The key is to identify the right entry point early on. When the project's market cap is still in the 1-3M range, decisively build a position, and after it doubles, sell off the initial principal directly. This way, you lock in the risk while retaining the flexibility of gains. Subsequently, at important milestones like 10M and 20M, continue to take profits in batches, gradually reducing the holding cost. The remaining chips are kept to pursue those potential alpha opportunities. According to market patterns, certain leading exchanges often create unexpected surprises at critical points, allowing spot holders to benefit from them. The core of this strategy is to balance safety and maximum returns.