I have a friend series, but this friend has done better than most retail investors. At least he knew from the start that he wanted to hold Bitcoin, recognized the potential of Solana, and understood how to read research reports. But in the end, why did he end up losing money? Let me analyze the logical errors involved.

Why is it said that many losses occur in a bull market? Aside from opening high-leverage contracts and encountering a market crash like on December 5, another reason is dying from chasing hot trends. There's a saying in trading: 'Guard your own batting zone.' This means not doing things you are not good at. For example, some people are good at short-term trading, so they look at candlesticks and use real-time news to trade. Some people excel at trading meme coins, so they analyze various on-chain data. Some people are good at capturing airdrops, so they write scripts to use bots for mass grabbing. However, most people are not proficient at anything, so they should find a reliable influencer to follow or safely hold Bitcoin and platform tokens instead of rushing into any hot trend they see.