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Forget stop-loss—it’s really quite similar to a breakup. The moment I started to feel something wasn’t right, all I could think was, “Wait a little longer—what if it rebounds?” In the end, the more I dragged it out, the more I lost; even the interest I paid just went to waste. I have a friend who, every time he finally takes a stop-loss and cuts his losses, berates himself with, “Why didn’t I do it sooner?” But next time, he still can’t bring himself to sell. To put it plainly, people are prone to getting fixated on sunk costs—the same way they stubbornly refuse to let go in relationships.
Recently I’ve been watching those “wool-collecting” crowd in the scene. Their points system is set up like clocking in for work. The task platforms run anti-bot measures so aggressively that they don’t even recognize their own mother, and they grind every day until 3 a.m. Before the airdrop even lands, they’ve already burned themselves into panda eyes. Does this count as another kind of “breakup”? If you can recognize it sooner and run away earlier, why not spend that saved time and energy on something else. Anyway, I’m not going to “date” these kinds of projects—I’m just too tired.