I find that people are really weird. When they’re floating to quick profit, they sleep like pigs; the next day, they even complain that they made too little. The moment they float into a quick loss, they start imagining the worst-case scenario, waking up in the middle of the night to grab their phone and take a look at the candlestick chart… To put it plainly, it’s not that the money is getting smaller—it’s that breath of “did I mess up?” is what pushes on them. This thing called loss aversion is even more refreshing than caffeine.

Recently, I’ve also gotten a bit of PTSD from the whole “yield stacking” routine in re-staking and shared security that people get criticized as nested “stack-in-a-stack” setups. The returns look pretty appealing, but as soon as there’s a pullback, my whole self starts to get anxious about whether compound interest is compounding risk.

Last night, I did something kind of old-school but effective: I set reminders and caps for my positions, telling myself that when it’s time, I’ll act/execute/manage the positions—if it’s not time yet, then don’t look. The result was that my emotions noticeably settled down. Even when I was losing, it didn’t feel like “the world was going to collapse.” Instead, I could sleep well… Anyway, for now that’s it. Tomorrow I’ll argue with the market again.