These days, I've seen the funding rates spike to somewhat ridiculous levels again, and everyone in the group is asking whether to take the other side. To put it simply, when the rates are extreme, it really feels like "collecting rent while lying down," but what I’m more afraid of is that sudden surge or sharp drop kicking people off the bed... I usually ask myself first: am I really earning from the rates, or am I betting on the direction? If the answer is a bit vague, I’d rather avoid the volatility, do less or simply not touch it, and get a good night's sleep.

Not long ago, I actually had an impulse to "exit": seeing all kinds of testnet incentives, expected points, everyone guessing whether the mainnet will issue tokens, I was about to hit the add position button, but then I quietly pulled back. Anyway, during these emotionally charged moments, I prefer to lighten my position a bit, keep some bullets for when the volatility passes, and slowly become an LP, rather than turning myself into a short-term trader.