Many people have suffered investment losses in the past few months, mainly attributed to the following three reasons:

1. Continuously shorting BTC, resulting in liquidation or severe struggles with orders, leading to significant losses.

2. Investing all funds into so-called 'junk altcoins', frequently changing positions but repeatedly facing setbacks, with multiple stop losses causing substantial capital shrinkage.

3. Heavily chasing meme coins, especially those emerging meme coins, resulting in several rounds of drastic declines of up to 70% due to panic selling.

Warren Buffett once famously said: 'If you are not willing to hold a stock for ten years, then don't hold it for even a day.' This statement is equally applicable to the cryptocurrency market. If there is no firm logic for holding long-term, and one participates in the market merely for short-term speculation, the probability of being 'cut' is extremely high.

From the perspective of long-term investment, those so-called 'junk altcoins' are far from comparable to mainstream digital currencies like Bitcoin and Ethereum, let alone the leading coins in various sectors. Therefore, these altcoins have almost no investment and trading value, and it is wise to avoid them in the long run. Otherwise, once missing out on a bull market, one may miss greater investment opportunities.

In summary, investors should remain calm and rational when participating in the cryptocurrency market, adhere to the principles of long-term investment, and avoid blindly chasing short-term trends and speculative behaviors. Only in this way can one proceed steadily in the market and achieve the preservation and appreciation of assets.