Recently, the group has been arguing again about whether extreme funding rates will reverse or whether the bubble will keep getting squeezed. My first reaction isn’t to guess the direction—I’d rather take my hand off the mouse for two minutes first… The hotter the topic, the easier it is for your attention to be steered by other people. Put simply, when you keep getting “cut” over and over, it’s often not because your technique is bad, but because every time it’s the moment when everyone is “talking about it,” you enter.

My own clumsy method: when I see a project spamming the chat, I ask one question first: “Am I doing this to make money, or to avoid being left behind?” If the answer is the latter, I don’t touch it for now; if I really want to get involved, I do it with a small position and set clear exit points—don’t yell about a long-term plan while also staring at the one-minute line. There’s another old saying, but it’s genuinely useful: don’t grant permissions randomly. When the hype kicks in, phishing links will follow too, and that bit of principal in your wallet matters more than face. In any case, I’d rather miss a stretch of excitement than become fuel for the commotion.