These days, I've been seeing a bunch of "sandwich" and "arbitrage" screenshots on the blockchain again, and I do feel a bit envious: someone makes a trade and casually turns your slippage into their fee. To put it simply, you think you've caught an opportunity, but in reality, you might just be working for the faster person.

Now I don't pay much attention to how lively the projects or pools are in the group anymore; I focus on the mechanism first: how deep the liquidity is, how the routing goes, whether there's protection (at least don't default to unlimited slippage). If I really want to go in, I’ll split the amount into smaller parts, turn on limit orders/limit slippage, and prefer to earn less than to become a teaching example.

Also, with some regions tightening taxes and compliance, the expectations for deposits and withdrawals change, making everyone more eager to "settle quickly." During such times, it's easier to get caught in the middle... Anyway, I’ll slow down first and not race with emotions.