Recently, I have been communicating with the team and Roy. He is better than me at contracts; Roy was previously the vice president of a large company in Beijing before working full-time in the cryptocurrency space. His strategy is to earn a living through contracts, play with small funds, and previously held large funds in ETH. He sold out when Ethereum was between 3500-4000, cleared out his altcoins after making over 2 million, and then discussed accumulating coins with me. I suggested he accumulate Bitcoin entirely, leaving only a small position for altcoins, which he also did, entering Bitcoin at 800-740.

I am not skilled at contracts; many people are better than me. I know that the difficulty of contracts is more than ten times that of spot trading. I engage in contracts to overcome my previous fear of him. Having lost so much, it's impossible not to have psychological shadows. The person I am now is not the same as the one who lost money a few years ago. Time remains, I am still that young man (I still really like the song 'Young').

I have given up the 20x strategy from a few days ago, abandoned altcoins, and will only focus on Bitcoin. In the process, I lost 1/4 of my funds, but I will continue. The funds are not large, and it will not affect the overall layout; this is the correct way to lose money.

I will share in my article the entry points and reasons, not to have you trade with me, but to ensure that each time I take action, there is sufficient reasoning. I will write out the reasoning; if I'm wrong, I'll admit it, and if I'm right, I'll reap the rewards. Trading is a battlefield; it's either you die or I die, there is no third option. Sun Tzu's Art of War says the highest level is to defeat the enemy without fighting. In trading, if one must say there is such a thing, it's contract rebates, which will never incur losses. I won't engage in that; I trade only for myself.

If you insist on trading with me, let me say this upfront: whether you make money or lose money is your own responsibility. If you lose money and blame me, sorry, I will respond to you politely. Does making money have anything to do with me? I do not take trades; I only share. The decision to trade or not is in your hands, and the decision to read my articles is also in your hands.

Lastly, I want to say one thing: cherish life and stay away from contracts.

If you do not understand candlestick techniques, do not know position management, do not understand strategy planning, do not know the methods of market makers, cannot analyze international trends, do not understand psychological management, and cannot do elementary school math (contracts require calculations), if you don't understand investment research for altcoins, absolutely do not touch contracts; you will die a miserable death, and the worst case will be a broken family (if you have a gambling mindset).