Just now in the group, people were again talking about "a certain stablecoin losing its peg" and "there's something fishy about the audit," a bunch of people getting emotional. I instead took my phone away for two minutes. Honestly, at times like this, it's easiest to mistake "re-staking/sharing security" as free gains: one principal, earning double the interest, sounds great, but the risks are also stacking up, just no one sends you a bill. Security is indeed shared, but the problem is that when something goes wrong, it's also shared... I still stick to my approach: act only at key points, be a bystander at other times, prefer to earn less than to mistake illusions for certainty. That's all for now.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin