What is the most regrettable thing in the cryptocurrency circle?
The opportunity came, but the money was gone, so always keep some cash.
Cash can also appreciate, and it has the opportunity to allow you to buy assets that were "sold off due to excessive leverage", just like on August 5. Cash can also help you stay calm during fluctuations because you know that your living expenses are guaranteed.
Another point is to try not to have debt and leverage. Debt-free means never being forced to sell assets. If we go on the path of deflation (such as now), most people in debt will be forced to sell assets (including houses) to repay debts, although this is a situation you never want to encounter.
Also like the big fluctuations in 2020, as veterans know that it is an opportunity, but most people with leverage are forced to blow up their positions or are forced to leave the market to protect their lives.
People think that the world will end in March 2020, but it is actually just a new beginning. 312 has changed the trajectory of our lives forever.
So keep some cash to protect your life, maintain solvency, stay rational, and remember what you have.
As always, enjoy the summer