PEPE: Summary of the discussion in the Shuqin silencing group (22:00:09 ~ 23:00:09)

1. Current Recommended Direction - PEPE falls into the category of small-cap coins that are "barely" worth buy the dips. It is recommended to wait for a significant pullback in Bitcoin before investing. It is not advisable to chase the price up or blindly long at the moment. - It is clearly stated that "only the leading on-chain meme can survive to the next cycle." PEPE is a relatively stable mainstream ON-CHAIN MEME coin, but during the bear market, it is advisable to prioritize stable assets and wait for the emergence of a new leading on-chain meme in the next cycle before getting involved in a deeper investment. 2. Position and Risk Management Recommendations - It is recommended to start adding to your position with half of your dollar-cost averaging amount when Bitcoin falls to the 55,000-60,000 range, and then All In all in with the remaining funds when it falls to the 40,000s, mainly holding spot. - For smaller coins like PEPE, it is recommended to gradually increase positions when buy the dips, prioritizing mainstream coins in position control, and avoiding heavy positions in unstable on-chain meme. - No specific profit-taking or stop-loss points were specified. The emphasis was on patiently waiting for a clear pullback in Bitcoin before adding to positions, and risk control depended on the overall market trend. 3. Adapt to trading styles - This strategy is suitable for a stable medium- to long-term investment approach, using the market's temporary bottom as an entry signal. - We do not recommend aggressive short-term trading with quick in-and-out moves. We emphasize "building stable assets" during the bear market and waiting for the next cycle's leading on-chain meme to emerge before taking active action. - Without specific catalysts, pay attention to the macro market rhythm and the performance of mainstream coins, and avoid high-risk short-term speculation due to the instability of "On-Chain meme".