Topic: Uncertanity and fear in economics and clarity how to stay calm (Read 192 times)

Emotion once again is actually a key or essential tool which one must master how to use before becoming a trader. You need to actually know the exact moments to take certain actions whilst not allowing whatever happens with the economy get to you.

I have actually witnessed lots the economy which is not even the type that welcomes emotions when dealing with it, whatever reason it is in an economy, you are expected to put your emotions aside because for instance, in the trading system, if you decide to always go with your instincts, there’s a high failure probability or possibility and you might end up having issues; losses at most.

Skimmed through your wall of text and observed that some of it crap to be honest. Anyone with a half-decent brain knows that Putin isn't stupid enough to commit suicide by attacking USA. He just barks meaninglessly now and then.

Also, most of the stuff that you shared is just common sense. Focus on yourself first before trying to focus on others op.

Lol. What a load of garbage. US isn't scared of Russia which is why I have no idea why you think that they take their nonsensical warnings seriously. Russia should worry about their own situation currently.

Did you know that Putin already warns US that if they send long range missiles to Ukraine they'd shoot US soil?  This is the reason why US are not sending that kind of weapon to Ukraine. Russia doesn't mind anymore especially because their reserved are already seized.

When it comes to economic uncertainly, I guess you just have to be prepared. So many crisis experienced since 2020, its draining everyone's wealth and we have few options only. 
Inflation is driving people to spend now while the price is yet not so high since keeping cash is not helping. Maybe buy gas now before it goes $15/gallon, store food too and least of all Bitcoin.

The reason why many don’t stay calm and make rash decisions is because they are over invested. When Bitcoin topped at $69K everybody assumed it would go to $100K. So every dip people bought it. Many bought at $60K, $50K, $40K…. And now we are around $30K and people are starting to get nervous being down by 50%.

They are the ones that don’t stay calm and if there is another dip they will most likely sell the end the pain. This is usually how bottoms are formed.

Many whales are calm because they dollar cost average. Look at the Bitfinex whale. Every dip he buys and never sells. Will most likely keep buying until $15-20k or so.

I do think the wise thing to remember is the fact that uncertainty would be everywhere in any market that you can think of and therefore in times when the market is experiencing volatility you have to manage your nerves and learn to calm down.

I always find it easy to manage when I think and analyze the past situations which usually makes up for most of them and these ups and downs are usually short lived and are highly dominated by the outlook of the market as a whole as well.

-Follow what you think would be the best option this helps not to ride the blame onto someone else as well.

At the same time talking about cryptocurrencies and stock market the idea behind them is very different and some people might not be comfortable with the excessive volatility of cryptocurrencies, and if you can't do it be a holder !

Even with education of how the system works, it is still an issue staying calm for some OP. I always say we were built differently, while some people were naturally blessed with the super power of staying calm in situations that are troubling, others have to consciously develop this ability. Education of how the system works is no assurance of staying calm. The system itself may even sometimes go against all what we thought we knew, and all our knowledge ineffective, so even without education...someone who has recognised that staying calm is not their stronghold should seek to develop it first, the development of that ability is the foundation of any other toppings in form education to come.

Fear and greed are what drives retailers who may change prices completely.

Thus, many people use it to manipulate prices and often follow some tactics that may be released in short, inflating the snowball.
Do not forget that the economy acts as an engine gear, and therefore understanding it I was careful, trying to manipulate those gears may lead to great failure, and therefore governments do not resort to continuing rumors for long periods.

The derivatives market is what moves the markets, but it is the spending rate of the middle class that actually moves the economy.

I think the "Golden Rule" will always be ..not to over react to every situation. Yes, the WAR in the Ukraine is a big event, but there has been conflict in many countries in the world for years...and it did not destroy the global economy. (I am in no way down playing the impact of the war, but I am just saying some people are exploiting this to justify certain actions) 

The markets will stabilize over time ..as the impact of the "event" sink in, so do not panic early and take huge losses, because your emotions took over, just stay calm..... analyze the impact and how you can weather the Storm...and manage the impact. 

Have you ever thought of communicating this to President Biden or perhaps to Secretary Blinken? They're probably unaware of this. And since this is a huge leverage on their part, they should probably be informed of this, shouldn't they? The entire US would be very grateful to you and would rest assured that Russia would never attack them becouse world elite can not never put in danger the deruvates locations. But please don't let anybody from Putin's teams of spies discover that you're the one who enlightened the US on this. You'd surely be kidnapped, tortured, and killed with a rat poison and make it appear as if you've mistaken it as your favorite chips.

