A new follower couldn't resist asking me if they could cut their losses?
I told him to calm down first, that they could switch to mainstream options, like Bitcoin or Ethereum, but the one thing they shouldn't do is cut their losses. "If you can't stand the decline, just switch to mainstream."
This is my advice to everyone, and it's a relatively wise and reasonable approach. If you cut your losses, then if the market bounces back a bit, wouldn't your mindset collapse?
Reversals certainly can't happen overnight; before Trump took office, there was still some grinding to do! In the current market, even though everyone's positions are retracing, isn't this also an opportunity for you?
Some projects were still viable before, but due to market FOMO, their prices surged too quickly in a short time. Now, during this time period, it gives you ample time to assess projects, check the chip structure, and allows you plenty of time to slowly buy the proportion you want (like 1%).
I don't know if the market will continue to decline, but some targets have already reached the price range where I want to start building my position, so I will begin to buy in batches. Acting as a "corpse collector".
