Seeing that everyone has made a lot of money with Brc-20 and inscriptions, Xiao Xiong fell into anxiety. I wonder why every time I see others making money, but when I rush in, I become the one who takes the blame?
After thinking about it all day yesterday, I figured it out:
My rhythm is to continue to buy eth spot to the previous high, and then take out 30% of the position to build a copycat to make up for the increase. During this period, I have been persisting in raising money, replenishing myself with funds, and obtaining low-priced chips.
In these three years from 2023 to 2025, I believe that as long as I stick to the currency circle, I will be able to seize at least 2 opportunities!
10,000 US dollars, 10 times twice, can you calculate how much it is?
Three years, I only need it twice, huh!
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Figured it out? Figured it out, bullshit! It’s just a way of comforting myself who didn’t make any money!
Since you can't make money, and you don't want to be emotionally impulsive to take over the deal, then learn the basics with Little Bear. If you build the basic skills well and lose less money, you will have the opportunity to make money in the future!
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March 12, 2020, the famous “Black Thursday”. On that day, global financial markets and cryptocurrencies plummeted wildly, and countless people were liquidated until they lost all their money and their families were destroyed.
- Bitcoin down 40%
- Ethereum fell 32%
The 312 plunge directly affected DeFi protocols and stablecoins that are closely related to the price of Ethereum
In particular, MakerDAO's DAI stablecoin system encountered an unprecedented test on this day. Due to the violent price fluctuations, many users have suffered huge losses when trading using DeFi platforms. Rapid changes in the market cause users' trades to be filled at extremely low prices - this is slippage.
The 312 plunge was the result of a combination of factors, including global uncertainty caused by the COVID-19 pandemic, liquidity demand, investor sentiment, and the impact of leveraged trading...
The lesson of this day is that even the most stable and reliable systems may not be able to withstand the effects of slippage during extreme market conditions.
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What is slippage #LearnwithCIAN
Slippage is a common term in DeFi, especially when executing on DEXs (decentralized exchanges) like Uniswap, SushiSwap, or PancakeSwap. Essentially, slippage refers to the difference between the expected price of a trade and the actual execution price.
1. What is slippage rate?
Definition: Slippage rate measures the difference between the expected price of a trade and the actual execution price, usually expressed as a percentage.
Slippage rate = (execution price - expected price) / expected price
Explanation: A positive slippage means you received a better execution price than expected, while a negative slippage means the execution price was worse than expected. For example, a slippage of -1% means the trade was executed at a price 1% worse than expected.
2. Why does slippage occur?
Liquidity pools: Most DEXs use liquidity pools instead of traditional order books. These pools contain funds deposited by users and facilitate transactions between two assets. The price of an asset is determined by the ratio of assets in the pool. Large trades can significantly change this ratio, affecting price and causing slippage.
Volatile Markets: In highly volatile markets, prices can change rapidly. The market price may have changed before the transaction is confirmed on the blockchain.
3. Reduce slippage
Set slippage tolerance: Most DEXs allow users to set a maximum slippage tolerance. If the slippage caused by a transaction exceeds this tolerance, the transaction will not be executed.
Trade during less volatile times: Slippage tends to be higher during times of high market volatility. If possible, trading during calmer market hours may reduce potential slippage.
Consider different DEXs or paths: Some DEXs may offer better liquidity or pricing for specific assets, thereby reducing slippage. Some DEX interfaces even allow for “multipath” trading, spreading trades across multiple liquidity pools or DEXs to get the best price.
![](https://public.bnbstatic.com/image/pgc/202311/415d8e4f6334e6c3449a7d59c4ef8de6.png)
This knowledge point is provided by @CIAN_protocol Defi Class
End of article
Come on, stick with it for three years, and we will definitely get rich
![](https://public.bnbstatic.com/image/pgc/202311/abf2042f2cca7859b7d77c3a8e497cd9.png)