Recently, I keep seeing a bunch of people tying together ETF capital flows, the U.S. stock market’s risk appetite, and the crypto space’s price swings to talk about the market. It sounds pretty smooth, but I’ve realized that the moment I follow this kind of narrative, I’ll basically get repeatedly harvested the instant the spotlight shifts during the next round of hot-spot rotations… Put simply, attention is the real cost.

I trust “habits” more than “talent.” For example, whenever I feel like chasing the hype, I wait overnight first—then if I still want to buy the next day, I’ll do it. Another example: I only focus on two things. First, whether this wave of hype actually brings in real users (don’t make the on-chain interactions too fake). And second, whether fees and the overall experience have improved (L2 is the most direct indicator). If not, then forget it—I’d rather miss out than rush to catch up. After all, the market has new stories every day. I just treat it like taking a walk around the neighborhood: where it’s cheaper and faster, that’s where I go—don’t let the shouting pull you along.