Recently, I discovered that my most genuine "risk indicator" isn't volatility, but sleep... Even a tiny unrealized loss causes my mind to automatically amplify it into "Oh no, did I hit a mine?" Waking up in the middle of the night, the first thing I do is grab my phone to check if my liquidation data has an extra waterfall; but when I'm floating profits, I feel very calm, and I even think "Maybe the market is lending me money," in short, my loss aversion is just too extreme.

These days, I've also seen people compare RWA, dollar bond yields, and on-chain yield products together. I look at them too, but mostly to see who is bearing the volatility and run risk behind the scenes, because no matter how pleasing the yield numbers look, they can still torment a person.

My partner also complained about me: "You act like nothing happens when you make money, but when you lose a little, it feels like the sky is falling..." I thought about it, and it seems to be true. Maybe I should just do that—less focus on K-line charts, more focus on my own emotions.