These past couple of days, that familiar, chilling feeling of “no one’s stepping in to catch the dip” on the order book has been all too real. Once liquidity dries up, “buying the dip” sounds brave—but it’s really more like getting stuck in a subway with no signal and then stubbornly blasting through video feeds… Put simply: survive first. Don’t let your position force you into “selling blood.” Keep a bit of cash/stablecoins as oxygen. Don’t bet everything on a single all-in just to turn your life around.

Right now I feel more like I’m setting up a “backup”: one main wallet, one cold wallet, one set of stable assets. I even split them across different chains. Even if the returns are a little lower, at least I won’t have everything wiped out at once if something goes wrong. Lately, the community has been arguing about privacy coins, coin mixing, and the boundaries of compliance, and I’m pretty torn too. But no matter which side I stand on, the thing I fear most is having the rules suddenly rewritten—and then not even being able to find the exit door… Hang in there first. Let’s talk about ideals once the tide comes back.