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Topic: How does bitcoin affects your emotional and mental aspect of your life? - page 3. (Read 3008 times)

member
Activity: 448
Merit: 10
Bitcoin really helped me a lot with my mental aspects like I can't have things easily, I can't get stuff in a couple of seconds i need to wait for it and give some effort. I am now more patient, and i dont make decision blatantly.
member
Activity: 351
Merit: 10
If the idea of your thread is to know whether bitcoin play with my emotions and mental then yes definitely it makes a big effect on my life because unlike rich investors like most I don't have money to loose so my investments are my future and I have made big ambitions with them and maybe it is a weak point but that is the truth so they make a big impact on my life
member
Activity: 392
Merit: 10
Bitcoin is really a great help when it comes to financial independence and freedom. Bitcoin can really affect anyone's mental health just for example if you have invested  in bitcoin at a high rate and then suddenly the price drops. This will really make you crazy, sleepless nights and above everything , you loose money. When you started to know how to trade, it will keep you awake all the time Cheesy
Bitcoin taught me how to have a very long patience and acceptance.
newbie
Activity: 84
Merit: 0
Bitcoin gave financial freedom in the coming future the world will adapt to bitcoin and blockchain we can see many opportunities here on words so we can be positive for earning more profits
newbie
Activity: 52
Merit: 0
   
So many people were broke and had different financial issues and dealing with mental pressure. Then when they invested in bitcoin, it has given many people chances to increase their life standards. Many of them has solved their financial issues and they are rich now!. Bitcoin is a blessing to many people's life.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
Emotional and mental aspects are commonly interrelated to each other. It commonly deals with our mind and heart. They can't be isolated and one can't remain solitary. In mental viewpoint, it really enable us to think whether it will be great or not. Your understanding will going to test your passionate angle. Bitcoin's impact is interdisciplinary, along these lines what we feel, will be what we think.

Bitcoin can affect our emotional indeed, for example how will you react when the bitcoin price falling from 20k to 6k like this ?
Many peoples feel depressed because they bought bitcoin with peak price in dec last year. Anyway, buy bitcoin if you can afford your money lose, otherwise you may gone crazy if you lose much your money.
full member
Activity: 462
Merit: 100
People can make a big profits in bitcoin in order to the market price. When the market price are good people will make happiness and contented what they have as of now. And for the mental aspect when the value of each token are dump and it's give me more pressure. And that's what I feel but nothings hurt me anymore and this is not affected with my life.
newbie
Activity: 44
Merit: 0
Hold, as they say, in good shape. Probably because of BTC I learned a lot of things in life in particular in virtue of waiting and overcoming the loss and deception that happened to me as a trader. BTC helps me patience as a special trader. This decline is happening in the market, lol. That should be controlled and protected before dealing with Bitcoin. Most bitcoin owners and investors make a lot of profit and do not want to lose, they really miss something the most important is to keep their property. Actually, there is not much effect on the aspects and psychology of everyday life. But I always thought the bitcoin would not always be low, certainly in a few months bitcoin would rise at a high price and I believe that.
jr. member
Activity: 280
Merit: 1
Currently, my emotional state is stable and I do not react to changes in the market. I have longed for this for a long time.
newbie
Activity: 31
Merit: 0
The bumps on the Bitcoin values always make investors afraid. For the psychological effects of falling Bitcoin prices and material losses can't be dragged.
sr. member
Activity: 424
Merit: 250
Actually there is not much influence on aspects and mentality in daily life. It's just that sometimes I often feel disappointed and angry when I see the price of bitcoin continues to be low. But I always think that bitcoin will not always be low, surely in a few months bitcoin will increase at high prices and I believe that.
that is usually a lot of people rely on bitcoin as a place to find the main income. so that they will follow the atmosphere of changing market prices, if prices rise they are happy and if prices go down they panic and lots of emotions. in bitcoin, it will feel relaxed if you don't rely too much on bitcoin as the main source of income, you better work. make bitcoin the second place to get money, so that your mind feels relaxed in the face of growing market value.
newbie
Activity: 51
Merit: 0
Since I studied psychology this topic is very interesting for me from the point of view of psychology.
 Traditional money makes us greedy and inhumane - this is evidenced by most studies. Cryptocurrencies, in turn, are able to fill humanity with compassion, tenderness and love. These digital assets can fundamentally change our psychology and enhance our sense of happiness. The secret lies in how these types of currencies function: traditional money increases, and often even creates the so - called "money-empathy"gap.
 The main principles of cryptocurrencies are: decentralization, peer-to-peer architecture and lack of borders and approvals. The above features allow cryptocurrencies to "reprogram" human psychology.
 Because traditional money is controlled by banking cartels and national governments, people's psychology - their behavior, emotions and thought processes - is closely related to money. As a result, the master - slave model is created. At the same time, people who have money associate them, consciously or subconsciously, with the power and ability to control everything. In other words, money is suppressing our neural networks, making people greedy and mean. This destroys a person's innate propensity for empathy (empathy), creating a "money - empathy" gap, which has been confirmed experimentally.
 On the other hand, the cryptocurrency forms a completely different model. It is a network model based on the principle of communication, cooperation and sharing. This "friend-friend" model is formed due to the characteristic features of cryptocurrencies - decentralization, peer-to-peer transactions and the absence of boundaries and approvals. People perceive each other as a partner (or "friend") in joint financial activities. That is, people have every reason to treat others compassionately. Money is no longer associated with greed and power. The paradigm of interaction is based on the honesty of the algorithm. Despite the fact that Bitcoin and other cryptocurrencies portend the formation of a new paradigm based on compassion, the real nature of their ability to change the human psychology has yet to be studied. But because the psychology of a person depends on the environment, it is possible to say that crypto currencies have already begun to alter humanity, making him more compassionate.
Your explanation makes sense, maybe I want to add a little, that besides the factors that you mentioned there is one thing that is missing, TIME management, this really contributes greatly to all our activities at cryptocurrency, your psychological point of view is really very very helpful and very detailed and detailed, hopefully this brings changes to friends who need enlightenment.
So that they can transport our thoughts and exposures to an era of more advanced and spectacular digital currencies and create a conceptual world and gain legitimacy from all humanity.
legendary
Activity: 1372
Merit: 1008
Emotional and mental aspects are commonly interrelated to each other. It commonly deals with our mind and heart. They can't be isolated and one can't remain solitary. In mental viewpoint, it really enable us to think whether it will be great or not. Your understanding will going to test your passionate angle. Bitcoin's impact is interdisciplinary, along these lines what we feel, will be what we think.

