I’m the kind of person who can’t hold onto spot positions for long. If it goes up a little, I already want to run. Futures are even worse—several times it was “just add a bit more leverage,” and then, one quick needle and I was cleared to zero immediately… Later I finally understood the plain truth: don’t let any single bout of volatility knock you out of the game. Keep your position so small that you can sleep at night, and leave the rest to time and luck—don’t stubbornly force it.

Recently I’ve been watching the “restaking” and “shared security” setups where the yield gets layered on top of each other, and people are blasting them as “mattress”/“pyramid scheme” style. To be honest, I kind of envy others who dare to go for it and even post their returns, but I really am afraid. People who’ve seen accidents firsthand tend to get instinctively tense about “seeming like you’re earning more on another layer.” Anyway, I split my funds into a few parts now—if one part loses, it won’t affect my mindset. I’d rather make a little less than ever experience that suffocating feeling of being wiped out again.