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In the past, when I bought options, I just did it for the "what if,"
If it went up, I considered it fate; if it didn't, I took it as tuition.
Later, I realized that time value is really quite real:
If you're the buyer, it eats away at you every day;
If you're the seller, it pays you every day, but sometimes a single blow can wipe out a whole month's gains.
Now I pay more attention to whether I'm actually buying volatility or just betting on the direction,
Anyway, don't use "I feel it's about to move" as a reason...
Recently, there's been a lot of heated debate over privacy coins and mixing coins regarding compliance boundaries,
It reminds me of options: you think you're buying freedom, but you're actually buying uncertainty,
And in the end, who gets eaten by time and rules, it's really hard to say.
For now, that's it, I'll review again tonight.