#加密衍生品交易发展 This structured note is really an interesting thing! It seems to be designed for Bitcoin’s four-year cycle, which fits the market pattern quite well. However, I think for regular users like us, the risk is still a bit high. After all, in extreme market conditions, even your principal could be wiped out.

My suggestion is: if you’re optimistic about Bitcoin in the long run, it’s better to just dollar-cost average into Bitcoin or IBIT. Although the returns might not be as high, the risk is much lower. Or you can use a small portion of your funds to try out these complex products as a way to learn and gain experience.

Most importantly, remember: don’t invest more than you can afford to lose. No matter what kind of investment it is, risk management should always come first. Everyone should accumulate experience slowly and proceed steadily—that’s the right way.