Watching the waves roll back in the early morning, I suddenly thought of my position as well: can't hold spot, and contracts always want to "add a bit more,"

as a result, either I sell too early or get liquidated, it's quite embarrassing but very real.

Others think that position management is about calculating ratios and reading indicators.
In reality, it's just a simple phrase: don't let any emotion decide the fate of all your funds.

Recently, everyone compares RWA, US bond yields, and on-chain yield products together. I also get tempted to chase the "stable" ones, but honestly, even the most stable have waves,
the key is not to treat your position as a belief. Conclusion: keep the money you can sleep peacefully with in spot/low leverage,
the rest is tuition, and even if you lose it, it shouldn't affect your plan to watch the sea tomorrow.