This article answers the questions from the previous post and provides a brief categorization. Follow-up market views - The market started falling at the end of September last year, and now at this point, a year has already passed. From the chart and time perspective, the market is still relatively low, so it is unlikely that large short positions will be placed on mainstream coins in the future. Waiting for opportunities to gradually increase is better if not found. - Looking back at the market over the past few years, there are always three or four smooth trend waves each year. If you can fully absorb one or two rallies a year and control drawdowns, that would be great. This is my goal: patiently waiting for the next opportunity - controlling drawdowns. Three points I can think of and strive for: 1. Reduce leverage, or even no leverage at all. 2. Use isolated margins, including self-loss. 3. Reduce trading frequency - how small funds are made, how to control positions, how to manage funds. When funds are small, you have to wait for trend markets; fluctuating markets don't make big money. Leverage is definitely necessary. When I started doing it, I used 5-10x cross-margin leverage. Since you have leverage, you also need to keep stopping losses and keep trying and making mistakes. The downside of this approach is obvious: if you keep trying to stop losses and the trend doesn't come in, then you have no choice but to quit. You have to do your best and leave the rest to fate. The best way to manage funds is to segregate funds, open isolated margin orders, don't put all your money into trading accounts, operate multiple accounts/exchanges, withdraw on time - fees and open trades yourself