After waking up, the scam coins have dropped significantly again. This is why my strategy encourages everyone to do swing trading—sell when it's time to sell, don't hold on stubbornly.

Many people think that holding onto spot assets forever makes them as steady as Mount Tai, not afraid of drops, since they haven't lost much, and just wait for the price to bounce back. But the reality is, this is actually a deadly misconception.

The biggest danger in spot trading isn't a sharp crash, but becoming numb to risk. When the coin price drops, you comfort yourself: "It's okay, it'll rise again eventually." When it actually does go up, you’re reluctant to sell, and as a result, after a round of correction, your profits evaporate, and even your principal slowly disappears. The most fatal thing is that you get used to these ups and downs until one day, the market crashes completely, and you realize you've been trapped, even falling into a vicious cycle of “waiting for a 10% rebound after a drop → dropping 80% and deleting the app.”

Compared to contract traders who set stop-losses and quickly enter and exit, spot traders are more likely to underestimate the risks of a project. True risk isn't market volatility, but your ignorance and neglect of risk. When you realize you've fallen into the trap of boiling a frog in warm water, it might already be too late.