Recently, I saw the funding rate spike again—so out of control. In the group, everyone was shouting about going to take the other side. I used to feel the itch too, thinking, “If someone’s sending money, take it—don’t refuse,” but it would usually end up with volatility washing people out first, and I’d get stopped out before I even managed to take a few bites of the funding rate… Now I’m more inclined to just dodge it. I’d rather make a little less, then wait until the funding rate goes back to normal and people are calm again. Basically, in extreme conditions, the market doesn’t care about reason—what matters is how much your account can take.



By the way, I’m also curious about the whole “attention is mining” setup—social mining and fan tokens. I clicked in to take a look, but the more I watched, the more it seemed like people were just competing to see who could last longer and grind more, and there isn’t enough certainty. A couple of days ago, I genuinely had the urge for a moment to uninstall a certain app straight up, so I wouldn’t get carried away by emotions… In the end, I held back. I set a reminder: if the funding rate gets extreme, just move less; if you get that urge, go sleep—let it be like this for now.
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