That was a bit of a false alarm just now: I accidentally copied an extra character in the address while transferring funds, and my heart rate spiked the moment I clicked confirm... Luckily, the on-chain warning was incorrect, so I withdrew and started over. Honestly, this kind of moment reminds me not to be too confident, and definitely not to jump to conclusions based on just a few data points.

Recently, I’ve seen everyone plotting stablecoin supply, ETF inflows, and OTC funds all on one chart, then starting to say “so it will go up / go down.” The correlation looks pretty convincing, but that doesn’t necessarily mean causation, right? Where the money comes from, how it gets in, and whether people are willing to stay on-chain—there are several layers in between.

There’s also been a lot of buzz comparing RWA, US Treasury yields, and on-chain yield products. My feeling is: don’t mistake “appearing similar in returns” for the same kind of risk. Anyway, I prefer a long-term approach—less trading when there’s a lot of noise, and taking it slow.