Yesterday I paid my tuition again. I originally wanted to take advantage of a small fluctuation to swap some positions, but I ended up stepping into a slippage trap: seeing that the spread wasn't big, I thought I could just place an order, only to find that the pool depth was insufficient. The execution kept scraping downward, and in hindsight, I was actually better off than I expected. Basically, I was too impatient—placing several smaller orders, waiting a few seconds, or even just placing a limit order would have been better than my all-in gamble.

Recently, everyone has been speculating whether projects will migrate during the upgrade of that mainstream public chain, and I’ve seen a bunch of emotional posts. But what I care more about now is: when the chain is congested or matching/ routing slows down, pools with shallow depth are more likely to lead people astray. When the rhythm gets disrupted, it’s all just “market education.”

Let me make a “backup” for myself: before placing an order, prepare a set of contingency plans—how much slippage I can tolerate, if the depth isn’t enough, then cancel, or gradually execute in batches. Don’t let a single impulsive move turn your account into the only copy… Anyway, I’ll stick to this for now, and today I won’t get itchy to trade.