Record of dumb moves and review: 1. Opened a $100K position in ETH, with a peak unrealized profit of over $3,000 USDT, closed at -80 USDT, and then it bounced back after closing; Betting on BTC catching up, leading the altcoin rally. 2. Opened a $100K position in silver, with a peak unrealized profit close to $5,000 USDT. Just saw gold hit a new low, manually closed the position, made a profit of $1,000 USDT; Betting that the pullback is over and it's time for a same-level rally. Both of these trades were initially designed with a strategy of adding to positions on unrealized profits, but 1️⃣ didn’t give enough room to run, and 2️⃣ the pullback was stronger than expected; So either the current market isn’t suitable for adding positions on unrealized profits, or I need to refine my entry price and psychological tolerance. 1. From a trading perspective, the experience of trading gold, silver, and oil isn’t as good as in the crypto space. I don’t dare or want to play with oil, and gold and silver lack excitement; 2. If the bull market can continue, I still think the crypto space offers relatively bigger opportunities, but it’s not easy; mainly because of the challenges with high-risk bets on moonshots (small-cap coins with big volatility and large stop-losses) and the intense swings of safer bets (large-cap coins with smaller volatility and tighter stop-losses). Adjusting the strategy: 1. Focus on short-term swing trading logic, mainly looking for opportunities in the crypto space; 2. For mid-term, on one hand, build positions in low-volatility stocks like NVDA for long-term holding, and on the other hand, free up cash to wait for crypto-related opportunities (refer to pinned post for strategy).