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After finishing yoga, I glanced at the options market and suddenly remembered, "Who is the time value eating?"
As a buyer, the hardest part isn't misreading the direction; it's that even though you think it will go up/down, it doesn't happen within the days you want.
Time chips away at patience like a small knife, little by little.
As a seller, frankly, it's collecting rent, relying on the market not following the script most of the time.
But occasionally, a pinprick comes through, and all the gains you made before have to be given back, and it depends on whether you can hold up or not.
Recently, there's been a heated debate in the group about privacy coins, coin mixing, and compliance boundaries, and it feels a bit like:
Buyers think, "I want freedom," sellers think, "I'm taking on risk and earning time fees," and once rules are involved, everyone's emotions get heated.
Anyway, I'm now more concerned about what I'm actually selling/buying, and not to get too excited and treat "conviction" as a position.