'TOTT' Getting Harvested? Trader Eugene Ng Ah Sio Points Out Opportunity in the Panic

In early February, the cryptocurrency market experienced a sharp sell-off, causing many investors to feel panicked. Amid the market criticism, even experienced traders couldn’t avoid feelings of unease. According to BlockBeats, renowned trader Eugene Ng Ah Sio shared insightful observations about the current situation, realizing that investors—even those considered “HODLers” (people committed to long-term faith)—are also being “harvested” by sudden market movements.

Market Decline Fuels Investor Emotions

On January 30, Ng Ah Sio commented that the recent downturn has shaken even the most steadfast investors. The price weakness triggered a widespread wave of abandonment and disappointment across the market. Many are predicting further declines, creating an atmosphere of pessimism. However, in this context, Eugene Ng Ah Sio decided to adjust his strategy. He reallocated his positions prudently, preparing for potential turning points.

Favorable Risk-Reward Ratio of Long-Term Strategy

Although the current market is filled with negative factors, Ng Ah Sio maintains a positive outlook on the long-term prospects of cryptocurrencies. He believes that the risk-reward ratio for a long-term buy-and-hold strategy remains favorable. To manage risk, he set a clear loss limit below $80,000—serving as a “stop point” to protect capital if the market continues to weaken.

When ‘HODLers’ Are Not Weak, But Patient

By maintaining a long-term vision, Eugene Ng Ah Sio affirms that cryptocurrencies will not lag behind other risky assets during a prolonged recovery phase. He believes that ‘HODLers’—the disciplined investors—deserve to be rewarded if they stay disciplined and do not give up easily. Even during this sell-off, he sees that the current phase may be approaching its end. Therefore, on February 1, he announced readiness to “re-enter” the market rather than continue to withdraw. The clear message: this may be the time to act, not to wait.