Topic: This can be addictive!! - page 18. (Read 3802 times)
I agree with you, when you often check and see a reduction in price, you start to get nervous. I check my wallet once a day, I look at the cost. If the coins have fallen heavily - I decide what to do with them. You must be calm. now recession.
The cryo market is like the other markets where you join if you do not master your emotions, you are still like a gambler, it is always addictive for gamblers.
Indeed business in crypto currency is very addictive. So also with me, I do not want to lose the chance at all to get a profit opportunity in crypto currency. I always do my job well and on time. Although occasionally, I suffer losses but it does not discourage me to rise up and go back for big profits. However, its unforgettable that I must always be patient. I have never been a bit bored in running this crypto currency business.
I'm a newbie and have been into crypto for a couple of months now. I must say the advice from other members about not checking trades too often is very good. One can become obsessed with it, and I think the thrill of the "win" can be quite addictive. Similarly that depressed feeling when the world is "red" can be deflating as well. There must be a "happy" medium, if one is to maintain a balanced life.
My advice would be to buy based on due diligence and research and turn the computer off for a few months. Dont check 5 times a day.
As a newbie it is good to hear about your expectations on the following days when you realized what is the feeling to be the one of us. Always be positive hoping soon that you may be the part of it.
I totally agree with you that investing in cryptocurrency can be addictive.
Everyone is greedy, everyone wants to live a rich life, but we must have control over our emotions when investing.
Everyone is greedy, everyone wants to live a rich life, but we must have control over our emotions when investing.
In cyrpto world addictive involve with impatient and self gratification when you will always look for a faster and bigger gains and feel frustrated when bad luck strikes and then you will fell the urge of winning back again but that is not the appropriate method, for it is so volatile patience is always win.
Getting money and especially a lot better money on a faster rate is yes very addicting. You will get high if you earn faster and bigger. But that is not the reality in cryptocurrency, many people as well lose money, and it's addictive that people quit faster as well. haha. Good luck mate. Happy earning.
really, not a few people who lose a lot of money due to crypto addiction, maybe because they used to get a lot of money and not often. so they keep trying their luck but it always fails.
crypto like gambling, we will always be addicted if we win the bet and will be very depressed when lost. the only way is having to control ourselves, do not be too eager to get abundant results because we do not know whether we will continue to win or we will continue to lose next.
Go out and enjoy your life, the market is very volatile, you will get profit in the end but good things take time, don't panic sell, hold anything until you are on profit (exception exists).Good luck !
Yes, we should enjoy life and not totally focused our attention here in crypto considering that this thing can bring so much stress in our life and can damaged our health. Volatility is very annoying and yet very interesting because it would give you opportunity to earn more and it could also be the cause why you lost it all. I'm a newbie and have been into crypto for a couple of months now. I must say the advice from other members about not checking trades too often is very good. One can become obsessed with it, and I think the thrill of the "win" can be quite addictive. Similarly that depressed feeling when the world is "red" can be deflating as well. There must be a "happy" medium, if one is to maintain a balanced life.
Right now there is no such thing as balance with cryptocurrency. As long as it is not being accepted widely, especially by the government, there will be no balance in the crypto market. Which means no "happy" medium.
Getting money and especially a lot better money on a faster rate is yes very addicting. You will get high if you earn faster and bigger. But that is not the reality in cryptocurrency, many people as well lose money, and it's addictive that people quit faster as well. haha. Good luck mate. Happy earning.
My first times in crypto, I was checking the prices almost every minutes. After a while, I quit that habit, But unfortunately, with the last price movements, I started to check them constantly again.
It must be admitted that crypto is something that can make everyone addict, this is because of the huge earning potential of crypto, if lucky we can get a profit up to thousands of per week per day even per day, this is the magic of crypto.
This is quite usual in newbies, because the adrenaline produced by the excitement of obtaining large profits in an unexpectedly easy way makes them stick to their PCs for long hours.
But as soon as the losses start accumulating and they realize that things are not as easy as they thought, things tend to return to normal in a matter of days for one of these reasons:
a) They lose so much money that they start to lose motivation.
b) They learn how to do things so well, that little by little they learn to automate the processes so they do not have to be stuck all day to their monitors.
But as soon as the losses start accumulating and they realize that things are not as easy as they thought, things tend to return to normal in a matter of days for one of these reasons:
a) They lose so much money that they start to lose motivation.
b) They learn how to do things so well, that little by little they learn to automate the processes so they do not have to be stuck all day to their monitors.
Yep totally agree with you. Always being on the alert and letting the market affect your emotions and life aren’t the best conditions for good living.
With crypto nothing is impossible. We get too excited eepecially during the bull run because we anticipate that moment our life will be changed forever by crypto. But it is often the opposite during bearish run
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You need to switch to other non-financial activities. Surround yourself with an environment in which there is no opportunity to enter the crypto market (lack of Internet, electricity, etc.) Do your hobby, not related to Crypt, enjoy life
That's what you call addiction we are addicted on some things that we really want. Trading for me is difficult in a way of reviewing the market, price chart analysis and it's fundamentals but the best part here is if you gain big profit that will get you rich in the future.
Truly speaking, trading can be very addictive. That made me to remember the time i was fully into trading. My eyes were always glued to the screen of my PC. My mind was always on it and i had to caution myself.
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