Yesterday, when I was cross-chain bridging, I saw a pool that went up and then dumped. When it was rising, I thought, “Not bad.” When it dropped, it left me kind of unable to sleep. What does that kind of unrealized loss feel like? It’s like standing by the bridge, waiting for a pass—you can clearly get through, but the window is closed, and they tell you, “Come back tomorrow.” Put simply, losing money is easier than making money, and that’s what keeps people from sleeping—it's a flaw of human nature, not because you don’t understand the market.



Lately, I’ve been hearing that after they added the taxes over there, everyone’s been feeling much tighter about moving funds in and out. As for me, I figure that when you’re in an unrealized loss, if you have a bit of confidence in your own plan, then don’t keep staring at it; but if you don’t even know why you’re losing, then you should just close the app first. Don’t ask me how I know—I closed it three times yesterday before I finally fell asleep.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned