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Topic: Why Depression Starts in Cryptocurrency Anytime - page 3. (Read 905 times)

copper member
Activity: 169
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.

A lot depends how long will be the fall of the market. The inflation continue to grow and the goverments can not sovle the problem.
If fall will last for a long time many projects will have a problems.
jr. member
Activity: 230
Merit: 1
The situation now in the market is a normal phenomenon in this industry. Infact its the same in the stock market and every financial market. It's only more common in this industry due to the decentralisation situation and the fact that the market is volatile.
sr. member
Activity: 1876
Merit: 318
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

I disagreed that depression start in the cryptocurrency dude, In fact, you can enter to this industry without any depression.
And depression was part of the emotion as human nature. This of course will depend how you manage it, if you are a risk taker that means you are willing to take risk without hesitation and depression is not in your mind as an individual traders here in the crypto space whether you win or loss.

Like you said depression is a part of human emotion, so it's natural for us to experience it. It's not even when investing in crypto alone
can we experience depression, in dealing with life's problems we can be depressed. Because depression is part of human emotion,
we can't get rid of it, but we can control it. Therefore, it is important that we practice controlling our emotions in dealing with problems,
so we don't easily become depressed.

Including problems when we invest in crypto, we don't need to be depressed if we study crypto first before deciding to invest.
Because crypto investing is a very high-risk activity, of course it has the opportunity to make us depressed if without proper preparation.
But if we have studied in advance how the crypto world works, we will always find a solution if a problem occurs, and we don't have to be
depressed. But most people jump right into the crypto world without any preparation, finally when the market moves not according to our
expectations, then after that we take the wrong step and make us experience losses. That was the beginning of depression because we were
stressed in facing a volatile market. So my advice first is to learn the crypto world properly, after that we can start investing in crypto,
that way we should be able to deal with problems in the crypto world calmly and we don't need to be depressed.
member
Activity: 140
Merit: 20
Then never try to deal with crypto until you can control yourself. I just give you an awareness if the crypto market is a very volatile market and i think that this is a wise decision for you to think that if you were not touching the market. I know that if sometime crypto market can make someone become depressed caused by the volatility and you have been expressing what you felt about that. Im sure that if it's better if you are doing what i said above  Cheesy
yeah like you said.
and indeed before entering crypto trading we must first prepare ourselves. Like studying the market situation and techniques in trading. and psychological control is very important also in crypto trading because sometimes we are surprised by unexpected things such as the incident that happened to terra luna which certainly made a lot of people depressed, not even just a beginner but a pro was not missed from the heartbreaking events that occurred in terra luna.
sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
Because it is very important in learning to manage assets. In cryptocurrencies there is no certainty when we lose, how much we lose or gain. But by managing assets well and targeting profits and losses it will show definite results. The purpose of trading which I conclude is to make consistent profits because it is mandatory to gain knowledge of asset management..
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.

Now many people stop their investing and sell their assets because they simple do not have any money for investing.
They do not have any money for live because many people lost their jobs and they have credits.

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.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
 There are only two things that can happen. Scenario #1 wherein Crypto crashes completely and everything you own is worth nothing. #2 Crypto reaches a bottom, then it reverses and hits new highs. As long as situation #1 doesnt happen, #2 will continue happening over and over. Therefore, with the long view in mind, buying the dips like right now is the best way and time to invest in crypto. Funny how these pages were popping with people buying crypto when its at an all time high, people talking about taking out loans to buy more crypto, and those same people aint no where to be seen when money actually can be made and they should be buying.
jr. member
Activity: 224
Merit: 2
Anyone who comes to the crypto market will invest.  Whoever he is, he will suffer from depression.  Otherwise, he will not be able to reach the peak of success.  It is not possible to be successful without depression. You have to take risks to move forward.  And for that you have to dig deep.  This is the crypto world.
hero member
Activity: 1666
Merit: 453
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

I disagreed that depression start in the cryptocurrency dude, In fact, you can enter to this industry without any depression.
And depression was part of the emotion as human nature. This of course will depend how you manage it, if you are a risk taker that means you are willing to take risk without hesitation and depression is not in your mind as an individual traders here in the crypto space whether you win or loss.
copper member
Activity: 109
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.

