Even in a bull market, learn to automatically ignore the noise. The market is full of noise and traps. It’s easy to lose money in a bull market. Only buy things you truly understand—this is super important. That way, whether you gain or lose, there’s a logical and real feedback, correction, and iteration process. On another level, opportunities in the crypto space aren’t scarce resources, especially for small funds. Targets you understand are generally better than flashy ones you don’t. Anything outside your circle of competence and knowledge is guaranteed long-term loss. There’s only one situation where you can buy into areas you half-understand: when you’re using a very small position to expand your circle of competence. Don’t envy the so-called “market darlings.” Most of them are products of aggressive and fragile strategies under specific market conditions. Finance is about longevity, building something sustainable, reinvesting for 50 years without suffering massive drawdowns. Looking at the past 10 years, countless “market darlings” couldn’t outperform $BTC itself over a decade-long timeframe. A lot of people don’t talk about this: Crypto is the place where social class falls the fastest.