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Last night I paid my tuition again... Clearly, it was just that small amount, but when I rushed in, the slippage hit me hard and left me stunned. The order book depth was actually very thin, and I still naively placed two market orders, splitting the buy, completely messing up the timing. Thinking back now, it might have been better to place small orders to test the waters, wait for the rebound, and then add more—maybe it wouldn’t have looked so bad.
Recently, everyone keeps mentioning staking unlocks and token unlock calendars. I also get caught up in the anxiety of “Will it all disappear if I buy in now?” but honestly, the more panicked I get, the easier it is to click confirm carelessly. Today, I pulled that order out and made a small chart: the order book depth at the time, the slippage I set, the price difference at execution—all written down to remind myself not to be stubborn anymore.
What I don’t regret is… at least this time, it made me more honest: before placing an order, check the depth first, don’t be lazy about the slippage, taking it slow really isn’t shameful. That’s all for now.