These past two days, a whole bunch of memes have been cycling through and staying lively, and as soon as the group’s mood spikes, people tend to get antsy and start itching to trade. To put it plainly, narratives can push prices up—but they can also trip you up and shove you back down with one wrong step. So my stop-loss is pretty simple and a bit “crude”: first, figure out whether I’m buying an “emotion play” or “real on-chain utility.” If it’s the former, don’t pretend it’s some kind of long-term conviction. When it rises, take profits in batches; if it falls below the first high-volume level after I entered, I cut. I’d rather make a little less than stubbornly hold on.

Lately, some people have also been tying ETF fund flows and U.S. stock risk appetite to how the crypto market rises and falls… I just treat that as background noise. At most, it affects my position size—I don’t treat it as a reason to “hold on no matter what.” I only play memes with small positions. If I profit, I rotate back to my main position, leaving a bit to watch from the sidelines for fun. If I step on a landmine, I accept it—don’t let one moment of getting carried away wipe out the airdrop costs from the past few months. That’s it for now.