You can’t hold spot, and contracts always keep pushing you to “accelerate.” In the end, either you sell too early or you get liquidated. Here’s the plain truth: don’t treat yourself like a perpetual-motion machine. First, size your position down to the point where you can fall asleep—then we can talk strategy. To put it simply, what I’m doing now is basically two layers: the long-term portion is locked away and treated like it doesn’t exist, and the short-term portion—if it bleeds out—won’t affect my life. Contracts are even simpler: if you can avoid touching them, don’t. If you really have to touch them, just use that little bit of “pay tuition” money—don’t count on a single turnaround to change everything.

Lately the group has been arguing again about privacy coins, coin mixing, and that compliance line. The more they fight, the more I feel it: risk isn’t the opposite of profit—it’s whether you can keep living in the arena… My partner even teased me, saying, “You back up your private keys more seriously than your feelings.” Fair. At least I don’t want to miss the next bull market because I got carried away one day. That’s it for now.