Date: 10.15 — Long-term pick update

#哈基米 Recommended entry price: 0.03; five-tranche position (see the pinned post for an explanation of position management)
Target: 0.1. No stop-loss for this long-term pick.

Update since entry: Current price today: 0.02, an unrealized loss of around 33%. Yesterday, a slight wick down in the broader market dragged it lower. Still holding.

Reason: As a Chinese meme coin, it usually goes through a period of shakeout early on. Once the trapped holders near the top have been shaken out, the market makers can step in and push the price up. They’re also waiting to accumulate heavily near the bottom—shaking out those trapped holders who can’t hold on and testing their resolve, so retail investors who bought near the top sell at a loss and they can buy in. Still holding.

#xrp Recommended entry price: 1.5; five-tranche position. Target: above 2. The current price is around 1.3, with little movement today. Unrealized loss: around 13% (I’ll adjust promptly if market conditions change).

Update since entry: I entered around 1.5, which was a reasonable level. XRP’s key strengths are that its regulatory situation is largely settled, institutional access through ETFs has opened up, and it has real-world payment utility. These factors support its fundamentals over the medium to long term. In the short term, it may still move down with the broader market. As soon as the market recovers, XRP will be the first coin to rally. Still holding.

If it keeps falling, let it fall; if it keeps shaking out holders, so be it. Selling at a loss isn’t happening. These were always coins to hold for the long term—trading time for profit. For timely updates, DM me on my profile!