Unrealized losses really can be more unsettling than unrealized gains and keep you awake at night. Frankly, it's not about how much money is lost, but that constant self-questioning of "Did I do something wrong?" that keeps ringing in your mind. When you're making unrealized profits, it's easy to get carried away, thinking you have good judgment, but as soon as there's a pullback, you start obsessing over candlestick charts, repeatedly refreshing on-chain data, and the more you look, the more anxious you become.

Recently, there's been another wave of attention shifts driven by memes and celebrity calls for trading signals. It's normal for newcomers to jump in for the thrill, but the phrase from veteran traders, "Don't take the last baton," sounds harsh. In reality, they're just afraid you'll tie your emotions and positions together. My approach is a bit simpler: allocate enough position size so that even if I lose, I can sleep peacefully. The rest is left to time. If the narrative tide really pulls back and exposes the truth, then I’ll just consider it tuition… Never mind, I won't talk about it now. I’ll go put my phone away.