Last night before bed, I came across another new L2 that is incentivizing to boost TVL. Longtime users in the comment section naturally complained, "Mining, selling..." Basically, attention is fuel; the hotter it gets, the sooner I stop for a break. I used to be easily led by hot topics, rushing in only to realize that what I paid wasn't tuition but slippage tax plus priority fee tax, and I also got my nonce stuck in a queue of transactions getting hammered.

My current clumsy approach: During the first few hours of a hot trend, I only look at whether the on-chain transaction construction and packing order are very congested (failures/replacements a lot, gas prices wildly fluctuating). If it's crowded, I don't join the fun; if I do participate, I try to split the operations into smaller steps and leave an exit route, so I don't end up providing liquidity for "mining, selling" at the last minute. Anyway, when emotions are at their peak, that's usually when it's easiest to get liquidated.