Recently, everyone has been talking about stablecoin de-pegging, and it feels like the essence is still these four words: “panic psychology.” People usually say they trust reserves and audits, but the moment there’s even a hint of turbulence, everyone starts competing to see who can run faster. Reserve transparency is obviously important, but let’s be honest—transparency can only ease half the anxiety. The other half is that inner voice that says, “What if it all goes wrong…?” My habit with stablecoins is this: don’t put blind faith in a single issuer. If you can diversify, do it. And if you’re able to swap easily whenever you need, don’t just keep it sitting there for the long term—so you don’t end up adding drama to yourself.

By the way, recently the staking unlock/token unlock calendar has been brought up over and over again. The anxiety about selling pressure spreads from one person to ten, and then to a hundred—so it’s very similar to how the emotions around de-pegging spread. This long-term thing isn’t really a talent; it’s more of a habit: write the uncertainty of whether the worst-case scenario could “blow up” into the process first, and don’t wait until people start shouting in the group chat before you’re scrambling. In any case, I’m socially anxious—I don’t want to be squeezed into the same door as everyone’s emotional reactions.