To be honest, recently when liquidity dries up, the market looks like a convenience store at dawn, with only the refrigerator lights still on... The hands that want to buy the dip are all trembling. I used to love to jump in too, but the result is often not that the wrong direction is the first to die, but that there are no bullets to withstand the volatility.

Now I have only one principle: survive first, then talk about buying the dip. Keep your position smaller, don’t be too confident in your orders, being able to sleep is more important than catching rebounds. I’m not sure if I’m just being cowardly, but seeing the “yield stacking” of pledge/share security systems being criticized as a set of nesting dolls, I suddenly feel that the more you want to cut into the same cake multiple times, the easier it is to cut your hand. Anyway, just endure for now, and wait until the market clears out its emotions before talking.