Lately, this attention economy has really driven people crazy.


Whenever a hot topic switches, I get itchy to chase, only to realize I’m just a liquidity transporter.
Honestly, being cut many times isn’t usually because the target is terrible, but because your mind is still stuck in the previous narrative of “it should still go up.”

My current clumsy method: first check if the funds are “really coming in,” or if the same group of people is just flipping from left to right to hype it up;
then look at the emotional turning point. When the group starts to unify their stance and everyone can clearly explain the logic in one sentence, I become more cautious.
Like recently, the pledge/share safety setup, with compounded yields being criticized as “circular,” I’m not in a rush to pick a side.
First, ask: who is actually paying for the source of the returns?
If the answer is evasive and relies on later people to keep the cycle going, I’d rather miss out.

For safety, I’m willing to take an extra step: every time I try something new, I first test the process with a small account and small amount,
and also revoke permissions along the way.
It’s a bit troublesome, but at least it prevents me from reviewing everything in the middle of the night with a racing heart…
Anyway, taking it slow doesn’t cost much.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned