In mid-December, I chose to stay out of the market. There are still over 2.28 million US dollars sitting in my account, and they are just sitting there.

Sometimes I don't know what to write. Watching the ups and downs of the crypto world, I want to comment a few words, but in the end, I feel it's pointless. Making money is hard, but you know what? Holding on to what you already have is not easy either.

My recent thought is very simple — slow down. Even slower. Many people always think about overtaking on curves, but I am increasingly convinced by the logic of long-termism. Viewing the market with a yearly cycle, rather than daily or hourly candles. Safety and certainty always come before profit; this is the first priority.

Buffett’s methodology still makes sense. Avoid risks, control drawdowns, and grow steadily. Once you can't resist making rash moves, the result can be greed at best, or zeroing out at worst. This is the truth of the market.

During these days of staying out of the market, I see things more clearly.