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Recently, I’ve been reflecting on why I can’t sleep peacefully whenever I have floating losses. Clearly, for the same amount of floating gains, I can pretend I didn’t see it… Basically, it’s probably loss aversion, as if a small amount on the account is stolen from me, even if I haven’t sold yet. Conversely, when I make a profit, I feel like “it will be taken back eventually,” and I mentally discount it.
When I organize my airdrop list, I stay quite calm, and I can list all the steps clearly. But once I hold positions, I tend to be easily driven by emotions, especially lately with meme and celebrity calls taking turns. Newcomers rush in like a relay race, and I truly believe the veteran players’ advice not to take the last baton. Now, my boundary is: I don’t need to be understood, but I shouldn’t pretend to be strong. If I can’t sleep, I reduce my position or stop trading; anyway, I can write the list again tomorrow.