🧠 Sunk cost fallacy — trading’s most expensive ā€œI’ve already taken this much lossā€ way of thinking.

Cycle:
1ļøāƒ£ Took a position, price went down
2ļøāƒ£ Exiting = ā€œaccepting the lossā€ — the brain makes holding feel free
3ļøāƒ£ But every day you hold has an implicit cost: the alternative use of that same capital

The rational question: ā€œWith today’s information, if I didn’t have this position, would I take it?ā€ If the answer is ā€œnoā€ — then holding is an ego-driven decision, not a strategic one.

This isn’t a ā€œcut everythingā€ message — your stop-loss and thesis should be decided in advance. Emotion comes later; the plan comes first. šŸ“‹

$BTC
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