Recently, I've gone through quite a bit of heartbreak. After several days of losses, I was completely wiped out. Fortunately, today I finally recovered $11,000, which was a relief. But looking back, every mistake I made along the way is still vivid in my mind.



Where did the problem lie? Unrealized gains. In those few opportunities, the account showed an unrealized profit of over $10,000. I thought I could wait patiently, but then—market suddenly turned against me, and the shiny profits evaporated in an instant. In the end, I not only failed to make a profit but also got caught in a position. My mindset also collapsed, and my decision-making started to distort.

The biggest lesson is this: only the profits that are realized in your account are true gains. Unrealized gains may look good, but they carry enormous risks. If you haven't pressed the close position button, it means you're still holding a bet. You're betting that the market will continue moving in your favor, but for volatile assets like BTC, a reversal can happen in the blink of an eye.

My current understanding is that trading isn't about who makes the most money, but about who can hold on. Lock in profits into your account in time to keep your mindset stable. This is far more important than catching every wave of price increases. The essence of account growth is the accumulation of countless small, disciplined wins.
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DuskSurfervip
· 8h ago
unrealized gains are just paper wealth, really... I've seen too many people die over this.
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SchroedingersFrontrunvip
· 9h ago
Unrealized gains that are not taken profit are ultimately just illusions. I've fallen into this trap countless times myself.
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StablecoinEnjoyervip
· 9h ago
Realized gains are really a trap. Watching over $10,000 greedily, and in the end, a quick move wiped it all out. I've been trapped too many times.
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LadderToolGuyvip
· 9h ago
The unrealized gains are just an illusion. They look satisfying but disappear the moment you turn around, really.
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GasFeeSobbervip
· 9h ago
I've also fallen into the trap of unrealized gains; greed really gets the best of me.
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