These days, meme culture has become lively again, and I do watch it, but honestly, what I’m afraid of isn’t losing a little money, but being dragged by emotions into continuously adding to my position and refusing to admit I was wrong.

So my “stop-loss” for myself is more like a process: first, figure out what this position is—whether it’s a narrative play or just emotional trading;
once the narrative turns sour (like losing hype, people starting to argue in the group, liquidity thinning out), then step back according to plan, don’t expect to “wait it out.”
Recently, the set of pledging and shared security has also been criticized as “copycat,” and my feeling after hearing that is: returns can stack, but so do risks, don’t use a new story to extend the life of an old position.
My approach is like making backups: separate the main position, trial-and-error position, and observation position, so at least there’s a clean copy if something really goes wrong, and I can keep drawing the map without everything collapsing at once.