Looking back on this year, the most painful lesson was chasing high on small-cap MEME tokens. During that period, seeing the community's enthusiasm, I impulsively followed the trend and entered the market, only to get deeply trapped. Fortunately, I used position management tools to cut losses in time, avoiding a total wipeout.

Since then, I completely changed my approach. Now I only engage with projects backed by reputable platforms and with sufficient liquidity. Take Mubarak as an example: when it launched, I didn't rush in immediately. Instead, I first checked the 24-hour trading volume and the depth of the liquidity pool. Only after both indicators passed my review did I dare to try a small position. Honestly, this approach might cause me to miss out on explosive gains, but it helps avoid the hellish experience of "buying in but unable to sell."

My outlook for 2025 is very clear: market liquidity is contracting, and this is the main trend. In this environment, choosing projects supported by permanent platform liquidity becomes especially important. Why? Because it directly reduces slippage losses. Don't underestimate slippage—when a big market move occurs, a few points of slippage can determine whether you profit or lose.

Finally, I want to say: don’t treat trading like gambling. Stay calm, observe carefully, and compare various indicators. For small retail investors, this is more important than anything else.