My biggest realization in the past two years can be summed up in one human phrase: Don’t let yourself become an ATM between “wanting to double your money” and “fearing missing out.”

If you can’t hold spot positions, it’s mostly because your position size is too large, and small fluctuations start to make you overthink;
If you get liquidated on futures, honestly, it’s because you treat stop-loss orders as decorations and still think you can endure it.

Now, before I place an order, I force myself to do a small action:
First, write down the position size in a memo, set a “worst-case sleep-through” amount,
then wait 10 minutes before confirming.
If I get itchy, I only open a small lot; losing is a lesson learned, and winning doesn’t mean chasing impulsively with more.

Recently, everyone’s been complaining about miners/validators eating up a lot, MEV and unfair ordering,
I can also understand that feeling of “why do I always get slippage when I buy, and get squeezed when I sell”…
So I’d rather not entrust my life to leverage.
If I can, I’ll take spot positions in batches; if I can do less, I’ll do less.
Anyway, just stay alive first.