Just saw a comment saying, “Selling mined coins isn’t wrong either.” Yeah, sure…… but I still feel like something isn’t right.

Loss aversion is kind of magical. Look at the new L1/L2—when incentives are launched, the TVL goes whoosh, and a bunch of people rush in to mine. They’re so eager to withdraw the moment they’re up by one or two percentage points, afraid that little bit of profit will run away. But what if they go in and end up sitting in a loss? Then they just hold on to their positions, thinking, “Just wait a bit—things will come back.” To put it plainly, floating in losses is like leftover food in the fridge for three days: it still feels like it could be eaten, but it goes bad before long, and then you throw it out. Floating in profits is like freshly fried chicken right out of the fryer—you take a bite and swallow it quickly, and in the end you only taste the oily crust.

On-chain data is the same, too: the more you fear losing, the easier it is to chase pumps and sell in panic. My own rule is this: before placing an order, figure out in advance whether you can still sleep at night if you’re down 30%. If you can’t, don’t place the trade. Anyway, the money is yours—don’t let short-term fluctuations wreck your mindset. Looking long-term, there are only a few projects that actually survive on-chain; everything else is noise.