Bonk Guy: Most popular tokens have fallen by more than 50%, but don’t sell high-conviction positions on short-term weakness

PANews reported on September 24 that Bonk Guy posted on the Except for a few assets such as USELESS and STONK, most of the previously popular tokens have now fallen, with some falling by more than 50%. The performance of newly issued tokens is particularly tragic.

Bonk Guy said that currently investors are being forced to sell high-conviction positions due to market weakness, and this is precisely the stage where they are most easily shaken. It believes that the real difficulty is not buying when the market is rising, but holding on and buying on dips when the market is dull and painful. Bonk Guy still views the fourth quarter as a focus and believes that the past few months are just the beginning of the market. If the market continues to rise in the coming weeks as expected, investors who sell high-conviction positions now may regret it.