A couple of days ago, I saw US bond yields acting up again, and I suddenly understood why my hands would tremble: when yields rise, everyone's risk appetite seems to be muted, and positions also lighten up. To put it simply, it's not that I'm cowardly, but the air itself seems to be written with "don't be impulsive."

I once truly encountered the principle of "if you don't understand, don't act"—a new economic model for a blockchain game being hyped like a perpetual motion machine.
I kept watching the token issuance curve, and it looked more and more like inflation was about to take off. When the studio entered again, the token price would drop, spiraling downward...
In the end, I just put my hands in my pockets and sent a cat emoji in the group chat, and sure enough, it collapsed afterward.
Anyway, now when macro conditions tighten, I dream less, save more bullets, and wait until I can explain things clearly in human language before taking action.