Ladies and gentlemen, today I want to discuss a heart-wrenching topic. After years of trading on exchanges, I’ve seen too many people live and die by price fluctuations—being arrogant when prices surge, losing sleep when assets shrink. Frankly, this is a sign that their mindset hasn’t been properly established. Those who truly survive and thrive in the crypto world rely not on luck, but on a proven set of action strategies. I’ve condensed my lessons from these years into 9 points, hoping to help you avoid some pitfalls.

First, be clear: only invest with disposable income. Using living expenses, overdrawing credit cards, or borrowing money to go all-in is basically setting a trap for yourself. When the market suddenly turns downward, your psychological defenses collapse instantly, and your decision-making goes haywire. Conversely, if you only invest what you can afford to lose, your mindset will naturally be more stable. Remember, opportunities are constantly emerging, but once your principal is wiped out, the game is over.

The second key word is value anchoring. Market trends are constantly shifting, and Meme coins fluctuate wildly, but projects that can survive multiple cycles share a common trait: they solve real problems. For example, Bitcoin’s digital gold attributes, Ethereum’s ecosystem network, or the recently popular RWA track—all are supported by real assets or practical applications. Don’t buy into the myth of “hundredfold coins.” Spend more time researching the core value of projects and the background of their teams. A low price doesn’t mean undervalued; some leading projects may seem expensive but have much stronger risk resistance.

The third point: stagger your positions and avoid the impulse to go all-in. Want to precisely catch the bottom or sell at the top? That’s wishful thinking. The real approach is to divide your available funds into several parts and invest gradually, either periodically or during price dips. For example, if your assets drop by 10%, add a bit; if they fall another 10%, add more. Doing so naturally averages out your costs, reduces the risk of chasing highs, and eases psychological pressure.