Why Depression Starts in Cryptocurrency Anytime - page 4.

Gozie51

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Quote from: tvplus006 on June 13, 2022, 10:42:56 AM

Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime..

According to scientific research, about 4% of the population suffers from depression. But I am sure that this figure is much higher among traders, especially in a bear market. It is during a bear market that any desire to trade disappears if you have not sold your coins at a higher price in a timely manner.

The reason is that greed is very much why this happens. Some people believe profit is easy and they increase the risk that they take so they keep losing. Trading is not for everyone but everyone wants to do trading whether it is clear or not. It is not given to everyone to understand so you have traders that don't know nothing but they don't want to only hodl but they throw in money for trading and they lose. Learning is important for those who want to go into trading otherwise you hodl your coin in your wallet and expect a rise.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime..

According to scientific research, about 4% of the population suffers from depression. But I am sure that this figure is much higher among traders, especially in a bear market. It is during a bear market that any desire to trade disappears if you have not sold your coins at a higher price in a timely manner.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

After investing in the crypto market, you start to calculate your profit. But it's not just the market that will behave positively.

An investor has to invest keeping in mind the pros and cons. The big question is where are you investing?
There are many types of coins in the crypto market where all are not legit. There are some coins that do not last long, they should be avoided. If you want to take less risk, you must invest in some reputed coins in the coinmarketcap.

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Quote from: cryptosru on June 12, 2022, 08:21:41 AM

Quote from: Kronos_DAO on June 01, 2022, 02:23:33 PM

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.

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Quote from: Beverly_Trees on June 11, 2022, 09:40:04 AM

Quote from: Kronos_DAO on June 01, 2022, 02:23:33 PM

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.

During the fall of economy and economical crysis usually cryptocurrency rise.
But now cryptocurrency falls together with all economy and it hard to say how long will be this fall.

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.

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Quote from: $anounimus$ on June 10, 2022, 03:55:25 AM

To be calmer and not afraid of the estimated value of your investment going down. First of all, invest in the long term and don't expect immediate profits. The market is highly volatile and sometimes unpredictable. Stay invested for the long term, stick to your strategy, ignore FUD and FOMO, and do your due diligence before investing. There are periods where you may see the value of your investment drop but that is part of the game and normal.

Losing is part of our investing journey. the volatility of cryptocurrency could also bring us a roller coaster ride of emotions which oftentimes lead to depression but as for us to get rid of that, we should only invest what we could afford to lose and must expect the worst possible things that could happen. If we've been through the crypto world for a long time, we already know that the bearish season is just part of the cycle.

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Quote from: CryptoArena_Official on June 10, 2022, 02:03:24 PM

Quote from: Kronos_DAO on June 01, 2022, 02:23:33 PM

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.

Condition of cryptocurrency market depends too much from the economical situation in the world.
There are too many economical and political problems and it takes time to solve all these problems.

During the fall of economy and economical crysis usually cryptocurrency rise.
But now cryptocurrency falls together with all economy and it hard to say how long will be this fall.

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Quote from: Cairo_Finance on June 09, 2022, 01:02:17 PM

Quote from: Kronos_DAO on June 01, 2022, 02:23:33 PM

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 economic crysis in the world continue and all markets falls.
Even the price of gold falls too. That is why many people stopped investing at all.

Condition of cryptocurrency market depends too much from the economical situation in the world.
There are too many economical and political problems and it takes time to solve all these problems.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

you might be able to start by staking or farming. because for now there are a lot of breakthroughs in the crypto world, be it bitcoin or altcoin, not only focusing on trading and investing to be able to get a profit.

even if you like art, you can try to enter NFT, and you can sell your work there. indeed it is not instant, but at least reduce the risk of your loss.

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this is where it is important to learn the psychology of crypto trading. I used to be like that. It's easy to get depressed when you lose and it's easy to get greedy when you make a profit. Controlling emotions and thoughts as well as managing mentally to stay healthy is the best solution.
a small step in cryptocurrency trading that can avoid depression is not to enter into an uncertain project. it is important to learn how to analyze good and bad projects. and when entering into trading, never enter a market where the fluctuation is too high, such as easy to pump and easy to dump. unless you are good at analyzing.
Depression is a natural thing. and cannot be completely eliminated. maybe it can only be reduced with the right steps.

