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Topic: Why Depression Starts in Cryptocurrency Anytime - page 7. (Read 887 times)

MiF
sr. member
Activity: 1400
Merit: 258
SecureShift.io | Crypto-Exchange
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
It is nature that we can feel depressed on crypto because we cannot always earn on it sometimes there is also a big loss because crypto is high on volatility and it is decentralized so just think the happy moments during you earn a profit loss will pass and the next is earning. Thats the life of crypto investors and holders and it is normal.
sr. member
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Market fluctuations and wrong investment decisions are everyday life for every investor. The crypto market can be particularly volatile and changes of 10-20% a day are absolutely normal here. If you can't handle it mentally, you should just give it up. There is no point in losing health or money.
no one know the market direction, we just face it with risk management only and trading ratio to avoid big loss. everyday our mental totally tested with several long wick that will shake our position and balance. for beginer its looked so boring while our profits turn to loss due its fluctuations.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
that's just how investing are in general even in stocks market there are the same, and maybe even for majority of investment instrument.
the thing is, you just couldn't always have profit anytime, that's just not how the investing works, instead you gonna face frequent losses if you just couldn't manage your risk and your investment.
its no different in cryptocurrency, even the market of cryptocurrency sometimes a lot more volatile than your usual investment instrument like stocks, but right now considering the market capitalization of cryptocurrency has become big enough, it has more or less the same volatility as stocks

if you are an investor, you should know already that in any investment market, you will not always come out as a winner. at some point, you will incur losses. but such losses will give you good lessons that you can use the next time around. treat such losses as lessons that you can learn from and improve your strategy.
but if you go into this market with high expectations with no basis, you will definitely experience depression because you more then likely will not achieve your targets. start small if you are still learning the market, so the losses will not be devastating.
hero member
Activity: 2954
Merit: 605
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
In that case, I guess you have to leave crypto forever in order to save your life as this was not the right place for you to stay, it was unhealthy on your side.
This is the fact in crypto that all are welcome but not all are able to manage themselves to stay especially if this will only cause losses or if it affect your health.

The better to accept the reality that this was not suitable for you, there are a lot of investment opportunities aside from this maybe that was the right place for you and seeing you done well.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
that's just how investing are in general even in stocks market there are the same, and maybe even for majority of investment instrument.
the thing is, you just couldn't always have profit anytime, that's just not how the investing works, instead you gonna face frequent losses if you just couldn't manage your risk and your investment.
its no different in cryptocurrency, even the market of cryptocurrency sometimes a lot more volatile than your usual investment instrument like stocks, but right now considering the market capitalization of cryptocurrency has become big enough, it has more or less the same volatility as stocks
copper member
Activity: 40
Merit: 0
that's happening caused by you are feeling worry when your invesment was decreasing or increasing. that has ever happened in my life too. The problem is if you are feeling worry if you are seeing the price of your token was going down. You shall not try see your portfolios anytime. I do believe this will make you even better caused by you will not see the volatility in your investment. Stay away from your portfolios and let the market decide it for you. You will not feel depressed anymore with this.

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.
jr. member
Activity: 840
Merit: 6
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
You should start feeling better now, the market is recovering. We are all in the same boat here, so don't let it get you down. If you have any spare cash, this is the time IMO to go all in on promising L1 blockchains like HBAR, CNDL, Celo, and IOTA.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Buy megacap coins and hodl to avoid depression.
That is easy to say but consider the fact that majority of the users in this forum come from a background of low income and are willing to use the craze behind crypto to become rich in future and can only fund a small portion of their monthly salary to bitcoin or so. For them buying megacap coins - which is basically bitcoin, is in one word, tough. Therefore these people end up buying shitcoins because they can get a large volume of shitcoins which a small money.

Basically the crypto community loses its new blood via these channels and this is why shitcoins are bad for new entrants. These people will now enter a vicious cycle of downtrend and depression, unlike those who took the pain of buying some satoshis.

If newbies consider this wisely, I feel a large number of them can be retained as profitable traders.
hero member
Activity: 1848
Merit: 530
The OGz Club
Market fluctuations and wrong investment decisions are everyday life for every investor. The crypto market can be particularly volatile and changes of 10-20% a day are absolutely normal here. If you can't handle it mentally, you should just give it up. There is no point in losing health or money.
hero member
Activity: 2926
Merit: 567
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

You will be depressed here as long as you're not following the golden rule of investing and that is "only invest what you can afford to lose", and you do not understand how the market works, you are in the wrong place of investing if you only want to make a profit and you feel depressed when you're losing.

