Currently, only diamond hands remain in the market. Those betting with leverage have long been cleared out by the market. The four to five years of shakeouts and deleveraging have actually come to an end.

Only those who have made it this far are qualified to talk about risk control.
The real biggest risk in the current situation is not the market itself, but oneself. Which coins to choose, where to buy, how to allocate positions, and whether to push risk to the extreme—these are what the main players fear the most. During a bull market, everyone is thinking about getting rich overnight. But most retail investors have a selective blindness when it comes to risk avoidance! This is the most critical point. Only after you have experienced that crucial multi-fold market movement do you have the qualification to discuss what comes next; otherwise, it’s all noise.

What level should position management reach? True experts, in trading, their primary goal is not how much they earn, but to avoid being wiped out by a wave of emotion, a single needle, or one greed. What we want is not to rush recklessly, but to gradually transform ourselves into the hardest group to be wiped out in the market.