End of the month approaching, market fluctuations intensify. Watching the trend of altcoins, I realize that unknowingly we have already entered the mid-stage of the bear market. Over the past two months, funds have flowed back from a certain leading exchange to a major platform, and I’ve been caught up in the chaos as well.

Losses are indeed uncomfortable. The biggest drawdown this month was losing $800 on a certain altcoin project. But honestly, losses themselves are not scary; what’s frightening is the extent of the loss. Sometimes, failing to cut losses in time results in ending up with zero.

After two months, the biggest realization is: no one can capture the full rise of a coin from start to finish. Since I’ve already taken profits and exited, there’s no need to keep staring at the chart with regret, thinking I would have earned more if I held on. Such a mindset only leads to repeatedly entering the market and eventually getting caught.

Looking at it now, spot trading opportunities are not ideal, and for altcoins to turn around, we have to wait for the bull market to arrive. Contract trading? It’s only good for occasional short-term bets to earn small profits. But as the number of trades increases, the risk of liquidation rises exponentially.

So my current strategy is simple—use stablecoins for spending. Yesterday, I spent 8.34U on all-you-can-eat barbecue, and I consider it as losing 8.34U less. Instead of stressing over withdrawals, it’s better to minimize losses before a potential liquidation occurs. Some altcoins have accompanied me through many market cycles, and they can be considered my lucky charms.