You can’t hold spot positions, and on the contract side you keep getting blown up. To be blunt, it’s not that you can’t do it—it’s that your position is too “overconfident.” The rule I give myself is just one piece of plain language: only take the position that lets me sleep at night—if I can’t sleep, cut it. Don’t stubbornly hold on; if you hold it all the way to the end, it’s not faith anymore, it’s an emotional statement.

These days, during the airdrop season, it’s even more obvious. Task platforms are fighting against bots while also racking up points, and the “farm the rewards” crowd is grinding like it’s a job. The on-chain activity is lively, but your mindset is easy to sway. In any case, I’d rather make a little less than turn one burst of impulsiveness into a whole month of clawing back.

What I’m most afraid of missing out on isn’t the opportunity itself—it’s ending up in a state where I’ve lost normal judgment.