When liquidity was better before, I always thought "buy the dip slowly," since there was an exit route anyway; now with this kind of market that drops instantly, honestly, it's about surviving first and talking about bottom-fishing later. Slippage is huge, the order book is thin, and the difference between wanting to add to your position and being forced to buy more is just one button away... These days, I’ve been keeping my positions very low, holding cash (or equivalents) as oxygen, even if I miss out, I accept it.

Additionally, recently everyone has been talking about testnet incentives, point expectations, and even guessing whether the mainnet will issue tokens. I also get itchy to go and try it out, but what I care about more now is: what if they don’t give anything, or give very little, can I still sleep well? I’d rather go slow now, be able to exit, and review later—just like that.