I just went back and checked a few liquidity pools I added at the beginning of the year—basically a refresher on the lesson of impermanent loss. 🌚 Honestly, the AMM curve looks simple, but once you get immersed, you realize market making isn’t “easy money” after all—it’s more like active management, just with the timing shifted into choosing pairs and adjusting ratios. Especially now that market sentiment keeps swinging, it’s all calendar unlocks and anxiety over staking unlocks everywhere; it’s easy to get dragged along by “fear of sell pressure” and forget why you originally chose that pool.

Right now I tend to use a “dumber” approach: pick mainstream pairs with relatively small volatility, then set a simple threshold line—if the price deviates too far, I manually pull back part of my position. I don’t expect to capture every last bit of movement. Put simply, leaving room matters more than chasing the highest possible yield.

I want to ask friends who are also market makers: how do you deal with this “curve volatility + emotional interference”? Or do you just lie flat and let the bots handle it?