On-chain data has always been an important part of tracking and analyzing the cryptocurrency market. Changes in the continued funding of cryptocurrencies can create selling pressure and affect sentiment. status of retail investors.
However, it's important not to let short-term fluctuations influence your investment decisions. There are a few important points to note:
1/Crowd psychology: Selling pressure from the fund and short-term volatility can create crowd psychology, causing investors to sell and not comply with the original plan. Moods and decisions based on emotions are often not good in investing.
2/Narratives and investment plan: As you mentioned, keeping tokens with a proper narrative and investment plan is important. Don't let short-term fluctuations take away from your strategic vision.
3/Patience and risk management: In #Crypto investing, patience and risk management are key. Maintain your portfolio and stick to your plan.
4/Research and learn: Always continue to research and learn about the market. A deeper understanding of projects and tokens can help you make smart investment decisions.