The market continue to fall. Because of difficult economic situation in the world now all markets falls and it is very difficult to say when such fall will stop.

Now many people stop their investing and sell their assets because they simple do not have any money for investing.
They do not have any money for live because many people lost their jobs and they have credits.
member
Activity: 546
Merit: 10
Cryptocurrency investment brings so much risks and pressures knowing its highly volatile so if you cannot manage them well, depression may eventually occur.
I have considered buying cryptocurrencies as gambling, except buying certain ones like bitcoin which I know ATH is possible. I do buying cryptocurrencies like I am gambling, this make me only use the money I can afford to lose to buy which will not make me to be depressed.
Yeah its more like gambling in some ways especially when you are into alt coins, some can make you feel good and some will cause depression unexpectedly. Its the same with bitcoin too but bitcoin can be more reliable and profitable than alt coins and thats why i prefer to buy more of bitcoin than alt coins.
legendary
Activity: 3108
Merit: 1029
Then never try to deal with crypto until you can control yourself. I just give you an awareness if the crypto market is a very volatile market and i think that this is a wise decision for you to think that if you were not touching the market. I know that if sometime crypto market can make someone become depressed caused by the volatility and you have been expressing what you felt about that. Im sure that if it's better if you are doing what i said above  Cheesy
jr. member
Activity: 276
Merit: 1
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

The cryptocurrency market is widely known to be volatile and that's why it's not for everyone, especially those who get depressed because of losses. The industry is for those strong at heart and great at not taking issues and challenges to heart. It's always advisable to invest or trade with what you're willing to lose and this caveat has helped several persons tread softly to avoid bigger issues. Risk management is another intricate course to help one navigate the industry.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
Anything related to money is always sensitive. It doesn't matter if it's free money or urgent need, if it just disappears, we will feel dizzy and even stressed because of losing it just like that. Maybe we will think that instead of investing here, which only produces losses, it is better to use it to shop for the right results. Thinking about it always makes us depressed.
full member
Activity: 1260
Merit: 100
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.
copper member
Activity: 62
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.

All kinds of investments during the fall of the market are very risky because nobody knows how long will be the fall of the market and how many projects will be able to survive during the fall of the market.

The market continue to fall. Because of difficult economic situation in the world now all markets falls and it is very difficult to say when such fall will stop.
newbie
Activity: 43
Merit: 0
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Depression is more common to those who only invest to lose than to make profits. That happens when they always invest for quick profits, so mostly they end up investing in the wrong coins and lose their capital. Depression surely follows. Also, investors get depressed when they use all their life's savings to invest in crypto seeing the price could easily go to the moon, and once things go in the opposite direction, they lose their hopes and eventually get depressed.

You are right, most people invest in wrong coin which would take more than 3 to 5 years before it would even rise. Most people are victims of scammers and fraudsters who convince them to invest and get a quick profit without knowing they are not real. Depression also affect crypto currency traders who lose in the process of trading, for me I would say trading has almost same risk as gambling they both have same Pattern of loosing money so easily, when lost of trading comes it affects crypto currency traders deeply and most of them can't even go back to it again because they don't have enough capital to start up with, that alone would make dem feel depressed.
member
Activity: 573
Merit: 30
Depression as a result of unexpected huge loss which is cause by not taking the pre-entry cautions and greed. Everyone in crypto know the two popular caveats of DYOR and invest only what you can afford to lose but we ignore it all the time. The next is greed of non satisfaction with little profits acquired over time which makes people stay beyond necessary on a single project.
copper member
Activity: 60
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.

The fall of the market is a good opportunity to buy the tokens for the best price.
Many people are looking for new and prospective projects to buy their tokens for the best price.

All kinds of investments during the fall of the market are very risky because nobody knows how long will be the fall of the market and how many projects will be able to survive during the fall of the market.
full member
Activity: 1526
Merit: 110
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Because cryptocurrency means depression. When you make a small profit, you will be disappointed with why it is not a big profit. When there is a loss, then you will be disappointed with the reason for the loss. That is human nature. You should take it easy, profit or loss is only a part of life. And if you can't take crypto normally, better you should leave this field.
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