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Author Topic: This can be addictive!!  (Read 3788 times)
francojon
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January 26, 2018, 12:46:48 PM
 #41

I'm a newbie and have been into crypto for a couple of months now.  I must say the advice from other members about not checking trades too often is very good.  One can become obsessed with it, and I think the thrill of the "win" can be quite addictive.  Similarly that depressed feeling when the world is "red" can be deflating as well.  There must be a "happy" medium, if one is to maintain a balanced life.

I wish I could say you are wrong, but I am afraid that I am also into the black and red mood with cryptos, and spending too much time trying to figure out where this whole thing is going... in the next few minutes!
sheldonnnn
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January 26, 2018, 12:55:28 PM
 #42

I've became a bit calmer with time. Although at first I really worried and monitored prices constantly. I was a bit obsessed and spent a lot of time on it. I agree that it may look like an addiction.  You have to learn to control yourself and manage time.
BitNaija
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January 26, 2018, 01:03:04 PM
 #43

Where your treasure is, there your heart will be too says the Bible. In so far as you have invested in this market and knowing the volatility, you will always check on it time after time.

Sumarokovalena
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January 26, 2018, 02:54:39 PM
 #44

the main thing here is patience, a certain token through the year to increase 10 times, and after 2 years 100,000 times. remember the story about a man who is in 2016 has bought 7 bitcoins for $ 3000, and lost the password from wallet. how much would he have had?
BillCoin
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January 26, 2018, 02:58:41 PM
 #45

That's the reason that you should make sure that you don't buy/sell things radnomaly just for having fun, and you do it because you actually believe in the coin/ you have some reasons to think that it may go up.

Such a thing may also happen to you at a regular stock exchange, you may find out losing a lot of money or buying/selling things so frequently as you are in a casino.
Remember that you need to pay fees to the broker, and if you don't really know what you are doing you will most likely end up losing your money.

The fluctuations in the cryptocurrency market makes a lot of people to get addicted like it was one of the casino games, people must be careful and shouldn't trade on funds that they can't afford to completely lose.

Welckomtome
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January 26, 2018, 03:08:40 PM
 #46

Go out and enjoy your life, the market is very volatile, you will get profit in the end but good things take time, don't panic sell, hold anything until you are on profit (exception exists).Good luck !
Well said, do not panic and create unnecessary waves! Everything will be more than perfect, just a little patience and the result will not be long in coming!
gilangIDR
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January 26, 2018, 03:15:14 PM
 #47

I'm a newbie and have been into crypto for a couple of months now.  I must say the advice from other members about not checking trades too often is very good.  One can become obsessed with it, and I think the thrill of the "win" can be quite addictive.  Similarly that depressed feeling when the world is "red" can be deflating as well.  There must be a "happy" medium, if one is to maintain a balanced life.
I do not even agree because I know that with more and more we pay attention to the movement of coin that we have then we have the opportunity to get much better profit. By seeing the price movement at any time then we open the opportunity for ourselves to have the opportunity to take the best decision. Imagine when we are not ready to make a decision then we will get a bad condition. A good chance can happen when we can open the gate (timing).
sourish
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January 26, 2018, 03:26:03 PM
 #48

Obsessive behaviour in some form is a part of our everyday lives, and the crypto world is no exception. Just focus, do your research, and clear your priorities in life. Patience and acceptance are the key.
btctube
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January 26, 2018, 03:28:41 PM
 #49


I'm one of the addict long before I learned to store funds as tether when the market isn't stable. This keeps me winning trades as the value of my money is maintained that I don't have to hold them for a long time when the price dip down. This won't keep me up all night staring at the charts and the coinmarketcap.  I'd buy back when it finally hit the support level in the market.
ichsan ardi
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January 26, 2018, 03:33:18 PM
 #50

I'm a newbie and have been into crypto for a couple of months now.  I must say the advice from other members about not checking trades too often is very good.  One can become obsessed with it, and I think the thrill of the "win" can be quite addictive.  Similarly that depressed feeling when the world is "red" can be deflating as well.  There must be a "happy" medium, if one is to maintain a balanced life.

just enjoy it, it can be very addict if u reallyy focus on it. make it just a part pf ur job, not a main job. sometime take a look at market, just for reference. cause market always up and down, it can make u depresed if u always follow it.

