Talking about bull and bear markets feels pretty pointless to me now. Would anyone believe me if I said I lost 10 million in this bull market on spot trading? But it’s true, it really happened to me. My old buddies all know! Looking back at last year’s inscription wave, after Bitcoin hit a new high and then pulled back, all the altcoins got slashed in half. I thought it was an opportunity, so I went all-in on Audi. After all, it was super hyped! But after holding it for half a month, it got slashed in half again. No choice, I had to bite the bullet and cut my losses. Then earlier this year, during the Litecoin ETF hype, I thought I had it figured out again. The daily price was around $130 and looked like it was about to break through the monthly line. I went all-in on spot and even opened low-leverage coin-margined contracts. And the result? Another heavy loss. As for the random small altcoins I bought here and there, don’t even get me started—same story, all ended up getting slashed in half. The most ironic part is, the coins I lost the most on were all ones I had mentioned myself. So for those trying to replicate the altcoin strategies from previous bull markets, you’re probably left with scraps now. As for the mainstream coins, I won’t even bother! My funds aren’t big enough to consider those, but ironically, they seem to have the best returns now—the ones I didn’t care about. So I’ve completely given up on spot trading now. I don’t even bother analyzing whether it’s a bull market or not. I’m just focusing on what I’m good at—contracts. If there’s a trend, I trade; if there’s no trend, I wait. I lower my expectations every month, and if I can make enough for living expenses, I’m satisfied. Sometimes you have to admit, in this market, hard work doesn’t always guarantee rewards. Letting go might actually help you find your rhythm.