Just now, I got the itch to chase a move again, and I even moved my mouse to add to my position, then paused for two seconds and asked myself: What new information did I actually get, or was I just carried away by the K-line and the excitement in the group? Honestly, when emotions push your position, the reasons can always be made up on the spot; looking back, most of the time it’s pretty awkward.

Recently, the debates over privacy coins, coin mixing, and regulatory boundaries have become more intense. Some think it’s a matter of principle, while others only care about whether they’ll get a sudden crackdown. I prefer to treat it as an “event risk”: if you can understand it, observe in small amounts; if you don’t understand, don’t force yourself to join the fun. When the tide goes out, it’s not shameful to pick up shells slowly.

My current rough method: if I want to chase a rally, I first slow down; if after half an hour I still want to buy, then I do… As for that feeling of “feeling more secure as it rises,” is it confidence or just inertia?