Recently, there’s been more talk in the group about narratives like parallel chains and sharding. When the chat gets lively, I actually become a bit more alert… It’s not that I don’t trust the technology—mainly it’s that it’s too easy to mentally turn “the chain is fast” into “the money is safer.” These days, when I do anything interactive, I basically start by writing down a small note: in the worst case, how do I withdraw? Where do the funds come in and where do they go out? Has the authorization been revoked? Do I need to go through a bridge, and if I do, will I be able to get everything out afterward? In plain terms, think through the exit path clearly before discussing participation.

The macro side is also pretty noisy—rate cut expectations, the US Dollar Index—while everyone debates how risk assets move up and down together. Listening to that, I’m even less willing to use leverage… My habit for staying calm is: for any new project, wait 24 hours first and don’t rush in on the spot. The next day, if I still want to do it, I’ll recalculate the costs and the witch risk—if I can accept it, I’ll try with a small amount; if not, then I’ll just pass and watch from the sidelines.