That word you quoted by Warren is mostly applicable to all endeavors of life without specifically mentioning crypto currency. This period of time admittedly is a trying time for the entire market which makes a lot of people stay away from the market at this point, only people who have the real conviction are still playing their part here. Even on the forum, a lot of people have stopped visiting because of the dull nature of activities but the year is just starting which brings so much hope and opportunity to reset which everyone should be ready to take advantage of.
If you don't go to the market, then the market comes to you
Really, if you are massively invested in crypto, how can you stay away from the market in such times? Indeed, you can stay away from it if you choose so, but that questions your whole effort and ability at investing in crypto. If anything, crypto is not what passive investments stand for, and your only chance to survive "at this point" is to be active and adaptive. If you want passive income, you may want to look elsewhere, e.g. in gold or treasuries
My game plan for the last 6 months or so has been to get rid of the poor performing coins and trade them into bitcoin which has obviously a very good performance
Someone's got it right finally
We could also look at Ships who are seaworthy and are prepared ready
for the next tide
I like your train of thought - ships which are seaworthy and ready for the next tide (or ride)