Bitcoin: Stress and Happiness - page 2.

Kambal2000

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Quote from: ttcsalam on October 25, 2019, 10:30:27 PM

You are right. I have been watching this market for the last 6 months. All I can say is that Long Tam in this market will be losers. You have to buy at a low price and sell if the price increases. That is the motto of this market. And the temporary loss has to be acknowledged.

Everyday, we should learn something, if we gain today, for sure we are happy, we should learn what was our strategy, once we lose now, we should not stress out ourselves, we should be still happy and learned what have we made mistakes from it. If Bitcoin goes down, no reason for us not to be happy or else we are just skipping some opportunities.

Clement Kaliyar

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Quote from: Wintersoldier on October 24, 2019, 12:49:34 AM

What if you always experience loss? In this case, if you are always treating yourself with psychology, would it be better if we also develop our trading pattern, in order to avoid market loss and to turn the table into profit since there's allot of altcoins to choose from that might provide better profits .

To make profit in the market altcoin is not the place to invest, bitcoin is the market that will guarantee a profit in the long run and we cannot say the same with the altcoin market as you might not see all of the altcoins in the market in the next few years but bitcoin will be here, if you are taking care of investing at the right time then there is no way you will lend up in a loss, the market recovery today is a prime example.

ttcsalam

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You are right. I have been watching this market for the last 6 months. All I can say is that Long Tam in this market will be losers. You have to buy at a low price and sell if the price increases. That is the motto of this market. And the temporary loss has to be acknowledged.

radjie

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maybe only amateur traders or holders are easily stressed because they see market conditions drop so drastically that they feel the decline will occur because it is feared to lose a lot of money that has been invested into it. different from those who believe in this industry, they will remain calm in facing any market conditions because they have strong principles to hold in the long term and can feel happiness if the price of bitcoin is able to rise sharply again like in 2017 yesterday

Wintersoldier

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Quote from: KnightElite on October 23, 2019, 10:28:18 PM

I follow the quotation about "we are always until the market proves you right". Loss is inevitable and is the reason why we should have risk management. I also developed my trading psychology in order to handle stress and manage my emotion very well.

What if you always experience loss? In this case, if you are always treating yourself with psychology, would it be better if we also develop our trading pattern, in order to avoid market loss and to turn the table into profit since there's allot of altcoins to choose from that might provide better profits . I highly suggest to research updates concerning a particular coin before we decide to invest or trade.

KnightElite

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Quote from: bitbunnny on October 21, 2019, 09:45:31 AM

If you are involved in Bitcoin, especialy as a trader, it's inevitable that you will feel both. You can't escape stress and happines comes as a reward for successful trading and profit.
The key is to maintain the balance and not to allow the stress to become dominant. But for that takes time and experience, to learn how to control emotions and to to hurt yourself with too much stress.
In the other hand the right amount of stress and exciting could be a motivation to move further.

I follow the quotation about "we are always until the market proves you right". Loss is inevitable and is the reason why we should have risk management. I also developed my trading psychology in order to handle stress and manage my emotion very well.

Zeke_23

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Quote from: Shasha80 on October 23, 2019, 10:16:03 PM

Quote from: Lauren Smith on October 23, 2019, 08:11:27 PM

With everything in life you need to balance it out. Too much stress will cause you to be counterproductive and not help. You are more productive when you are happy.

It is important to wnjoy ourselves and have hobbies and not always work. Finding that balance is key to happiness. Keeping busy will also keep you happy.

Same thought with me. I think, everything is like a yin and yang. So balance in life is the key to living a happy life. So don't be
too stressed out by thinking about the unstable market conditions like now, do something positive that makes You are productive.
And keep yourself busy with positive activities, such as holidays, do your hobbies and enjoy being together with family. In conclusion,
don't be too busy working, but balance with something that comforts you.

Thinking about the current status of the market and the status of your investment will really give you stress.
Before we invest we should consider this kind of thing, especially the risks that we might face after we invest, if we can't stand the status of the market, we should not invest. But if you know that this is possible, we should not stress ourselves out since we are expecting a profit with our investment. We do not invest just to stress ourselves.

