Beautiful

I have a fren
Her fren did something ruthless.
Because I saw CZ's post on x
Posted on Twitter that I bought 2 million USD of $aster
at 0.9 and a bunch of KOLs are crazily shouting for it at 1.2 USD.

He feels that he has understood and believes that
$aster is next $bnb
afraid of missing out,
Secretly took out all the savings of over 400,000 at home.
aster callback to position 1.0 for all-in entry.
Thinking: fz cost 0.9, I enter at 1.0.
It only got 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 pump after the wash.
Now ask me what to do.

The problem arises
Spending 2 million dollars is like an ordinary person spending 2 bucks.
To him, that's not money at all; it's just a number.
He is afraid to tell his family now.
Feeling sluggish at work every day
I still have a mortgage to pay at the end of the month.

If it were a bull market, it would be fine, but now it is a bear market.
Decisively cutting losses in front of him, preserving the remaining principal.
Lose 30% and accept it, return to the family.

Trading coins is not about who holds on the longest, but about understanding and risk management.
Stubbornly holding on will only drain the principal and the future of the entire family.

What you see as "CZ tweets" and "KOL calls" is in the past tense.
Relying on public information to trade essentially means exiting liquidity when the price rushes to $1.2 and KOLs collectively shout buy.
Profit-taking might have started to be executed in batches.

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

Investing with spare cash is the first principle. Funds that come with enormous psychological pressure are naturally at a disadvantage in trading mindset.
Once the mindset collapses, the operations will inevitably deform,
The final result is often zero.
It is strictly prohibited to "hold on" in trades with negative expected value.
Risk control and stop-loss are the lifelines of traders.