Compared to hyperglycemia and hypertension, hyperlipidemia appears to receive less attention from both patients and physicians, yet long-term hyperlipidemia incurs much higher risk of myocardial infarction than hyperglycemia and hypertension. Among different lipid parameters, plasma low-density lipoprotein cholesterol (LDL-C) is in greater need to be tracked and treated. Treatment for LDL-C emphasizes “the lower, the better” and “the sooner, the better.” However, capable of producing a much lower LDL-C, statin treatment may cause physicians and patients to worry about its safety and side effects, such as new-onset diabetes or incident diabetes and cognitive dysfunction. The article showed how the process of applying statin therapy to treat hyperlipidemia in a diabetes case. Moreover, several landmark statins outcome trials of lipidlowering therapy (LLT) were also reviewed with a focus on examining their applications, safety, and side effects to provide a reference for medical professionals.