This is my supplement to the four elements of memes mentioned earlier. The market is changing, why are your micro-operations important? Especially in the high volatility of the Crypto market: 👉 How to grasp the unchanging essence amidst change? Beidou believes: there are two things that are very precious and unchanging: 🧵 Human nature + Cycles Once you understand these two points, you will navigate this space more easily. "Using ancient methods to manage current affairs": grasp the timeless principles to control the specific matters of the present; Amazon founder Bezos once said: "I am often asked 'what will change in the next ten years', but the more important question is 'what will not change in the next ten years'". 📍 First, let's talk about human nature: Common psychological misconceptions in trading where FOMO dominates decision-making (see if you can relate): - Chasing highs and selling lows: Worrying about missing opportunities, blindly buying at highs, fearing excessive losses, and not having a plan for stop-loss. - Overconfidence: Believing you can "catch the next hundredfold coin", ignoring market uncertainties, and investing heavily or all-in. - Ignoring position diversification: Concentrating funds in a few popular memes, amplifying risk exposure. - Emotional scaling: Continuously increasing positions during an uptrend, ignoring fundamentals or liquidity issues. 📍 Coping strategies Set position limits: no single position should exceed 10% of total assets, build positions in batches to avoid going all-in at once. Use a profit-taking mechanism to lock in certain gains....