I have never really believed in so-called luck. Looking at successful people, they usually fall into two categories: one is those who diligently learn technical skills and study fundamentals during bear markets, and when the wind turns, they are already prepared; the other is those who are most cautious during the frantic gains of a bull market, knowing when to hit the brakes.

Conversely, many smart people also experience losses, but why do they still lose? The main issues are twofold—being too impatient, wanting to go all-in as soon as the market rises; and lacking rhythm, panicking during a wave of pullback, chasing highs and selling lows.

Every market fluctuation is a form of shakeout, testing not your analytical ability but your mindset. Especially in the face of major variables like Federal Reserve policies and crypto ETFs, the more critical the moment, the calmer you should be. If the fundamentals haven't changed, stay firm; only exit when technical breakdowns occur. The biggest fear is being scared out by short-term volatility.