Today, I will simply share my experiences and insights on how to deal with a market downturn. What should you do?

1. Try to turn every downturn into an opportunity to collect more cheap chips. However, achieving this is not easy and requires two basic prerequisites: 1. Good cash flow, 2. Quality targets being tracked.

First, under the condition of good cash flow, many people often tell me, how can there be a continuous supply of bullets? Trading stocks is actually a very "unfair" game. In competitive games we play, we might be grouped by age, weight, or amateur vs. professional status. But in stock trading, none of this matters; those with continuous good cash flow outside the market, who are well-informed, using machine quantification, speculative funds and institutions, big whales and small whales, long-term holders and swing traders, all crowd together in one place to "grab money." In such an environment, you must find your advantage.

I have mentioned multiple times that the only fair advantage for retail investors is the absence of drawdown assessments, no periodic yield assessments, and the time is worth it. If you don't want to wait and can't find your own advantage, you are trying to say 'I am weak, so I must make money, and I want to make it quickly and abundantly,' which is obviously absurd.

As for the cash flow issue, it is something we can appropriately address with effort. If there are no continuous bullets, find ways to make your off-market income more stable, or either play small with more leeway or calmly give up the cheap opportunities presented by significant drops. Remember, whether you have good cash flow or not, there are always people in the market with good cash flow, and those with good cash flow are definitely at an advantage.

Once cash flow reaches a certain level, it is almost a guaranteed cheating mode; there's nothing you can do. Others have a good foundation, for example, Bitmine is this time's new player in E, starting from around 3900 and all the way up to 4956, and then from the high down to the low, around 2800 yesterday, acquiring 28,620 E. Overall holding 3,620,000 E at an average price of 3997, currently showing a floating loss of 4.25 billion dollars, yet the founder is not worried at all and is preparing to continue raising money for E. Having extra money is an advantage, isn't it frustrating? So if you don't have good cash flow, just wait; if you do, then supplement it.

Let’s talk about the importance of tracking quality targets as well. If the target isn't good, the closer it gets when it drops, the more losses you'll incur. Fortunately, it's quite simple now. If you lack the ability to analyze projects and are worried about altcoins going to zero, just choose two: the first is a big brother, currently at 88,000, with a high of 126,000, having adjusted more than 40%; the second choice is E, at 2918, with a high of 4966, having adjusted more than 70%. Consolidate what you have into the above; looking long-term, there’s a chance to return. It should be noted that although the above two are slow, they are stable, and definitely do not let the returns of other altcoins affect you, just persist.