I just reopened my stop-loss order... To put it simply, a stop-loss is really like a breakup, dragging it out without admitting defeat, only continuing to "pay interest" on the books: time costs, emotional costs, and that dull pain of being afraid to press the button as the price drops further. After watching on the blockchain for a while, you'll find that many big losses aren't caused by a single blow, but are slowly dragged out—small losses that aren't cut, until liquidity thins out and slippage becomes large, making it even more expensive to exit. Recently, the meme hype and celebrity shout-outs have taken off again, and newcomers are easily led by attention shifts, but seasoned players advise against taking the final step, and I believe that. Anyway, I’d rather admit my mistake early, keep my mind clear, so I’ll have bullets for the next time.

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