Last night I saw a screenshot of "whale addresses adding positions" again, and I really got a bit itchy to follow... To be honest, I was just afraid of missing out. When I see others making big moves, I automatically imagine "Am I falling behind?" But when I calm down and think about it, a whale moving doesn't necessarily mean they're building a position. Many times, it could be hedging, repositioning, or even just moving chips around to do something else. If I follow in blindly, I might just be catching them on the risk management side.



The recent testnet points wave is the same. Every day in the group, people are guessing whether the mainnet will issue tokens. I also feel tempted to earn a few more, but the more excited I get, the more I think I should ask first: Am I just positioning, or am I being driven by emotion? Anyway, now when I see large transfers on the chain back and forth, I first check whether the funds are going into or out of exchanges, whether there are opposite positions opened at the same time, and if I'm unsure, I hold back and check my wallet permissions again... That's it for now.
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