I hope my post yesterday provided at least some clarity around the importance of understanding risk.
Something that's down 40%, 60% or even 90% can still go down another 90%.
Again not here to FUD, bullish on @AbstractChain in the long run (memes don't define a chain)...
But I'm here to educate like I have all cycle.
I hate to be that guy, but here's a harsh truth that I learnt the hard way in crypto... take profit when you feel euphoric.
I derisked / took profit 1 - 2 months ago. I got called out, people were saying 'Greeny is selling the bottom'. What most people don't understand is that something can go down 60%.... but it can then also go down another 60%.
Sure the whole market is down, but memecoins on a new chain like @AbstractChain are at the absolute end of the risk curve so will feel the most pain.
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