Last night I was stupid enough to do that: I saw the on-chain trade flashing, and once my brain heated up, I chased it—and the slippage directly educated me… To put it simply, it wasn’t that I was wrong about the direction; it’s that the pool depth was too shallow + I placed my order too urgently. If I’d split it into two or three smaller orders and posted them slowly, it wouldn’t have ended up like that. Looking back: first check the depth before talking about “conviction,” especially with memes—when the hype and the trading volume don’t line up, don’t force a push.

And lately, there’s been a certain kind of commentary that ties ETF fund flows, US stock risk appetite, and up-and-down moves in the crypto market into one interpretation. I’ve seen so much of it that I also get an urge to jump in, but when it actually comes time to place an order, I still have to go back to something very real: “Will this slippage eat up my position?”

By the way, today I also unfollowed an old account that always loves to use emotions to set the pace… I used to think it was kind of interesting, but now I realize that when I get tense, I end up following his FOMO. Anyway, first I’ll wean myself off it—stay calm, and take it step by step.