What is scarier than greed is the obsession brought on by sunk costs ❤️

Today I spoke with a sister who lost all her savings in an investment scheme a few days ago. Initially, she just casually invested tens of thousands of yuan "to support a friend", but then the system suddenly froze her account and required her to pay a thawing fee.

In order to recover the more than 30,000 yuan she had already invested, she became almost possessed, continuously increasing her investment, even maxing out her credit cards to gather over 300,000 yuan. It wasn't until she completely ran out of money to invest that she realized she had been scammed.

In investing, it’s easy to fall into this psychological trap: when faced with glaring "sunk costs", rationality tends to go offline.

It's like standing on the edge of a cliff picking up coins, with thoughts of "just one last try", forgetting that there is an abyss beneath. In fact, the courage to cut losses in time is the rarest wisdom in investing. $BTC $ETH #ETH突破2500 #新闻交易 #山寨季何时到来