I’m pretty contradictory: when spot goes up, I want to cash out; when contracts get a bounce back, I want to tough it out—then in the end, either I miss the move by selling too low or I get liquidated. I’m so pissed I feel like throwing my keyboard… In plain terms, position management is just one bit of human language: don’t use “money you can’t sleep on” to bet on direction. The portion that lets you sleep is the only part that deserves to hold spot; as for contracts, treat them like script-based strategy testing—decide upfront exactly how much you’re willing to lose and stop, don’t add more on the spot just to feel good about it in the moment. Lately those NFT royalty “water wars” are the same: everyone wants to grab a little more, but when liquidity tightens up, everyone suffers. It’s kind of funny and kind of infuriating. Either way, I’d rather make a little less now than let my emotions turn me into an ATM.

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