Bitcoin's price, and our mental health.

[pragna]

Yea, Suicide is not the last step in life i think. LIfe if like a war and we are in battle field. So there must be ups and downs every time but if we go to suicide that means we Defeated in war. In crypto life also like battle field and we have to fight with our brain always. We have to invest with claver so that we may win.

good day.

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[Eplus_Team]

Longterm holders should not worry about the price that much. I think im a longterm holder, but I cant resist from checking the prices every now and then. My estimate is that in a day I check the Bitcoin prices at least 40-70 times. And with everyone working from home now, staying away from this habit has become even more difficult.

[CHENIEN]

Almost all people are surprize the unexpected  impact of covid-19 and the government fronliner forces has creating some medical check up to all bounderies to avoid infected person to enter inside the respective area is to control the propagation of the pandemic virus, at this season we are all the victims there is no exempted in fact we are still worried about the price of Bitcoin but totally this not the end of the world we need to stay waiting for the increase because it's all about a trials on how we stable.

[TrevorS]

The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.

Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.

[coupable]

The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.

Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.

It depends on the willings of the holder. Someone looking to make a profit in a short term basis will always be frustrated, while real holders are already adopted with crashes. It's not really about mental health rather than a normal fear of non experienced users. If someone doesn't take volatility under his considerations, then better to invest in fiat or stable coins and keep using banks.

[DevilSlayer]

The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.

Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.

It depends on the willings of the holder. Someone looking to make a profit in a short term basis will always be frustrated, while real holders are already adopted with crashes. It's not really about mental health rather than a normal fear of non experienced users. If someone doesn't take volatility under his considerations, then better to invest in fiat or stable coins and keep using banks.

No! Why they will be frustrated if they followed their plan very well. I do not hold and I do short term trade. I will not be frustrated even if the price of the bitcoin double in the near future because I follow my plan very well. For me it has more advantages than to do holding. We have different point of view after all because we have different goals and plan.

What we should be focus is our trading psychology, we need discipline especially if we want to earn money in the market. The discipline that I talking about is following our plans very well. For example, if we want to do short term trade then we should do it with the right criteria and we should follow our plan. The mentality of the traders are sometimes become the reason why they lose in the market.

[Twinkledoe]

The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.

Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.

It depends on the willings of the holder. Someone looking to make a profit in a short term basis will always be frustrated, while real holders are already adopted with crashes. It's not really about mental health rather than a normal fear of non experienced users. If someone doesn't take volatility under his considerations, then better to invest in fiat or stable coins and keep using banks.

No! Why they will be frustrated if they followed their plan very well. I do not hold and I do short term trade. I will not be frustrated even if the price of the bitcoin double in the near future because I follow my plan very well. For me it has more advantages than to do holding. We have different point of view after all because we have different goals and plan.

What we should be focus is our trading psychology, we need discipline especially if we want to earn money in the market. The discipline that I talking about is following our plans very well. For example, if we want to do short term trade then we should do it with the right criteria and we should follow our plan. The mentality of the traders are sometimes become the reason why they lose in the market.

Very few people can follow their plans because when they are already in the trading market, they tend to deviate from their original plans because they thought they will earn more by doing so. There is nothing wrong about it, but one should be ready for what will be the consequences of his decisions. Because if it doesn't go from your expectations, you will be disappointed and depressed of the results. So don't put too much expectations and just be conservative about it, so you will not be so disheartened if things go sideways.

[xenxen]

if you enter the world of trader or investment just make sure you have a strong mind and open minded to avoid being suicidal mindset. suicide is not the sulotion when if you see is your investment is going dump.  otherwise grab the opportunity to add your fund. dont give up continue your step to reach your goal..

[celot]

When looking bitcoin lower price our mentality really shock and look frustrated, but when bitcoin on the top price we are very happy. Its reality and way process in bitcoin and altcoin price, some one without good mentality never allow for investing or trading with bitcoin and altcoin. Keep use other way to get much money.

[azmirihaque]

Money is for life, life is not only for money. It is universal true that no business goes in the way of a strait line.  There will be ups and downs. Todays down may be ups tomorrow. So suicide decision is just a stupid idea. Life is far important than money. 

