Don't you ever feel that sometimes on-chain "opportunities" look pretty tempting, but in reality, you're just paying tuition for others... I was watching a swap last night, the price difference looked great, I was itching to jump in, almost did it, but then I thought: with my current volume, entering the pool is just like sending food to a sandwich, after being squeezed between two trades, I’d also have to pay fees for arbitrage bots.

Now I prefer to put aside whether I can make money and first think about how not to get liquidated: small trials, batch trading, avoiding hard trades during congestion, better to miss out than to provide liquidity. Honestly, many arbitrage opportunities aren’t something you discover; they’re just waiting for you to light the fuse.

The kind of collapse in blockchain games is pretty much the same feeling: when inflation kicks in, studios rush in, token prices slip, and the remaining players are just passing the cost along... Anyway, now when I see "high yield" or "sure profit," my first reaction isn’t excitement, it’s to check if the parachute is still there.