- Mining. My average acquisition cost was sitting well above spot for months.
Started doing the math obsessively. What if I'd waited. What if I'd bought differently.
None of that was connected to the thesis. The supply cap didnt change. Nothing that mattered changed. A number on a spreadsheet was making me feel like I screwed up.
Mining broke it. When you understand exactly how blocks get produced, how difficulty adjusts, how the supply actually works the price stops feeling like a verdict. It's just where the market is today.
Cost basis is a record of past prices. Thats it. The only question worth asking is whether the thesis still holds. If it does, keep buying. Your average will move.
If it doesnt, the cost basis was never the real problem anyway.