Just saw a whale making a large transfer on-chain. My first instinct was, “I really want to follow…” But then I calmed down—maybe they’re adding positions for a long, or hedging for a short, or even moving money around for arbitrage. Anyway, I’ve been through a few times of chasing price and getting buried, so I’d rather wait two more days, then see what they do next: whether they entered in batches, and whether any funds are locked.

To put it plainly, before copying trades, you need to think it through first: is this money the “capital” they’re using to “plant flowers,” or the “protective gear” they’re using to “shield the flowers”?

Lately, chain games have been pretty rough. I’ve been seeing a lot of “dual-currency spiral” follow-up analyses—when the economic model breaks, the studios pull out, and the token price basically goes to zero. I, for one, don’t touch projects that are mostly about mining for gains. Grinding my way while competing with studios sounds worse than honestly holding mainstream assets and letting them accumulate interest.

What I don’t regret are those “late” decisions—trading time for space, earning less but not losing.