Be a long-term thinker!
Long-term thinking is the only passport for Meme to cross cycles.
The MEME market is never short of fleeting hype, nor is it short of the clamor of chasing highs and selling lows. Too many people are addicted to short-term speculation, making quick money through external narratives and information asymmetry, harvesting trust with the time difference of 'first trust and then trust'.
Short-term speculation is like a rootless bubble, it bursts with the wind:
The hot topic chased today may go to zero tomorrow;
The quick money made now will eventually be regurgitated due to volatility and harvesting.
Too many retail investors are repeatedly cut in 'chasing highs and selling lows', essentially falling into the pit of short-termism.