Just reviewed last night's failed trade, and honestly, it was pretty stupid... At the time, seeing the lively activity on the chain, I hesitated and increased the slippage, thinking I could "guarantee the transaction," but the pool depth wasn't enough at all, and the price was pushed up by myself, resulting in only a small part being filled while the rest got stuck, completely messing up the rhythm. To put it plainly, slippage isn't a shield; depth is the real confidence. When placing orders, you need to take it slow in several steps, or else it's like sprinting too hard at the start of a night run and then running out of breath later.



By the way, I saw the community arguing again about privacy coins, coin mixing, and compliance boundaries. In the end, no one convinced anyone, and I just don't want to follow that trend of chasing after quick waves, especially when liquidity is thin, which makes it easy to be influenced by emotions and transaction fees.

Tonight, I'll first take screenshots of the depth of a few main pools on the common Layer 2s I use regularly, and also write down the rules for splitting orders in my notes, just like that for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin