I woke up again at 3 a.m., opened the app, and checked my positions. Even though it’s only an unrealized loss, my heartbeat is about three times faster than when I’m up on the position. It’s pretty strange—both are just numbers jumping around: green makes me want to screenshot, while red makes me want to cut my losses.

Lately, the unlock calendar has been flooding my feed every day. Everybody is calculating selling pressure, and it makes me anxious too, even though the coins that are locked aren’t mine. Put plainly, loss aversion is fundamentally unreasonable: unrealized loss feels like a thorn, while unrealized profit feels like a red envelope that hasn’t arrived—one already hurts, and the other might never come.

Forget it—set a stop loss and I’ll go back to sleep. I’m going to work now.