Last night I couldn’t sleep again, scrolling through the blockchain, and while I was at it I tapped my wallet’s authorizations—turns out there are still a bunch of “unlimited” approvals left hanging. It felt even worse than losing a trade for a moment. To put it plainly: you think it’s about managing positions, but once they have that permission, they can turn you into a cash machine while you’re asleep. Revoking an authorization is like sleeping—without it, you just don’t feel secure. Now my habit is: after I’m done with a contract, I revoke its access. I’d rather click a couple more times next time than leave a hidden time bomb in my wallet.

Recently, everyone has been using ETF fund flows and risk appetite in the U.S. stock market to explain crypto market swings, and I look at that too. But no matter how lively these macro narratives are, they’re not on the same level as the risk of an unlimited authorization sitting in your wallet. Stop-losses can save a stretch of a trend; if permissions aren’t withdrawn, it might not save you from even a night’s rest. Anyway, I’ve revoked everything I can, and my anxiety level dropped immediately.