Most people in crypto don't have a portfolio. They have a collection of impulse decisions sitting in a wallet.

You bought the memecoin because CT was screaming about it. You aped the token because someone posted a PnL screenshot. You opened a perp trade because you were bored on a Sunday night. None of that is portfolio management, that's simply gambling.
If you want to survive longer than one cycle you need to switch your mindset -> your money is ACTUAL capital.
That means understanding the difference between your on-chain degen bag and your spot holdings. It means knowing why your high cap positions should be treated completely differently to your low cap moonshots. It means having a plan for when you take profit AND when you admit you're wrong and cut the position.
Here's the part nobody wants to hear. Your personal situation matters more than any trade setup. How much spare liquidity do you actually have? Are you budgeting properly or are you just throwing rent money at whatever narrative is trending this week?
The people who make it through bear markets aren't the ones who caught the biggest pump. They're the people who managed risk like it was their job because if you're serious about this, it is your job...