Stop-losses are really quite like breaking up: you keep dragging it out without making things clear, and every day you’re paying “interest”—attention, emotions, and opportunity costs. The longer you delay, the harder it is to make the move, and in the end the final cut hurts even more. Recently, when I see that the on-chain data and the overall market mood don’t match, I force myself to cut the position by half first. Admitting you misread things isn’t shameful—at least then you can still sleep.

And now everyone’s also complaining that miners/validators are making too much, that MEV makes ordering unfair, and that retail investors always feel like they’re a half-beat behind… In plain terms, at times like this you shouldn’t stubbornly hold on. Your cost structure has changed. If you still treat “waiting for it to break even” as a belief, you’ll easily get worn down until you lose your temper. Anyway, I’d rather take a small loss and walk away than waste time on a clearly mismatched situation. That’s it for now.