Last night’s trade was really a case of my own stupidity... I thought it was just a small pullback, so I hesitated and chased in, but the slippage completely stunned me. To be honest, it’s not that I was wrong about the direction, but I was “pushing hard without enough depth,” the order book looked pretty thick, but the moment the actual trade executed, it felt like I was stepping into thin air, buying more and more expensive, completely messing up the rhythm. Later, when I looked at the on-chain transactions, it was clear I could have split it into several smaller orders and fed them slowly, but I insisted on swallowing it all at once, almost like sending myself into a liquidation hot zone.

By the way, recently there’s been a heated debate about privacy coins and mixing coins, with the compliance boundaries tearing people apart. I’m actually more anxious: if liquidity gets scared away and the depth thins out, dark slippage like this becomes more prone to issues. Anyway, I’d rather miss out in the future than force trades when I’m emotionally overwhelmed… Forget it, I won’t talk about it now, I’ll just tighten the risk control thresholds again.