Last night I was woken up by the alarm, and I quickly glanced at my position. Even though it was only a tiny unrealized loss, my mind automatically started writing the story for me: Should I cut? Will it keep dumping again? But when I’m up on the trade, I actually sleep even more soundly—at most I’d think, “I’ll deal with it tomorrow.” To put it simply, losing money feels more like someone twisting a screw right by my ear; the more I bear it, the sharper it stings.

Sometimes I stare at addresses on-chain and watch them move back and forth—clear as day. It’s not about whether prices will go up or down; it’s about “what I might lose.” Lately, all that back-and-forth about L2 TPS, fees, subsidies, and the rest of it—I just treat it as noise. After all, what keeps me up isn’t the parameters; it’s me, refusing to admit that loss in the moment… For now, let’s leave it at that.