Recently, the liquidity of NFTs really depends on "how I feel": when the floor price drops, the order depth immediately thins out, the buy-sell gap widens, and even managing small inventories can be easily swept out with one or two trades. Royalties are also awkward—truthfully, everyone wants to save costs, but without royalties, the community loses some ongoing motivation. It’s okay when the narrative is hot, but once the hype cools down, it’s just floor prices stepping on each other... I now prefer to slowly place small positions, even if the curve is a bit flatter, and avoid chasing hot trends.

Additionally, hardware wallets have been out of stock lately, and there are especially many phishing links. There are a bunch of fake sites in the group offering "airdrops and claim rewards," making it really hard to guard against. Anyway, I’d rather miss out than click on unknown links, so I keep my wallets layered and stored separately.

That’s it for now. I’ll go over my frequently used address whitelist again and then widen the price spread for tonight’s orders.