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Topic: How to avoid stress in a market crash (Read 806 times)

hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
August 16, 2024, 05:15:09 AM
#76
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?


The only way avoid stress during dip is only invest spare amount so when the price drops due to some market reasons then you are feeling relax, and it is only possible when you invest the amount which you will not be using for your monthly expense. The stress is only that you invested the amount you have with you to pay bills, property rent, grocery etc and when the price drops then you start panicking so if you don’t have spare amount to invest then stay away from bitcoin investments.

Although no one will feel happy if our investments are increasingly losing value regardless of whether we use idle money to invest because no one likes to lose money. But I agree with you, using idle money and possible losses to invest will help us reduce stress.

Some people will say that bitcoin will always increase in the long term, I don't deny that but we need to pay attention that bitcoin is unpredictable. No one knows when it will rise, when it will be dumped, the bull season may have ended and the bear season has arrived...no one knows what is going on. So let's only use the money we can lose to invest if we don't want to put pressure on ourselves.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 15, 2024, 07:58:24 PM
#75
For those who are having trouble holding back panic, there is probably nothing wrong with following the advice above, but there is no need to complicate things and don't assume that everything is over unless you trade Futures, maybe that solution is more appropriate. But believe me the market has fallen and risen many times, anyone with experience should have realized that there are times when the market is sluggish and there are times when the market is rising. Don't let the sluggish market judge yourself as if it were your fault.

yeah if there's someone that should be stressing in this market it'd be the future trader, because with futures our capital act as a margin, it can get liquidated if market crashing but the people who buys bitcoin traditionally and hold it won't get affected, even better if they can just leave their bitcoin be and set alarm when BTC reached their price target.

if i'm the people who were holding BTC despite recent market crash, i won't sweat at all, i just gonna leave it be until the market settles the dust.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
August 15, 2024, 10:51:59 AM
#74
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?
Focusing on the real world or working outside crypto world is the best choice to make our self busy and forget what happens in crypto investment, to avoid being stress by the continuous dumping of the price of our holdings, another effective strategy is to stay away from the gadgets or internet and focus on activities that can relieved stress, example is mountain climbing, jogging with friends, play basketball swimming, dancing, etc,.
For those who are having trouble holding back panic, there is probably nothing wrong with following the advice above, but there is no need to complicate things and don't assume that everything is over unless you trade Futures, maybe that solution is more appropriate. But believe me the market has fallen and risen many times, anyone with experience should have realized that there are times when the market is sluggish and there are times when the market is rising. Don't let the sluggish market judge yourself as if it were your fault.
legendary
Activity: 3094
Merit: 1127
August 15, 2024, 09:11:19 AM
#73
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?


The only way avoid stress during dip is only invest spare amount so when the price drops due to some market reasons then you are feeling relax, and it is only possible when you invest the amount which you will not be using for your monthly expense. The stress is only that you invested the amount you have with you to pay bills, property rent, grocery etc and when the price drops then you start panicking so if you don’t have spare amount to invest then stay away from bitcoin investments.
Totally depends on someones mind because if you are really that always expecting something positive towards the market or with your position then on the time or moment that the market will really be making corrections then this is the moment that you would really be freaking out instead of seeing this as an opportunity. This is why self experience would really be having that big role when it comes into this aspect because
if you do have the experience then you are already aware on the things that you would really be doing. You are really that much aware on how this market works and would really be acting according into it.
You cant really just that make yourself making some unwise decisions just because of lacking that experience. Stress is really just that normal since we are just human beings and we do really hate up on losing money.
 
There's no way that you could be able to avoid stress and thats normal but we do know that there would really be steps on which you would really be that making yourself at least be able to avoid
or able to make yourself divert your attention into something else on which it could cause up that avoidance on some actions due to on being that impulsive on which we know that most of the time
you would really be making up some shit decisions on this case. This is why it would really be that important that experience in correlated to this.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
August 15, 2024, 08:13:40 AM
#72
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?


