A decline is not a risk, but a process of reducing risk. Risks often arise during upward trends, while opportunities emerge during declines. Therefore, your actions during a decline will directly affect your mindset during an upward trend. If you are afraid to buy during a decline and instead choose to chase after rising prices, you may face the risk of being trapped; once trapped, you often choose to cut losses, creating a vicious cycle.

In contrast, the rational strategy is to buy in batches during declines and take profits in batches during rises. Whether it's investing or trading, it is essentially about selling high and buying low. While chasing after rising prices and cutting losses might bring some profits in the short term, this approach does not have long-term sustainability.

Remember, respect the market, manage your emotions, and you can stand firm in this volatile market.