Recently, memes have been getting really lively again, with a change of avatar and slogan every time the narrative shifts, and the group’s mood just heats up. As someone who lurks in the crypto space, I can only remind myself: excitement is not a moat; stop-loss should be prepared in advance, or a shaky hand might turn it into a “faithful re-entry.” I usually treat it as a patch for myself—small fixes: decide beforehand how much loss to accept before exiting, split the exit into several parts, keep some as lottery tickets, and record it in my ledger—don’t change it at the last minute. Especially now, with spot/contract funding rates swinging to extremes, everyone arguing whether to reverse or keep squeezing the bubble, I don’t guess. If the rates are too outrageous, I reduce my position or stop leverage; survive first, then talk. Fighting against the witch of emotions is already exhausting enough, don’t let the emotional witch get you again.

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