The group is again sharing images like "a certain stablecoin is about to depeg" or "regulators are about to crack down," which gives me a headache... When emotions run high, it's easy to get itchy and chase after so-called arbitrage opportunities. Honestly, you think you're exploiting price differences, but most of the time you're just paying for someone else's sandwich.

I just casually looked at a certain pool, and before a single swap was confirmed, someone already inserted a transaction in the mempool to skew the price, then later added another to take it back; the "good price" you see on the chain is just a fleeting illusion in those few seconds. Some routes even go around in circles, with seemingly small slippage on the surface, but the fees and impact costs are hidden inside the path. Anyway, I now prefer to do fewer trades, first figure out the actual amount received before and after the transaction, or else I might end up just becoming a liquidity withdrawal ATM after working all day.