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It's easy to say you are optimistic about a project; the hard part is sticking with it when prices fluctuate repeatedly. My attention to Plasma actually comes from gradually accumulating this understanding through such volatility.
Honestly, trading Plasma in the short term is quite uncomfortable right now. The price is oscillating within a range, people chasing the rally get slapped, and those trying to buy the dip get cut. But on the other hand, this precisely indicates that the chips are flowing — not controlled unilaterally by one side, but constantly changing hands. For a project still in its development phase, this structure isn't necessarily bad.
Looking at the candlestick charts, this seems more like digesting previous fluctuations rather than the start of a new trend. People tend to fall into a trap: as long as the price doesn't rise, they start questioning the project itself. In fact, market sentiment often shifts much faster than project progress.
The real question to ask is: when sentiment warms up, can the project catch the wave? Are there technological advancements? Is the ecosystem taking action?
I’ve also fallen into the trap of buying at a high point, so my current strategy is very simple — respect the market’s rhythm and avoid betting against emotions. For Plasma, my attitude is to let time verify. Time will tell us whether this is a project with substance or just pretty graphics. When the market is willing to re-price with patience, truly valuable projects will naturally be recognized.