Yesterday I paid tuition again: I chased a new listing, saw a candle spike and got itchy, so I tossed it in at market price—and the slippage literally ground my face into the floor. To put it plainly, it wasn’t that I misread the direction; it was that I ignored the depth. The pool is so small, and there are people抢ing it before and after— the more I panic, the more expensive it gets. After the trade fills, it immediately pulls back, like I’m getting “passed the baton” at a high level—right in the spot where I shouldn’t have been.

When I replay it, the timing of my orders really is deadly. Break big orders into smaller ones: first place a few limit orders to test the waters, observe the matching/execution speed, then decide whether to add; or just wait until the volatility calms down before moving—don’t act when everything is loud and end up donating liquidity. What I fear most isn’t just losing money; it’s knowing I’m being eaten up by slippage and emotions, yet still forcing myself to find excuses like, “the market is moving too fast.”

By the way, I keep seeing everyone talking about modularization and DA-layer narratives—developers seem pretty excited, while users look completely lost… Anyway, I’m only watching one thing: when depth is insufficient and the narrative is hyped, that’s when the “price looks like you can buy it, but actually you can’t” situation happens most easily. That’s it for now—I’m keeping my hands tied today.