Taking stock of recent operations, honestly, there are some regrets. I originally planned to invest 50,000 yuan, but in the end, only 20,000 yuan actually went into the market. Looking back, the allocations for these projects were indeed quite conservative—tokens like RAVE, WET, CYS, US, each entry was a bit hesitant.

Reflecting on it, the main bottleneck was execution efficiency. In fast-iterating projects like Alpha, speed is life or death. Each market opportunity window is very short; being even a little slow means missing the optimal entry point. Nowadays, more and more Bots are stepping in during these phases, and automated participation has become standard. This precisely reflects a phenomenon: Alpha projects are gradually evolving into a complete cycle machine.

From a broader macro perspective, each cycle in the crypto market repeats the same pattern: reform (new mechanisms emerge) → dividends (early participants benefit) → involution (more participants, increased competition) → collapse (cycle ends) → reform (a new round begins). This is the cycle law. The current bear market has satisfied my understanding of cyclical repetition. When the next opportunity arrives, I will definitely act more decisively.

Next time, I will do even better.