Unrealized losses really torment me more than unrealized gains. I haven't actually sold anything, but my mind feels like I've already lost in the account history... On the other hand, when I have unrealized gains, I subconsciously act as if nothing happened, afraid that if I get too happy, I’ll get itchy to add more positions. Basically, it's loss aversion messing with me: losing a little makes me want to "correct" immediately, constantly checking prices and the blockchain, and the more I watch, the more I can't sleep.



Now I try to treat myself like a robot: before entering a position, I first write down whether I can handle the worst-case scenario (interaction costs + the psychological budget for potentially going to zero). If I can't handle it, I don't touch it; if I do enter, I put the "exit conditions" in the notes, so emotions don't suddenly change the plan. Recently, I’ve heard rumors of increased taxes and tighter or relaxed compliance in certain regions, which shifts deposit and withdrawal expectations. The losses then seem more locked in, and anxiety doubles... So I’d rather do fewer trades than stay up late and tough it out. For now, sleep is more valuable than those small fluctuations.
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