I found that the easiest way to get wrecked isn't misreading the direction, but losing control of my position: when spot prices go up, I want to add; when they drop a little, I want to cut; futures are even more straightforward—leverage gets you hyped up, and market volatility immediately teaches you a lesson. Honestly, position management boils down to one simple rule: first, write down the maximum loss you can tolerate, then decide how much to buy; don’t do it the other way around. The part I can sleep peacefully with is spot trading; the money I want to gamble with should be treated as a ticket that can be wiped out at any moment—don’t mix it with the rest.

Recently, watching those blockchain games with economic collapses feels quite similar—inflation + studio rush, coin prices spiral down once they drop, and personal positions follow the same logic: once forced to sell, all that’s left is emotional trading. Anyway, I’d rather miss out now than get wrecked again. How about you?