V-shaped reversal, sideways trading—go short       ...suitable for shorting...  $ETH

The AMM curve looks pretty elegant, but you only learn what “impermanent” really means after putting real money into it—literally, your coins often mysteriously get fewer. I provided ETH-USDC liquidity for a while; when the market moved sideways, the fees were decent, but once it started trending in one direction, the unrealized loss on paper far exceeded the little bit I earned in fees. Put simply, you’re betting on volatility, and if you lose the bet, you’re stuck in the position. Now people on the NFT side are also arguing about royalties: creators want to get paid, buyers want to resell cheaply, and platforms are caught in the middle, cutting back and forth. It feels pretty similar to being an LP—everyone wants to earn passively, but when it comes to liquidity, someone always has to pay the price. Anyway, I don’t touch high-volatility stuff anymore. Trying it with a small position is fine, but providing liquidity with a large position? No thanks, my heart can’t take it.