Recently, someone has been talking about AMM market making "lying down and collecting fees," and it makes my skin crawl... The curve is there, and when the price deviates, impermanent loss follows. To put it simply, you're using your position to exchange for a smoother return, not just free money.

Adding to that, the current staking and shared security "profit stacking" system is being questioned, which actually has a similar vibe: it looks like each layer is generating income, but risks are secretly increasing at every level.
My mom also asked me, "Aren't you just putting your coins in to get dividends?" I could only reply half-heartedly: It's not dividends, you're actually wrestling with the price fluctuations.
Anyway, I stick to my discipline—set the range, ratio, and stop-loss lines in advance, and don't be hard on myself.