Just went through the on-chain data, and the more I looked, the more it felt like that inner psychological “string” was pulled tight, dead tight.

Yesterday morning I did a testnet interaction—switched to a small account. I told myself it was just for fun, but today I’m sitting a bit underwater on paper. Watching the charts, my head was a total knot. It’s clearly just a few bucks’ worth of movement, yet I kept thinking, “If I’d withdrawn earlier, would it have been fine?” Meanwhile, with the same strategy’s positions that were up on paper, I hadn’t really paid much attention at all. After a few percentage points, I couldn’t be bothered to look again.

Put bluntly: unrealized losses are more likely to disturb your sleep than unrealized gains, and even the on-chain data seems to reflect that. When large holders are down on paper, their willingness to sell is much lower than when they’re up on paper. These days, a lot of testnet users have been pretty active when it comes to earning points. But the moment someone brings up “whether the mainnet will issue tokens,” everyone goes quiet. I guess people are getting stuck by this kind of psychology, too.

No idea when I’ll be able to live a bit more loosely. For now, just keep it like this—leave it up to observe, don’t treat it like a big deal. It’s all about patience and cutting losses.