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Last night I paid my tuition again... I originally wanted to make a big move in one go, but the depth of the pool was just that shallow. I still forced it, and when I slipped the slippage was too loose, the execution price slipped and I was completely stunned. To be honest, it’s not the market tricking me, it’s that I was too hasty with my order: chasing after the rise, buying in batches without distinction, not waiting for a pullback, and in the end, turning into “helping others carry the sedan chair.”
Now I’ve set smaller targets: I’d rather take fewer bites, first confirm that permissions are okay and funds are flowing normally, then try with small orders, tighten the slippage, and if the depth isn’t enough, just forget it. Anyway, my wallet isn’t a wishing pond.
By the way, I saw the debate in the group about privacy coins/mixing coins and compliance. I don’t take sides, but the more they argue, the more I feel: the more blurred the boundaries are, the less you should rely on “probably fine” as risk control. That’s all for now.