Recently, I saw again the quarrel in the secondary market over royalties being manipulated, basically everyone just wants more certainty: creators want future cash flow, while traders complain about high costs and limited liquidity. But if I had to choose, I care more about whether "the rules can be sustained"; if today there are no royalties and tomorrow they are suddenly added back, that instability is more discouraging than paying a little more.

Recently, on-chain, there’s been a surge in staking unlocks, token unlock schedules, and a wave of selling pressure anxiety, which is quite similar to the royalty disputes—both are asking: will I be diluted in the future, will I be taken away? Anyway, my current approach remains the same three principles: don’t stay up late watching the market, don’t heavily bet on narratives, and when encountering projects that change rules, just observe first; taking it slow is also fine.