My biggest lesson in these years is: holding spot positions is difficult because the position size is too large, and getting liquidated in futures is because it's still not big enough... Simply put, it's about position management: making sure you can sleep at night. Treat spot as "slow money," and when you buy, assume you'll endure some drawdowns. Don't use the rent money you need to pay to follow your faith; futures are even simpler, with only two approaches—either small enough to withstand a needle prick without blowing your mind, or just not touching them at all. Recently, I've seen everyone comparing RWA, US bond yields, and on-chain yield products, and I get tempted too, but what I care about more now is whether I can exit anytime, whether on-chain settlement is smooth, and whether the confirmation numbers give you face... No matter how good the returns are, once you hit a block, you'll understand. Anyway, I now prefer to earn a little less than to experience "waiting until dawn for finality."