Paid my tuition again yesterday. I originally wanted to quickly buy and sell during the volatility, but I got too excited and bought at market price directly, not checking the pool depth, and got hit with a big slippage; what's more embarrassing is that I chased and added another order, completely forgetting about the "order placement rhythm." After reviewing, there are actually only two points: when liquidity is thin, don’t pretend to be brave, place orders in batches more slowly, better to miss out than to force a slippage.



Recently, there have been a bunch of testnet incentives and token expectations, and everyone in the group is guessing whether the mainnet will issue tokens. I also get itchy to join in, but thinking about it, such times make people more impatient, and the more impatient you are, the more the market goes against you. First, stick to your own position rules, at least don’t make the same slippage mistake again. Stay calm.
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