Lately, memes have been really lively, and when the narrative comes together, people tend to get overly excited… I’ve now set my stop-loss very “emotionless”: first, I think clearly about what I’m actually betting on this time—whether it’s emotional diffusion or genuine sustained buying on the chain; once the narrative starts to turn sour (like uniform messaging in the group, or KOLs starting to repeat themselves), I consider it already in the second half, and even if it’s still rising, I’ll withdraw some profits.

I also look at on-chain data tools, but honestly, the tagging system can sometimes be quite lagging, and it can even be misled by momentum, chasing the “smart money” label, only to find that I’m the one exiting liquidity as the “smart money” moves away… So I rely more on a habit: when entering, I write down “the conditions I will admit I was wrong,” such as breaking below a certain structure, a sharp drop in popularity, or liquidity suddenly thinning out, and then I automatically execute without trying to justify it to myself. Long-term survival isn’t about talent; I just rely on these dumb habits to keep me going.