Let me share my own rule: stop-loss is like a breakup—the longer you drag it out, the more it hurts, and the interest only keeps compounding. Once you’re losing money, don’t stick around hoping it rebounds. The more you wait, the deeper it gets, until you can’t even preserve your principal.

Anyway, my current approach is simple: set a hard stop-loss, and if it hits, get out—no hesitation. The time and energy you save can go toward watching other coins, or you can just lie back and do nothing.

Recently, it’s airdrop season, and the task platform’s anti-sybil measures have been pretty strict. The point-based system makes the “free-money” crowd hustle like they’re at work. On the project side there are all kinds of rules, so our pace has to keep up. Anyway, my strategy is to first make sure the stop-loss is in place—don’t hold onto positions just waiting for an airdrop, because the interest costs more than the gas you save.

Of course, this is just a personal habit and doesn’t constitute advice. Anyway, retreat first, and we’ll talk about the rest later.