Bitcoin: Stress and Happiness

[Haunebu]

Tbh, holding it long term could give you less stress as you wouldn't bother about the volatility thus you're confident that ten years ( or more ) from now bitcoin price cannot be afford of an ordinary people.

I agree. HODLING in the long term is difficult and only for people who are extremely patient like me, but the big plus point is the low stress involved and the possibility to earn big money without putting in a lot of effort.

Just stop looking at the price of bitcoin. Bitcoin's volatility is one of the reason why it is profitable and also it is the reason why it gives stress when you see the value flactuating or if you missed an opportunity to earn.

Actually, its volatility is a double-edged sword. It is possible to earn in a big way thanks to the volatility factor, but more consumers will embrace BTC if its value stays stable over a long period of time.

[febriyana]

That is true Bitcoin can make us be stress, i don't know if after buy it always looking on the chart, preparing for bad condition like crash in minute.
But there is not only Bitcoin in every aspect i think can make us stress, like buying new car, you maybe scare if someone give line with stone in your car.
The only way is always calculate how much you ready to lose, every my investment now is based with free money, so if Bitcoin for example have no price $0, i don't too much stress about it. But if get jumping with the highest price i will stay calm and say thanks God.

[yoseph]

Just stop looking at the price of bitcoin. Bitcoin's volatility is one of the reason why it is profitable and also it is the reason why it gives stress when you see the value flactuating or if you missed an opportunity to earn.

Don't put much emotion on the market and just grab all the opportunities to earn. Bitcoin or the whole crypto in general can give you roller coaster of emotion, but I believe it can change your life if you know what you are doing.

With the amount of money that some people invest into Bitcoins, I am not all that surprised when people get all stressed out when the thought of maybe them losing their investments cross their minds. My advice to them is that they shouldn't invest any amount that they are not prepared to lose am sure that will bring their stress levels down.

[lobat999]

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

Despite having very little and insignificant crypto holdings, I always think positive, optimistic and hopeful believing that Bitcoin and other notable cryptocurrencies will eventually have their own place in this crypto revolution in the long term  and I understand that there is no sense in feeling very anxious in its everyday price volatility! Instead, we should divert out attention to things that are important to us and also do  things we love, like spending quality time with family, reading books, etc.

I also think that we should always upheld our sense of enthusiasm and in this way, we live a life with less worries and stress and no matter what happens, we should control our greed and let the cryptoverse take its due course! "Hopes springs eternal".

[michellee]

I don't feel that it will bring me stress to see the volatility of bitcoin price because I can accept the risk when I knew that bitcoin price is always moved. Without taking the risk, you will feel stress, and you cannot survive in the bear market, and you will lose your bitcoin too because you will sell your bitcoin if the price is down. You need to calm down with everything happenings in the market so you can reduce your stress and you will have a chance to recover your losses.

[ivakar]

there is one more thing in a man life which cause almost same emotions of stress and happiness. a Wife.
see, a started this word with a capital "W". just in case, you know. 

as per your question, I remember that I lived in crypto in 2017. I knew every minute exchange rate for many coins to btc, a lot of deals were in progress and so on..
but once bitcoin went down, my everyday life slowly took over crypto. so yes, I have some btc, sometimes I do some deal, but not stress for me now, and that is really good. it is just a part of life.

[SummerBliss]

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?

I know that volatility in prices sometimes create stress and panic situation when prices go to a very low level but there is no need to worry about this. Think it as an opportunity to buy at low and sell at high prices when bull run hits the market and gain profit which will eventually lead you to happiness.Be optimistic about its growth and try to take risks if you want to survive in long run.

[jets567]

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

It could be really stressful for someone who holds a large amount of Bitcoin but that is the sacrifice you have to endure in order to gain from your investment, if you truly believe that Bitcoin will make a new ATH then don't monitor the price daily and just use some available tracker Apps that alerts you whenever Bitcoin price surge to be updated since the value of Bitcoin can change in just few hours.

Don't let the bad news ruin your belief and trust about Bitcoin but think that it is only a hindrance to Bitcoin's success.

[Google+]

trading is very fun because I can get a lot of profit from trading, trading must be calm and do not let you be affected by bad news or affected by the situation at the exchange, as long as you can control your calm you will get a lot of profit, follow the movements of rising and falling prices and must take advantage of these movements.

[peter0425]

Stress when losing but happiness when profiting so what’s new?all we have to do is balanced both.be ready in Dumping but be aware of Growth to follow

When the market is falling?al I do is not to look in any exchange so I prevent myself from being stressed .because that’s the reason why many are in panic mode because of updating always the movement

If we trust Bitcoin why need to stress yourself!?and for 10 years of existence?we have already seen all the sides and we must understand the routine

[Genemind]

You won't actually get stressed if you know how to deal with the changes. Bitcoin is always challenging so it's either you get stressed or enjoy it. In my case, I'm actually enjoying it and I've learned a lot from it. You'll only get stressed if you don't know the drill of when to buy and when to sell. Everything challenges would result in success in time.

[BitHodler]

If we trust Bitcoin why need to stress yourself!?and for 10 years of existence?we have already seen all the sides and we must understand the routine

People's "trust" in Bitcoin is based on the price and therefore unreliable. If you also take into consideration that people are unreliable themselves when they have money to lose, it's a deadly combination.

Overall, I think that people are never really satisfied.... if they lose they are obviously upset and stressed, but when they profit they are upset too because they blame themselves for not having invested more.

The main problem is that a lot people who entered into crypto haven't had any prior investing/trading experience, so they mess around and lose. Most will lose and leave while the minority profits and continues to stay.

[Mandoy]

This is really true and I agree with it. Bitcoin was the one who give me financial freedom since before I met bitcoin I was drowning in financial debt. With bitcoin coming into the picture I have met many online jobs that pays bitcoin and that has helped me a lot to pay all of my debts and provide the needs of my family. Bitcoin was my financial savior and it was truly a bliss experiencing bitcoin in my life. But at the same time it also stressed me out since I have less slip doing trading and research and other online bitcoin related jobs. Aside from physically stressed, mental and emotional stress was also there since when bitcoins value was going down my heart beat is racing and I cannot sleep at all.

But overall I am happy with bitcoin.

[coin-investor]

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?

It doesn't have to be this way, nothing will change the way Bitcoin performs in the market, it always goes up and always goes down, it's how we educate and prepare ourselves before we entered the market that makes the big difference, is has been said a million times, only invest what you can afford to lose, if you have this thought and you are prepared then you have no problem if the market goes up and goes down.

[crossabdd]

when I first entered into the bitcoin exchange in my country. on the web cover it was announced "Bitcoin trading is very volatile, all risks are at your own responsibility. close if you don't have knowledge, or learn before trading" when I registered and tried trading. that's very happy. because it gives profits quickly, but when I go back to buy and have to fall ... I am very stressed. from then on I learned, and began to understand. so at the moment I trade calmly, despite being down trend and stuck. for believing it will come back and benefit me. waiting for a happy ending with bitcoin.

[LUCKMCFLY]

~snip~

Stress is not good that you transmit it to your market analysis, because I recommend that you leave a part in Hold and another part of Bitcoin to speculate in the market. Do not be guided by what the Apple co-founder does, it was his decision to do what he did with his Bitcoin, the stress occurs when you are speculating in the market and things do not go well, what you should do is simply analyze the market Regardless of the news, just with your arguments, sometimes listening to messages, watching news or following what an influencer does is bad.

Base yourself on your analysis and your trading plan, I recommend that you do long and medium term trading, you are less likely to suffer stress and have no anxiety to see the price rise, remember that the market is often moved by emotions, and That is what you should realize to do the opposite later, since this is how the whales think.

[ardentvolcanoes]

Setting up proper mindsets before you take your steps inside this market, you should not take part of something you really understand. From that point, learning is a must to avoid stressing yourself once everything is already rolling with your investment. right attitude towards the future success that you are anticipating helps you to be calmed in any market movements. Not to excited, but thinking wiser enough to enjoy your stay.

[Xxmodded]

Bitcoin can make you stress and happy, when price is grow up you will be happy because you get profit but when bitcoin down you stress with lost much money in bitcoin investment. You need to back up your money with other investment when bitcoin down your earning still run with other investment but if you don't have other passive income you will be stress when looking bitcoin of your investment have lower price and you lost much money with bitcoin.

[Aying]

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

I dont mind the stress as long I gain my profit with my holding.. I do an option which is for my short time investments and long term investments. I divided my funds in to two options so in time I need funds I can choose my short time investment so if btc will up I dont have any regrets because I hold for my long term investment. that's how easy you can avoid stress and negative thinking. just make your own way to avoid it. 

[bitzizzix]

I will feel stressed when experiencing while waiting for the price of bitcoin to rise for too long, but stress will turn into happiness when the price of bitcoin rises.
so stress and happiness will exist in the world of cryptocurrency and occur due to various reasons and problems of each of those who experience it.