Whenever I saw a trending hot topic, I’d feel the itch to jump in, afraid of missing out; in the end, most of the time I’d get stuck in “the single hottest hour,” being led around by the attention economy... Now I set myself a dumb rule: first, see where the money is going, which bridge/which liquidity layer has a gap, and whether I can exit smoothly. If I can’t clearly make out the exit route, then even if the narrative is bigger, I’ll treat it as if I didn’t see it.

Recently, this whole setup of restaking, shared security, and stacking yield—getting criticized as “nesting dolls”—honestly, I really understand it. Put simply, it’s just packaging the same risk in a better-looking way. I used to calculate the returns first; now I start by assuming the worst: the bridge pauses, something goes wrong with the validators, and the TVL gets sucked out and turns empty. Then I ask myself whether I can still not panic. Moving slower really saves money—anyway, I don’t want to be among the people trapped on the other side of the bridge.