📊 $CAKE
Holdings Daily Report｜Day 13
📅 November 13, 2026
Yesterday I was still thinking about quitting crypto, but today I couldn't resist adding to my position again.
Honestly, even I think I'm being a little contradictory.
💰 Current Holdings
Holdings: 12,595.29 CAKE
Added today: 1,005.29 CAKE
Purchase price: 1.701 USDT
Amount invested this time: 1,710.00 USDT
Total invested: 24,217.19 USDT
Average cost: 1.9227 USDT
Current reference price: 1.7700 USDT
Current market value: 22,293.66 USDT
📉 Profit and Loss
Unrealized P&L: -1,923.52 USDT
Return: -7.94%
To break even: needs to rise by approximately 8.63%
💭 A few thoughts from today
Just a couple of days ago, I was saying I really didn't want to keep doing this and was planning to sell everything and get back to my life.
But when CAKE dropped to 1.701, I ultimately chose to add to my position again.
I don't know whether this is sticking to my convictions or whether, deep down, I'm still unable to let go.
I've always believed PancakeSwap is a project with real business revenue, and that CAKE has long-term potential thanks to its deflationary mechanism.
But the market doesn't seem to care about any of that.
The price keeps falling, while the market still hasn't validated my investment thesis.
The hardest part isn't losing money. It's believing I've done my research thoroughly, only to find that I still can't change the outcome.
After adding to my position today, my average cost fell from 1.9419 to 1.9227.
My cost basis has certainly come down, but I've also put more of my capital at risk.
This made me realize:
Lowering your average cost doesn't mean lowering your risk, and adding to your position doesn't necessarily mean you're closer to success.
If CAKE keeps falling, the losses I'll have to bear will only grow.
I used to think the most important thing in investing was seizing opportunities.
I'm gradually realizing that managing risk, managing emotions, and knowing when to stop are just as important.
I still believe in DeFi's long-term prospects, but I also have to admit that my judgment could be wrong.
What I need to think carefully about next isn't just how much higher CAKE can go, but how much I'm willing to pay for this conviction.
I chose to add to my position today, but I don't want to rely on putting in more money to comfort myself every time prices fall in the future.
📌 One-Year Investment Plan | Day 13 / 365
From expecting to get rich quick, to wanting to get out, to adding to my position again today.
These 13 days have documented more than just investment gains and losses—they've captured an ordinary investor's struggle between greed, fear, reluctance to give up, and reason.
I hope that someday, I'll truly learn to invest rationally.
Making money matters, but life matters more.