What is cutting meat? If you buy for 10 yuan and sell for 9 yuan, is this called cutting meat? Or stop the loss in time?

In the spot market, a common investment misunderstanding is the leek mentality of "if you buy something, you will never sell it, and if you sell it, you will never buy it." Indeed, this strategy looks smart when it comes to profits, but when it comes to losses, we have to reassess the value of the currency holdings.

The market has been really dismal lately, with many coins experiencing significant declines:

- WIF fell nearly 10%;

- PEPE fell by 7%;

- SOL fell 5.5%;

- BAKE fell by 25%.

In such a market environment, except for mainstream cryptocurrencies like Bitcoin BTC, Ethereum ETH and Binance Coin BNB, most other tokens have shown fragile holding and resilience.

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