Shasha80

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Quote from: Lauren Smith on October 23, 2019, 08:11:27 PM

With everything in life you need to balance it out. Too much stress will cause you to be counterproductive and not help. You are more productive when you are happy.

It is important to wnjoy ourselves and have hobbies and not always work. Finding that balance is key to happiness. Keeping busy will also keep you happy.

Same thought with me. I think, everything is like a yin and yang. So balance in life is the key to living a happy life. So don't be
too stressed out by thinking about the unstable market conditions like now, do something positive that makes You are productive.
And keep yourself busy with positive activities, such as holidays, do your hobbies and enjoy being together with family. In conclusion,
don't be too busy working, but balance with something that comforts you.

yulionoo

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before buying bitcoin, of course we must understand bitcoin seriously. and we also have to prepare mentally. we know that bitcoin has high volatility which makes people get rich quickly or on the contrary makes them bankrupt overnight. therefore I don't rely on bitcoin as my main opinion of investing in bitcoin for additional income. so when I think the value of bitcoin goes down I will buy and after that I will hodl until bitcoin goes up by 50%. and don't see the price too often, it will stress you out, wait until there is good news.

DabsPoorVersion

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Quote from: n0ne on October 23, 2019, 05:30:31 PM

Quote from: virasisog on October 21, 2019, 10:48:52 AM

Quote from: joelsamuya on October 14, 2019, 03:21:09 AM

In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

I also had experience a lot of happy moment and decent earnings but vice versa i have also lots of regretful decisions and mind buggling losses.
Having a pause from all crypto related activities and travel out of town just to relax, forget and accept, helped me maintain my sanity. Cheesy

Every user might have encountered it. Very few could have been lucky to get benefited at the right time using the right time. One of my friend who is into cryptocurrency long back perfectly made use of the previous bull market of price reaching ath of $20000. I missed the chance, further on conversation he explained he encountered similar loss in the past and that's the reason he could benefit by then. Most will be the same, and for the same getting stressed is not the right thing.

Most of the holders have encountered the same thing including me and you. This past ATH of bitcoin taught us the true meaning ang value of holding a bitcoin, without resisting its current dump, we were not be able to see and experience its success. They say history repeats itself, its no wonder the same thing will happen after a year or more. The thing we should do is to hold and nothing more.

Lauren Smith

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Activity: 1050

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With everything in life you need to balance it out. Too much stress will cause you to be counterproductive and not help. You are more productive when you are happy.

It is important to wnjoy ourselves and have hobbies and not always work. Finding that balance is key to happiness. Keeping busy will also keep you happy.

Asmonist

sr. member

Activity: 756

Merit: 251

Its really the combination of stress and happiness. As they say, "no pain, no gain". The we've earned with effort and time is worth to be happy for it. Easy money is like a money in the air. For now, I'm not into trading yet. I just work to earn btc and buy some for keeps. I need to collect enough btc before I go to the stressful game in trading.

n0ne

hero member

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Quote from: virasisog on October 21, 2019, 10:48:52 AM

Quote from: joelsamuya on October 14, 2019, 03:21:09 AM

In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

I also had experience a lot of happy moment and decent earnings but vice versa i have also lots of regretful decisions and mind buggling losses.
Having a pause from all crypto related activities and travel out of town just to relax, forget and accept, helped me maintain my sanity. Cheesy

Every user might have encountered it. Very few could have been lucky to get benefited at the right time using the right time. One of my friend who is into cryptocurrency long back perfectly made use of the previous bull market of price reaching ath of $20000. I missed the chance, further on conversation he explained he encountered similar loss in the past and that's the reason he could benefit by then. Most will be the same, and for the same getting stressed is not the right thing.

xvids

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Quote from: joelsamuya on October 14, 2019, 03:21:09 AM

How do you manage any possible stress coming from Bitcoin's volatility?

