Recently, I’ve become more certain of one thing: unrealized losses are more annoying than unrealized gains. When I’m making unrealized gains, I just think “Hmm, okay,” and I’m even too lazy to take screenshots; but once it turns red, my mind immediately starts playing movies: should I cut my losses, is there a trap on that bridge again, will I wake up tomorrow to a security incident explosion... Honestly, losses feel like debt collection, while gains are just passing good luck.

These days, the group is again discussing stablecoin regulation, reserve audits, and various “de-pegging” essays. I know most of it is emotional contagion, but I still go check the on-chain flow and see if the pools on the bridge suddenly thin out. My partner nearby complains: “You’re watching those addresses more seriously than you’re watching me...” I can’t really argue.

Anyway, my current approach is: keep my position smaller, don’t scroll the group before bed, or else unrealized losses will really turn me into a detective.