Last night I paid my tuition again… I thought I’d take advantage of low volatility to do a small arbitrage, but the moment I stepped on the gas, the slippage directly wiped out the profit and I even ended up paying extra. I reviewed it—frankly, it wasn’t that the strategy is that bad; it’s that I didn’t check the pool depth. The amount in the orders I placed couldn’t possibly hold up my “confidence.” And on top of that, my order timing was also too rushed; when I saw the candlestick chart looked like it was about to rain, I rushed out to gather the clothes—only to get soaked when the rain stopped.

Why did I crash?
Because I treated “able to be filled” as “able to be filled at the price I want”…

Recently, everyone has been talking about testnet incentives, point expectations, and guessing whether the mainnet will issue tokens. Anyway, what I care about more right now is: don’t chase the hype just to stay hot—first set the slippage properly, then split orders and execute them slowly. If I lose, at least let it be a clear loss. That’s it for now.