Crypto Investor Reflects on Meme Coin Strategy Amid Market Hype

I understand where you're coming from. You've invested heavily, accumulating 800,000 RITE tokens, which shows strong conviction in this meme coin. Currently, meme coins and popular altcoins are riding high on hype, while many essential projects are relatively quiet. In crypto, hype often drives market movements, and I believe the hype cycle will return someday. However, not all assets surge simultaneously; sometimes, the quiet, lesser-known tokens offer the best potential gains right before they experience explosive growth. That said, trying to catch a falling knife can be very risky. Dollar-cost averaging (DCA) is effective only if the project maintains long-term viability. If you believe in the fundamental value of your holdings, patience might be the best strategy. If not, there’s no shame in holding your position and waiting; keeping dry powder is also a valid stance. If I were in your shoes, I’d prefer to monitor key support and resistance levels closely and only increase my position once the chart indicates strength. We’re not here to hold onto losing positions indefinitely but to grow our crypto portfolio wisely. Ultimately, it remains to be seen whether market logic or chaos will prevail. Staying disciplined and observant will be crucial as the market evolves.