Lately, I really feel like I’ve been “caught” by the attention economy: when the hot topic changes, the mood in the group jumps with it, and I also get an itch to chase a couple steps. Later I realized the easiest thing to get taken advantage of isn’t the direction—it’s the repeated back-and-forth: buying right after there’s no heat, and selling just when it starts to surge back.

Now I draw myself a little map: first, check whether the money really flows onto the chain (not just hype-filled narratives), then check whether the hype is only being built up by reposts. Like lately, comparing RWA and US Treasury yield rates against on-chain yield products—basically, it’s bringing “interest you can understand” over as an anchor. But on-chain, there’s an extra layer of smart contracts / redemption-drain (bank-run style) risk. When hype heats up, everyone just stares at the numbers instead of the path, and that’s how it’s easy to step into traps.

Anyway, I’d rather miss out than chase. If I really want to participate, I’ll keep a small position and write exit conditions in advance—otherwise, once my attention shifts, I end up becoming liquidity.