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marrg
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January 26, 2018, 04:51:27 PM
 #51

Where your treasure is, there your heart will be too says the Bible. In so far as you have invested in this market and knowing the volatility, you will always check on it time after time.

If you feel dependent, you need to form a discipline.
Because excessive stress spends your resources and you can not be effective in the long run.
Pain Packer
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January 26, 2018, 05:00:55 PM
 #52

Woah. Then I'm starting to get addicted in checking the trades. Since it's my first time to earn from a bounty campaign and still waiting for the devs to give my earnings, I always check the price of a specific coin. But before that, a friend told me that this coin reached about $10 per coin so I'm very happy about it. But since the recent news about China, it plummeted to about $4 per coin. Since that day, I always check the trades, hoping that it will rise again to $10.

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olubams
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January 26, 2018, 05:08:35 PM
 #53

I'm a newbie and have been into crypto for a couple of months now.  I must say the advice from other members about not checking trades too often is very good.  One can become obsessed with it, and I think the thrill of the "win" can be quite addictive.  Similarly that depressed feeling when the world is "red" can be deflating as well.  There must be a "happy" medium, if one is to maintain a balanced life.

If you like yourself, the best is to stick to investing longterm and for those who advises such, its not because they are not conscious of the happenings around the ceypto world, but because checking regularly would not only give you unnecessary stress, it could also make you take some decision that you would not have ordinarily taken if you had been more relaxed and those decisions are not always the best.
Wingo
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January 26, 2018, 05:09:52 PM
 #54

I also got into this situation when I started trading months ago. I had too many sleepless nights and it's hard to control emotions. But then you will realize that the market is continuously growing so if you will hold for long term, you will gain great profits especially if the potential of the coin and the platform behind it is high.
Svelto
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January 26, 2018, 05:14:35 PM
 #55

Yes, I agree that crypto can be addictive. I used to spend a lot of my time in crypto every day. Until my family and friends advise me not to be so obsessed. I still check prices a few times everyday but I am having a better balance between life and crypto now.
lienfaye
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January 26, 2018, 05:35:36 PM
 #56

I'm a newbie and have been into crypto for a couple of months now.  I must say the advice from other members about not checking trades too often is very good.  One can become obsessed with it, and I think the thrill of the "win" can be quite addictive.  Similarly that depressed feeling when the world is "red" can be deflating as well.  There must be a "happy" medium, if one is to maintain a balanced life.
And that should be our attitude when dealing with our investments. If you are a long term holder, monitoring regularly is not advisable because you might commit unnecessary decisions seeing the price in dips. Its important to have plans with your coins on when to trade it with your target price or set how long you want to hold it.

I understand that there are times its hard to refrain ourselves to monitor the value but this is a good practice to avoid sudden mistakes that can turn out to losses.

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Rabbai89
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January 26, 2018, 05:41:27 PM
 #57

YES the trill is definitely awesome, the hard part is staying strong during the dips! And patience is KEY!

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svobodnyi
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January 26, 2018, 05:51:52 PM
 #58


Now is a very good opportunity to buy coins at a very low price!
Next month the price will rise, you need to wait a little)

Shenzou
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January 26, 2018, 06:01:28 PM
 #59

I'm a newbie and have been into crypto for a couple of months now.  I must say the advice from other members about not checking trades too often is very good.  One can become obsessed with it, and I think the thrill of the "win" can be quite addictive.  Similarly that depressed feeling when the world is "red" can be deflating as well.  There must be a "happy" medium, if one is to maintain a balanced life.
I am happy that you actaully took the advise, because there are many people who don't understand the fact that cryptocurrency is a very volitale market and unstable and unpredictibale, and checking the price very seconde is not going to change that, in fact it might lead you to making stupid decesions that you will regret doing in the future, the key to being a good trader is being paitient and not watching the prices all day which is not addictive but also stressfull and not good for your health.
malfurionbtcn
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January 26, 2018, 06:07:59 PM
 #60

Crypto is a very addictive thing. My advice to you: don't rush thing and learn more about it. Sometimes it's better to abstain rather than to lose everything
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