Recently, a bunch of memes have been getting lively again, honestly emotions are moving much faster than logic.

I’ve set a very simple stop-loss for myself: before entering a position, think clearly about “what am I actually betting on,” either narrative spreading or liquidity returning;
as long as the discussion heat clearly dissipates and trading volume starts to shrink, I’d rather admit loss and walk away, not telling myself stories.
Don’t wait until everyone starts blaming each other before you remember to cut losses.

My colleague also compared RWA, US bond yields, and on-chain yield products, which gave me a headache…
Anyway, I only remember one thing: where the returns come from, where the selling pressure goes, if you can’t explain it clearly, just treat it as a high-volatility toy, keep the position small, and being able to sleep peacefully is the most important.