Recently, I flipped through a few more NFT charts, and I really feel that liquidity is genuinely a real-world issue: the floor price looks steady, but underneath, the sell orders sitting there are as thin as paper—one big order and they’ll punch right through. Royalties are even more awkward; when the market is cold, everyone wants to save a few bucks on fees, and as a result, creators have even less motivation, so the storytelling keeps leaning more on “loud calls,” and the community just can’t really get hot. To put it plainly, when liquidity is poor, even the best-sounding stories are easy to turn into self-indulgence.

Also, lately, hardware wallets have been out of stock, and phishing links are everywhere… Now, whenever I see wording like “Limited-time claim” or “Re-sign” I immediately close the page—rather miss out than let someone cut to the front and get into my wallet. Anyway, I still just check slowly, infrequently, and don’t let my emotions drag me into chasing the floor price. Talk again next time.