I’ve found that many people aren’t bad at choosing a direction—they just have no limits on their position: you can’t hold spot because when it rises you think “it will come back,” and when it drops you’re afraid of “going even deeper”; contract “blow-ups” are even more straightforward—plainly put, they treat “the possibility of being wrong” as “a mistake that can’t happen.” My own straightforward advice is one sentence: first set the maximum you can lose, then decide how much you can buy—don’t do it the other way around. Positions you can sleep with are real positions; if you can’t sleep, that’s gambling.

Recently, the airdrop season has made things feel like clocking in at work—task platforms are rolling out anti-bot/anti-witch-hunt measures, and the points system gets going, so it’s even easier for your mindset to run wild. You make a little profit and then want to add leverage to double… Anyway, I’d rather miss out than wipe everything I’ve slowly built up to zero with a single blow-up. That’s it.