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Recently, I saw a bunch of people getting hyped over memes and a single quote from celebrities, and honestly, their attention span shifts faster than anyone else.
By the way, it reminded me of the AMM thing: the curve looks very "automatic," but in reality, it’s just passing the blame for price fluctuations onto liquidity providers; impermanent loss is the part you bear on behalf of others.
If I hadn’t been greedy for that small fee at the time, thinking "I’ll just earn passively," I probably wouldn’t have been passively sold out or caught in a knife during a one-sided market, and in the end, it might have been better to just hold steadily.
Now I keep it simple: if I don’t understand the volatility, I won’t be the "last liquidity," discipline is more reliable than fantasies.