If there is a give-up, it means that a person actively gives up putting their efforts and time into something; it is an active loss. If there is a loss, it means such a loss has happened passively, not from the person's own willingness.
When to give up is a question, and such a judgment cannot be standardized for everyone. There is a key indicator from another imagined emotion, regret, and even a stronger and invisible emotion that will consume a person’s future capacity for the current decision.
If imagining a give-up will bring future regret, then it’s not a good time to give up. There must be something unresolved. If there won’t, just do it. And generally, such a give-up will happen naturally.
There is a loss; however, there is no debt from future consumption for the current decision — it’s a positive investment.
If such a current decision to give up brings future regret, no matter how right the current decision seems from an outside perspective, it will borrow the future capacity to fulfill the current “I am right”.
However, “I am right” is a rational judgment; what remains behind is the invisible emotions. Even though the current unwillingness to give up is wrong, it only consumes your current capacity until it comes to an end. It’s a loss in the current, but such a loss is an experience.
Even if there is a loss, there will be a positive in the future. That’s balance in time.