Someone asked me how to set a stop-loss for memes. To be honest, this is pretty hard, because meme pumps and dumps basically don’t follow any logic. Right now, public opinion keeps linking ETF fund flows and US stock risk appetite to crypto in their interpretation, and it sounds plausible. But if you try to apply that framework to a cheap dog coin, you’ll probably get liquidated down to your last pair of underwear. I’m personally more cautious. Before buying, I calculate in advance how much I can afford to lose—for example, setting a warning line for the loan-to-value ratio. When the narrative is hot, I take profits and leave 30%, then I’m out. When it cools off, I cut it immediately—don’t wait for some so-called “consensus” to save you. In plain terms: the excitement belongs to others; your principal is yours.