The Vibe: Throwing good money after bad just because you’ve already lost a bunch.
The Details: In crypto, it’s when you keep holding (or even buy more of) a coin that’s crashing because you’ve already invested a lot and don’t want to “waste” that money. You ignore the current reality (the project might be dead or overvalued) and focus on what you paid instead of what it’s worth now. This emotional trap turns small losses into huge ones—classic bagholder behavior.
Pro Tip: Always evaluate your positions fresh: “Would I buy this today at this price?” If no, sell and move on. Cut losses early—your past spending is gone forever (sunk), it shouldn’t dictate future decisions.