The true manifestation of confidence in a Meme coin is: when its price drops, you feel excited because it's your opportunity to increase your position, rather than a moment for panic selling.

If you plan to hold a Meme coin long-term, it's definitely because the community and concept behind it attract you.

A good Meme coin, if it truly has potential, will give you multiple opportunities to get in before it takes off. Those speculators who exit just because of a price drop often miss out on the complete investment gains from the trough to the peak, only managing to profit from chasing the rise.

Therefore, it's important to clearly distinguish whether you are speculating or genuinely optimistic about a Meme coin. If you are buying in at a high during a major upward trend, you should consider exiting during the crazy surge. Because when the price drops, you are very likely to panic and cut your losses.