These days, the market is sometimes green and sometimes red, which makes me itchy to chase after it, but I will first pause for three seconds and ask myself: Is my reason for adding to my position based on new information, or is it just an emotion driven by fear of missing out? To put it simply, if there is truly new information, it can usually be summarized in one sentence; the more I struggle to write it, the more it seems like just emotion.

Recently, everyone has been talking about expectations of interest rate cuts, the US dollar index moving up and down together with risk assets, and I’ve also gotten confused… When macro narratives heat up, it’s easiest to mistake “guessing the right direction” for “being able to increase the position size.” Anyway, I still stick to my old method: if on-chain fund flows aren’t catching up, I don’t rush; I stick to dollar-cost averaging, and if I feel impulsive, I just turn off the order button for a while. That’s it for now, I’m going to get to work.