Last night I lectured myself again: I thought the pool was pretty deep, but as soon as I entered, the slippage wiped out all the profits. To be honest, it’s not the market tricking me, it’s that I placed my orders too hastily. If I split them into two or three smaller orders and waited a few seconds to see the order book replenish, my costs would look much better. From now on, I’d rather miss out than be fooled by the words “filled.”

By the way, recently some people have been complaining that on-chain data tools/tags are lagging and can still be misleading. I’m also starting to lose faith in those “smart money” tags. A few days ago I followed a dashboard, and today I unfollowed it… Watching for too long just makes me more anxious. I’d rather stick to honestly analyzing depth, slippage estimates, and my own order pacing. That’s the plan for now.