These days, I keep seeing people on-chain talk about “sandwich” attacks and all kinds of arbitrage, calling it an opportunity. But most of the time, what you’re really seeing is just other people paying upfront fees to get in line early. It’s not that you can’t participate, but you have to think it through first: are you following a plan to “eat the meat,” or are you getting emotionally carried away and turning into someone else’s fuel?

The same kind of thing applies to NFT royalties as well—creators want income, the secondary market wants liquidity. They argue back and forth, and in the end, a lot of the friction costs still end up landing on ordinary people… Anyway, I’m placing orders more cautiously now. If I can set a limit price, I will. I’d rather have fewer trades than get squeezed.

What I fear most isn’t losing money—it’s losing control. Once you start thinking, “I have to get this back,” your stop-loss stops being part of the plan and turns into a prayer instead. For now, that’s it.