In the cryptocurrency space, there is a common phenomenon known as the '80/20 rule', which means that 80% of the time may be uneventful, while the real profit opportunities only arise 20% of the time.

Since we cannot predict when those sharp fluctuations will come, you must ensure that you are always present. This means your position management cannot be waiting with an empty position for the rise and then going all in to chase the high; such situations are rare. The ideal state is to maintain a heavier position when the market is rising and a lighter position when it is declining.

However, most people do just the opposite; they adopt an inverted pyramid strategy for increasing their positions. That is to say, as the price of the currency rises, their positions also become heavier. When the price is at the bottom, their positions are lighter, and as the price continues to climb, their greed intensifies, leading them to increase their investment. Once the market reverses, they suffer significant losses.

This is no different from gambling; you place small bets while profiting, continuously earning small amounts, but once you place a large bet and the market declines, you could wipe out all previous profits. Investing in accordance with human nature may feel pleasurable, but it is often difficult to achieve real profits. There is a saying that is frequently mentioned: be greedy when others are fearful, and be fearful when others are greedy. At market peaks, when others are scrambling, you should let them have the chips and pick them back up when the market is low.

This contrarian investment approach may feel uncomfortable, but you must understand that only a few will profit. Most people follow human nature, while you can only succeed in the market by going against it.