I feel like, floating losses really are more likely to cause people to lose sleep than floating gains, even though the loss isn't actually severe enough to hurt the muscles and bones... When floating gains happen, I think "Anyway, I haven't taken the profit yet," and my mood can be buoyant; once floating losses occur, my mind immediately starts calculating the worst-case scenario, and I can't help but check the chain and order details, even suspecting that I might have messed up the transaction/nonce somewhere, even though I know the probability is low and I can't stop.



Recently, with extreme fee rates, the group is again arguing whether to reverse or continue squeezing the bubble. It seems more like they've added a megaphone to the loss aversion: the more afraid of losing, the more they think "If I don't act now, I'll miss out," and the faster their hands move, the more mistakes they tend to make. Anyway, my current approach is pretty cautious: I don't look at my positions before sleeping, and if I really need to act, I try to split the trades into smaller parts and confirm them first. If not, I just give up—living is more important than trading.
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