As a beginner, I used to think that “not cutting losses” was what it meant to have control—if you just took the hit and held on, you’d eventually break even. And as long as you didn’t sell, it “didn’t count” as a loss... Now I understand: stop-loss is more like a breakup. If you drag it out without cutting cleanly, both your emotional cost and your opportunity cost rise—and you even have to pay “interest” (your time and attention get tied up). Recently, I’ve been seeing the funding rate get extremely extreme again. In the group, people are arguing whether it’s a reversal or whether the bubble is still being squeezed. I’m actually more alert: at times like this, it’s easiest to lose your head and add more to your position or do averaging-down. To put it simply, admitting you’re wrong a little earlier makes both your wallet and your mind feel lighter. And the position you free up can be used to do some side quests to recoup. That’s it for now—don’t keep fighting yourself.

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