Leisurely trading, doing contracts when there's something to do. Actually, the core logic of trading isn't complicated; it's about understanding people.

Recently, I dug up a bunch of old screenshots and realized that every time I place a bet, there's a catalyzing event behind it. From stocks to futures to the crypto world, over these ten-plus years, I've noticed a pattern: whenever there's an event, there will be emotion; where there's emotion, there will be opportunity. Traders are people, and so are the traders in crypto—people can't escape greed, anger, and ignorance. Desire, fear, and anger—these three things can directly distort a person's judgment.

The correct approach is actually very simple: calm yourself down and wait for high-confidence, high-probability opportunities to act.

Take a project from the second half of this year as an example. I participated out of boredom, intending to just dip my toes and leave. But due to the project team making mechanism adjustments and my own greed, I couldn't bring myself to fully exit. However, because I was deeply involved, I discovered other opportunities. For example, during two obvious bank runs, the contract market price dropped from 8 to below 2—classic chain reactions triggered by panic. Such scenarios will repeat, it's just a matter of whether you can recognize them.

The biggest mistake in trading is chasing hype. Hot projects mean many people, and many people mean more competition for the cake. But if you think in the opposite way, you can often find real opportunities. There are many ways to make money; to achieve big gains, patience is essential. No need to gamble or trade frequently—just seize those few big opportunities at critical moments, and the outcome is already determined.