1️⃣ First, position management. Always thinking about going all-in on everything, full leverage, regardless of market ups and downs. The more you do this, the more irresponsible you are with your own money, showing no respect for the money or the market. If you can't be responsible for yourself, how can the market be responsible for you?



Therefore, position management is extremely important. It determines whether you have the funds and capacity to participate when opportunities arise. Your capital is your leverage to turn things around.

2️⃣ Next is mindset. A master once said that mindset is the best Feng Shui. Many people, whether in spot trading or futures, panic once they get trapped. They completely forget the strategies they initially developed. Their mindset collapses, and they act impulsively—either cutting losses or buying high and selling low. Even the "greatest trader in the world," MacArthur, believed that traders are "manipulating the market." No matter the trend or market condition, the scenes of selling at the lowest point and buying at the highest point are played out every day.

Cultivating a calm mind is crucial. A good mindset allows you to make correct judgments amid the fog, developing the ability to see the essence beyond appearances.

3️⃣ Thirdly, sharp-eyed insight. Some people just follow instructions blindly, while others hear mysterious voices. Especially in the crypto world, which is highly counterintuitive, your cognition, knowledge, and instinct to see through things are especially important‼️

A famous quote from the movie "The Godfather": 🎬 "The person who takes a minute to see through the essence of things and the person who spends half a lifetime not understanding the essence are destined for two completely different fates." $BTC
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