The only way avoid stress during dip is only invest spare amount so when the price drops due to some market reasons then you are feeling relax, and it is only possible when you invest the amount which you will not be using for your monthly expense. The stress is only that you invested the amount you have with you to pay bills, property rent, grocery etc and when the price drops then you start panicking so if you don’t have spare amount to invest then stay away from bitcoin investments.
hero member
Activity: 2842
Merit: 772
August 15, 2024, 07:16:58 AM
#71
I guess despite of those suggestions listed above, the fact that we are investing in such a volatile market, it's normal to be stressed at some point but as long as you can manage them and overcome those pressures, then there will be no problems at all. We are humans with sensitive emotions, and what we don't like to see will certainly stress us, but we all know emotions are hard to control, so learn to manage them on a positive way so that it will also create a positive scenario.

Yes, there will be a time that no matter what we do here, we will be stressed out and it's really hard to cope with it. We all know though that it's all mental, so you will really need to fight it out yourself and it takes time to master that self-control on how not to be affected negatively.

Let's say though that the market makes a huge correction, it might have help if we are going to focus and look at the bigger picture. If we see have that prediction that at the end of 2025, the price could be $100k+, it might calm our nerves because that is our long term goal. Focus on the gains itself and not the losses that we are going to suffer if the market crashes.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
August 14, 2024, 04:39:48 PM
#70
I guess despite of those suggestions listed above, the fact that we are investing in such a volatile market, it's normal to be stressed at some point but as long as you can manage them and overcome those pressures, then there will be no problems at all. We are humans with sensitive emotions, and what we don't like to see will certainly stress us, but we all know emotions are hard to control, so learn to manage them on a positive way so that it will also create a positive scenario.
hero member
Activity: 1722
Merit: 895
August 14, 2024, 12:28:54 PM
#69
Experience can indeed be a direction for every Bitcoin investor, but it must also be accompanied by a mature level of knowledge and a steady level of psychology so that every time you want to make a certain step or decision in certain conditions it can be more appropriate. Because the loss of an investor resulting from panic is actually a bit ridiculous, especially if they themselves do not have the right education in running investments and also in dealing with market situations that often change like today.
With the existence of knowledge a person can continue to improve experience as a step to train investment skills and with experience people can see how investment trips can continue to grow from previous mistakes. Panic is caused because someone does not understand how to carry out the correct investment so they experience panic when Bitcoin experiences correction. From this, the experience is needed to see Bitcoin's journey so that people can be a little more relaxed when Bitcoin experiences correction in the market.

Bitcoin is quite speculative but that does not mean that someone cannot minimize and the way we can do is be patient. When the market is corrected, one can be calm and do not need to think to decide the loss in the period of decline. That is why knowledge and experience is important as an effort to avoid losses caused by lack of understanding of investment.
full member
Activity: 1140
Merit: 103
Buzz App - Spin wheel, farm rewards
August 11, 2024, 05:59:11 AM
#68
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?
Focusing on the real world or working outside crypto world is the best choice to make our self busy and forget what happens in crypto investment, to avoid being stress by the continuous dumping of the price of our holdings, another effective strategy is to stay away from the gadgets or internet and focus on activities that can relieved stress, example is mountain climbing, jogging with friends, play basketball swimming, dancing, etc,.
hero member
Activity: 2730
Merit: 632
August 10, 2024, 10:41:39 AM
#67
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?

never have more than you can afford to lose in the market is the only way that truly works.
Yes, its the most common or lets say that this is really that indeed the most basic on which someone should really be doing not only on dealing up with crypto investment but also in other ventures as well.
We do know that we would really be needing up on taking up some risks for us to obtain something on which its the most basic concept. This is why it would really be that ideal that you do already accept on whatever the things that you would really be able to encounter so that it would really be able to give out that kind of frustration and disappointment. It would really be always best that you should really be that knowing
on how you would gonna be dealing and what are the things that you should really gonna do. Never ever make yourself that too desperate on becoming that profitable because this would really be causing
up that kind of potential problem on which you would really be that able to encounter. It is really that always important on thinking up realistically on how things works and what are those probabilities of things to happen.

