I did something different with $NIGHT this week.
I tried to find reasons not to hold it.
Not flaws in the tech — that’s easy. Early systems always look incomplete. I was looking for a reason the market might simply ignore it.
And one stood out.
Timing.
Midnight Network is building for a world where on-chain activity meets regulation and real-world constraints. The problem is… that world isn’t fully here yet.
I’ve been early on “correct narratives” before. It feels smart at first, then turns into dead capital while the market chases easier stories.
So I’m adjusting.
I’m still holding a position. The direction makes sense.
But I’m not expecting the market to care immediately.
Some trades pay for being early.
Others punish it.
I’m treating this like the second — until proven otherwise.