Yesterday I got careless again and threw a buy into a fake pool. The order book looked pretty thick, but I hit a market order—slippage immediately took 0.3% out of me. When I looked back, turns out that “depth layer” was all robot limit orders. The moment my trade went in, the price collapsed by five price levels. Damn—0.5% just disappeared like that. Honestly, it would’ve been better to set a limit order and eat slowly instead.

More awkwardly, it happened to coincide with a big token release day on some unlock calendar. Once sell-pressure sentiment kicked in, the order book liquidity was instantly drained. My trade was a textbook case of “giving myself a chance to lose money.”

So now I’m being responsible. Before placing an order, check the depth chart—don’t just stare at the candlestick chart and rush in. Why are you so impatient? The market isn’t going to close the door just because you wait an extra two seconds. During times when unlock anxiety is flying everywhere, liquidity is inherently unstable. Moving slower means less slippage, which beats pretty much everything.

Don’t listen to how other people shout for trades. Split your order, take it in batches—or just wait until the volatility passes before acting. I don’t have any big grand principles. I just want to say: control your position size, don’t do a post-mortem before sleep—go to bed and fight again tomorrow.