When it come to uncertain times with the  economy / stock markets, you just have remember to stick to your long term plan. Always remain diversified, that’s where you start. Then continue to fund you’re retirement plans as much as possible (while having some saved cash on the side in case of emergency) and take advantage of the low prices in the equities markets. Remember it’s a long term plan, things aren’t always going to be good. They really can’t be.

Yea sure, not hurting the markets was definitely Putin's top priority:


Nothing. It's just your typical "educate yourself" advice thread that's deliberately and unnecessarily made longer for better "pOsT qUaLiTy".

kek

Wall street and the upper tier wealth bracket could suffer from a decline of the middle class, supply chain shortages and other negatives. Investors like Warren Buffett could be hit hard by stock market declines while CEOs earning salaries of $10,000 an hour could see their wage rate decrease in a recession. Already we see the richest man in the world, Elon Musk, unhappy with circumstances in his attempt to buy twitter to effect positive social change. Other one percenters are losing wealth and not happy with the direction of the economy. Those at the top are losing money, the same as those on the bottom.





Many believe it requires less energy, time and sacrifice to not learn things and not develop the mind. This leaves them with more time and energy for other things.

Once that belief is adopted it is very difficult, if not impossible, to convince people its worth their while to learn basic fundamentals.

Such a long post will very little sense, @op is just going in circle trying to make a point. The reality is no matter how strong a country is it will face an economic crisis regardless of having a great strategy to want to tackle every problem as it emerged.
Russia is not stupid to launch a nuclear attack without thinking about the backlash. The economy is already bad for every part of the world and doing that will only worsen the situation not just for the target country but for other countries because of the economic relationship.
And quit associating the market drop solely because of the war, or have you forgotten this is a circle that usually occurs at certain intervals.

Your post is scattered but talking on attack on USA, I think that is not coming now especially after the September 11 attack. USA was hit badly at the world trade causing serious fear and disorganization of world business. If Russia is planning that, they could fail because the satellite image could likely find that out.
However you have to understand that the market and stock or derivatives including cryptocurrency are not dropping because of US but because of the situation in the world

i think it's only natural when someone is panicking now because they see the uncertain economic and geopolitical conditions like today... but it's true that we need to educate ourselves, especially on investment.. one must be able to control their emotions so that they don't follow other people and panicked and they took rash decisions and it made them lose their money

I don't see the point of your post. What do you want? To calm us down? It's not because of what's written there, for sure.

He who is in the middle of a war will obviously be tense.

In my case, I worry mainly about the things that depend on me. In some moments when it was said that this would end in nuclear war, I was a little worried, but now I am not. If a nuclear war starts I will be dead in a short time, and I was going to die anyway, and since I can't do anything to avoid it, I go on with my business as usual, solving the problems that I can solve by myself.

In order to stay calm you must educate yourself how the system works.
Also no matter what there is also someone ir group of people specially wall street guys who benefits from all of this whats going on around the world bull market or bear.
Learn their knowledge and you have no pointless fear.
Lets see some facts:
By checking the instutions long term plan the fed rate hike is very dull very questionble look at the one of tge biggest instutions btc plan its said 300-500k per btc price plan.
Now we are afraid of war right ? Even nuclear attack , can it happend ?? Off course not not in usa becouse usa runs markets most important locations are in usa world elite never let tpuch or harm those locations wich runs derivates oil futures btc futures and gold futures .....the rumours russia attack usa is just rumours until most important data centers to control deritavetes trading not moved out of usa.

If we learn our society very base points on wich we stand on we know nothing happens in terms of things on what we stand on markets are protected all kind of exvhangers and servers what runs the exvhangers and derivates markets are top priority in the world.

Also we see insturions plans long term we know btc will stay and according to this we know rate hikes will be working until inflation is gone they run little bit deflation and then they say thats it we can print more again.

Every country leaders even putin top priority is not harm markets derivates locations its impossible to russia attack usa becouse it will harm derivates markets servers and world elite can not never put in danger the deruvates locations such us cmegroup and others.

Once we know this then no panic just pure clarity becouse derivates and markets runs our world whats good for profit and markets must happening and its protected by all country leaders

This knowledge we should teach kids in the school so the kids will learn life all ready in their early age and they will never in the pointless fear and even in economic turmoil and confuse situation they will know exacly whats going on.

Merit for sure