The wrong thing on some people is that on the moment or time that they do become that too hoping for something positive results then they do really that becoming delusional.
They would really be hoping or seeing things in advance that they could be profitable on the moment that they would be making up positions and when market crash happens.? Then what would really be your
main emotion or thinking up into that condition? Pretty sure it would really be having those realizations that you are really that being too delusional into this aspect.
You would really be normally be making those adjustments accordingly.
sr. member
Activity: 1148
Merit: 432
August 10, 2024, 07:56:44 AM
#66
Experience will be a strength where we can learn to continue to improve and it is with experience that people can achieve the best investment potential to minimize any risks resulting from investment. Most people will definitely feel panic when they don't have experience so they will try to decide on losses by selling when there is a decline and with experience we can see past events regarding Bitcoin's journey.
Experience can indeed be a direction for every Bitcoin investor, but it must also be accompanied by a mature level of knowledge and a steady level of psychology so that every time you want to make a certain step or decision in certain conditions it can be more appropriate. Because the loss of an investor resulting from panic is actually a bit ridiculous, especially if they themselves do not have the right education in running investments and also in dealing with market situations that often change like today.
In terms of managing emotions in trading is not easy, there are quite a lot of ways and theories that can be learned but it is not easy to apply. If we look at the whole mistakes or panic that occur that cause losses on average experienced by beginners in trading, especially those who are less experienced, so it is undeniable that traders who are used to going through situations when market prices are falling are not too stressed thinking about it.
hero member
Activity: 1050
Merit: 844
August 10, 2024, 07:25:08 AM
#65
Experience will be a strength where we can learn to continue to improve and it is with experience that people can achieve the best investment potential to minimize any risks resulting from investment. Most people will definitely feel panic when they don't have experience so they will try to decide on losses by selling when there is a decline and with experience we can see past events regarding Bitcoin's journey.
Experience can indeed be a direction for every Bitcoin investor, but it must also be accompanied by a mature level of knowledge and a steady level of psychology so that every time you want to make a certain step or decision in certain conditions it can be more appropriate. Because the loss of an investor resulting from panic is actually a bit ridiculous, especially if they themselves do not have the right education in running investments and also in dealing with market situations that often change like today.
hero member
Activity: 658
Merit: 545
August 10, 2024, 07:00:59 AM
#64
  • Deleting exchange apps (if you have them on an exchange)
There is really no need to delete an exchange when you don’t invest more than your capability you will have nothing to fear for and also when you set out plan and you are disciplined enough it will be difficult for you to go back and sell off your investment after a dip.

  • Stopping all price update notifications
This is good so at least you don’t have to always see updates about the market which could affect your mental wellbeing when you’re losing money but all this can be avoided when you only invest what you can afford to lose. It is always advised to always invest wisely that way you won’t have anything to worry about even when there is a dip in price.

  • Not playing too much on the internet
I will be on the internet, but that doesn’t mean I will keep on opening the exchange and checking how the market is. There are other things that I can be doing on the internet that will keep me busy, and I won’t even think about the crash in the market.
Internet has its advantages and disadvantages so it also good to always be active online so you don’t miss out on certain updates. Sometimes awareness helps a person avoid certain crashes because knowing early will make him to take some actions early to avoid being hit by the crash. It is also good to help keep a person distracted from the dips that occur.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
August 10, 2024, 12:48:22 AM
#63
It will depend on how much you have invested in this market. If you only invest a small portion of your assets in this market, and you have many different sources of income and diversify your assets into other areas. You can easily ignore the short term volatility of the market and won't even be tempted like you said. But if you put the majority of your assets in the market and it's a large amount of money, it will feel completely different.

Many people claim they don't feel panic every time the market corrects strongly and I also trust them somewhat but I guess they don't invest too much here. Because no one will feel comfortable when yesterday our assets were worth millions of dollars and now it has decreased in value by 20%-30% and may decrease even more. That is a huge pressure even though we all know that bitcoin will also recover over time.
Diversification is the best financial tactic one can use to avoid getting liquidated from all your assets. Those who invest everything they have in one place are the ones who know nothing about asset management. If you have one million dollars and need to invest it all, you are doing something wrong if you invest the whole amount only in one area of investment such as cryptocurrencies or real estate, etc. You need to diversify, that's the key.

