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Topic: Why Depression Starts in Cryptocurrency Anytime - page 2. (Read 905 times)

sr. member
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Human beings are full of expectations. That's why they are easily depressed when things they hoped for didn't work out as they planned. Majority keeps believing that crypto is a get-rich scheme, where they can easily get rich quick without knowing the volatile nature of the market. It can be high today and totally down tomorrow.

 Losing a huge amount in crypto or falling into scam projects can lead to depression. It all depends on the mindset of entering the crypto market anyway. The issue of luna is a big example, where we see people taking their lives because their investment went wrong
legendary
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Leading Crypto Sports Betting & Casino Platform
Just the other day, many people felt this feeling and it is absolutely normal.it is important to remember that there cannot be an eternal positive in the markets.It is important to work according to a clearly defined plan and fix the loss systematically.Then depression is not terrible for you.
I agree with what you say because the importance of working according to a plan is the main thing that must be prepared properly because it is clear that nothing lasts forever in the market. Because if the increase continues, then people who have not made any purchases in the past will only be spectators in the market, as well as when a decline occurs in the market where people who have bought at high prices must be patient waiting for the price to bounce in the market. so that they can recover from the losses they have experienced.
jr. member
Activity: 840
Merit: 6

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

A lot depens how long will the fall of the market. If fall will be a long time it will be very difficult to survive to many cryptocurrency projects.

Cryptocurrency market need investing even during the fall of the market.
It is very difficult to survive without investing. Investing is necessary for all the economy.
Once the market is regulated and adopted by institutions we will see slow growth. Be carefully what you wish for because in the near future, you might not see 50% pumps in ALTS like ENJ and ICP anymore.
copper member
Activity: 34
Merit: 0

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

A lot depens how long will the fall of the market. If fall will be a long time it will be very difficult to survive to many cryptocurrency projects.

Cryptocurrency market need investing even during the fall of the market.
It is very difficult to survive without investing. Investing is necessary for all the economy.
hero member
Activity: 2548
Merit: 572
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Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

A lot depens how long will the fall of the market. If fall will be a long time it will be very difficult to survive to many cryptocurrency projects.

Many people sell out all their tokens and shares because economy is unstable and there is a big inflation.
Many people are waiting for recession of economy.
When I see conditions like this I actually think whether this is the influence of the global economy which is not conducive or the influence of the whales and investors who have very large amounts of bitcoin and immediately hit the exchange to make traders panic and cover up the main event because it is certain What will be circulating is the collapse of cryptocurrency prices as happened some time ago.
copper member
Activity: 77
Merit: 0

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

A lot depens how long will the fall of the market. If fall will be a long time it will be very difficult to survive to many cryptocurrency projects.

Many people sell out all their tokens and shares because economy is unstable and there is a big inflation.
Many people are waiting for recession of economy.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Success or fail depend on the human skills especially on crypto trading space. Only those who work with patience and waiting  for the targeted range until fulfill they definitely will successes. A trader have the knowledge how can control him self with in negative market position.  while these characteristics  disappear from any trader after a period of time they become confused about the market condition and at the same time depression force to stop his journey. We know that cryptocurrency is the most volatile trading platform. Your asset has dropped from 100% to 10% but you have to keep the confidence because here is high chance  form small to large which is very common and seen before.  Just be careful before selecting crypto coins, never invest shit coins.
hero member
Activity: 2520
Merit: 711
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

The cryptocurrency market is always unstable and full of both positive and negative emotions. If you allow yourself to act emotionally, then it affects your trading behavior, financial results and life in general. You need to learn how to survive in all phases of the cryptocurrency market: during growth, decline and monotonous depression. It is better to turn off the Internet for a few days and not look at cryptocurrency quotes so that the depression does not intensify. I go out into nature and it helps me.
jr. member
Activity: 840
Merit: 6

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

Many people stop investing because they simple do not have any money for investment.
When economic situation will change they will continue investing.

A lot depens how long will the fall of the market. If fall will be a long time it will be very difficult to survive to many cryptocurrency projects.
Yeah, if things keep going like this we will see a lot of good projects die. Half my portfolio died off in 2018. So far I haven't suffered any major losses i.e., nothing went to 0. Solana might go to 0 though. My ICP and HBAR bags are starting to rebound. At least I made money staking my ICP during this downturn and will have more to sell on the way up.
jr. member
Activity: 101
Merit: 1

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

Many people stop investing because they simple do not have any money for investment.
When economic situation will change they will continue investing.

