A few days ago, I cleared all my SOL at 180. Then I bought half a position at 144. Today, I sold all of my holdings at 130. I also sold most of my meme coins today, leaving a few promising ones as long-term targets. This wave looks just like when BTC hit 64,000 in 2021 and then crashed; it took a few months to bounce back to 69,000. During that time, most altcoins had a chance to recover or even set new highs. So I've kept a few that are still performing well and have potential.
A few days ago, I was quite confident, seeing that the fear index had dropped to 10. I thought, while others were fearful, I should be greedy, so buying a bit was not wrong. But then the price kept dropping, and the fear index not only didn't decrease but increased. Now I am indeed panicking; all the KOLs on Twitter are saying that 77,000 is a solid bottom, and they are all waiting to buy the dip and make a big profit. So I have to run first. No matter how strong the community is, can it always support the price? Just look at Stonks; that community was so strong, while others were dropping, it was surging, and today it crashed too. Learn from the lesson. Even the most consensus-driven community can't stop the whales from dumping. Just look at Mars City and the Zoo. Not to mention that some coins don't even have a community.