Here's the conclusion first: AMM market making is definitely not a comfortable game where you just sit back and collect fees. At least for someone like me, once the inverse indicator kicks in, I start "paying tuition"... The reason is pretty simple: the curve automatically sells high and buys low for you, and when the market suddenly moves, impermanent loss hits you hard first, sometimes the fees can't even make up for it, especially during those volatile days, it just feels frustrating on paper.

A couple of days ago, I got itchy and added some liquidity pools, thinking "Anyway, the airdrop season tasks are as intense as working, might as well earn some on the side," but the task platform still disrespects witches and uses a points system that gives me a headache, and on-chain, the pools are quietly reshuffling my positions... To put it simply, you think you're market making, but you're actually dating volatility—breakups come with a fee.

Now I just control my positions, put in less, and don't expect to break even in one shot. Anyway, I tend to lose money if I get too serious, so that's how it is for now.