Why Depression Starts in Cryptocurrency Anytime - page 5.

100xcoin

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Quote from: SDKmaster on June 06, 2022, 02:08:18 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.

Fall of the market is very difficult time for all cryptocurrency industry. In such situation only the best projects will be able to survive.
Thanks this cryptocurrency industry will become bette as only the best projects will be there.

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.

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Quote from: DeathAngel on June 04, 2022, 01:57:53 PM

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.

Cryptocurrency is highly volatile, it’s actually one of the best things about it. We have 4 year cycles since inception of bitcoin in 2009. You buy as much as you can when we’re in a bear market & you sell some when we’re in a bull market. It’s really not that difficult, only impatient people lose.

It sounds simple, but when we start investing, it's not as convenient as we imagine. Those who have been through a bear market in 2018 know what it feels like and we have since learned from our bones that a bear market will rise and never fall forever but when the market really went down again and saw our assets drop significantly, I believe more or less everyone has worries. Many people temporarily cannot control their emotions, so they can make wrong decisions. Actually, holding is also very difficult, not so simple that everyone can do it.

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In my opinion the crypto market is very volatile so anyone who wants to invest in it must have a strong mentality so as not to be pressured by it, therefore before choosing the coin that you will invest in, you should do in-depth research about coins, so your chances of getting profit are very wide open. ,

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So anyway, I applied as a merit source :)

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

I got depressed twice because of the crypto market.

A market is bunch of projects with buying and selling prices. It is way less significant than your mental health, so take care of yourself and dont get too involved in making money. Taking a break helps but if you want to trade with profit, you have to rethink how to trade and also how to use the movements for advantages to buy/sell. Otherwise, like most short stint traders, you would have to stop trading.

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My first depression was on March 13, 2020. Looking at it now, it was a great buying opportunity.

It is good that you understood this. Make it a point to observe everytime the market falls for buying chances.

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My second depression was with the luna crash. The altcoins I own have lost a lot of value. I lost 2/3 of my money.

Since I was there when bitconnect happened, I saw a lot many people lose money through it. Though I was aware myself about it being a hype, I tried to tell others but it was in vain. Same scam but in a different form happened with this one.

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I hope the cycle continues and the market rises again.

Patience is the key. The market always cycles back, it is just a matte of when.

illetyus

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I got depressed twice because of the crypto market.
My first depression was on March 13, 2020. Looking at it now, it was a great buying opportunity.

My second depression was with the luna crash. The altcoins I own have lost a lot of value. I lost 2/3 of my money.

I hope the cycle continues and the market rises again.

MrDave

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The answer is hiding in your question only. The crypto market is totally so volatile so the risk is always on the higher side. If you can gain profit then you can also make loss. And if the money loss is way higher, one would be in depression for sure.

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Quote from: bhooscream on June 03, 2022, 06:55:58 PM

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.

Be patient, dude.
this is what is called life in crypto space Cheesy

Not only you, but many people also feel the same. But what makes us different is how we can control damage our emotions which will also influence how we manage our money in investing in crypto projects. When you are frustrated enough from crypto, just be patient, calm down, and wait for little bit of time again. refresh your brain and wait for long term investment work, moreover if you invest in Bitcoin or top coins, at elast you still have higher chance in the next bullish market

thats right, the key is patience and also hold yourselves from being too attached with the investment, so many newbie traders always look at the chart like every minutes and that alone already bring such pressure for our emotions.
it's always better to focus in something else like being productive instead of being too fixated in looking at the chart every minutes.
after all even if the charts make a move, and maybe the market has decided to have correction there is nothing that you can do really, maybe making a cut loss but that gonna realize your unrealized loss in investing.

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Quote from: Poker_Faces on June 05, 2022, 08:21:21 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.

Many people are waiting for the rise of the market but not all projects will be able to survive during the fall of the market and nobody knows how long the fall of the market will last.

Fall of the market is very difficult time for all cryptocurrency industry. In such situation only the best projects will be able to survive.
Thanks this cryptocurrency industry will become bette as only the best projects will be there.

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Quote from: Mushe_World on June 04, 2022, 08:44:21 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.

Because of Depression now many people are desappointed in investments because all markets falls.
But after the fall of the market will be a rise and after depression will be restore of economy Cool

Many people are waiting for the rise of the market but not all projects will be able to survive during the fall of the market and nobody knows how long the fall of the market will last.

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Quote from: DeathAngel on June 04, 2022, 01:57:53 PM

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.

