I just took a look at the points leaderboards of a few testnets and found something interesting. A lot of people actually didn’t lose because the project rugged—they lost because they priced their points in advance. A testnet is basically a practice ground; the airdrop is like a bonus. But once you start expecting it to have “returns,” setting a psychological stop-loss becomes especially hard.

I’ve been thinking these past two days: should I, during interaction, set a direct “time investment limit” for myself—if I exceed it, I pull out? It’s the same idea as stopping losses when you’re losing money.

As for the recent discussion putting RWA and on-chain yield together, I still feel that even if U.S. Treasury yields are high, they can’t be higher than the “expectations” in your head—

What I fear most isn’t being slow. Being slow means you can still adjust your pace. When things go wrong, all your reference points fail at the same time, and you can’t even find a standard for stop-loss.

That’s it for now. After all, the data will speak—let’s see how the money flows, and then decide the next step.