Just saw an RWA project packaging US Treasury yields as on-chain products. Honestly, it’s a bit tempting, but then I thought again—isn’t this just fixed-income with a new shell? For someone like me who likes to wander around aimlessly on obscure chains, what I’m really afraid of is “things that look stable.” When I’m down, I can still fool myself into saying “wait a bit.” But when I’m up, I can’t sleep—I keep thinking whether I should run, afraid that I’ll wake up to find all the profit is gone.

To put it plainly, when it comes to trading psychology, I’m increasingly convinced it’s not about “conquering” it, but about “practicing” living with it. It’s like going into a mine: bring enough lights and rope, know which stretch of road is prone to collapse, fall, climb back up, dust yourself off, and keep going. Lately, comparing on-chain yield products side by side with traditional US Treasury yields makes me a little dizzy, but anyway, I’ll just first get familiar with my own small position before making a move.