I realize that my tolerance for floating losses is really low. Even though my account hasn’t actually lost that much yet, my brain automatically starts writing the “worst-case scenario.” I wake up in the middle of the night and first thing I do is reach for my phone… Unrealized gains don’t get me as worked up; I might just glance at them and be done. Put simply, when I’m losing, it feels like I’m being chased for debt; when I’m making money, it’s like finding spare change.

Recently, I’ve been hearing that in some region they’re set to add taxes, and compliance measures are tightening and loosening depending on the moment. Once my expectations for deposits and withdrawals change, someone like me is even more likely to turn small pullbacks into, “What if I get stuck and can’t get out?” So when the market heats up, I reduce my positions a bit, and switch to protocols that can slowly cough up cash flow—sleeping might cost a little more, but that’s fine. As for the worst-case scenario, just check it during the day—don’t take it to bed.