In the last month, I did some calculations, and the GIGGLE position has made me lose almost 800,000 on paper.

Those who play with memes are all clear about this line: when heavily invested, one must be prepared—this level of retracement is not an accident, it is the norm. There is an old saying in the circle that puts it bluntly: the real big results will only be left to those who can endure.

I've experienced all kinds of situations before: the price soaring to the ceiling, sudden crashes leading to liquidation, and that kind of despair of going to zero overnight. But to be honest, this time my mindset is surprisingly calm. If it drops, it drops; if there’s a pullback, there’s a pullback— as long as the underlying logic is still there, I won't make any rash moves.

The overall direction hasn't changed,
The narrative is still being told,
Core chips continue to hold.

Having been in this market for quite a while, there's one thing I increasingly understand: patience is the most expensive ticket to entry.