When you diversify, and put your money in different markets with different behaviours, you will never have a dry season because if at one time, one market isn't going well, the other will be giving you profit, and if two aren't doing well, the third one will do something for you. That's the advantage of diversification.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
August 09, 2024, 10:18:26 PM
#62
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?

never have more than you can afford to lose in the market is the only way that truly works.
hero member
Activity: 1722
Merit: 895
August 09, 2024, 10:10:39 PM
#61
I agree with this one, the more experienced an investor is, the better their way of minimizing losses. At the very least, they won't sell as prices fall, while they will buy and increase the potential for a quicker reversal.
Experience will be a strength where we can learn to continue to improve and it is with experience that people can achieve the best investment potential to minimize any risks resulting from investment. Most people will definitely feel panic when they don't have experience so they will try to decide on losses by selling when there is a decline and with experience we can see past events regarding Bitcoin's journey.

Yes of course. Long-term holders basically do not completely ignore price changes or trends. They will continue to monitor price changes so as not to miss other good opportunities to build a portfolio. This is what most experienced investors do, I mean they will buy a lot during a downturn and accumulate it in the long term.
Long-term holders will only take advantage of dips to accumulate purchases and they will not consider dips due to panic concerns, although sometimes they also monitor price changes. Long-term investments can provide benefits because we can continue to collect and will not cause panic even though prices are experiencing a decline. Knowledge and experience cannot be separated, but if we implement long-term investments it will be much easier to control panic.

The most important thing is that when we are involved in investing, we understand the fundamental level of the coin and we also know that the coin has the best capabilities. That's why people prefer bitcoin as a long-term investment step because it has been proven to have strength under any conditions.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 09, 2024, 07:50:35 PM
#60
Everything you've said are just plain suggestions that won't guarantee that you will never get stressed in the market. The fact that you know what is currently happening with your investment is stressful enough, and unless the market won't start to recover, you will never be relieved from stress and pressures.
this. can't really disregard the market if our money is on the line and the market tanking Grin. but using the money that we can afford to lose could also help aside from having the mindset that the market crashes won't last foerever.
because by using the money that we can afford to lose, we essentially get rid of our fear of not making it out from the market and losing our entire wealth, basically if it goes to zero, well just move on and if it somehow go really high then lucky us.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 09, 2024, 06:57:50 PM
#59
Everything you've said are just plain suggestions that won't guarantee that you will never get stressed in the market. The fact that you know what is currently happening with your investment is stressful enough, and unless the market won't start to recover, you will never be relieved from stress and pressures.

Now, I've only one suggestion, learn to control yourself from not getting too much involved with your investment. Seems like impossible but actually possible. Invest at an amount you can afford to lose so that you won't be struggling with your investment if ever the market crashes,  but instead just chill and relax knowing the market won't be crashing forever.
LDL
hero member
Activity: 742
Merit: 671
August 09, 2024, 06:09:24 PM
#58
We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

  • Stopping all price update notifications
  • Deleting exchange apps (if you have them on an exchange)
  • Not playing too much on the internet
  • Focusing on the real world
  • Keeping myself busy doing physical activities


Are there any other ways you can suggest?
If you have seen or experienced the November 2022 Bitcoin dumping market, you will surely understand that no bad situation ever lasts.
Then the Bitcoin market dropped to $16k only because of the FTX exchange scandal and the market has grown almost five times in just two years.
No matter how adverse the environment may be, if you persevere, you can surely reap the benefits in the future that many are currently reaping from past records.  So patience can be the only good solution for the current situation.
sr. member
Activity: 770
Merit: 445
August 09, 2024, 04:32:49 PM
#57
  • Stopping all price update notifications
I don’t really like receiving price notifications, I get distracted, and sometimes I do end up doing things that I am not supposed to do when I am being notified about the price of a coin at a particular time, so what I do mostly is that I do not activate the futures always, whenever I want to check the price of a coin, I will check it myself.

  • Deleting exchange apps (if you have them on an exchange)
This is not really necessary, I see this as a waste of time. Why do you have to delete all the exchanges that you are having whenever there is a bear market? It doesn’t really make any sense to me. The best thing is not to go close to where those coins are stored. And why are you even supposed to leave your coins on exchange? It’s not supposed to be like that.

  • Not playing too much on the internet
I will be on the internet, but that doesn’t mean I will keep on opening the exchange and checking how the market is. There are other things that I can be doing on the internet that will keep me busy, and I won’t even think about the crash in the market.
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