In the past two days, I’ve seen people saying, “Just throw your coins into the pool and lie back to collect the fees,” and it made me want to laugh, but also made me feel a bit uneasy. The AMM curve, to put it simply, is basically you helping the market automatically rebalance—once the price moves, you’re passively selling high and buying low. When the fees aren’t thick enough, once impermanent loss shows up, it really stings. Especially now, with L2s comparing TPS every day, comparing fees, comparing subsidies—it's lively, but the liquidity moving in and out feels more like being pushed along... After I lost money in the moment a few times, I really had the impulse to just exit and uninstall my wallet plugin straight away. In the end, I still held back: I first reduced my position size, and picked simpler pools. Better to be three seconds late than to gamble once.