I just reviewed a failed trade from last night, and it’s pretty awkward: I thought setting a larger slippage would solve everything, but the pool depth was too shallow. When I placed the order, someone else happened to jump the gun, and the transaction price was pulled away, turning it into “me raising my own price.” To put it simply, it’s not that I guessed the wrong direction, but that I misjudged the rhythm.

Thinking back, slippage is just “how much loss you’re willing to accept,” while depth is “whether you can actually get filled.” Next time I encounter a small, obscure pool on a chain, I plan to split my orders and wait a bit—don’t rush in all at once; watch the transaction intervals on the chain, and pick a less crowded time to execute.

Lately, meme coins and celebrity shoutouts are heating up again. I understand newcomers chasing after attention, but really, don’t take the final step… It’s like strolling through a night market or squeezing into a subway—when there are too many people, you can only be pushed along. Anyway, I’ll slow down my order placement speed first; better to miss out than keep paying this kind of tuition.