Cryptocurrency is highly volatile, it’s actually one of the best things about it. We have 4 year cycles since inception of bitcoin in 2009. You buy as much as you can when we’re in a bear market & you sell some when we’re in a bull market. It’s really not that difficult, only impatient people lose.

but this is only for people who has spare funds and with no urgent needs for their investment. i do agree that people are impatient, but what can you do if they badly need their funds? so before you buy in this market, know your targets and capability. if you can't hold long, expect that you may sell it at a loss if you need your funds.
depression can be experienced if the person is not ready to accept loss or he is expecting different from what he is seeing with his funds.

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Quote from: Jackl87 on June 04, 2022, 02:49:37 PM

~

It is simply the emotional attachment to your investment, because why you wouldn't be anyway. No one likes to be broke. Everyone needs money and if you risk that kind of need to something trash, it would obviously take a toll in you emotionally.
There are no such thing as not being emotional. Maybe people are calling it to be not emotionally tied to something, but emotion is still there. I've been emotional to my investments back in 2017, but I got used to those emotions that it made me decide better.
You can't just tell someone to "stop being emotional".

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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.

To trade crypto currencies, you need to understand and obey economic laws, for every demand, there is a supply, for every highly priced products, there is always a diminishing returns. This is why in crypto currency trades, you must take profits every time your investment is at a peaked price, because no matter how pumped up in value a token goes, diminishing returns will come for it and it will be low in price. This is why we have the bear market and the bull market.

Also, please if you know that your health issues cannot handle pressure, it is best to leave out crypto currency as an investment option

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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.

It's always a matter of the personal view on things. For some people the bottle is always half full for others it is always half empty. I usually also have a rather unemotional or even negative view on things. So according to your statement i would guess that you are also a pretty negative person in general. If it is really true though, that you are still unhappy or even depressive even though you made an successful investment and are making a profit, then you should really try to change your perspective.

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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.

To avoid depression, you need to stop perceiving "virtual" price spikes sensitively. When the price of cryptocurrency rises, it is not really a real profit if at that moment you are not selling crypto at the current rate. The same applies if the price falls. It will be possible to assess realistically whether you will make a profit or loss only after you sell cryptocurrency and compare it with the purchase price. In short, stop overreacting to changes in the crypto market if you continue to hold your cryptocurrency and have not taken profit or loss on the current trade.

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In doing any business, of course, we have our own risks as well as the crypto world which we always have to face gains and losses and that sometimes we don't know when it happens, to avoid depression then I have to be patient in any situation otherwise the panic we feel can lead to depression as you said, with the current state of the market we have to be patient to deal with it.

there is always a minimum of risk and what we plan is not always good, there must be obstacles that we are not aware of. like in the position of enjoying the bull season but we forget on the axis that has an opponent there will be a bear season next, this makes people always work hard. life will always be below and at the peak of pleasure

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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.

Cryptocurrency is highly volatile, it’s actually one of the best things about it. We have 4 year cycles since inception of bitcoin in 2009. You buy as much as you can when we’re in a bear market & you sell some when we’re in a bull market. It’s really not that difficult, only impatient people lose.

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Quote from: KaliLinux on June 04, 2022, 08:29:35 AM

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 must realize that there are two ways your Investment will go, either you are making a profit or a loss and it is no different for crypto Investment most importantly I believe investors should consider what type of coins they invest their funds in because regardless of whether your portfolio gains are in the red as long as you don't sell you haven't lost and there is a good chance of recovery so, these are some of the things to consider when investing so that you don't feel the way you do when the market is down.

Of course, when we trade or do business, there will be a possibility of us making a profit or loss. when we decide to invest of course we know the risks.
but when it comes to choosing the right asset, I don't think there's any reason to lose. even if it is declining, we can see it coming back to our advantage in the future. It all depends on our patience, and the most important thing is the assets we have. we must have confidence in the future we will get a decent return.

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You don't always win. Because this ain't heaven yet. That proves you are still in the world of the living. Grin

But seriously, if you survive those ups and downs then it makes you stronger and wiser not being depressed. There will always be the lonely part and that is when you are losing but with the experience that you harvested from all the losses it becomes a normal situation.
What will linger will be the urge to win it back just like what you did back when you lose. It's not only in cryptocurrencies, I am sure of that.

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that is like the most basic principle of investing,sometimes you could gain tremendous return of investment and sometimes you just lost some share of your investment.
If you just want steady income from investment then you better off staking altcoin like USDT that are non volatile altcoin and could give you consistent profit although at the end of the day the final return of investment is also low.
as many have said, the higher risk the higher return of investment you could get, and that's the basic of investing.

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Quote from: Megladoge on June 03, 2022, 01:29:55 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.

Now economic situation in the world is very difficult. Many people lost their jobs, inflation in many countries continue to increase.
Many markets falls including cryptoucurrency market and nobody knows how long will be such fall.

Because of Depression now many people are desappointed in investments because all markets falls.
But after the fall of the market will be a rise and after depression will be restore of economy Cool

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