The highest art of trading is only one thing — bowing out.

Knowing when to exit is crucial.
In short- to medium-term trading, if you are always fully invested, whether you make a profit first and then lose, or profit first and then lose again, you are likely to overall lose money. Conversely, taking profits promptly after making money can lock in gains.
In the long term, people have learned to position themselves early during several bull markets and to sell during the peak. However, this round of harvesting is mainly done by these experienced old chives. If you reduced your holdings in 2025, you would still generally make a profit. But if you increased your holdings in 2025, you might wipe out the profits from previous rounds or even lose more.
The most correct thing Brother Feng has done in 2025 is, and only is, continuously withdrawing funds. Otherwise, the money earned from writing articles would all be lost in the secondary market… Withdrawing locks in profits and also sells at a high exchange rate.
The only regret now is that I withdrew too little, and in the end, I still lost a big chunk in the secondary market, sigh.