I find that people are really strange. When they are making quick profits, they sleep quite soundly, at most thinking "Should I take some more now?"; but as soon as they start losing, even just a small retracement to the floor price, they begin repeatedly checking charts, watching transactions, and all they can think about is "Should I cut my losses?". To put it simply, that loss isn't about the money; it's about the hit to their self-esteem. They feel like their judgment has failed, and the more they try to prove themselves, the harder it is to sleep.

Yesterday I was a bit scared... I almost got caught up in the mindset of "testnet incentives + points expectations," thinking about whether the mainnet would issue tokens. My hand slipped, and I almost bought a bunch of illiquid charts. Luckily, before bed, I checked the order book depth and saw no one was taking the other side, and I immediately snapped out of it: if this thing rises, I’ll get carried away; if it falls, I’ll go crazy. Anyway, I’d rather miss out now than be woken up in the middle of the night by floating losses.