I would just try to ignore all of the negative news if there is some rumor or any kind of news that could stress me ,
Then I would try to avoid being connected to crypto for a while focus on other things and think positive .

jarhed

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Activity: 672

Merit: 254

Quote from: the rise on October 23, 2019, 08:12:36 AM

Quote from: enhu on October 21, 2019, 02:23:05 PM

Nothing is more stressful than those guys who already have the chance to acquire hundred thousands of USD but tried holding while the price slowly dripping.

If Steve is just as patient as how satoshi is holding his millions in his stash, he would have been a lot richer than he is when BTC beats the ATH. He is already rich and can survive for years without selling his coins so why the hell did he sold it just because of stress? I'm not buying the truth to this article. Steve as rich as he is must have a financial advisor who could have advised him to keep investing.

Such influential people do not easily panic and stress just because of the monthly period, they prefer to focus on developing the potential value of assets compared to the current value, if there is panic, it only arises from a few of their investors. valuation of goals and aspects of continuity are still rising, and btc is still in the initial category of assets that are still developing.

I think that over the last year, people who were in the cryptocurrency market will no longer be afraid of falling prices. Perhaps many will learn how to use this drop in prices and will buy cryptocurrency assets at the very bottom.

the rise

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Quote from: enhu on October 21, 2019, 02:23:05 PM

Nothing is more stressful than those guys who already have the chance to acquire hundred thousands of USD but tried holding while the price slowly dripping.

If Steve is just as patient as how satoshi is holding his millions in his stash, he would have been a lot richer than he is when BTC beats the ATH. He is already rich and can survive for years without selling his coins so why the hell did he sold it just because of stress? I'm not buying the truth to this article. Steve as rich as he is must have a financial advisor who could have advised him to keep investing.

Such influential people do not easily panic and stress just because of the monthly period, they prefer to focus on developing the potential value of assets compared to the current value, if there is panic, it only arises from a few of their investors. valuation of goals and aspects of continuity are still rising, and btc is still in the initial category of assets that are still developing.

fullhdpixel

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Quote from: Oneandpure on October 18, 2019, 11:59:13 AM

Every investment you faced with both situation stress and happy, when your investment get profit you can happy but when lost you will stress, every investment have real product or not you faced with both situation, now with bitcoin you are happy when your bitcoin investing raise higher price, but you will stress when your bitcoin assets have down, use your investment source from bounty or airdrop to make you keep happy when price down.

That is the mood that everyone gets into anytime that we are encountered with various factors similar to what you said. There is need for us to always understand every moment that bitcoin has brought to our lives and that is the reason why any time we are faced with some of these challenges like decrease in price, we should remember the moment that we have been happy and no that no matter how long the bear market may be, there will always be another happy moment.

Next year will be a great happy moment again for many investors as that will be the year of bitcoin bull run which I think is going to play out shortly after the halving of bitcoin and I think that next year is also going to be the year for altcoins also, so there is going to be so much happy moment next year.

enhu

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Nothing is more stressful than those guys who already have the chance to acquire hundred thousands of USD but tried holding while the price slowly dripping.

If Steve is just as patient as how satoshi is holding his millions in his stash, he would have been a lot richer than he is when BTC beats the ATH. He is already rich and can survive for years without selling his coins so why the hell did he sold it just because of stress? I'm not buying the truth to this article. Steve as rich as he is must have a financial advisor who could have advised him to keep investing.

Mike Mayor

hero member

Activity: 966

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It use to get very stressful and have I had FOMO when I stopped working since I could have been earning during that time. Now I understand that I need to rest and enjoy my life. I found I am more productive when I enjoy life. I can do the same in 5 hours as I would in 8. I work smart, not hard. I set a certain amount of hours aside each day and then I stop. I get stressed when bitcoin starts to drop as well and have even more FOMO since I feel I should have spent my bitcoin more before the drop. I guess I am very hard on myself. I don't know that the price will drop.

abderrazak belkhir

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The stress and hapiness that you can feel in crypto is the same that you can feel in gambling...i dont see so much defference between the two except that in gambling you can get fast stress or hapiness while in crypto you must wait until you see the moves of what you invest in Whether Bitcoin or any other currency and i believ that the profissional trader must make stress and hapiness in his favour and this is the key because even the hapiness can lead you to wast your investments not only the stress

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