#现货交易市场 Seeing this story, many thoughts flash through my mind.

An entrepreneur goes from nothing to a valuation of $50 million. It sounds very inspiring, but what I want to discuss with you is actually the risk management lesson behind this story.

Did you notice? The first mistake this entrepreneur made was deploying the product on the public testnet, only to be preempted by others. This situation is also common in spot trading markets: many people discover an "opportunity," rush in enthusiastically, but fail to consider the harshness of competition, ultimately being crushed by more resourceful opponents.

What’s even more worth reflecting on is that he was able to quickly adjust his direction after failure and found the overlooked market niche with Monero. This is not luck, but because he kept enough mental space and resources to allow himself the chance to make mistakes, correct them, and start over.

In spot trading, we often see people going all-in on a certain asset after a single misjudgment, only to be trapped for years. Instead of envying others’ reversals, it’s better to learn from their position management wisdom—always leave room for adjustment.

The market is full of opportunities, but also full of traps. Most importantly, it’s not about catching every opportunity, but about managing your risks well and seizing opportunities in an orderly manner.