I always can't hold onto my spot positions, and my contracts often get taken out with just one quick move... Later I realized a simple truth: position size isn't meant to prove you're right, it's meant to allow you to survive even when you're wrong. To put it plainly, I now think in two layers: one layer is to gradually hold (the kind I don't even fear when sleeping), and the other layer is for making quick trades out of boredom. If I’m wrong, I admit it—don’t stubbornly hold on. Contracts are even simpler; the leverage that can blow you up is the one you shouldn’t open. I’d rather earn less than risk getting liquidated in the middle of the night by having to top up margin.

Recently, the NFT royalty debate has been quite similar to trading: everyone wants “what I deserve,” but the market only recognizes liquidity and risk. When emotions run high, it’s easy to get carried away. Anyway, I now treat “practice” as the goal—not to beat the market. If I can reduce my position as planned without recklessly adding, that’s progress. When I see something abnormal on the chain, I withdraw first and ask later. Being thick-skinned is better than getting educated.