Last night I was woken up again by my own floating losses... I didn't even bother to screenshot the small floating profit I had during the day, and as soon as I lose a little, I start repeatedly thinking, "Did I choose the wrong router, did I give too much slippage," my mind replaying like an automatic loop. Honestly, loss aversion is so unreasonable: profits are seen as free gains, losses feel like debt.

On-chain trading is also quite similar to queuing at a supermarket: you see the people ahead, knowing that waiting a little longer is just how it is, but if you pick the wrong line or get jumped, that feeling of "I lost time" amplifies tenfold. Transaction impact costs are similar too; when you finally execute, you realize you've "donated" liquidity to the pool—how can you not be angry?

Recently, the debate over privacy coins/mixing and their compliance boundaries has been fierce. I haven't taken a side, just reminding myself: the greater the uncertainty, the more I should treat placing orders like performing surgery—better to miss out than to lose sleep tonight.