Meme coins are having a lot of fun lately—looks pretty wild, but to be blunt, it’s just musical chairs. Like fireworks and like weeds: when it’s dazzling, everyone wants to rush in, but once the narrative breaks, anyone who runs late may not be left with even a single root.

Keep doing those re-staking “matryoshka doll” strategies—stacking yields on top of yields. It sounds scary, but isn’t it just wrapping the risk in multiple layers of sugar coating? People tout “shared security,” but I feel more like they’re betting on who will be the last one stuck holding the bag. My own stop-loss rule is simple: no matter how good the story sounds, once losses hit my principal limit, I cut off immediately. Don’t argue with your money.

In any case, the excitement in this space is for other people—the principal is yours. Don’t keep thinking about getting the very last bite. Getting out alive matters more than anything.