Back to collectionSisyphus Confronts the Habit of Holding
The excitement after Bitcoin broke USD 100,000 had not carried over to XAI. On Saturday, Sisyphus recalled another chance to reduce his position when XAI had been above 0.4, and how he had once again done nothing. His hesitation did not change his position, but it showed him that continuing to hold also needed a reason.
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The excitement after Bitcoin broke USD 100,000 had not carried over to XAI. Although a time had been set for the smaller keys to go on sale, holders still faced a declining price. Sisyphus, present since the airdrop at the start of the year, again had to decide what to make of the position he had kept.
On Saturday, Sisyphus recalled another chance to reduce his position when XAI had been above 0.4, and how he had once again done nothing. In the group, someone described waiting for the next rebound as a plan. He nearly agreed, then admitted that he had never written down conditions for selling. Holding had become a habit that spared him from making a fresh choice.
His hesitation did not change his position, but it showed him that continuing to hold also needed a reason. He intended to list the conditions under which he could accept reducing it before deciding whether to act. No one knew when the price might return to that threshold, and he could no longer give his indecision a flattering name after the fact.