If you are considering investing or already hold, please be sure to pay attention.
· Absolutely do not use the "pyramid averaging down" strategy: pyramid averaging down is suitable for assets that you have thoroughly researched and are optimistic about in the long term. For projects like Xpl, buying more as prices drop can likely lead to you investing too much in an asset with no fundamental value, ultimately resulting in significant losses. This is a typical mistake of "counter-trend heavy investment."
· Strictly considered high-risk speculation: only use funds that you can afford to lose completely, which constitute a very small proportion of your total investment portfolio. Never invest critical funds.
· Set strict stop-loss discipline: If you decide to participate, you must set a clear stop-loss level before buying (for example, a loss of 20% or falling below a key support level) and execute it unconditionally. Do not delay due to the illusion of a "possible rebound."
· Be psychologically prepared to reset: Ask yourself, if this money is completely lost, will it affect your life and mindset?