My biggest feeling when watching the market recently isn’t that someone pushed it up again, but that the interest-rate “string” keeps tugging at my emotions: when money is expensive, everyone’s risk appetite contracts, and even if your position is firm, you subconsciously want to lighten up; once expectations start to loosen, it’s also easy to take “there’s still room to charge a bit more” as a signal. In other words, that little sense of security in your heart is being transmitted.

Why am I getting an itch to act? Actually, I’m afraid of missing out—especially when I see all kinds of testnet incentives and point expectations flying everywhere. In the group chat, they guess every day: “Will the mainnet issue tokens?” That kind of lively buzz makes me mistakenly think I should be more proactive too… But when I think it through calmly, the buzz doesn’t equal retention, and points don’t equal a product.

So what I’m doing now is kind of old-fashioned: if macro conditions are tighter, I treat my position like an umbrella and fold it in; when I get that itch, I go read through the project’s update logs, and only after I’ve walked through the whole thing do I decide whether to add more. Besides, it’s not a big deal to move a bit slower. That’s just how I do it for now.