I don't think that's it. I write pretty much exclusively typed code, except in places where I've not managed to get everything set up properly (mainly old Vue2 code). And even then, imports are unidirectional: JS can import TS, but TS can only import other TS files.
As to the "world of uncertainty", this lasts surely less than 100ms for me, certainly little enough time that it feels instantaneous. Usually I get feedback as I'm typing, sometimes if I'm doing things in new files I need to save the file first, but either way, my IDE is consistently fast enough that I know immediately if my code type checks or not. There is no downtime here at all.
As for seeing the code change, I usually have the page open on a second monitor, so I press "save", and glance over to my second monitor, and with live reload and a good configuration (that's harder to achieve on some projects, I grant you), I'm usually already looking at the results of my changes.
In practice, I very rarely have any uncertainty about what typescript thinks my types are - this information is always immediately at my fingertips. Where I do have uncertainty sometimes is whether the javascript types match the expected typescript ones - this often happens when I'm dealing with third-party libraries, particularly when `any` types start popping up. In that case, it's occasionally useful to ignore the type checker altogether, play around with some different cases, and then come back to ensuring that the types match later. That's just not really possible if you're treating the type checker and the compiler as an all-in-one unit.