Bitcoin can really give you some good and bad times meaning, bitcoin can sometimes affects your emotions which can affect your decision-making abilities. So definitely, bitcoin can test your patience, strategy and loyalty.
If you are too sensitive of course, changes in bitcoin prices can change your mood and even your emotions on that day? you're right that bitcoin can test your patience, strategy and loyalty. because when a price change occurs and it's not in accordance with your expectations it will certainly change your emotions in real life, how disappointed you are and how sad you are, and that will test your patience later.
full member
Activity: 952
Merit: 107
Emotional and mental aspects are commonly interrelated to each other. It commonly deals with our mind and heart. They can't be isolated and one can't remain solitary. In mental viewpoint, it really enable us to think whether it will be great or not. Your understanding will going to test your passionate angle. Bitcoin's impact is interdisciplinary, along these lines what we feel, will be what we think.

Bitcoin can really give you some good and bad times meaning, bitcoin can sometimes affects your emotions which can affect your decision-making abilities. So definitely, bitcoin can test your patience, strategy and loyalty.
Those bad times can make you even stronger and good times keeps you motivated on doing things. It depends how you handle on every situations. Price change really test your patience for how long you gonna take to won't giving up things. It will make you grow and even improve yourself and skills in trading and investing.
member
Activity: 938
Merit: 14
Earn more with Earn Network
Well, i'm not moved by the up and down movements of Bitcoin because i have read and come to terms with how Bitcoin works. It is very necessary for every crypto investor or user to study and accept that this is how Bitcoin works on the market. The most assuring part is that Bitcoin always recovers.
After getting this concept very well, the up and down movements of Bitcoin will never affect your emotions.
sr. member
Activity: 1246
Merit: 255
Bitcoin is money,and money has its life. Bitcoin may affect one emotionally because if one rely on making some bitcoin to meet up with certain things and like this moment on regular and long time dump one may just become so discouraged and may not be happy.
It affect the mental because it helps to keep the brain at work, while we make posts regularly.
newbie
Activity: 24
Merit: 0
Bitcoin can affect me positive and negative way. About my emotional aspect, it teaches me to be optimistic and always keep calm. About my mental aspect, it makes me become lazy because i know i can earn money without going out and everyday I just watch bitcoin
sr. member
Activity: 1330
Merit: 326
I experienced that emotional distress when my all in entry in trading is liquidated and I did not make any cut or stop loss because I trusted what my indicators are saying. Unfortunately, my emotions affected my work because I was very frustrated and stress that time.

Anyhow, I am always remember what I've told to myself before I enter this field that, setting aside emotions when doing trading is a must and do not involve money that we cannot afford to lose.
member
Activity: 294
Merit: 34
I am confident about this bitcoin investment so it doesn't bother me all the negative views of some people about it. I just sit back and relax and let my investment works for me. 
full member
Activity: 1260
Merit: 100
Emotional and mental aspects are commonly interrelated to each other. It commonly deals with our mind and heart. They can't be isolated and one can't remain solitary. In mental viewpoint, it really enable us to think whether it will be great or not. Your understanding will going to test your passionate angle. Bitcoin's impact is interdisciplinary, along these lines what we feel, will be what we think.

If your coin price has dropping too much, of course your emotion and mental will be changed.
Most peoples will go afraid if their investment dropping too much, that's why there are panic sellers.
We must control our emotion to not get carried by, and stay calm to analyze any kind of possibilities.
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