I used to always misunderstand that stop-loss is just "giving up," thinking as long as I hold on, it will come back.

Now it feels more like a breakup, dragging it out and not letting go is what causes daily interest payments: attention, emotions, opportunity costs are all bleeding, admitting defeat early is actually easier, at least I can go back to sleep.

I sometimes see on-chain fund flows like a whirlpool in a teacup, at first pretending nothing's wrong, the more you stir, the more chaotic it gets, and finally you realize you've been holding on stubbornly.
Recently, there's a lot of noise about NFT royalties, which is basically a tug-of-war over "stay or leave": creators want stable income, secondary markets want smoother liquidity, each has their own pain points...
Anyway, my current approach is very simple, if I make a mistake, I cut it, don’t let emotions get into the position, that’s it for now.