Lately I've been a bit tired but still watching the market, and I realize that the biggest factor affecting my sleep isn't losing a little profit, but the floating losses hanging there. Honestly, floating gains are like "rewards," and the brain defaults to thinking they don't really belong to me; floating losses are different, like "it's taken out of my pocket," even if it's just on paper, the mind automatically imagines the worst-case scenario, and the more I think about it, the more restless I become.

It's even more obvious with my options trading: even when the direction hasn't changed, as soon as volatility kicks in and the loss line jitters, I start thinking about whether to cut, add, or "turn it around," triggering a whole set of impulsive actions. Conversely, when I make a profit, I tend to let it back out or even find reasons to "wait and see."

Recently, those new L1/L2 projects offering incentives to boost TVL, and veteran users complaining about mining, staking, and selling—I can understand this kind of emotion: the rewards feel "deserved," and selling makes you afraid of missing out; not selling, on the other hand, makes you worry about a dump and retracement. Loss aversion pulls in both directions, and the most exhausted are still the holders. Anyway, my current solution is very crude: I write down the worst possible loss and stick to it, otherwise I really can't sleep. That's how I'll do it for now.