Last night I was so stupid: I saw that on-chain "funds flow" just starting to swirl like tea leaves, and I rushed to chase it. As soon as I opened the slippage, the depth was thin, and I drank the pool in a few bites, causing the transaction price to drift away significantly. Honestly, it’s not that I had the wrong direction, but that I was too hasty with the order placement; a slight shake of the hand turned into "carrying the boat for someone else." Later, after reviewing, I realized that placing orders slowly in two steps and waiting a few seconds for the match to take a bite could save a lot of costs.

Recently, with all the testnet incentives and token expectations, everyone in the group is guessing whether the mainnet will issue tokens. I’ve also been a bit carried away by the emotions, feeling like “if I don’t get in now, it’ll be gone.” My roommate was also complaining next to me: “This isn’t trading, it’s opening blind boxes…” Fine, I’ll first lower the slippage, and if the depth isn’t enough, I won’t go all in. Better to miss out than get educated.