I've recently been caught up in investment dilemmas again. I just invested in this project and recently pushed the contract. The current question is: should I cash out now or keep holding?

Speaking of my initial intention, what attracted me to this project was its meme and concept—the Chinese pun of "buying horses in the Year of the Horse" is quite interesting. I scanned around on the chain, and this project stands out in terms of creativity and dissemination value, with a very clear logic. From this perspective, there are reasons to continue holding.

But the problem is—policy changes. This reminds me of my previous experience holding a major token. At that time, my expectation was a long-term hold of 7 to 10 years, thinking this project could rise to $10 or even higher. But what happened? When policy risks emerged, the price trend was directly disrupted, and the contract's high became the ultimate ceiling for this project.

I'm still optimistic about that project because, measured over a 7-year cycle, short-term fluctuations are less deadly. But I just invested in a different one—this is a short-term game, and the Lunar New Year is only a few weeks away. If policies stir the market again, it will be quite difficult for this project to take off.

Policy changes are truly a double-edged sword. On one hand, they might push some of my holdings to $20; on the other hand, every market adjustment tends to drag down projects with Chinese concepts, leaving them feeling half-dead.

Now, the decision I face is clear—should I take profits now or wait until it hits $1 before considering? This decision is really tough.