Just reviewed that botched trade from yesterday… I originally wanted to take a small position just to test the waters, but I made a dumb move and hit market price—then the slippage directly “educated” me. After checking the trade details, I realized the depth was ridiculously thin: the first bite was still fillable, but the following bites were all “price-chasing.” My order timing was too rushed, and I couldn’t even be bothered to place staggered split limit orders. To put it bluntly, I treated myself like a liquidity ATM.

Now that I think about it, if I really want to enter a pool like this, at the very least I should first check how much there actually is in the order book/the pool, then eat it slowly in several rounds—or just place a limit order and wait. Recently, hardware wallets have been out of stock, phishing links are flying everywhere, and everyone keeps talking about security. But somehow I ended up getting “hammered” by “trading security”: don’t click the wrong links is the bottom line, and not clicking random market orders is important too… Let’s see.