Topic: Why Depression Starts in Cryptocurrency Anytime - page 8. (Read 887 times)

Cryptocurrency investment brings so much risks and pressures knowing its highly volatile so if you cannot manage them well, depression may eventually occur. However, if you are ready for all the unexpected things to happen because this crypto market is certainly unpredictable, getting depressed is far to be possible. And always invest what you can afford to lose, that way you will never be hurt so badly even if you end up losing from them.

It means that you are not ready for this crypto business.
Ready here means that you are ready with the risks, not only the gains. And I think also that actually, life is like this, isn't it? Nothing will run very well always, sometimes, there is something that doesn't match with our expectations.

Depression can be found anywhere and in this market, it is no exception.
If you don't know how to handle yourself, depression will kick in anytime.
So before you go into this market, you should understand what you are getting into.
Learn the possible pros and cons on getting into this industry before blindly spending money to hype coins.
Most have high expectations, thus, forming an illusion that they can get rich in this market.
You need to be realistic with things and be practical with your decisions.

Cryptocurrency is a highly volatile market.  Aside from that many fraudsters use the crypto environment to scam people.  Getting depressed in this kind of environment is very easy but there are some pointers where you can avoid being depressed no matter what happens to the industry and that is to only invest what you can afford to lose.  With this guideline in hands, we can avoid getting into trouble whenever the market trend becomes sour thus saving us from all the headaches and worries that cause 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.

It is because this is the nature of the crypto market. You've heard of it that it is a very volatile market and that's why the market is sometimes low and sometimes high.

Then just feel it and get used to it. You'll learn it if it happens that you're still new to the market, there are a lot to learn from the market if you think why this and that happens.

In a volatile market like this one everything can happen at any time. Today you might see your investments rising 30%, but on the next day you might see everything falling apart and your investments losing 50% of their initial value.

We, as human beings have a hard time adapting ourselves to uncertainties, so when we are in a situation where dealing with volatility and unpredictable fluctuations is inevitable, we tend to feel sad and depressed the more we absorb the dynamics of this environment. Somehow we are constantly trying to predict and decide what is going to happen in our future, what is going to happen next in our life. That is why we make plans, have goals and feel so accomplished when everything works in the way we planned. But when we fail with our personal goals, plans and aspirations, that depressive feeling hits us really hard.

For this reason, you should always keep your mind on the reality. Don't have absurd goals and expectations about cryptocurrency, so you avoid disappointing yourself if something goes wrong. Besides that, put God above everything else in your life and keep in mind you aren't going to be helpless in any moments, since you have Him by your side. The fulfillment and peace you will feel by doing this is enough to not let any depression take control of you.

depression because expectations don't match reality. that's always the case in crypto. before investing always imagine the bad things and how to deal with such conditions. Investing or trading does test your patience and mentality and even though you can get through it it doesn't mean you are in the right financial condition. so it's complicated.

Depression is a strong term to use. Feeling bad about losses is a less severe term. If you are really feeling depressed over losses then you need to stop trading, it will not do you any good. Probably you are doing a lot of wrong things making trading a mess but this only you can know.

Although losses are common in trading, there are ways to deal with them. Risk management is important here, not investing more than what you can lose is the first step. Investing in bitcoin more than shitcoins is the second.

A bear market takes its toll on the traders. If the bearish trend is the reason for this, you should take a break from the market.

It is just like a business, you can make profit or loss. No investment doesn't have its own risks and losses can occur at anytime. There are both bull and bear time. This time it's more for the bears and not a time that favors buying.

People are depressed after they lose, they have loses because they are not patient the market is full of the bears and dump. They can wait to the level that they will know that the price will not go further below or of gone further below, but buying at the level the bull market will be so significant for profit and later overide their losses.

Some people just deal with shitcoins, which is another reason.

I will advice you to invest in bitcoin or a good marketcap coins rather than shitcoins.

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