stay in cash and wait, then jump on when the ETF went live, and I caught a 40% rally.

This taught me a lesson: start positioning during the anticipation phase of major good news, and when the good news is actually realized, decisively exit. Never wait until the rumors are flying everywhere—it's no different from just lining up to take the bag.

Speaking of rhythm, let’s talk about position sizing. I’ve seen too many people who study MACD and RSI thoroughly, but then go all-in on a trade, and a slight pullback wipes out their account. That’s why my method, though not the smartest, lasts the longest—I divide my positions into three parts:

Half in BTC and ETH. This is the ballast, no matter how much the market drops, it must hold, and it can withstand declines at critical moments.

Thirty percent spread across 5 to 10 potential coins, each position strictly controlled within 6% of the total principal. No chasing hot picks—only selecting those with logical reasons.

The remaining 20% in stablecoins. Half of it is placed in lending protocols to earn interest, and the other half is kept separately, waiting for those dump days to buy the dip.

Rebalancing also follows discipline. Only act at key support levels, and each time I add to my position, the amount is double the previous—like first buying $1,000, then $2,000, which quickly lowers the average cost.

The last core point: stop-loss. The harshest reality in crypto is that a single stubborn loss can wipe out your previous 10 profitable trades. In 2022, I set stop-loss orders in advance at critical points and avoided a bloodbath. Stop-loss isn’t decoration; it’s a safety belt to keep you alive.