In fact, most people come to the cryptocurrency space just to make some money, without the grand ideal of building the crypto world, so naturally, they only pay attention to short-term fluctuations and not to long-term development. One can adopt a constructive mindset to make short-term profits; this may sound a bit abstract, but it is indeed the case.
The first thing to do is to believe that blockchain is the inevitable direction of future development, and you believe it can exist and thrive for years or even decades. Right now, the best carrier for data is blockchain; human development is inseparable from data carriers. Perhaps blockchain will iterate in the future, but for now, blockchain is indeed the optimal solution, although promotion is not that easy.
Because decentralization infringes on too many people's interests.
Of course, I'm saying this just to help you see the bigger trend; the trend of blockchain is upward, so our strategy must be short on the downside and long on the upside. The upper limit of traditional industries is visible. For example, Moutai, no matter how well it makes its liquor, its market is limited, and its market value is finite. However, blockchain can be infinitely expanded; currently, there seems to be no upper limit to blockchain. So-called resistance levels are merely the current market consensus, not its true upper limit.
Of course, the market does not always rise; this is not healthy. A zigzag rise is the norm and a historical inevitability.
So that golden pit will definitely come; what we need to do is to follow the tides of development, not to panic, and not to FOMO.