Recently, the rotation between meme coins and new narratives has been speeding up more and more. When each one surges in, it’s pretty lively. But the truth is, there are still plenty of people losing money. The way I’ve gotten used to thinking it through is this: no matter how fancy the narrative is, if I don’t understand how I’ll exit later, I basically won’t take a large position. For example, modular blockchains and the DA layer right now—when developers talk about them, they’re so excited, but as a user, I’m honestly completely lost; at the experience level, there hasn’t been much change yet… Anyway, I’ll just treat it as something to watch for the excitement. In the end, as long as before you put any money in you ask yourself, “If the price drops by half, can I still sleep at night?”, you can force yourself to set a stop-loss level. Keep your mindset steady—less loss is like profit. I’m going to get to work now ☀️