Options, to put it simply, are like a piece of paper that slowly burns over time. The buyer wakes up every day being bitten by the time value, losing money even when the market is steady; the seller is like sitting by the river picking up coins, usually pretty comfortable, but if there's a sudden turn, all the coins they've collected before aren't enough to cover the loss. Recently, I've seen new L1/L2 incentives to boost TVL, with old users complaining "mining, selling," but I actually think it's a bit like selling options: consuming time and popularity, waiting for the emotions to subside to see the real situation. In trading, I prefer to "mechanically wait for the right odds before taking action," rather than "being pushed by the hype to place bets." For now, I don't want to compete with time today.

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