Many friends have bought a coin, and when it rises, they are particularly confident, saying, 'This is my belief, I want to invest long-term, and I want to earn 10 times.' Once the coin price retraces, they start looking for others to boost their confidence and continue to deepen their belief.

Personally, I suggest that people like this should not invest long-term; short-term trading is more straightforward. If you need to cut losses, then cut losses; after all, long-term investment is really hard to endure and creates significant psychological stress.

Moreover, I have never heard of any 10x coin that rises smoothly all the way up; they all throw you off halfway and then rally again. Many people get thrown off during this process and realize that their original belief has turned into a loss.

If you don't have enough patience and skill, you really are not suitable for long-term investment.