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Over the past couple of days, I’ve seen all kinds of Meme + celebrities shouting trading calls. Put simply, it’s attention rotating. It’s fun and lively—but fun doesn’t change the fact that I’m increasingly believing what that old player used to say: “Don’t be the one who takes the last baton.” I used to not agree. In the end, I always got taught a lesson.
Stop-loss really is like a breakup: dragging it out and refusing to let go. On the surface, it’s “wait a little longer,” but in reality you’re paying interest—emotional interest and interest in opportunity costs. Anyway, the “signal” I’m seeing now is just one thing: am I starting to make excuses not to look at my positions, still thinking I can turn it around with a single tweet? Once I get that feeling, I cut half first. Admitting I’m wrong and taking the loss isn’t embarrassing—what’s truly painful is dragging it out until later. That’s it for today. Go take a look around on-chain at some niche ecosystems and cool off.