I recently watched a short video of Charlie Munger on how to make big money, and the most impressive point was: he holds certain stocks for up to 50 years without selling, not out of emotion or loyalty, but because those companies are simply too excellent. Selling would be the foolish move. Patience itself can generate compound effects.

I think this logic is completely applicable to the crypto world. Good quality coins should be bought more and held firmly without leverage, and only released gradually during the next market frenzy. I’ve decided to adjust my investment strategy.

Spot trading: only buy and hold, and sell in batches when the market becomes crazy. Use contracts and financial products to balance risk and liquidity. Specifically, in terms of operations, I currently have a spot order at a price of 79,988 USDT for Bitcoin, aiming for a 10% retracement. Some might ask, isn’t that excessive? Don’t look at my capital—maybe just a little, possibly less than your monthly salary. But this actually shows that small funds need more meticulous management. Just like a small factory, rules and regulations are often more important than in large corporations.

By the way, if I can’t place an order, it’s no big loss—I always feel there’s a small needle coming. Anyway, that’s all for my spot strategy.