Recently, many friends have asked me about the Bitcoin price. As someone who missed the Bitcoin opportunity at the beginning of 2014 and only entered the market in 2017, my investment principles are very simple and somewhat clumsy: One action, two stops, and three things to avoid.

— One action means: only engage in spot trading, this applies to any cryptocurrency;

— Two stops mean: moderate and decisive profit-taking and loss-cutting, regardless of whether it’s a bull or bear market, position control is 4+3+3 for short, medium, and long term.

— Three things to avoid mean: avoid contracts, avoid leverage, and avoid projects outside my understanding.

Over these 8 years, I have experienced too much in terms of bull and bear markets, witnessed too many ups and downs. Although the multiples are not that high, I have steadily made profits with a high win rate, which is quite comfortable. Let’s encourage each other, and I wish everyone good health and prosperity in 2025.