Recently, I realized that my sensitivity to unrealized losses is truly ridiculous. Even though I haven’t sold, my heart is like it just incurred a real loss. In the middle of the night, I still get up to take a look at the on-chain activity and the order book. On the flip side, unrealized gains feel very “light.” When the price rises, it’s just a “oh,” and at most I screenshot it to send to a friend—then I sleep as usual. To put it plainly: losses feel like they’re reminding you, “something might be going wrong,” while gains are just the icing on the cake—my body doesn’t believe it at all.

Lately, Meme and celebrity trading callouts have been rotating people’s attention at a dizzying speed. Newcomers charge in harder than anyone. When I watch liquidity pull back, I get even more anxious. The old player’s line, “don’t take the last baton,” sounds kind of corny, but it really works. Also, I need to remind myself of this: I treat simplicity like a trap— the more an “opportunity” can be explained in just a couple of sentences, the more I have to think first about where the exit door is. That’s it for now.