These past two days, meme hype has been heating up again. Once the narrative kicks in, everyone gets pretty carried away—but first, I’ll ask myself one thing: if it suddenly stops telling stories, how am I prepared to move forward? The new L1/L2 crowd that stirs up incentives and pulls in TVL is the same: I understand why veteran users complain about “dig, then sell,” so I’m more inclined to treat it as a short-term campaign, not a matter of belief.

When it comes to stop-loss, the truth is it isn’t something you calculate—it’s something you write ahead of time for yourself: if you’re down to where you’ve decided, close the page; don’t change your mind on the spot. And don’t play the hero with your position—just keep it to a size that you can sleep with. What I fear most isn’t losing money, but losing control—once I lose control, I’ll add to my position, chase higher prices, and keep reviewing the trade until the early hours without being willing to stop, and in the end I’ll hand over the whole rhythm… Anyway, let me steady myself first.