I find that my tolerance for floating losses is far lower than for floating gains… When I’m making money, it’s like, “Mm, not bad.” But when I’m losing, my mind starts to replay everything: did I enter too late, should I trim my position, is there still a chance it’ll bounce again? To put it simply, floating losses are like someone knocking on your door in the middle of the night—if you ignore it, it keeps knocking. Floating gains, on the other hand, are like a red envelope someone passes by; if you miss it, that’s that.

Recently, I’ve been getting a lot more of that feeling from the whole play-to-earn / blockchain game economy thing: when inflation kicks in and studios move in, the coin price spirals downward. Before you even have time to enjoy being up for two days, you’re first “educated” by the drawdown until you can’t sleep. There’s also more noise—one moment in the group it’s “buy the dip,” the next it’s “go to zero,” and if you listen long enough, your mindset starts to sway along with it.

My noise-reduction strategy is kind of old-school: I don’t obsess over minute charts, and I don’t refresh my view based on group emotions. I just keep two or three on-chain indicators plus my own pre-set stop-loss/take-profit price levels. When it reaches those points, then I check; if it doesn’t, I just treat it as if it doesn’t exist… for now, that’s it.