Recently, I saw a bunch of people linking ETF capital flows, US stock market risk appetite, and crypto market rises and falls together in their analysis… I also take a quick look, but honestly, that’s just “the atmosphere,” not my reason for placing orders.

I used to be quite stubborn about options: I always thought, “I only look at on-chain data,” and if there were no signals on-chain, I wouldn’t touch it. Later, after being educated a few times about time value, I realized that buyers are using time to exchange for possibilities; time is deducting from you every day. Sellers are collecting rent, earning from that one moment you can’t wait for. But sellers aren’t just sitting back and winning; if emotions turn or volatility explodes, losses can be even more painful than holding spot.

Now I’ve adjusted my approach: I prefer to be a buyer, but only with small amounts of money, setting a pre-determined “maximum loss I can accept” line; if I want to be a seller, I’m even more restrained, willing to earn less rather than sell myself into unlimited liability… Anyway, take it slow, don’t fight the market.