Back to collectionA Falling Price Tests Two Different Commitments
The surge after XAI's listing had turned into a decline. XAI closed at 0.848, down 30% in three days. Sisyphus realized that giving the decline a name would not tell him when to sell.
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The surge after XAI's listing had turned into a decline. Sisyphus, who received tokens in the airdrop, still held them and had bought more at a high price. The Night Watchman was a longtime community member who ran a Sentry node. They faced the same price chart, but each had different daily responsibilities.
XAI closed at 0.848, down 30% in three days. The group kept calling it a “shakeout,” and Sisyphus used the word to reassure himself. Yet he looked at his balance and recalculated his average cost after buying more. The Night Watchman's daily report recorded that his node was online as usual. When someone showed him the drop, he replied, “Nothing to do with me.”
Sisyphus realized that giving the decline a name would not tell him when to sell. He planned to write down the loss he was willing to bear before deciding what to do next. The Night Watchman's record kept the node's operation visible. For now, the price argument and the node's condition remained separate matters, while Sisyphus had yet to settle what to do with his holdings.