When the funding rate hits an extreme, the group starts shouting "This wave is the opponent paying us," I usually hold back first... To be honest, what can blow you up isn't the direction, but volatility + leverage. When the rate is ridiculously high, I will reduce my position or switch to lower leverage, preferring to earn less than to stubbornly hold through those sharp swings. If I really want to take the opposite side, I only use a small position, treating it as "buying insurance," rather than going all-in and betting on a return to normal.

Recently, that main public chain has been upgrading/maintaining, and everyone is guessing whether the ecosystem will migrate. I am actually more cautious: at such times, news comes and goes, and the rates and order books can easily distort. Avoiding volatility is more suitable for someone like me who is afraid of dying than chasing after emotions.

On the security front, I am willing to take an extra step: before major events, move my holdings from my regular addresses to a cold wallet. The trouble is real trouble, but at least I can sleep peacefully. Surviving first is the qualification to talk about right or wrong.