People often ask me: "If you earn 100 coins, would you convert them all into stablecoins for annualized returns?" My answer is always the same—no.

This isn't because the interest isn't attractive; the key is that big capital strategies have never been about "lying flat" for easy gains. Truly savvy investors rely on structured layouts, bottom-fishing and topping out during volatility. Many people's returns stagnate because their capital allocation is scattered—nominally waiting for opportunities, but in reality, their position structure can't capture those opportunities at all.

**Why is full-coin stablecoin holding a trap?**

A friend once complained that putting 1 million idle funds into financial products with an 8% annual return only earns 80,000 yuan, which is less than what a market rally could earn. I looked at his account, and the problem was obvious—funds were spread out evenly without layers, naturally being pressed down hard.

The underlying nature of the crypto world is high volatility, but the dividends from this volatility only go to those who are already prepared. If all your funds are tucked into stablecoins and seem safe, you're actually passively taking hits:

When the market rises, your principal is locked in low-interest pools; chasing highs risks getting trapped, but not chasing makes you itchy.

When the market falls, you have no reserve ammunition to buy the dip.

There's also a hidden cost—interest income can't keep up with inflation. In the high-yield crypto market, fully holding stablecoins to earn interest is like cutting off your own potential for excess returns.

**Let your funds be active: the three-layer position allocation method**

My approach is dynamic balancing. I divide funds into three layers, inspired by the traditional financial "core-satellite" strategy, but adjusted for the temperament of the crypto market.

The stable layer accounts for 20%—this part is the ballast of the mindset, providing low-volatility stable returns...