These days, I've seen a bunch of meme narratives take off again, and the group chat is lively like New Year’s. I actually feel a bit nervous… Honestly, narratives are just emotions; once the emotions disperse, all that's left is the bag holder. My stop-loss usually doesn't rely on "I feel it will go up again," but instead I set two hard rules: if the price breaks below the key zone where I entered, I exit; or if it rises to a certain multiple, I take back my principal first, and treat the rest as a lottery, don’t get caught in a fight.

The previous collapse of the chain game was quite typical: inflation + studio pumping, coin prices spiraling, and no matter how much the project team promises, they can't hold up. Meme projects are similar, just with a different packaging; once the chip structure is rotten, it's very hard to save.

Next time, I will put the "exit button" earlier on the changes in on-chain data / token distribution, rather than waiting for the timeline to start leading the rhythm collectively. Do you usually set a fixed stop-loss line, or do you follow emotional turning points?