I found that unrealized losses are really more tormenting than unrealized gains. When you're making money, you think "not bad," but when you're losing, your mind automatically starts replaying a little drama: Did I choose the wrong pool for this swap again, overpaid on gas, set the slippage too loose and got caught... Even though I haven't sold yet, my heartbeat feels like I've already lost money. Basically, it's loss aversion—when the account turns red, it’s like someone’s ringing a warning bell in your ear, and glancing at it before bed makes it even harder to sleep.



Recently, everyone has been comparing RWA and government bond yields to on-chain yield products. I just want to laugh listening to it: no matter how much the yield is written to resemble "government bonds," the congestion on the chain, the edge of clearing, and contract risks can still wake you up in the middle of the night. Anyway, I’ve learned my lesson now: set smaller goals, like only aiming not to chase high prices, not to swap during congestion, and to always calculate the worst-case slippage before placing an order... As a result, I stick with it longer, and my sleep isn’t as easily disturbed by the account.
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