This experience made me thoroughly reflect on my trading approach. After a 20% drawdown, I decided never to touch altcoins again.

Even seemingly conservative setups can't shield you from risks — using 1x leverage with a 2% small position to long or short certain altcoins can still result in significant drawdowns or even liquidation. This is not alarmist; it has actually happened. But what's even more frustrating are the transaction fees. Some small coins have ridiculously high fees, and every trade feels like being cut with a knife, watching funds being devoured by fees. Eventually, I couldn't take it anymore and had to cut my losses and exit.

After all this turmoil, I realized: instead of getting entangled in the volatility and fee traps of altcoins, it's better to focus on Bitcoin with medium leverage. The risks are manageable, liquidity is sufficient, and fees are relatively transparent. Some lessons can only be learned by paying the tuition yourself.