Recently flipping NFT floor prices feels like watching a pixel mini-drama: when there are more people, it’s lively; and the moment it gets a little quieter, liquidity is like being snatched away by a cat… Sometimes it’s not that the project is bad—it's just that everyone’s patience is gone. Royalties are also kind of awkward. To put it plainly: if you don’t charge them, creators can’t eat; if you do, trading gets thinner, and the second the floor wobbles, there’s even less chance someone will step in and take the bag. Even with a great narrative, it’s still easy for things to cool off.

These past few days, the group chat has been circulating more talk about stablecoin regulation, reserve audits, and de-pegging rumors. I’ve realized that emotions really can spread: I was only hesitating at first, but after scrolling through a few posts, I started thinking, “Should I run?” The word I’ve set for myself now is “practice”—practice not letting group chats lead me, practice only getting involved with positions I can afford to lose, and when the narrative cools down, just treat it like watching an episode; don’t force yourself into the big finale. Anyway, I’m still learning, so I’ll start with that.