I don't know if I've helped anyone these past two

I don't know if I've helped anyone these past two days. While the broader market is still at high levels, crypto and stocks are already in shambles. I really can't imagine what will happen if the broader market comes down.

Honestly, even if you're stuck, it's better to be stuck with large-cap stocks. At least you can roughly sense where the bottom might be, so you can feel at ease and have confidence that they will recover. The deeper you're stuck with small-cap stocks, the less confident you'll be...

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Tonight is destined to be a sleepless night for the crypto world, with BTC plummeting 10 points to 75,000 and ETH dropping 17 points to 2,240. It's foreseeable that crypto stocks will also face a disastrous start on Monday...

I entered the market speculatively when CRCL fell to 150, only to get trapped all the way down to 110 before cutting my losses. I finally managed to break even and profit by shorting. After that, watching it rebound and then continue to fall, rebound again, and then fall further... only strengthened my belief in the four-year cycle and my resolve to stay away from crypto stocks, except for occasional short positions.

Many crypto bulls refuse to believe in the four-year BTC halving cycle that has already occurred four times in a row, always insisting that this time will be different and usher in a new crypto cycle. But the reality is that until the "different" actually happens, historical patterns remain the most important reference for risk prevention, and tonight's crypto crash further proves that it's always the same.

The reason patterns are called patterns is that if you don't respect them, they will discipline you until everything returns to normal. You can win arguments with others even if your direction is wrong, but you can't escape the brutal hits to your account. You can avoid reality, but you can't avoid the consequences of reality.

I'm not saying this to rub salt in the wound, but to remind you not to look for money in a cesspool. There are plenty of high-quality stocks in the U.S. market. If a stock consistently underperforms in your long-term investments, it means it's not a good fit for you, and you should decisively let it go. Don't turn investing into a soap opera, always thinking you have to rise from where you fell.

Many people treat buying stocks like raising children, with a "must-succeed" motherly bias, constantly increasing costs to nurture them, vowing not to give up until the child (profit) succeeds. They insist that every stock they buy must turn a profit, refusing to accept any losses. This is actually a psychological issue that needs to be addressed.

Sometimes knowing when to cut losses is more important than locking in profits. Learn to make peace with yourself.

$Circle(CRCL.US)$Coinbase(COIN.US)$BitMine Immersion Tech(BMNR.US)$Strategy(MSTR.US)