I used to place orders quite randomly; when I saw on-chain alerts go off, I would jump in.


As a result, this time I got educated by slippage: I thought the price looked okay, but at the moment I confirmed, there wasn't enough depth, and the trade kept pushing up.
Looking back, it felt like I was just lifting my own carriage...
Now I’ll just be honest, first check if the order book is thick, then slowly place two or three small orders.
I'd rather miss out than chase; after all, I mainly do sleep mining, so missing is okay.
And those on-chain data tools and tagging systems, recently they've been criticized for being laggy or misleading, right?
Now I treat them more as “alarms”—just wake me up.
If I really want to act, I still need to look at the current liquidity and rhythm.
Don’t exhaust yourself with too much internal conflict.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin