I find people are really quite strange. When they’re seeing quick profits, they sleep like nothing’s wrong. But when they’re floating in losses, their minds start looping: Did I leave some order hanging too quickly? Did the nonce get stuck and cause the replayed orders to turn out weird… Nothing really happened on-chain, yet first their heart starts racing. In plain terms, loss aversion takes “things might get worse” and blows it up into “it’s all about to be over.” Then you can’t help but start adjusting your positions—moving more and more until everything gets messier.

Recently, I can also understand why people have been blasting that whole “stake again and shared security” setup as being “doll-in-doll.” Stacking yields on top of yields looks very appealing, but once something goes wrong at any layer, a person’s anxiety doubles in a completely unreasonable way. Anyway, I’m doing my best to spell out every step of each transaction, confirm the nonce properly, and keep leverage to a minimum—sleep matters more than those tiny fluctuations.

I still believe this: go slower, understand the structure clearly, and in the end, it will be safer.