"A Long-Term Investor in the Ups and Downs of Cycles"
As a "classic crypto investor," their long-term belief in the industry is commendable, and their self-positioning as a "crypto person for life" further demonstrates a deep recognition of the track. However, the aggressive layout of holding over 20 million altcoins in the last cycle exposed a neglect of the rationality of asset allocation—excessive concentration on high-risk altcoins essentially transformed "long-termism" into "gambling persistence." The operation of cutting losses on BNB at $206 may have been a helpless stop-loss under market panic, while the FOMO-driven all-in on RDNT once again confirmed the dominance of human weaknesses in investment decisions, ultimately falling into a vicious cycle of "eager to recoup losses." Their experience reflects the cruelest reality in crypto investing: long-termism needs to be based on rational understanding and scientific strategies; "persistence" without risk control is prone to becoming a victim of the cyclical tides. Amidst the market's ups and downs, the debt predicament is both a punishment for greed and fear and a warning to newcomers in the industry—the capital resilience to traverse bull and bear markets is never a gamble supported solely by belief, but rather a continuous evolution based on deep understanding, diversified layout, and controllable risk.