Forget about stop-loss—it's almost just like a breakup. At the beginning, I even thought, “Wait a bit more; maybe I’ll break even.” But the longer I dragged it on, the deeper it went. In the end, when I finally cut my losses, I lost a whole chunk to the interest too. It would’ve been better to admit defeat right from the start—at least you wouldn’t be tossing and turning all night, and you’d save on some fees.

Recently I’ve been seeing all those celebrity meme callers; the old hands keep shouting, “Don’t take the last baton,” yet somehow someone always has to rush in anyway, insisting on being the bagholder. Anyway, I don’t believe it. Once that liquidity on-chain dries up, everyone at the top of the mountain knows who’s going to get dumped.