I have a fren

Her fren did something cruel.
Because I saw cz's post on x
Posted on Twitter that I bought 2 million dollars of $aster
at 0.9, and a bunch of KOLs are frantically calling for it at 1.2 dollars.

He felt that he understood and believed that
$aster is the next $bnb
afraid of missing out,
Secretly took out all the more than 400,000 savings at home.
aster callback to position 1.0 for a big bet.
Thinking to myself: fz cost 0.9, I enter at 1.0,
It's only 10% more expensive, as steady as an old dog.

The current price is $0.69.
Account directly shrinks by 30%.
He is still holding on, saying: "cz hasn't run away, what am I afraid of?"
It will definitely wash out and rise.
Now ask me what to do.

The question arises
Spending 2 million dollars is like an ordinary person spending 2 dollars.
To him, that is not money at all, it's just a number.
He doesn't dare to tell his family now.
I feel lethargic every day at work.
At the end of the month, there is still a mortgage to be repaid.

It would be fine if it were a bull market, but now it is a bear market.
The decisive move to cut losses and preserve the remaining capital was laid out before him.
Accepting a 30% loss, returning to the family.

In trading cryptocurrencies, it's not about who holds on the longest, but about understanding and risk control.
Holding on stubbornly will only result in losing the principal and the future of the whole family.

What you see as "CZ tweeting" and "KOL calling the shots" is in the past tense.
Relying on public information to trade essentially means exiting liquidity when the price hits $1.2 and KOLs collectively shout buy.
The profit-taking may have started to be done in batches.

Don't fantasize that a whale will come to save you; the whale's money also comes from the wind.

The first principle of investing spare money is to avoid funds that come with immense psychological pressure, as they are inherently at a disadvantage in trading mindset.
Once the mindset collapses, the operations will inevitably become distorted,
The final result often tends to be zero.
It is strictly prohibited to "hold on" in trades with negative expected value.
Risk control and stop-loss are the lifelines of traders.