Previously, in the NFT secondary market, I was taught to be a good person, and the biggest misconception was "as long as I see it clearly, that's enough."

Later, when I played with options, I realized it was even more ruthless: the time value is constantly deducting your life every day.
Buyers are like paying rent; if the market doesn't explode, they get worn down until their mentality collapses.
Sellers look like collecting rent, but in reality, they're hanging outside a tall building cleaning windows, and an occasional gust of wind can wipe them out completely.
Honestly, it's like exchanging tail risk for a sense of stability.
The turning point was these past two days, when I saw everyone criticizing MEV, unfair ordering, and validators earning too much.
I realized: the time value is also quite similar to that "invisible tax."
Who does the buyer pay?
They pay market makers/sellers, and also the on-chain queue that isn't necessarily fair, following a first-come, first-served system.
Anyway, I no longer blindly believe in "win rate," and I care more about exit strategies:
Buy small positions as tickets, and sellers shouldn't pretend to be miners collecting tolls—if the wind gets strong, just run.