These days, memes are getting lively again, and I’m itching to join in, but honestly, narrative shifts faster than anyone. My stop-loss isn’t based on “trust the community,” but on discipline: think clearly about the worst-case loss before entering, and when it hits, just walk away—don’t bargain with yourself. The worst is when you keep finding reasons while falling—“wait for a rebound and then sell”… and then there’s nothing afterward.

By the way, I see new L1/L2 projects are starting to promote incentives to boost TVL, and veteran users are complaining about “mining, selling,” I can only say this isn’t a moral issue, it’s a structural one: when incentives stop, the narrative loses momentum. Anyway, I now default to adding a discount to “hype,” preferring to earn less than to see myself as liquidity. That’s all for now, I’m going to sleep.