Recent review summary: 1. Regarding investment: I have read a lot of stock investment books before and enjoy value investing like Buffett. However, I have encountered problems with medium - and long-term investment. Firstly, poor liquidity and unstable market conditions. Secondly, I see knockoff as a value investment rather than BTC So there have been serious losses in the past six months Regarding trading: I am not very familiar with trading and am currently working hard to improve my skills The current difficulty in secondary trading lies in selling points, which essentially means not understanding the movements of the main players in the market, when they will enter and when they will ship Fortunately, I have recently met several experts who specialize in analyzing the main players of the market, and gradually caught up with the pace and found my own track To make long-term profits in this market, one must either hold BTC for a long time or rely on stable trading to make money 4. Regarding the fundraising of altcoins: The altcoin holders may not be familiar with analyzing the overall market trend. While they are fundraising, they may not necessarily continue to decline and be carried down by the market. It is normal for the prices of many altcoins to fall several times below the main cost Because sometimes the shanzhai villages also accept orders or receive goods in batches Unless some coins have dropped 20 times or even 50-100 times, retail investors have basically cut their meat, so it is unlikely to fall A 10 fold drop from the high point is still too little, and some large investors still won't cut their losses and cut their losses 5. Some software websites that monitor the main players are actually not comprehensive and can only monitor the movements of the market makers on Binance Many of the coins raised on Binance are not actually on Binance, but on small exchanges My biggest progress recently has been learning to go short, because every time the market is close, my friends who are familiar with BTC's main players remind me that the market is close, and I will gradually reduce my position This article is sponsored by Bitget | @ Bitgetzh