The market has plunged, but you still have a chance to win it back.

Original | OdailyAsher

 

Today, the crypto market as a whole has fallen into a slump, with mainstream coins continuing to weaken in price. The entire crypto world seems to have plunged into a winter. Bitcoin has fallen nearly 20% from its peak, Ethereum nearly 30%, and mainstream assets such as SOL and BNB have not been spared either, with the overall trend remaining weak.

Meanwhile, the altcoin sector is even more brutal, with a large number of recently TGE tokens halving in just a few days, and both trading volume and liquidity declining in tandem. The on-chain Meme sector's popularity has also rapidly faded, capital sentiment has cooled sharply, and the previously hotly discussed Chinese Meme sector has generally plummeted by 30% to 50% today, with the once-boisterous market sentiment returning to silence.

Whether you are a veteran who has experienced multiple bull and bear cycles, or a newcomer who has just entered the market, such conditions can catch anyone off guard. This round of market adjustment is not an "accident" for a few, but a growing pain experienced by the entire crypto world together.

The following five points may help you regain your footing in the fog.

1. Don’t rush to bottom fish, take a break and take care of yourself first

When the market crashes, the scarcest thing is not opportunity, but calmness. Many people, stimulated by continuous plunges, instinctively want to "buy the dip," hoping to quickly make up for losses. But often, this impulse is the beginning of further losses.

At this stage, the most important thing is not "action," but "pause." Turn off those constantly flashing candlestick charts, step away from social media for a while, and let your nervous system detach from panic. Give yourself a few days to do simple things—have a hot meal, get a good night's sleep, exercise for half an hour.

You don't need to make decisions in chaos; real turning points are never missed just because you rest for a couple of days. On the contrary, only when you calm down can you see which prices are bait and which are real opportunities.

No matter how bad the market gets, don’t rush to bottom fish. Adjust yourself first, so you have the strength to face the next cycle.

2. Accept the reality of losses, calmly review your mistakes

Losses are not a shame; they are a "rite of passage" every investor must go through. What matters is not how much you lost, but whether you can learn something from it.

Once your emotions are stable, take out pen and paper and review each decision you made during this period. Ask yourself: Was my position too heavy? Did I blindly increase my position without a plan? Did I impulsively enter the market because I listened to others? Only by making the problems concrete and writing them down can you truly understand how you made those decisions. The purpose of reviewing is not to blame yourself, but to build a system of "self-awareness." The market won’t remember how many times you were wrong, but it will definitely reward those who can continuously correct themselves.

The pain brought by losses is the price of growth. If you can reflect, record, and correct mistakes from it, it means you are already on the road to recovery.

3. Rebuild your life before rebuilding your account

During periods of extreme market volatility, many people focus all their attention on price charts and ignore the basic order of life. In fact, emotional stability often comes from having control over your life.

If you’ve been staying up late to watch the market, eating irregularly, and feeling anxious about the future, then please shift your focus from the "market" back to "yourself" for a while. Try to set a new daily routine: get up at a regular time, eat on schedule, and maintain a certain amount of exercise each day. Once your life gets back into rhythm, you’ll find that anxiety naturally decreases and your judgment becomes clearer.

Many times, the first step to "repairing your account" is not your next trade, but whether you can repair yourself first. Only when your life is stable will your mind be stable; and only when your mind is stable will your account balance have a chance to grow again.

4. Focus on what you can control

You can’t predict the market’s next move, but you can fully control your own learning and preparation.

Try to understand the underlying logic of the market, not just chase price fluctuations. Learn more about on-chain analysis tools (such as Nansen, DeBank, Arkham), observe capital flows, whale behavior, and ecosystem hotspots. Read the whitepapers of highly funded projects, understand the team background, and study real usage data, rather than relying on the emotional swings of social media.

In addition, you can build your own research system, such as reviewing once a week and recording the logic behind each decision. Over time, you’ll find that your understanding of the market no longer depends on external sources, but is based on your own judgment. The most important ability in investing is not prediction, but cognition. Only by constantly expanding your cognitive boundaries can you find certainty amid volatility.

5. Don’t rush to win it back, patiently wait for the next cycle

The most common mistake after a loss is "revenge trading"—eager to recover losses, trading frequently, and blindly adding leverage.

But the market never rewards anxious people. Truly smart investors know how to let the dust settle. There are always cycles in the market; after a crash, a recovery will eventually come, and those who can "endure" during the trough are often the ones who will laugh last in the future.

At this point, your goal is not to win it back, but to hold steady. Stabilize your emotions, stabilize your cash flow, and stabilize your execution. You can take on a side job or part-time work to temporarily shift your attention away from the market and make your life feel more secure. Once your financial foundation is solid, when you return to face the market, you’ll find that your calmness and rationality are your most valuable assets.

Conclusion: If you’re still holding on, you’re already ahead

If you’ve read this far, it means you didn’t choose to run away, but chose to face the ups and downs. Compared to those who have completely left the market, you are already braver and more mature. Because true growth is never smooth sailing, but choosing not to give up in the midst of chaos.

The market’s downward cycle will eventually pass. Although the trough is long, it is also the best time to temper one’s patience and thinking. Those moments of anxiety and sleepless nights will eventually settle into valuable experience.

Please slow down and take care of yourself. Adjust your pace, breathe again, and start anew. Future opportunities will always arrive quietly, and when that moment comes, you will greet your new wave with a steadier mindset, clearer judgment, and deeper understanding.