According to Compounding Quality on Twitter, Warren Buffett emphasized that 'cash combined with courage in a crisis is priceless' (source: @QCompounding, May 12, 2025). For cryptocurrency traders, this highlights the strategic importance of maintaining cash reserves to capitalize on market downturns and volatility. During periods of severe crypto price corrections, having available liquidity enables traders to buy assets at discounted rates and manage risk more effectively, underscoring risk management practices crucial for long-term trading success.

According to @MilkRoadDaily, the current crypto market is facing significant challenges with declining prices and widespread uncertainty. Traders are advised to implement risk management strategies and stay informed about market trends to navigate these turbulent times effectively.