Recently, when looking at stablecoins, some people are still dismissing "brief de-pegging" as nothing, and I get a bit itchy to buy in. Basically, I want to prove I can catch the panic bottom and win a psychological battle... But upon reflection, de-pegging is often not about price; it's about the run-on sentiment: what are the reserves, can they be redeemed at any time, and when information is unclear, everyone will run first and ask questions later. Disciplined, I now only give myself one action: wait for transparency updates and whether the redemption channels are smooth, then consider adding positions; otherwise, it's just betting on faith and liquidity. The inflation + studio + coin price spiral in chain games is actually similar; when it collapses, it's not the mathematical model that fails, but people's confidence. Anyway, I’d rather miss out than be caught in a run on a "seeming cheap" asset and get educated.