I briefly reviewed some of the unnecessary losses after BOME, which was really a bit shocking. I won’t mention the amount, but it is probably beyond imagination. In fact, if you ask me why I did this, I reviewed it carefully:

1. After making money, it is easy to spend it at any time, just like when Bome became popular, when I was working on the GMAI project, money was transferred out from several wallets at any time, hundreds of sols at a time, without any plan and without any reverence - for example, if I knew that there would be so few opportunities to make money in the next few months, would I dare to do so?

2. An important correction to the "target + heavy position" is not to make decisions when you are emotionally unstable! What is emotional instability? The best state is calm + relaxed + slight joy and confidence, while others such as excitement, fanaticism, frustration, and unwillingness to accept are all bad. At that time, the rune was that I had a lot of funds on my hands. I was obviously not optimistic, but I saw runes everywhere and everyone was rushing, so I picked the best one and ignored the 20% risk of not releasing it. I fantasized about the dealer's pattern (it is easy to fantasize when I am emotionally unstable). This is actually the source of our big losses. For example, if you buy a coin and make money, you must be excited. When you are excited, you will think, for example, xx 10 billion, there is a chance, 5 billion is very likely, 3 billion is a piece of cake, at this time, are you willing to sell 1 billion? Even if you have made a lot of money, you may still have to gamble. So if it is a selling operation, I currently go against my own human nature. When I feel excited and full of expectations, I start selling continuously. At that time, Bome did a good job in this regard - emotionally and emotionally I really felt that 5 billion or 10 billion was not a dream, but I still reluctantly let go.

3. Regarding the recent analysis of Binance listing, some people may think that you are not on the train, or that you are still teaching Binance how to do things. These are actually big misunderstandings. I don’t care about these at all. I just see the trend that the currency circle has become a large-scale pump fun, and pvp has become more scene-oriented. It is very lively in the short term, but when the enthusiasm cools down and the wealth transfer is completed, it will only be a mess. Therefore, from this position, we must be more cautious in the future. This time, I hope that my small account will have fewer retracements and fewer stupid operations.