Lately, I’ve been looking at options, and the more I look, the more I feel that time value is like a little vacuum cleaner… The buyer wakes up every day to get a little “sucked” by “time”—if the market doesn’t move to the level, it slowly goes to zero; the seller looks like they’re collecting rent on the surface, but if a big wave of volatility really hits, the bit of premium they’ve built up in front may get spat back out in an instant. To put it plainly, you’re using “fear of the unexpected” to exchange for “fear that it won’t happen.” I’m pretty laid-back myself; if I really want to participate, I only dare to be the buyer—paying tuition. If I lose, I just accept it. Don’t sell tail risk to yourself.

By the way, hardware wallets have been out of stock lately, and there are more phishing links too. The more it’s like this, the less you should get antsy and start signing or authorizing at random… What I’m most afraid of isn’t missing out on an opportunity—it’s instead that one time I casually clicked a link and sent the coins I’d saved away. That’s it for now.