In the past two days, I’ve seen a lot of people saying, “Just dump it into the liquidity pool and you only need to pay the fee,” and it makes me want to laugh… The AMM curve, put simply, is you automatically buying low and selling high. When volatility picks up, the number of coins you end up with will be passively distorted—impermanent loss isn’t some kind of mystery. I’ve backtested a few straightforward rules: whether the fees can cover it mainly depends on the ratio of volatility to trading volume. Don’t count on lying back and winning. Also, lately hardware wallets have been out of stock, and phishing links are everywhere—exactly in times like this, don’t try to cut corners and start approving permissions at random. I’m even testing with small amounts first now; honestly, being slower is better than losing everything.