Stopping loss is really like breaking up; if you drag it out without clarifying, you'll only sink deeper in the end, and you'll have to pay "interest" every day (that perpetual funding rate really can wear you down). My biggest misconception as a newbie before: losing money, just hold on and wait until it breaks even, since not selling doesn’t count as a loss. My current understanding is: if you’re wrong, admit it early; recognizing the loss sooner can help you pull your emotions out of the mud, so the next trade you make will be with a clear mind, paying attention to the funding rate and what big on-chain players are doing.

Recently, cross-chain bridges have had issues again, and oracles are reporting outrageous prices. Many in the group say “wait for confirmation,” which basically means they’re afraid to press the button… I can be hesitant too, but after reviewing, the most damaging thing is often those few minutes of hesitation. For now, I’ll keep watching tonight, don’t wait until the last second to place the order again.