Recently, many beginners have been asking the same question—after buying coins, the price drops. Should I cut losses now or hold on? Seeing DOGE, PEPE, and BROCCOLI714 all in the green, I feel anxious. Honestly, I went through the same thing ten years ago, trembling while holding the mouse, struggling until dawn. Looking back now, it’s all a joke.

But to be fair, panic is natural, but you can't operate blindly. Cutting too early might cause you to miss the rebound, while holding on too long could lead to greater losses. The key is to understand the characteristics of the coins you hold and then find a rhythm that suits you.

First point—position management. If all the money you invested is gone, can you still eat normally and pay rent? If yes, then your mindset is already half won. If not, you need to find ways to adjust your positions now, reducing them to a scale that won’t affect your life. I’ve seen too many people pour all their living expenses into coins, and when prices drop, their mindset explodes, leading to reckless operations, and ending up worse. This is not investing; it’s playing with fire.

The second point is to look at the attributes of the coins themselves. DOGE, as an established popular coin, has a certain community base and recognition. PEPE, as a recently hyped coin, will definitely have higher volatility. Coins like BROCCOLI714 carry even higher risks and are not suitable for beginners to hold in large quantities. You need to clearly understand what you’re buying, what it can give you, and where its future potential lies.

The last piece of advice—don’t just look at the red and green on the K-line. Short-term fluctuations are normal, but if a coin’s fundamentals and market perception start to deteriorate, you should consider exiting promptly. Conversely, if the coin itself is still good, even if it’s green now, you don’t necessarily have to cut losses immediately. The key is to have your own judgment criteria, rather than being scared out of your wits by the market.

Beginners are most likely to make the mistake of treating short-term fluctuations as the end of the world. In fact, a 20% or 30% drop in the market is quite common. The focus should be on learning how to manage risk and mindset, which is much more practical than trying to predict price movements.