Recently, I’ve been looking at the on-chain RWA setup, with liquidity on the page all in green, like I pasted all the bright colors when creating a collage… But honestly, when it’s time to redeem, the terms flip: window period, quota, queuing, even “deferable,” instantly turning from a painting into a mosaic. Being able to transfer on-chain doesn’t mean you can get it back; this illusion that “being sellable = liquidity” is pretty easy to get caught up in.

Last night, I even had the impulse to uninstall a certain market monitoring app, to avoid the temptation of clicking randomly, but in the end, I didn’t uninstall it. Instead, I reduced my position a bit, treating it as a practice color block, so it wouldn’t turn into the entire background color.

Also, the economic collapse points of chain games are quite similar: inflation kicks in, studios squeeze in, coin prices spiral downward, superficially lively, but the exit channels are getting narrower and narrower… Anyway, now whenever I see the words “exit at any time,” I first look for the small print. That’s all for now.