*This article reflects the personal views of Nothing Research Partner Bonna Zhu, aimed at sharing and communication, and does not constitute any investment advice.

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If you happen to have made a lot of money in a market/industry
You should consider starting to improve the baseline for yourself and your family
Rather than blindly continuing to pursue the maximum
Slow is fast, stability is victory

Here are two financial management habits to share:

1) For regular income

Based on the income situation each month, first forcibly extract a fixed amount to deposit into a low-risk, stable monetary long-term retirement savings plan, and use the rest as living expenses. For friends in the crypto industry, income can come from various investments such as DeFi and CeFi, as well as from salary income, bonuses, etc.

Of course, you can make your savings plan more diverse, such as using part of the funds for dollar-cost averaging into BTC or traditional stock indices. Many people struggle to save money mainly because they spend first and save later, but the correct order is: set the savings amount first, and then use the rest for living expenses. Although it’s just a matter of order, the results can be vastly different; those who have tried saving money will surely relate.

2) For non-regular income

For our industry, this mainly refers to investment or trading income. After experiencing PVP, many people have begun to understand the importance of doubling their principal or taking profits at the right time, but this part of the money often remains in the market, and thus may still fuel the next 'wrong decision.'

My advice is: after making a profit, withdraw all the profits and invest them into the low-risk asset pool in '1)', leaving the principal to continue operating. This way, you can lock in profits, account for your efforts, and keep the 'investment' in the market fixed, maintaining your sunk cost. Of course, some people choose to withdraw the principal and leave the profits, which varies from person to person; I personally prefer to keep the investment amount unchanged, making the accounting clearer.

3) My own situation

I have adhered to '1)' for more than four years since 2021, which has indeed helped stabilize my mindset; saving money every month also brings a sense of achievement step by step. During this period, although I was confused as an insider and relied on the mental models of the previous cycle, many profits from investment and trading were offset by ETH and some altcoins. Fortunately, persistently executing this savings strategy has largely compensated for the shortcomings in taking profits from investments, so I will continue to stick with it.

'2)' is something I believe I haven't done well; looking back, I didn’t exit many of my positions effectively throughout my career. However, at the end of 2021 and the beginning of 2025, I happened to reflect on the year and pulled myself back from the heightened sense of 'pushing further' and the vengeful feeling of 'not settling for this', avoiding another roller coaster like 2018. Looking back, I deeply appreciate the importance of the principle of retreating bravely from a strong current and the necessity of continuously refining myself. I'm also grateful that I can continue to exist in this market and hope to do better in the future.