Recently, I saw the trend of some coins, which directly experienced a big dump of 80% within two hours, with a drop of nearly 5 times. Every time this happens, a large number of retail investors are Tied Up.

In such extreme market conditions, setting stop-loss orders is effectively meaningless - with large positions, one can't escape, and slippage is outrageous, making it impossible to sell at ideal prices. To put it bluntly, ordinary users are gambling against well-funded players who have information advantages; when they dump the market or harvest profits is completely black-boxed. Retail investors are basically like fish on a chopping board, having little ability to fight back.

This is also why I have always advised everyone to be cautious when playing with altcoins. The odds are too poor, and it is very difficult to form a compound interest effect. Using the same funds to play with Bitcoin or Ethereum, the accumulation speed and safety factors are completely different. Especially during the bear market phase, the liquidity of small coins is inherently shallow and is more easily controlled.

To be honest, it's okay to take some risks during a bull market, but it's really not necessary in a bear market. Instead of betting on altcoins to double, it's better to protect your principal well. Every dollar you have now could be dozens of times the capital in the next bull market. This is the most cost-effective strategy.