When the amount of funds is not large, diversification actually doesn't make much sense. The real logic of making money is simple: buy and hold core assets like Bitcoin at the bottom in one go and stick to it. This strategy is effective because, within the crypto cycle, the upside potential of these mainstream assets remains relatively stable—ranging from 5 to 10 times in a single cycle, and in early stages, even reaching dozens of times.

Look at how those who truly make big money operate. Duan Yongping's heavy holdings at NetEase directly yielded a hundredfold return, and Buffett's investment portfolio is also concentrated in a few targets, with holdings often exceeding 70%. This is not a coincidence but a validated strategy.

The key is to select the right targets and then dare to make heavy bets at low points. Instead of spreading hundreds of thousands or millions of funds across a dozen projects, it’s better to concentrate firepower on the most promising mainstream coins. Over a complete cycle, the returns from this strategy often far surpass conservative allocations.