Lately, looking at on-chain data has made me a bit less confident... You think you're watching "real-time," but in reality, there are several layers between you, like nodes, RPC, and indexers. When RPCs are busy, requests get queued or dropped, and indexers have to finish scanning blocks before they can give you the data, so the transaction you see might already be a few minutes old. Sometimes different websites show different data for the same event—it's pretty outrageous but also normal.

What I fear most isn't losing money, but relying on delayed data to boost my confidence, only to get caught up in the wrong rhythm and get more and more excited. Now I prefer to go slower, check two sources before important actions, because on-chain data is just a reference—don't be hypnotized by the phrase "I saw it on-chain."

By the way, recently the NFT royalty debate has been heated. Many people are screenshotting "on-chain sales/revenue" to argue back and forth. Don't take it too seriously—when data definitions change, the story can be spun in two different ways. Anyway, I prefer to stay conservative and not let tools lead me around by the nose.