I am increasingly feeling that stop-losses are really like breakups: dragging it out without clarifying, thinking I can delay, but the longer I drag, the more it hurts, and I also end up paying fees/interest as "compound damage"... Of course, it's not about running away at the first dip, but more about admitting that I cooked this pot myself.

Recently, the funding rates for spot/derivatives have become extreme again, and the group is arguing fiercely: is it a reversal or just continuing to squeeze the bubble? Honestly, during times like this, emotions are most likely to get the better of you. I like to analyze it like cooking: who’s adding fuel this time (active buying or forced liquidation), is the heat maintained by leverage, and whether the timing of the "cooking" is accelerated by funding rates. If I find that the main ingredient is my own unwillingness, then I shouldn’t stubbornly hold on; admit the loss early, at least I can sleep well. Anyway, I’m not always right, so better to prioritize survival first.