Over the past couple of days, watching the options board has made me want to laugh a little and feel a bit drained: buyers are hoping for a “big move” every day, and the time value gets deducted hour by hour, like rent. Sellers look steady on the surface and collect the money from time decay, but if you strip away the gloss, they’re basically betting that nothing weird will happen. The moment a real black swan shows up, the little bit of premium you had collected beforehand is basically just a tip.

Lately I’m more inclined to lower my goals first—stop always thinking that one shot will turn everything around. As long as I can slow down the pace of losses and keep myself alive longer, that’s good enough.

By the way, I also saw the group arguing again about privacy coins and coin mixing compliance. No matter how they keep arguing, it all comes down to the same issue: when you truly want to run, where is your liquidity exit? Don’t wait until later to find out that “consensus” is just a door that locks.