1. Making money requires an underlying logic; without logic, making money is purely luck. I often advise people in the crypto circle that large funds should dollar-cost average Bitcoin, while also allocating some to other assets that are unlikely to go to zero, also using dollar-cost averaging.

Many people think dollar-cost averaging is about buying in batches, not buying at the highest or the lowest. If it drops, you can use your bullets to replenish, which may earn less but definitely loses less. They think this is the greatest advantage of dollar-cost averaging.

The true benefit of dollar-cost averaging is that it changes your inner thinking, allowing you to really hold on to that asset.

You must have had this experience: going all in, judging the price yourself, and then buying an asset that just doesn't rise, like ETH or DOGE. You hold for a year and a half, and it just doesn't rise. Bitcoin has reached new highs, but it doesn't really move. Your mind will feel extremely tormented every day, and then finally, it rises, and many people sell immediately because they broke even. Some people even sell without waiting to break even, just too lazy to look.

Recently, after the rise, many people said they sold a few days ago, or they sold directly after a big rise. Those who fall before dawn are the most regretful.

Why can't they hold on? This can't be blamed on them. The root cause is that the holding period is too long.

Assuming you bought on the same day and it dropped, would you be anxious to sell? You dollar-cost average every week or even every day. Each time you buy, your holding period resets. If you have been dollar-cost averaging for a year, as long as you buy once in the last week, your brain will think you have only held for a week. So why would you be anxious to sell, right? This is the greatest power of dollar-cost averaging. ----- It can continuously refresh the holding period, tricking the brain's perception.

Aside from me, there shouldn't be anyone else online who can tell you this underlying logic.

Now you know how to hold on.

2. Recently, I made money shorting small coins, and this is based on information advantages. I have always said that buying Bitcoin is the only information advantage for ordinary people to make money: fiat currency inflation means it must rise.

So when you buy other small coins, besides having an information advantage in a bull market, what else do you have? On what basis do you judge that it can rise significantly? Moreover, there are some coins that don't rise even at the peak of a bull market.

Many people make money in altcoins because they have information advantages that we don't, such as the big KOLs on Twitter. They actually have groups with many experienced people brainstorming together, which is their biggest information advantage. Don't think that any one of them is that impressive alone; the information we have access to might be very superficial, and that makes us hesitant to invest. Without an information advantage, it’s just random buying.

I recently optimized my strategy again, and I can share it with everyone.

Because the market has been rising quite a bit lately, shorting alone carries some risk, in order to prevent a sudden surge in a bull market.

This is what I do: I go long on Bitcoin while simultaneously shorting small coins.

Assuming Bitcoin rises and small coins surge, then you lose less.

Assuming Bitcoin crashes, small coins will plummet, yet still be profitable.

Assuming Bitcoin is in a sideways oscillation, the probability of small coins slowly declining is high, thus making money.

Assuming Bitcoin rises and small coins fall, you're still making money.

I use different strategies at each stage, and I guarantee that when I lose, I lose less, and when I earn, I earn more.

In the above situations, I make money 75% of the time. Over the long term, my USDT keeps rising.