My current attitude toward memes is roughly this: you can go along with the hype, but you need to have your stop-loss plan written out first; otherwise, once the excitement gets going, it’s easy to treat the narrative as a matter of faith. To put it plainly, I treat it like an “emotional war chest”—keep the position smaller, figure out before entering how much I could lose in the worst case, and once it triggers, I accept it and leave; I don’t spin stories to myself.

Also, I’ll keep an eye on two very basic things: whether liquidity suddenly gets thinner, and whether there are any anomalies in on-chain transfers or the pools (the kind that obviously look off). No matter how beautiful the narrative is, when the money pulls out, everything collapses in an instant. Lately, modular and DA layer developers have been pretty excited, but users look completely bewildered… I’m actually more vigilant about this kind of mismatch: the more something needs to be “explained clearly,” the more easily it can be amplified by emotions in the short term. Anyway, I’ll just assume I have a bad memory—set the rules first, then go join the commotion.