You only want profit because you have been deceived that it's easy to make a profit in Cryptocurrency, when its not, take stock of yourself and ask if it's worth investing or is it worth free from depression. 
hero member
Activity: 2268
Merit: 507
that's happening caused by you are feeling worry when your invesment was decreasing or increasing. that has ever happened in my life too. The problem is if you are feeling worry if you are seeing the price of your token was going down. You shall not try see your portfolios anytime. I do believe this will make you even better caused by you will not see the volatility in your investment. Stay away from your portfolios and let the market decide it for you. You will not feel depressed anymore with this.
hero member
Activity: 2912
Merit: 556
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I guess it's because they can't anticipate themselves when they see the volatile state of the crypto market, and many of them are losing trades. If they can handle their feelings and don't spend too much money anticipating losses, they won't feel depressed. This depends on how we can manage it to avoid depression no matter what market conditions are.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Then never try to see the market again. Are you new in the crypto? if yes and you shall adapt with the crypto market. The movement of the price is really fast compared with the stock market. in the crypto market and you may face so many heart attack caused by the price can be dumped so hard and then jumped to the moon at the same time. it's better if you are starting to train your depression. If you can't adapt with the crypto market and just try that slowly.
You shall need to invest in what you can afford to lose and this may reduce your depression. You shall not use the hot money.
legendary
Activity: 1554
Merit: 1167
Gamble responsibly
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.

its just the usual days for crypto traders, but I have never gotten depression after I got some profit
Depression is not about positivity but negativity. If you are making profit from anything, you can not be depressed. In crypto, those that can be depressed are those that hold and see their coin decreasing in value, this can cause some people to panic and sell their coins. Some coins are shitcoins, their value decrease and decrease more and more. If you buy and you make profit, that should not lead to depression.
newbie
Activity: 70
Merit: 0
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
its just the usual days for crypto traders, but I have never gotten depression after I got some profit
hero member
Activity: 3038
Merit: 617
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

I'm sorry to heat that, but that's how the market works unfortunately. Let me tell you one story, a personally know a guy who quit his job in 2017 because he wanted to focus on crypto because that time we are in a bull run and there are a lot of opportunity. But later in 2018 we suddenly goes on a bear market. What I'm trying to say is that crypto market is not permanent. It can give you profits, but it won't last, you need to prepare yourself like saving so that you won't get depressed during bear market.

That's why everyone has to sell whenever they find the price to be at its ATH. I couldn't say its greed when you keep waiting for higher price when you know a bear market waiting ahead.

You'd really be depressed when you see your profit goes more than $100K and then you waited for the price to go all the way up ignoring the price correction not realizing its in fact a bear market.
hero member
Activity: 2632
Merit: 833
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

I'm sorry to hear that, but that's how the market works unfortunately. Let me tell you one story, a personally know a guy who quit his job in 2017 because he wanted to focus on crypto because that time we are in a bull run and there are a lot of opportunity. But later in 2018 we suddenly goes on a bear market. What I'm trying to say is that crypto market is not permanent. It can give you profits, but it won't last, you need to prepare yourself like saving so that you won't get depressed during bear market.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
It's something natural. You're losing something you're expecting to win, and with the involvement of money, you're expectations are naturally boosted, so the loss is naturally bigger than normal. It's not only in cryptocurrency really, anything that you do that you create expectations for would naturally bring depression to you when you fail to achieve that certain result that you want or expected. It's probably just quicker here in investing or in the crypto market specifically due to how volatile the market is, aka the scenarios where you expect to profit happen way more (and so as the situations where you lose money).
member
Activity: 251
Merit: 80
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Buy megacap coins and hodl to avoid depression.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
That's a pressure when you are investing or trading in the crypto. The volatility was making it happen. That's why you shall familiar with the movement in the crypto market. You will be seeing a very fast movement from the crypto market that will make your investment become positiver and negative. If you are not even familiar with that and im sure that if you will not able to control your emotion. This is a common thing in the crypto but when you are feeling depressed with it and just try to train yourself.
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