I find that unrealized losses really affect sleep more than unrealized gains… Even though it's all "not counted until sold," when the account turns green, my mind automatically starts imagining the worst case scenario, the more I think about it, the more it feels like losing real money. Unrealized gains are actually easier for me to dismiss as "good luck," I don't really trust it, and I hesitate to move my hands.



Maybe it's loss aversion, honestly, the joy of making money isn't as tangible, but the pain of losing is very concrete, and it even comes with some self-blame: why didn't I set a stop-loss at the time? Why didn't I take profits in stages? Recently, cross-chain bridges have had issues again, or oracles report outrageous prices, and in the group, a bunch of people are shouting "wait for confirmation"... I also get nervous, even though I’m not on that chain, my body reacts first.

Now I try to tie my positions to my sleep: only keep what allows me to sleep, and if I can't sleep, I reduce a bit and see how it goes. That's it for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin