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Author Topic: Bitcoin: Stress and Happiness  (Read 2963 times)
Edraket31
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October 16, 2019, 08:29:06 AM
 #101

My source money investment from joining bounty campaign I don't care with how lower price bitcoin later, I can't stress because I use money for investing with bitcoin from free way to earn bitcoin. Lost or not is not really have to disappointed, maybe for other investor sold their house or loan from bank use to invest with bitcoin and price down they will be stress with bitcoin investment.

Indeed! Be thankful all the time whether it is just small amount of money, we should be happy no matter what. Bitcoin will bring us stress and happiness depending on our perception, how much we value and handle it. Everyday is not always a profit day even for day traders so learn to accept and contented sometimes.

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October 16, 2019, 09:03:29 AM
 #102

Trading is a mix of stress and happiness, but that's life
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October 16, 2019, 09:14:35 AM
 #103



In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

Having multiple sources of income would help alot. This also applies to other areas of businesses or investments. Many wealthy business owners have multiple companies. If one company stops being very profitable, they continue using others companies. This helps them cope with the little problem the other company is going through until the company begins to be profitable again.
I think you should have multiple sources of income and you wouldn't worry too much about price again


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October 16, 2019, 01:34:17 PM
 #104



In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

Having multiple sources of income would help alot. This also applies to other areas of businesses or investments. Many wealthy business owners have multiple companies. If one company stops being very profitable, they continue using others companies. This helps them cope with the little problem the other company is going through until the company begins to be profitable again.
I think you should have multiple sources of income and you wouldn't worry too much about price again

Even if you don't have other businesses or sources of income, if you think you are already stressed by what is going on in the market, it is good for you to take a little rest from it. We all have hobbies that we can make ourselves busy with and forget about the prices, the drop, and the bears. Why not take a short vacation, away from the charts and the screen? For me it is not worth stressing ourselves with the market when we know that the bad days are temporary.
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October 16, 2019, 01:47:19 PM
 #105



In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder m/2018/02/02/apple-co-founder-steve-wozniak-on-selling-bitcoin.html]sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

I have one question, why can’t we wait for the recovery of Bitcoin or any other major currency and do things that cause stress (sell at an unprofitable price)? Do you not believe enough that the coin will be above the price mark at which you bought it?

Different people, different situations, different choices, different reasons, it's not that we can't wait for the recovery of the market, the reason is that we have needs in life, we have obligations and responsibilities, we invested our money in something and took the risk to earn money, but we can't always be sure if it is going to give us positive outcome or the other way around. If you are in a pinch situation, your son needed the money for his operation to live, will you wait for the market recovery in exchange of your son's life? I don't think so.

though there are still other ways if we want to save our cryptocurrency, like borrowing fiat to our families and friends and you'll pay them once the market became bullish.
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October 16, 2019, 05:20:53 PM
 #106

A simple solution to this if you are a long term holder is that just invest your money and forget about the price.
Forget about the volatility and hence there will be no stress to take. Check the price in half yearly or annual basis.
Withdraw the profits and stay happy.

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October 17, 2019, 07:06:52 PM
 #107

A simple solution to this if you are a long term holder is that just invest your money and forget about the price.
Forget about the volatility and hence there will be no stress to take. Check the price in half yearly or annual basis.
Withdraw the profits and stay happy.
Then if you do this and do not react to situations and trends of the cryptocurrency market. It is better to invest only in Bitcoin and Ethereum. You cannot invest in Alcoins with this strategy.

If you been a trader you will not only focus the Bitcoin and ethereum. There are plenty of altcoins in the market and make the returns out of it. If we need to make the profit any kind of cryptocurrency is fine.
Even you will apply it on your investment and then I always take cryptocurrency is a factor for my happiness. When it gives the low value also you need to go for holding.

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October 17, 2019, 07:19:33 PM
 #108

Trading is a mix of stress and happiness, but that's life

Everyone is chosing his own way of making money. Trading is an unpredictable result, it is a kind of casino, so stress is inevitable. Everyone who is going to do this should understand that it is hard and steals nerves.
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October 17, 2019, 08:06:15 PM
 #109

How do you manage any possible stress coming from Bitcoin's volatility?

I manage strees coming from Bitcoin volatility by having enough knowledge about its market fundamentals.  Knowing the fundamentals can at leaset secure us that Bitcoin will eventually goes up, this crashes are just a temporary event Bitcoin will push through these difficult times.  Besides, I only use the money that is free and never used the family budget for buying Bitcoin.  Probably that is the reason why I am not stressed when Bitcoin goes up and down, I only use the money I can afford to lose.
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October 17, 2019, 08:32:52 PM
 #110

I'm not too stressed if price of bitcoin goes down because what that I did from the beginning until now, I only bought bitcoin not with personal capital Other than that there is nothing to worry about price bitcoin, bitcoin can pump high if big news comes so in my opinion just a matter of waiting to time pump bitcoin

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October 17, 2019, 11:12:41 PM
 #111

I'm not too stressed if price of bitcoin goes down because what that I did from the beginning until now, I only bought bitcoin not with personal capital Other than that there is nothing to worry about price bitcoin, bitcoin can pump high if big news comes so in my opinion just a matter of waiting to time pump bitcoin
You should have and to know the fact that is the reality about crypto and Bitcoin. As living into the decentralized form of market, isn't anew to experience like this but it all went good in the future when globally used bitcoin as another form of currency. It is most likely we experience a huge market change since we are still in the developing stage. Price fluctuation remains until then, but not a big thing to worried about cause it eventually settled down in the future.

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October 18, 2019, 06:41:07 AM
 #112

There is nothing about being stressed if you play it right, by playing right I mean first only invest what you can bear to lose then second when it comes to bitcoin I have seen is it is better to buy them when low and store them away for quite some time.
We only stress ourselves from this market and with bitcoin, if you are greedy then you will be stressed if bitcoin turns down your hope for a while. We have to set our mind right, have the best understanding about bitcoin and invest on the right time, I mean while the price of bitcoin is down, better to buy for sure it can bring happiness  to you on next pump.
Could not agree any less mate. As you said it is about the greediness which will put you to stress if the market starts falling down but if one can think well then the market prices falling could be a good thing as he/she can buy some more coins and store them till the next time the market goes up.
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October 18, 2019, 11:19:53 AM
 #113

Trading is a mix of stress and happiness, but that's life

Everyone is chosing his own way of making money. Trading is an unpredictable result, it is a kind of casino, so stress is inevitable. Everyone who is going to do this should understand that it is hard and steals nerves.
I believed either that crypto trading is also another form of gambling due to the volatility in nature of the market but every investment/trading has its own risk involving. Meanwhile, the volatility in nature of bitcoin is to open for new market opportunity and every crypto traders/investors that understand the depth or purpose of it won't see the stress in the volatility but the happiness in it. 


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October 18, 2019, 12:17:28 PM
 #114

Bitcoin really bought us the happiness and stress and that what is crypto world becomes more fun! The way we risk in bitcoin is the most enjoyable moment in which we are happy if the bitcoin that we risk our funds jump all out and pump so very high and also makes us stressing when the market including bitcoin dump so bad. For us to avoid stress we must risk only the money we are ready to lose. But for me, I really want the feel when the stress part comes become my happiness and excitement.
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October 18, 2019, 12:35:26 PM
 #115

Stress and happiness are inseparable in investment and that is what will be experienced, and stress when what is invested is in a state of decline or decline for too long because it waits too long to go up.
and will feel happy when what has been invested has increased because it will be a profit that will make happiness, it all depends on who uses it and if you use a long-term method in my opinion it will not be too Stress because investing without a set time limit and only what is invested is expected to increase the high value even though the risk will wait quite a long time.


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doomistake
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October 18, 2019, 03:27:57 PM
 #116

Trading is a mix of stress and happiness, but that's life

You could stress yourself out (in a good way) because it will be worth it always, trust me, always, but when you are going to stress yourself out in a bad way, like not getting over with the mistake you've made where you lost your profits, you're not going to grow, you'll be forever broken that can't do anything about Trading to gain back what you have lost because you are living in your failures.

Instead of stressing yourself in failures, make it your strenght and amber to seek more knowledge that will give you profits in the future.

milani
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October 18, 2019, 03:44:29 PM
 #117



In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?


After 2017 year and great times in cryptoworld for everyone it was hard to accept the fact, that lots of assets and enormous opportunities had been lost forever. And of course telling the truth it would be a real lie to tell that there were no stress after loosing in 2018, but ups and downs it is the life, not only in cryptocurrency world this rule works. So first of all it is the experience it's no doubt. And the main thing is your mental and physical health. It is the most fragile thing I think. If you remember about this no other thing will matter so much. Nothing will make you go mad. Without yourself no money or crypto will have any sense.
gabbie2010
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October 18, 2019, 03:53:33 PM
 #118

How do you manage any possible stress coming from Bitcoin's volatility?
I'm not getting stressed at all when bitcoin volatility attack, instead I became happy that it is moving either down or up. I like it when bitcoins price goes down because I get to buy more and later on profit more and I also like bitcoin price going up because of profits( who doesn't like bitcoin pumping Lol).

Almost everything in our world is both a source of stress and happiness so if you get used to it it will just be normal for you and won't affect you at all.
Once I secured my bitcoin in a wallet I never bother about it volatility thus I am not stressed at all if early adopters could endure so much and have a firm believe in btc why would I fear when it is dumping I always see bitcoin as a source of happiness when its pumps however whatever goes up must come down thus for the fact that bitcoin is existing there shouldn't be any cause for alarm.

qwertyup23
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October 18, 2019, 04:34:45 PM
 #119



In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

Stress and happiness are both attitudes that highly depend on the perspective of an individual and how he/she does something to turn the tides of his emotion to a more positive one.

The problem with most people who invested in bitcoin way back when its price reached an all time high of around $19,000, they invested impulsively (due to heavy influence of media and hype) without even studying or predicting the outcome in the next few weeks. Unfortunately, people who invested at that price are still at loss even today. Now, how do one approach this kind of situation? This would now depend on how you recover by learning your mistakes and recover them by investing smart. Contemplating about your lost investment would only hamper your growth towards learning.
Oneandpure
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October 18, 2019, 04:59:13 PM
 #120

Every investment you faced with both situation stress and happy, when your investment get profit you can happy but when lost you will stress, every investment have real product or not you faced with both situation, now with bitcoin you are happy when your bitcoin investing raise higher price, but you will stress when your bitcoin assets have down, use your investment source from bounty or airdrop to make you keep happy when price down.

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