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I just got schooled by myself again: cutting losses is really quite like a breakup—the longer you drag it out, the more it hurts. I clearly knew this position was off, yet I still stubbornly held on, waiting to “get back to break even.” In the end, transaction fees and time costs piled up together, and my mindset got worn down too. On the contrary, the moment you grit your teeth and admit you’ve got to take the loss, your head feels clear, and you can even sleep more soundly at night.
Over the past two days, everyone’s been chatting about social mining and fan tokens, and people say, “attention is mining.” It sounds lively, but I’ve always felt that attention is more like fuel—the harder you burn it, the easier it is to run out. When the market gets anxious and volatile, you feel like you can recover by chasing hot trends. But really, it’s more likely to turn a breakup into a messy, unfinished ending.
I’ve learned my lesson now and adjusted my goal down: make fewer impulsive trades—if I can exit according to the plan, that’s a win. Going slower is fine too. After all, even if the chain gets congested again, patience is cheaper than emotions. That’s it for now.