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Author Topic: You could die from trading.  (Read 1944 times)
ice098
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May 05, 2021, 11:37:49 AM
 #81

Stress, anxiety, depression, panic
Those are the side negative effects of gambling, if we really are not ready enough with trading consequence.
Actually, as long as we have been ready with all the risks and also have strong emotional control management, it may not happen. because we have already know when to be very serious when to be relaxed, and how to manage and face any kind of market volatility.

So far, what makes many people stressed because of trading is because they really expect high profits and then the result is the opposite, moreover, if the money is from the loan, saving, and other necessity money used.
This is ironic when they don't know the basic laws or rules of trading cryptocurrency.

Actually trading can also contribute in developing this serious illnesses.
Well for sure everyone of us are here in trading platforms because of our sole reason and target and that is to earn a profit especilly at this serious times of pandemic.
But most of all we should prioritize our mental health and that is why it is so important that we have a self control and limitation when it comes on dealing in trading.
Like what we have a saying that everything is good but in moderation.

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May 05, 2021, 02:47:19 PM
 #82

Trading can be very risky and can cause hypertension or cause health issues to those who are too emotional, like I always say trading without knowledge of technical analysis is just like gambling and will always cause disaster to one's health due to much thinking. This is more reason while risk management should always be applied to prevent great lose, we shouldn't trade without stop loss if we aren't there to watch the trade, and after a hectic day always try to rest and relax to cool of the stress.

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May 05, 2021, 07:08:12 PM
 #83

Actually trading can also contribute in developing this serious illnesses.
Well for sure everyone of us are here in trading platforms because of our sole reason and target and that is to earn a profit especilly at this serious times of pandemic.
But most of all we should prioritize our mental health and that is why it is so important that we have a self control and limitation when it comes on dealing in trading.
Like what we have a saying that everything is good but in moderation.
I do not understand why would anyone do it like that? I mean if it really creates such a huge problem for you, then maybe you should not do something like that and stop trading? After all we are talking about something that "could kill you" here, I do not think that it could kill you, but I have seen people who commit suicide because of crypto in the news, so it is technically true. Which begs the question, if you are doing something that would end with you committing suicide if you fail, why do it to begin with?

I understand that people want to make money and they see something and they basically end up getting greedy about it and want to put in 100k and make out 10 million and never work ever again, that is the train of thought when they are getting in. However if the downside is you dying, then it doesn't really worth it does it? I mean I do not think that it is really that worthy to test that theory out.

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May 05, 2021, 08:05:08 PM
 #84

~
It is money. Everyone would chase money over their health, and I gotta admit that I am a bit guilty of that because I work a lot to cover up the expenses needed to made in my home, but what I am not forgetting is to chillax a bit and watch some Youtube vids.
People are forgetting to chase their happiness, but instead chase their money.
"Money doesn't buy happiness" is a big lie, but you shouldn't dig yourself your own grave. Work to live not live to work.
pixie85
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May 05, 2021, 08:12:08 PM
 #85

You can literally die from everything. I read once that someone died from drinking too much water.

You can die from not having enough sleep, lying in bed too much, eating too little, eating too much and so on. Surely you can die from trading.

There were people who died from playing computer games too much, there were people who died having sex because their hearts gave out.

If you sit watching charts 24/7 you'll probably die too Cheesy
I don't think this is something you have to warn people about.
Oilacris
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May 05, 2021, 08:21:40 PM
 #86

You can literally die from everything. I read once that someone died from drinking too much water.

You can die from not having enough sleep, lying in bed too much, eating too little, eating too much and so on. Surely you can die from trading.

There were people who died from playing computer games too much, there were people who died having sex because their hearts gave out.

If you sit watching charts 24/7 you'll probably die too Cheesy
I don't think this is something you have to warn people about.
You could really die when you do things too much in life, no matter how simple it is but you can really possibly experience body effects or the worst you can eventually die.So we shouldnt really be that
confident on engaging on things too much or shall we say on a unbalanced manner.

Balance everything and you should be fine. Be mindful on your health because money wont really be anything if you do already get sick and those profits would really be just used
into hospitalization so be careful.

Take everything in control and moderation.

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May 05, 2021, 08:44:25 PM
 #87

That's why i'm on long term investor or HODLer instead trader. That doesn't make any sense for you to always stay 24/7 on screen or your laptop to maintain the price. As example, bitcoin was traded below $50k just few days ago, and now? Bitcoin traded above $55k and it bring much profit of HOLD instead trading or daily trade.
This is a good strategy when you invest smart but for low amounts trading can be a good way to get that extra money. I always say if it starts swinging to the left then having your life at risk over something that's yet no even guaranteed is just bonkers.

