These days, I’m again debating whether to be a options buyer or seller. Basically, time value is about who’s patience is being eaten away. The worst for buyers: even if the direction is correct, you have to run fast enough, or else every morning feels like a little rent deduction; sellers look comfortable, collecting "rent" every day, but once a trend confirms a big move, the small gains from earlier are not enough to cover the acceleration. I’m currently quite cautious—if there’s no trend, don’t force buy time; those emotionally driven trades are the easiest to turn into "tuition fees."

By the way, I also thought about the collapse logic of chain games, which is similar: inflation + studio + coin price spiral. The longer it drags on, the more it’s a slow bleed, and whoever can’t hold on will die first. Anyway, I now prefer to make fewer moves—missed opportunities are missed, at least I won’t keep being treated as an ATM by time.