I’m increasingly feeling that grid/DCA, to put it bluntly, is just buying insurance for your sleep. It’s not that it’s smarter—it’s that it keeps you from having to watch the charts every day, and from falling into existential doubt every time there’s a drawdown. On the flip side, going all-in for quick gains is exciting, but you have to accept that it will amplify your emotions to an absurd degree—the kind where you toss and turn all night. Your position is already doing a psychological stress test on you.

Recently, looking at that whole on-chain gaming economy collapse also feels pretty similar: once inflation kicks in, studios rush in, the coin price spirals, and in the end, whoever can’t take it will go under first. Trading is much the same—there aren’t many people who can withstand volatility. More often, people get scared off by their own positions. Personally, I still prefer to layer in—first, I think about how to survive… earning more slowly is fine. At least I can sleep.