I realized recently that I am quite typical: whenever spot prices rise, I want to cash out and can't hold; when I open a contract, I feel "without adding leverage, it's not interesting," and as a result, a wave of retracement teaches me to get liquidated. To put it simply, position management boils down to one sentence: first decide how much you're willing to lose at most, then determine how much you can buy, rather than rushing in first and praying the market will be gentle with you.

Recently, those new L1/L2 projects launched incentives to boost TVL, and old brothers in the group are all complaining about "mining, selling," I was also tempted, itching to chase after it, but after chasing, I was afraid of crashing the market and quickly ran away... In the end, just paying transaction fees back and forth. Anyway, I’ve now set a rule for myself: only buy and sell spot in batches, only use small enough positions in contracts that I won't mind losing, and set stop-losses as routinely as brushing my teeth—don't wait until your teeth fall out to remember. That's it for now, feeling tired.