In the past few days, the market has been falling. To be honest, I was a bit panicked at first when I saw my account shrink.
When prices were rising rapidly before, everyone was asking, "Is it still too late to get in?" Now looking back, what truly tests people is the gradual decline like these past few days.
My own experience during this round can be summarized in three points:
First, don’t treat short-term fluctuations as the end of the world.
Looking back at my historical operations, what really confused me was never the pullback of several dozen points, but rather the emotional highs and lows, chasing at high points and cutting losses at low points. Prices are always fluctuating; if your mindset jumps around with the 1-minute candlestick chart, you'll eventually get washed out.
Second, leave some room for maneuvering in your positions.
Before this wave of decline, I had already sold off part of my holdings in batches, freeing up some stablecoins, so now I don’t feel too uncomfortable. It’s not to say you must catch the bottom, but having some bullets allows you to slowly buy when you encounter positions you are particularly optimistic about, instead of just saying you are bullish while actually being fully invested and unable to move.
Third, clarify what cycle you are playing.
I hold BTC and ETH with a more long-term perspective, treating it as buying for the next few years; for coins like SOL and BNB, I pay more attention to rhythm and sector rotation. If they drop too much, I check the on-chain data and sentiment, and if there’s an opportunity, I’ll make a swing trade; if not, I’ll patiently stay in cash and wait.
Writing this is not to conclude for anyone, but just to keep a record for myself:
In the future, when encountering similar market conditions, I can revisit this piece and reflect. The panic now may just be the "normal fluctuations" of the future.
In the past few days, have you reduced your positions, increased your positions, or just laid flat?
Feel free to share your operations and thoughts in the comments, let's serve as each other's “review notebooks.”
