Truly believing in a meme

Means getting excited when it drops

Means adding to your position instead of selling at a loss

If you buy a meme with the intention of holding long-term

You must have recognized its core

Community, concept

A good meme, if it’s a golden dog, will definitely give you many opportunities to get on board before it takes off; speculators might leave if the price drops, so they miss out on the investment from the trough to the peak. They can only make money chasing the rise.

So distinguish between speculation and genuine belief; if you buy a meme, it’s speculation waiting for its main upward wave to come; if you chase in, you must get out during a crazy pump. Because when it drops, you will definitely sell at a loss.