Today, looking at on-chain data feels like watching a tide chart; words like "sandwich" and "arbitrage" sound like opportunities, but in reality, many times you're just stuck on the edge of someone else's knife, passively contributing a tiny "cosmic dust" of transaction fees... To put it simply, when I see a trade being sandwiched, my first reaction isn't "Wow, he's really skilled," but rather "Should I pull my hand back?" Sometimes, the more I try to chase that small spread, the more it feels like chasing a shooting star—by the time you look up, it's gone, and you also get your slippage eaten up.

Recently, social mining and fan tokens have become popular again; everyone is talking about attention being the new mining. As I scroll through, I suddenly find it quite mysterious: you think you're mining, but you might actually be providing liquidity and heat for others, and in the end, who gets the transaction fees is really hard to say.

I no longer chase explanations, I accept randomness. Anyway, I now prefer to slow down a bit, rather miss out than become just a small part of someone else's strategy. That's all for now.