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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
5
Repost
Share
Comment
0/400
DuskSurfer
· 8h ago
unrealized gains are just paper wealth, really... I've seen too many people die over this.
View OriginalReply0
SchroedingersFrontrun
· 9h ago
Unrealized gains that are not taken profit are ultimately just illusions. I've fallen into this trap countless times myself.
View OriginalReply0
StablecoinEnjoyer
· 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.
View OriginalReply0
LadderToolGuy
· 9h ago
The unrealized gains are just an illusion. They look satisfying but disappear the moment you turn around, really.
View OriginalReply0
GasFeeSobber
· 9h ago
I've also fallen into the trap of unrealized gains; greed really gets the best of me.
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.