Downward movement ≠ a signal to buy the dip; after an increase, you should not follow the trend.

The biggest advantage of any asset investment is that it is sufficiently cheap. Although falling prices mean lower costs, a decline itself does not necessarily warrant deployment, because most drops are backed by fundamental issues. Only those high-quality assets that are unjustifiably hammered down truly have value for bottom-positioning.

The fundamental logic of investing is simple: buy low, sell high. Since you didn't act when it was cheap, don't chase after it when it rises. Because you haven't understood why it can rise from a low point, it's unlikely you'll accurately judge how high it can go at the top. Ironically, many people question the possibility of a coin that has been at the bottom for a long time rising from 5 yuan to 10 yuan, but once it actually reaches 10 yuan, they are convinced it can continue to surge to 20 yuan. They even shamelessly say, "In the face of trends, don't talk about the top; follow the trend, and that's the way to go."

In my view, the two core skills in trading coins are: knowing at what price level to intervene, and knowing when to decisively let go. Otherwise, sooner or later, you'll pay the price for greed in the moment. "Without foresight, there will be immediate worries."