Stop-loss really is a bit like a breakup: the longer you drag it out, the more you think, “Just wait a bit longer and it’ll come back.” The result is that every day of watching the market makes your heartbeat speed up, and the interest/opportunity cost is quietly being deducted. Plainly speaking, admitting you were wrong at that moment is the hardest part, but once you cut it off, you actually feel a sense of relief—you can eat normally again.

Recently, those Layer2 “verbal spats” comparing TPS, fees, and subsidies are also the same issue: the more vicious the arguing gets, the easier it is to get swept up, chase in and chase out, and in the end, it’s still your emotions that pay the tax. With my social anxiety, I won’t join the debate—I’ll just keep an eye on active addresses and the flow of funds. Set it up, and if I’m wrong, delete it… anyway.

First, revoke a few useless authorizations, then record today’s stop-loss point.