I talked to Kitty about this issue. The essence of trading is making money, and the ultimate way to evaluate someone's trading ability is by looking at their overall profitability. This is also why people admire Buffett and Li Ka-shing so much. They may not be aggressive or fit the traditional definition of traders; they’re more like investors. But in the end, they’ve made money through 'trading.' I’ve seen many friends who make millions of dollars in one go, and also lose millions. Does that make them good traders? I don’t know. Everyone has their own standards for judgment. For me, my money isn’t play money—I have obligations to fulfill. This means I tend to be more cautious when it comes to trading or investing. Maybe I’m destined to never make a huge profit from a single trade. Maybe I’m not a good 'trader.' But as long as I can keep growing my capital, balance my gains and losses, and extend my time at the table, the odds might tilt in my favor. Of course, everyone has their own understanding of trading. What I say might not be right, and it might not apply to everyone—it might only apply to me. In this cycle, my last major investment was buying a large amount of BNB at $374, and I’ve held onto it until now. These BNB have already become zero-cost for me, so I don’t really care anymore. As for other investments, like buying BTC, I’ve been buying bits and pieces whenever there’s an opportunity. The higher the price goes, the less inclined I am to invest large amounts. That’s why I still have about 20% of my funds in cash. I’ll probably wait for a downturn to invest this money. If there’s no downturn, I’ll just treat it as savings. This post is sponsored by Bitget ｜ @Bitget_zh