Every time small funds grow into large funds, it relies on secondary imitation leaders + primary on-chain golden dogs;

Every time large funds lose back to small funds, it's because they are unwilling to accept the pullback and are eager to leverage.

After several cycles, I finally learned this lesson.

I believe that no one can learn this just by listening to others; you have to experience it yourself to truly understand.

I hope that when someone goes through this experience to verify it, they won't pay too painful a price.