Distributed holding may seem to have limited benefits, but in fact it is the secret to long-term survival. Some people in the crypto circle are particularly extreme, often saying "go all-in if you’re optimistic, clear out if you’re not." To such arguments, I only want to say: Respect the market more; surviving is more important than getting rich quickly.

Focusing on a single asset may sound "firm in conviction," but it actually puts all your chips on one variable. Black swan events, project team跑路 risks, policy changes, technical risks—these unpredictable factors can appear at any time. In comparison, a diversified asset allocation is another approach: by combining low-correlation assets, you can reduce volatility without significantly sacrificing long-term returns. This is the true foundation of "steady progress."

Those who promote "go all-in if optimistic" are basically two types: one is lucky enough to catch a trending market; the other confuses "research depth" with "position size." Truly reliable investment logic is never about going all-in at once, but about conducting thorough research and using scientific position management to maximize returns within a risk-controlled framework. This shows respect for the market and responsibility for your own capital.