Some friends have asked me whether they should sell altcoins at a loss. My advice is to stay calm and not rush to sell because of short-term market fluctuations.

If you have been holding these assets for a long time and are optimistic about a strong rebound in the market in the future, it may not be wise to give up now. The current decline is likely part of a market adjustment that will help lay the foundation for the next bull market.

The expected interest rate cut in September may be an important turning point for the market, and the expectation of a rate cut may inject new vitality into the market. High leverage positions in the market may be cleared during the decline, and once these risks are released, the market may rebound.

In the face of market fluctuations, it is crucial to avoid emotional decisions, and rational analysis of market trends is the best policy. Although it is not recommended to sell at a low point, everyone should formulate a strategy based on their own financial situation and risk tolerance.