Yield Farming Mistake: Forgetting Impermanent Loss

Been diving deeper into DeFi over the past few months, mostly exploring yield farming strategies on various protocols. My biggest lesson so far has definitely been a painful reminder about impermanent loss, specifically with a $ETH-$USDC pool I was in. I got caught up chasing high APY numbers early on and didn't properly account for the price divergence risk. ETH started ripping pretty hard, and while I was happy to see the price action, when I eventually pulled my liquidity, the actual return was significantly less than what I'd anticipated from the raw yield numbers, because the pool had rebalanced out of my ETH and into more USDC. It sounds obvious now, but at the time, I underestimated just how much of a bite IL could take out of the overall profit. It really highlighted the need to run through scenarios with projected price movements for both assets in a pair, not just look at the current APY. Now, I try to factor in expected volatility and potential divergence much more rigorously before committing to an LP position, especially with volatile assets.