[TheGreatPython]

The last thing I will ever do is take my life because of a difficult situation that I'm going through. Nah, I don't stress myself like that. Whatever that is meant to be will always be, it's up to you the way you stand up to it. You shouldn't let situations you go through make you feel depressed or whatsoever, you should learn to control your feelings and learn to have joy at all times.

Even if I should lose money here, I still wouldn't be bothered. And that reminds me, this is one of the reasons why we should all plan things ahead of times. Imagine those that invested more than they can afford to risk at this time, they will be the ones regretting more. No one ever expected this Coronavirus to come out of nowhere and wreck things like this.

[wingfield_crypto]

     Patience plays a very important role in the crypto market. The investment is made in the long term, during which time decreases of price, less pleasant can happen. It's easy to talk about in theory, but the truth is, you can't be quiet when you lose some money. But panic and depression will not help you, but on the contrary it is important to keep your calm and wait for the prices to increase to recover your money.

[CmVill]

Well, actually my mental health is fine, as long as bitcoin is above $7000 haha

[TrevorS]

if you enter the world of trader or investment just make sure you have a strong mind and open minded to avoid being suicidal mindset. suicide is not the sulotion when if you see is your investment is going dump.  otherwise grab the opportunity to add your fund. dont give up continue your step to reach your goal..

You seldom can predict how suicidal you can be or how strong a mind you have. The problem with socalled investment activities and trading is that people approach it with a wrong attitude, thinking of fast profits and easy gains when it's hardly ever the case at all. Consider all of these money you can lose, or you'll find you're putting things you can't afford to lose and THEN you go suicidal.

All right. People start investing with the expectation of making money. They immediately have expectations that they will succeed.
A small part of people think that they will fail for the first time, so they usually take more money for deposit than they actually can lose.
After the loss, realizing that they made a mistake, they can resort to trying to correct the situation by making another deposit, and again it will be funds that they cannot afford to lose without frustration.

[UBrownall]

     Patience plays a very important role in the crypto market. The investment is made in the long term, during which time decreases of price, less pleasant can happen. It's easy to talk about in theory, but the truth is, you can't be quiet when you lose some money. But panic and depression will not help you, but on the contrary it is important to keep your calm and wait for the prices to increase to recover your money.

You’re right man, early I saw that the price of bitcoin went down a lot and then suddenly went up again. it was crazy

[finaleshot2016]

Well, actually my mental health is fine, as long as bitcoin is above $7000 haha

I think it's better if it went up to $10,000. My brain will be at ease and relaxed, no mental health issues.

I'll gonna be more patient on this since bitcoin halving is near and pumping is possible.
The current price of BTC now is $7027.18, let's wait for a month.

[denzkilim]

Well, actually my mental health is fine, as long as bitcoin is above $7000 haha

I think it's better if it went up to $10,000. My brain will be at ease and relaxed, no mental health issues.

I'll gonna be more patient on this since bitcoin halving is near and pumping is possible.
The current price of BTC now is $7027.18, let's wait for a month.

The connection between Bitcoin's price and mental health is real lol. Whenever Bitcoin's price is going down those people who bought at a high price are getting serious migraines and headaches.
Every one of us is dreaming of a new ATH for Bitcoin but no one really knows when it will happen.

[Genemind]

It's that time again, where bitcoin(and pretty much almost every other non-stablecoin cryptocurrencies) does a huge nosedive. This is just a reminder that whatever amount you've "lost" with the market  crash, in the end, it's just money. Money can be made back in the future through multiple various ways, whereas you have only one life to live. It's not the end.

Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.

For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines

Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.

Happy trading and investing!

Upon entering the crypto world, we should keep in mind that it has a big risk and it's more like gambling where there's no guarantee of gaining a good profit in time. Yes, it's depressing to lose our funds but giving up during the dip will be the worst decision that we'll make. We'll gain a good profit if we'll have the patience and strong courage to handle our emotions well. It's a silent battle that we have to face.

[bitcoinst]

It is funny that disruptions in the mental health of people are observed both during strong and unexpected drops in bitcoin, and at times when bitcoin is going to conquer new heights.
People fall into some kind of crazy rush of “eternal growth” and sometimes completely lose their heads becoming like crazy fanatics.

[bp124]

The market crash is a big blow to a lot of people. So many people have lost huge sums of money. But killing yourself or committing suicide during this time is not an option. Just remember that any amount lost can be made in the future, but we only live once.