Being slow has its own advantages. Recently, whenever there’s even a hint of change in interest rates, my fast-moving friends have adjusted their positions through several rounds, while I’m still taking my time and watching. Basically, in plain terms, this macro stuff comes through with a delay—no matter how high risk appetite is, you can’t force your way into low-quality altcoins. It’s better to wait until the sentiment settles before acting.

As for those re-pledging “matryoshka” games—there’s been a lot of controversy lately. Things like shared security and compounded yields sound pretty cool, but if you stack it layer by layer and the underlying layer has an issue, what then? I don’t understand it, so I won’t touch it. What I fear most isn’t being slow—it’s being reckless.