Avoid perpetual shorting, focus on defense, current market risk is extremely high.
【Self‑Reminder Memo 🔥】
I saw it on the TL, but the reason I don’t want to do leveraged trading on Perps is this: when I enter a short position and generate “incorrect profits”, I think I’ll keep hanging onto that success experience forever. I’m not that strong of a person! (lol)
And I can easily imagine that continuously dragging that experience will lead to losing important funds. But by the time you realize it, it’s already too late.
"It would have been better just to keep holding the spot position."
If you end up melting away the valuable funds you acquired from a past airdrop….
If you get so obsessed that you even sell valuable spot holdings to trade leveraged on Perps and end up melting away all your capital….
When you lose, you only then realize how big the loss was, but for most people, by the time they notice, it’s already too late.
Even reliable airdrops are now in a very harsh environment, and things won’t be like the era of zkSync or L0.
I think nowadays, once you hit rock bottom, climbing back up is extremely difficult, so having a defensive stance that is perhaps a bit excessive is actually just right. Especially for a slow‑and‑steady type like me.
So I’m really being careful now. (Or rather, I’m basically doing nothing (anxious))