From self-awareness to strategy refinement, achieving a long-term stable path

The famous investment philosopher Van Tharp once said: "What you trade is not merely the market, but your understanding and beliefs about the market." This

refers to your investment operating system - a unique set of market interpretations and action guidelines you possess. But building such a

practical system is easier said than done.

Before constructing a recent strategy system, you need to clarify your investment philosophy and gain a deep understanding of yourself. This includes your interests,

goals, knowledge accumulation, skill mastery, and the boundaries of your abilities. Only by truly understanding yourself can you find the path that suits you. Additionally,

you need to be clear about when to enter and exit the market, which targets to choose, and how to allocate positions. Furthermore, you need to be prepared to deal with mistakes. When the market trend does not conform to your expectations, how should you respond? This does not mean you should choose extreme measures, but rather learn to draw lessons from failures and continually refine your system.

You may find this path challenging. However, playing with cryptocurrencies is not an easy task that can be accomplished overnight; it requires continuous learning, practice, reflection,

and adjustment. Establishing and validating a complete investment operating system often requires enduring the trials of two bull and bear cycles. In the stock market, this may

take 6 to 10 years; while in the cryptocurrency space, although the recognized bull and bear cycles are shorter, about 4 years, it still means you need at

least 8 years to continuously refine and validate your system.

This may sound daunting, but you should know that this is a marathon, not a sprint. However, I must also admit that not everyone realizes the importance of establishing an investment operating system. Some retail investors may spend their entire lives blindly following trends, chasing highs and selling lows, without ever truly building their own strategy system.