I just saw a post that ties together ETF fund flows, risk appetite in the U.S. stock market, and crypto’s up-and-down moves into one analysis—it’s quite lively to look at. The truth is, whether you believe it or not, these macro narratives are often “steering the market,” and in the end, when they land on each person, it’s usually not the direction of the price movement—but people’s operating habits.

Honestly, I’ve told people around me many times about the issue of granting unlimited allowances for contracts. Many people do it for convenience—just tap approve and grant infinite approval, like not locking your door when you go to sleep. You think it can’t happen to you, but someone really will slip in and empty your drawers. I have a friend who did exactly that: he played a new project, and in a moment of convenience gave it an unlimited approval. Then that project was hacked that summer, and all the little tokens in his wallet were swept away. Later he told me it felt like discovering in the middle of the night that his bedroom door was left open—ice cold down his spine.

Now many wallets will remind you, but most people click “Confirm” faster than blinking. Personally, I prefer to authorize each contract separately—approve only what you need, for only the amount you need—and revoke immediately after it’s used. It’s not a hassle to me; I treat it like checking the doors and windows before bed. In any case, if you lose money, you’re the one who has to take the hit—don’t wait until something really goes wrong to regret it.

In one sentence: Trust isn’t reliable—permissions have to be kept under control.