A lot depens how long will the fall of the market. If fall will be a long time it will be very difficult to survive to many cryptocurrency projects.
sr. member
Activity: 910
Merit: 430
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This depression usually occurs in the majority when the market is bearish. because many people have suffered losses. especially for beginners like me who are still learning. so I decided not to trade day. apart from the lack of time. I am now more focused on buying incrementally for the medium and long term. Depression is also caused by our incompetence in controlling the market.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
This is why, in the crypto industry, we must be completely prepared for everything. Not only ready in terms of money for investment but also especially mentally and knowledgeably prepared. Basically, investing in the crypto world is not easy, there is quite a very high risk that we may face. but behind that, isn't there also a pretty high profit if it works?
So, if we are not ready to take the risk, we will continue to feel depressed and even depressed because market conditions are never stable. Especially when it's in the drop phase.
full member
Activity: 944
Merit: 101
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The OP was too freaked out by the investment he made. I suspect the OP is using spending money to invest and trade in the crypto market  Cheesy
Even if you're new to the crypto market, I'm sure most will learn how to make a profit on your trades and investments. market conditions are the most important to study, and indeed all are not easy to do.
I see many people, just like me in the past, misunderstand investing and have turned themselves into gamblers in the market. Greed makes us forget that we are losing control of the actions in the market and that is why many people buy on advice without really assessing the risk and return they will receive. Knowing more and more things is sometimes a barrier. Instead of being too complicated, more evidence is given to them about how to approach and control the investment. But as I said earlier, it's fair to those who work hard to find opportunities, and this market is not the harshest place in this life. And one piece of advice to the OP is to buy BTC when you feel like you have no reason to worry about the future.
full member
Activity: 1048
Merit: 102
because everyone who experiences a large enough loss will definitely experience depression, especially the current crypto value does not match the hopes and dreams that used to be coveted
Things like that are difficult to control because when we experience a big loss it will have an impact on our psychology,
but if we learn to control our emotions maybe it will help us at least not to depression
copper member
Activity: 84
Merit: 0

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

Many people stopped investing because all market falls. All economy falls and it is very difficult to predict how long such fall will continue.
Economic situation in the world is very difficult.

Many people stop investing because they simple do not have any money for investment.
When economic situation will change they will continue investing.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
No need to being depressed in cryptocurrency, its just a normal day in crypto because the crypto market is very volatile.
Usually, depression comes because we can't lose our money. In crypto, everything is possible and unpredictable, so we must accept the risk of loss.
My suggestion is, we should use our excess money to invest in crypto, then it won't be a problem if we lose our money from loss later.
The trend is your friend… when BTC was at 69k (nice) the trend was bullish so people were in the mindset that it could go higher, and it very well could have but market manipulators… right now the trend is bearish and the price is going even lower so folks don’t see any sort of short term gains to be had and I think that’s what it comes down to. Most are just looking to make a quick flip. They aren’t necessarily thinking long term
sr. member
Activity: 1362
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Vave.com - Crypto Casino
because everyone who experiences a large enough loss will definitely experience depression, especially the current crypto value does not match the hopes and dreams that used to be coveted
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Smiley
I don't know if you yourself are right with what you think, or if your psychology is almost dominated by these market fluctuations. Reposition yourself in terms of your knowledge, as well as the skills you have, that may have brought you to where you are today. Usually new entrants make a lot of mistakes, but never get bored. Find and create your own opportunities. This market is not for everyone. Don't make yourself a victim of its cause, but try to find the opportunity and be grateful for it. I think you need time to calm down and start building yourself a specific plan for this market.
The OP was too freaked out by the investment he made. I suspect the OP is using spending money to invest and trade in the crypto market  Cheesy
Even if you're new to the crypto market, I'm sure most will learn how to make a profit on your trades and investments. market conditions are the most important to study, and indeed all are not easy to do.
jr. member
Activity: 48
Merit: 1
Backed.Finance
The first time they are not ready with the results they get due to their own hasty decisions to make a purchase without analyzing and finding out about the situation first, what needs to be known first is that there is no investment without risk. . The right conclusion is that they are depressed because their expectations do not match the reality they get.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Smiley
I don't know if you yourself are right with what you think, or if your psychology is almost dominated by these market fluctuations. Reposition yourself in terms of your knowledge, as well as the skills you have, that may have brought you to where you are today. Usually new entrants make a lot of mistakes, but never get bored. Find and create your own opportunities. This market is not for everyone. Don't make yourself a victim of its cause, but try to find the opportunity and be grateful for it. I think you need time to calm down and start building yourself a specific plan for this market.
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