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Just slipped into another trade—damn. The depth in privacy coins is really like paper-thin; even my small order goes in and instantly slips by three points. Not to mention big orders. To put it plainly, the wave of my operation just had the rhythm wrong. I saw the order book looked thick and charged in without thinking—turns out they had already been laying in big orders. The moment I entered, I got chewed up completely.
Now the community is still arguing whether mixers are compliant or not. I find it pretty funny. If you can’t even understand on-chain depth, what does compliance have to do with you? Anyway, for someone like me—small retail—I’ll focus on making sure I don’t get sliced by slippage first.
As for the long term: what I define as long term is a quarter—three months. If you can run a whole set of logic within that timeframe, that’s already pretty good. Don’t come at me with talk about years or months; that’s just self-soothing. Weekly timelines are too short. Beyond a quarter is basically magic—anyway, I don’t believe anyone can hold for half a year without moving.