I almost copied the wrong address just now, and my palms were sweating at the moment of sending… Thankfully, before the on-chain confirmation, I checked again and got it right—turns out it was just a scare. Only then did I realize how fragile my mindset is: when the funding rate hits an extreme, my first reaction is, “Should I go take the counterparty’s side and pick up something cheap?”—but what you often end up “picking up” is a volatile punch.

To put it simply, an extreme funding rate isn’t a freebie; it’s more like a warning: everyone’s squeezed onto the same side, and you could get thrown off the train at any moment. These days, I’m more inclined to hide first, shrink my position, and rather miss out than force the hold. If I really do decide to play the counterparty side, I have to have a stop-loss—otherwise I’m just using emotions as fuel.

Recently, people have been watching large on-chain transfers and unusual movements in exchange hot and cold wallets, interpreting it as “smart money”… I like to look too, but after reading it, I treat it like gossip—don’t let it get to your head. Anyway, my ID is PaperHandsPro; I’m not telling you to rush in—I’m reminding myself to do less. That’s it for now.