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To be calmer and not afraid of the estimated value of your investment going down. First of all, invest in the long term and don't expect immediate profits. The market is highly volatile and sometimes unpredictable. Stay invested for the long term, stick to your strategy, ignore FUD and FOMO, and do your due diligence before investing. There are periods where you may see the value of your investment drop but that is part of the game and normal.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

If you are facing with money and investing and then yea it's pretty common to get depressed when the things are not going to what you did expect. But once you get through all the depression and know how to handle it really well, I'm pretty sure it will be really worth in the future and you could make a potential comeback once you know how to deal with it.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

People will feel depression once their expectations were not met and that things have been going totally against their set goals. And crypto is never an exception to this. Majority of the new investors these days are not really on the things they can learn on crypto but definitely on the profits that they expect to achieve in less time. But since crypto market mostly experience sudden market crash that makes all the prices decline, and people can hardly control their emotions, that's when they started to burst out and feel upset on the market which leads to depression.

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Quote from: brat111111 on June 08, 2022, 12:30:46 PM

Quote from: Kronos_DAO on June 01, 2022, 02:23:33 PM

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 condition of cryptocurrency market depends too much on the economic situation in the world.
When economic situation will change people will have more money for investments.

The economic crysis in the world continue and all markets falls.
Even the price of gold falls too. That is why many people stopped investing at all.

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that's like the nature of investment, sometimes you could generate great profit and sometimes you're losing big time.
if you think other alternative investment aren't like that then you're really wrong because guess what, most of them are like that, even the futures.
this is also the reason investing isn't some measly matter, you're literally needing a real analysis for you to succeed, if investing is that easy, anyone gonna become the next buffet, but it's the other way around.
so always make a great analysis before investing.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Why depression in the crypto world?
Well, probably because you are new to this, you are not ready with this market situation, or because your expectation is too high likely willing to be richer overnight than others, but you cannot.
Be real and logical, crypto is something that is volatile, this always happens from the beginning. That is why we must be more careful, wiser, and smarter in choosing the crypto investment. This is not only about the coins that we want to invest in but also the readiness of the money and also our emotion. there is no easy thing in the crypto business. When you panic and are depressed, it means that you will probably lose more.

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Quote from: babar pk on May 31, 2022, 10:24:45 AM

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Because you always tend to think that crypto is more on easy gains than hard losses. And that's not how crypto works. Sometimes, there will be even more losses than gains especially if you cannot respond correctly to what the market situation needs you to do. However, there's no reason to keep you feeling like that since you alone is the manager of all your investments. Whatever you gives in to the market will greatly affect on how you will feel towards yourself. So never do things that would make you hurt yourself more.

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Quote from: illetyus on June 07, 2022, 07:06:06 AM

~

Maybe you should take a break for now in crypto there, bud. I've been there back in 2017, and it just kept hurting me mentally day by day until I just took a month away from crypto and decided that I should just find some other things to distract me, because in the end, the loss I had is still a loss in the end and there ain't anything I could do about it.
Led me to somehow a numb mindset, but good thing I was able to think slowly and rationally after the break.
Depression along with stress commonly lead someone to decide with haste and no rationality.

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Quote from: 100xcoin on June 07, 2022, 12:21:52 PM

Quote from: Kronos_DAO on June 01, 2022, 02:23:33 PM

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 market falls and there is a big depression in all the markets.
In such situation many people lost their money and continue to lose money.

The condition of cryptocurrency market depends too much on the economic situation in the world.
When economic situation will change people will have more money for investments.

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If you are not mentally prepared, then you should not be trading at all. Most traders knows the risk of trading and most of us are aware that we might be losing all of our capitals in trading and we are prepared mentally then if you are not ready and you feel stressed then don’t do trading. You are only risking your capital and your mental health at the same time which what I think is not good.

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