Last night, I got a little itchy and made a small trade, and ended up being educated by myself... Clearly, the price difference wasn't big, but once I entered, the slippage directly swallowed up the profit, and I also took some reverse volatility. Looking back, it was actually very simple: I pushed too hard because the pool depth wasn't enough, thinking "just a little bit, it should be fine," plus I was too hasty with the order placement, clicking twice in quick succession, which was basically me raising my own price.

I used to always say "I only look at on-chain data," thinking that data is the most honest. Now I realize I was also stubborn; on-chain can show depth and transactions, but it can't show my impatience in that moment... Conversely, "only looking at emotions" also doesn't work. When I'm caught up in emotions, even if the on-chain data is clear, I tend to ignore it.

Recently, the collapse of chain games with inflation + studio + coin price spiral is actually like an amplified version of slippage: when liquidity is thin, selling pressure all comes together and causes a stampede. Anyway, I still prefer to be honest—stake more, move less. If I really need to trade, I split the orders, go slow, and don't argue with myself.