#香港稳定币监管框架 has been rolling in the Crypto Assets battlefield for a full ten years. I have watched wave after wave of people rush in with hope, only to leave in disgrace. I have also lain in the pit of Get Liquidated; those who understand know the feeling.

Today, I won't discuss any grand narratives with you, just eight things—each of them are hard-earned lessons I've learned by spending real money. If you can take a few of these to heart, you can save yourself some tuition fees.

**Let's first talk about the position issue.**

Not enough funds to reach 100,000? Just honestly take one coin. For a volume of two to three hundred thousand, at most allocate to two. Within five hundred thousand, three to four is the maximum you should hold. Do you think diversification reduces risk? Wrong. The more scattered your positions, the more confused you become, and in the end, you won't have a firm hold on any. When a bull market comes, your firepower should be concentrated, and in a bear market, you must keep it light and simple.

**Let's talk about trends again.**

The rebound that pops up when the market is falling is mostly a trap to lure more buyers. A pullback during an uptrend? Most of the time, it’s the main players washing out the market. Don’t always think about catching the bottom or guessing the top; follow the market wherever it goes. This is not surrender, it’s called knowing the times. Your judgment will never outperform the trend.

**About when to take action.**

Opportunities only show up when the market is bustling. What are you messing around for when the market is quiet? Just wait. Remember, not trading is a trading strategy in itself.

**Set stop losses and take profits aggressively.**

If you lose, you have to cut losses; the earlier you cut, the longer your account will survive. This is not giving up; it’s about survival. What if you make a profit? Quickly raise your take-profit line and lock in the profits. Unrealized gains that are not cashed in are just paper wealth.

**Buying and selling should be efficient.**

When you see the opportunity, go in; if it doesn't look right, run. Don't dawdle. Hesitation will only make you lose more. Withdraw at the first sign of risk; don't cling to the battle and don't be upset about that little fee.

**Ask yourself one question before increasing your position: If I were currently holding no position, would I still buy this coin?**

If the answer cannot be 100% certain, then don't add it. Increasing your position is meant to amplify correct choices, not to cover up wrong decisions.

**Not many people can do this short-term trading well.**

Staring at the 15-minute candlestick chart all day, how much money can you make? Big money is made by following the trend, not by frequent trading. It's better to do nothing than to act blindly.

**Finally, let's talk about bottom fishing.**

There is no bottom when it drops. Those who insist on waiting until it "drops enough" to enter the market are mostly already left behind halfway. By the time you feel safe, your chance has long passed.

This road is not easy to walk, but whether you can avoid detours and being taken advantage of depends on whether you can keep these hard truths in your heart. The market will not show sympathy to anyone; only your own discipline and execution can save you. The choice is in your hands, don’t wait until you Get Liquidated to regret.