Many people say that buying options is like "buying a lottery ticket," but I think it's more like buying time: the time value you pay is gradually worn away each day, and the seller benefits the most. The seller receives the premium, assuming you can't withstand time decay; if the market doesn't move, you slowly lose. But conversely, when a big wave of volatility hits, the buyer's convexity suddenly presses the seller to the ground... So the first thing I ask myself when watching the market isn't the direction, but whether this volatility is fast enough, big enough, and whether I can beat time. Recently, that "compound yield" staking method has also been criticized as a copycat, superficially offering more returns, but underneath, it's actually packaging time and risk and passing it on to later participants. In the end, who is paying for whom? Don't pretend you don't see it. Overall, the concept of time value is pretty ruthless.