Had a few strong brews of tea and stayed up all night Since I had nothing better to do, I did some trades. When it comes to projects like this, I think the key to making money is not trying to hit it big in one go. I don’t really go for these kinds of long positions anymore because liquidity isn’t as abundant as before—9 out of 10 won’t last. For shorting, it’s all about waiting. Wait until there’s a significant pullback with volume, then short on the rebound. If the funding rate quickly normalizes after that, even better. When it gets close to neutral, roll the position once. Keep the position size small—if you can make a profit, great; if not, just let it go. I usually have two stop-loss strategies for these: 1. Double-up stop-loss: This means I only place an order with an amount I’m okay losing even if the coin doubles in price. Never use a 30% stop-loss or something like that—tried it a few times, and you’ll lose everything before you know it. 2. Funding rate stop-loss: If the funding rate doesn’t drop but instead increases for three consecutive hours, and the daily rate exceeds 15%, just cut your losses. Usually, this means they’re trying to hold the line and milk the money, so don’t waste your time. Be a small-time player and aim for outsized returns. It’s not a problem to make some extra gains here and there. The key is: don’t be greedy, don’t go all-in, and don’t overthink it.