Lately, I've been staring at those "opportunities" on the chain until my eyes hurt. The more I look, the more it seems: you think you're arbitraging, but you're just being used as a side dish in a sandwich... When a slippage triggers a big move, and fees are deducted, what's left is just money spent on someone else's late-night snack. Honestly, some pools you just want to jump into, and before you know it, someone is already there "safeguarding" your position, protecting you until your costs skyrocket.

What's even funnier is that now everyone is rushing to testnet incentives, stacking points, and guessing whether the mainnet will issue tokens. I also get the itch to try a few trades, but then I think, no mainnet release = wasted effort, and if they do release, it might get cut off by the witch rules, so I hold back. Anyway, I’m the type who talks about value investing but chases gains and cuts losses in practice. The moment I see the words "risk-free," I get carried away... Better to break down trades into smaller parts and not chase the crowded routes, so I don’t end up becoming someone else’s fee. Let’s chat again next time.