According to Miles Deutscher, traders can avoid significant losses in altcoins by avoiding the misuse of the 'diamond hands' mentality, which often leads to holding losing positions for too long. Deutscher emphasizes the importance of setting strict stop-loss orders and actively managing risk, instead of blindly holding in hopes of recovery. He explains that successful altcoin trading relies on disciplined exits and risk management, as many altcoins experience rapid drawdowns and may never recover to previous highs. This approach is especially relevant in volatile crypto markets, where trader discipline directly impacts portfolio performance (Source: Miles Deutscher, Twitter, May 14, 2025).

According to trevor.btc, Bitcoin Ordinals have faced a severe downturn recently. Despite this, the community's strong belief in the long-term value of Ordinal inscriptions, including PFPs, art, and games, suggests potential recovery. Bitcoiners' commitment to holding ('diamond hands') reflects a resilient market sentiment that could stabilize the trading environment. This trading sentiment is supported by the historical strength of Bitcoiners' holding strategies. [source: trevor.btc]