Last night, it was rare for me not to fall asleep. I was feeling an itch to place a trade, and it ended up teaching me a lesson: I didn’t pay close attention to slippage, I was too lazy to open the depth chart, and in my rush to go all in, the execution price just drifted away… In plain terms, I treated “market price” as “the price I wanted.” Only after going back to review later did I realize that when the order book is thin, the timing of your entries matters; splitting into two or three orders and waiting for a pullback feels a lot better than rushing in like I did, eyes closed.

Over the past couple of days, some people have been watching large transfers on-chain and unusual movements between exchange hot and cold wallets as signals of “smart money.” I’ll look at them too, but when it’s actually my turn to place an order, I still have to fall back to the basics: is there enough liquidity, and am I competing with my emotions for that one second?

By the way, about my view of “long-term”—it doesn’t necessarily mean starting from a year. For me, being able to get through a narrative shift and not making chaotic moves for at least a quarter basically counts as long-term… Anyway, I don’t stay up late or chase pumps. I’ll take it slow.