I used to love being a options buyer, thinking that "buying possibilities" was pretty cool, but most of the time it wasn't about the wrong direction; it was the time value slowly eating you up every day... To put it simply, you're paying rent, and if the market doesn't move, you're just paying for nothing.

Later, I also tried being a seller occasionally, and my mindset became calmer: you're actually earning from others' anxiety and their desire for immediate results, but you also have to admit, sellers are like picking up coins from the ground—when you bend down, a car can come quickly.

Recently, the heated debate over privacy coins/mixing coins and their compliance boundaries has been intense. It kind of reminds me of options: when the story heats up, buyers rush in, and the time value becomes even more expensive.
That day, I really couldn't understand it, so I decided not to act. After a sleep, I realized that doing nothing is also pretty good—at least my position isn't being slowly eaten away by the "narrative's time."