These days, I was awakened again by the meme narrative. To be honest, it's lively, but I'm most afraid of mistaking "story" for "liquidity." I usually don't rely on feelings for stop-loss; I first cut my position small, then watch two things: whether the on-chain depth is suddenly drained, and whether the trades are being squeezed ridiculously. Recently, there's been a lot of complaints about miners/validators eating up too much, and MEV causing unfair ordering. When I encounter those situations where a buy immediately slips, and the next second is squeezed from both sides, I basically just assume the market is pushing people out. I prefer to miss out rather than hold on stubbornly. There are many tutorials, but I actually like those that talk about "how to survive," like how to design positions and exit strategies, which are more practical than narratives about tenfold gains. Anyway, I have one rule: can I still sleep soundly in the worst-case scenario.