Last weekend I had dinner with an old fren. As soon as he heard that I was still in this circle, he immediately exploded: "Do you know? I went all in on a mainstream token last year, and my 2 million principal has now shrunk to 200,000!" After saying that, he downed a drink.

I refilled his cup and half-jokingly said, "If I had asked you to only take 300,000 to test the waters back then, you would probably have called me stingy."

He smiled wryly and said, "That's right... At that time, my mind was filled with thoughts of getting rich quickly, so I couldn't hear any advice."

In this market, if you don't pay enough tuition, you'll never get your diploma.

He suddenly lowered his voice: "Do you think there might be a whale specifically watching me? Why does it drop as soon as I buy, and just when I cut my losses, it rebounds?"

I shook the ice cubes in my cup and said, "Trillions of funds flow globally every day, and our position can't even make a splash. Feel like you're being targeted? That's just scaring yourself."

"So how can I turn things around now?" His eyes were filled with urgency.

"The way to make money is actually frighteningly simple." I said slowly, "The difficulty lies in whether you can control your own hands. Some people lose money with quantitative strategies to the point of questioning their lives, while others earn a fortune by mindlessly dollar-cost averaging — the difference is whether you can 'lie flat and do nothing.'"

What should I buy now?

I retorted, "Can you handle not watching the market? Can you still sleep soundly when your account is down 30%?"

He was momentarily at a loss for words.

Too many people are obsessed with finding the next hundredfold coin, thinking that they must thoroughly read the white paper and master candlestick charts to be considered beginners. In fact, trading is more like surfing — the real test is not in the technique, but in whether you can remain calm in the face of giant waves.

After experiencing several rounds of bull and bear markets, I finally understand: the wealth secret of this circle is hidden in the simplest trading principles - don't be greedy, don't panic, and don't make random moves.