Best to spend a lot of time picking the right project and then HODL, this way money comes to you...
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May 05, 2021, 08:55:27 PM
 #88

if you die in trading, of course it's a silly thing! Trading can indeed be a non-stop job in the crypto world because the market is always running for 24 hours,
but we can wait for the right moment if you want to buy, because the ups and downs are also waiting for time , there is no problem in this crypto world about the running of the trade,
everyone enjoys it and there is rarely news about a silly death like you fear.

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May 05, 2021, 09:02:27 PM
 #89

Trading is really stressful imo, you have to constantly check the market and always check how your positions are doing, the part is when you're in losses, you would be think about it all day, your mind won't be at rest cause your portfolio is bleeding, this is one reason why I prfer investment over trading, cause investments you don't have to constantly check the market chat and all that, you just invest and wait for the coin price to skyrocket after listing then you sell, I think it's alot more profitable than trading.

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May 06, 2021, 06:42:47 AM
 #90

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
Yes, I agree that we need to focus on our health as well because market pressures are known for destroying our mental help which may lead to physical complication as well. So, taking care of our heath always more important than just making money from trading. I am not seeing investors and long term holding are suffering big mental pressure our of market conditions.

So, even if you are unable to handle market tension and pressures then you must choose other other way of money making in the same crypto trading which are always recommended one: long term holding of bitcoin and any other reputed assets.

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May 06, 2021, 01:53:58 PM
 #91

As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.




The risk you have to accept if you predict wrong with all of this. Everything will not run easily because you will feel heavy stress if you are not calm and patient to overcome it. just might be crazy. I have also taken careless actions in trading and made such a huge loss that it made me daydream for a few minutes wondering why I was doing this.

A healthy way to exercise and eat nutritious foods even when you're under stress. Think positively and look for opportunities from the mistakes that you have done before. Although this is all not as easy as what is said.Wink

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May 06, 2021, 08:40:05 PM
 #92

To be successful in trading you have to be able to control your emotions and keep your emotions in check else you're doomed because the market will squeeze and tease you. Having an heart attack/ committing suicide wouldn't be surprising news to me. People act irrational when they lose....be it a job, money, a partner or a loved one. Same applies here nothing particular to the crypto market.  You need to find a balance, something to keep you in place when a trade goes bad. Develop this habit and you'd survive the storm.

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May 06, 2021, 08:49:57 PM
 #93

To be successful in trading you have to be able to control your emotions and keep your emotions in check else you're doomed because the market will squeeze and tease you. Having an heart attack/ committing suicide wouldn't be surprising news to me. People act irrational when they lose....be it a job, money, a partner or a loved one. Same applies here nothing particular to the crypto market.  You need to find a balance, something to keep you in place when a trade goes bad. Develop this habit and you'd survive the storm.
You would really be needing that kind of mindset and a strong self control towards your emotions because not all would really be that good on handling it out in these circumstances.

Everything should be balanced as it should be because there are things in life that might really be ending up on a result which wont really be that good if you don't mind
or do cross out those priorities.

Earning money is important but don't forget that it isn't everything and always take care of yourself when it comes to health and similar factors.

R


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May 06, 2021, 09:44:43 PM
 #94

As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.



Death is inevitable. You can't predict when you will die or why. And yeah, you can die from trading too. But that's very rare. Unless you have any underlying health problems, you won't die from trading. If you can't handle stress or have issues such as weak heart, anxiety disorder or on the spectrum, then you shouldn't trade. It's going to affect you very badly. Those might even lead to taking very poor decisions. And don't forget about those instant emotional flips. People have killed themselves before because they couldn't handle their loss. So yeah, taking proper mental and physical care is very important before you start trading.

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Questat
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May 06, 2021, 10:14:23 PM
 #95

snipped...
You would really be needing that kind of mindset and a strong self control towards your emotions because not all would really be that good on handling it out in these circumstances.

Everything should be balanced as it should be because there are things in life that might really be ending up on a result which wont really be that good if you don't mind
or do cross out those priorities.

Earning money is important but don't forget that it isn't everything and always take care of yourself when it comes to health and similar factors.
The truth is that we can't leave this time without money. A reason why all of us are prioritizing earning money than looking into our health condition but that is really wrong. And we need to balance our lifestyle, money, and health. Desperation, frustration will certainly come especially in trading if our minds are not healthy anymore.
Hearing someone commits suicide, killing themselves, health problems, we will be expecting more on this in the future if we continue our lifestyle.

RealMalatesta
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May 07, 2021, 09:48:01 AM
 #96

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
These are essential things are every human and not just limited to crypto traders. I mean everyone must engage themselves into physical activities for better health.

To avoid all these hassles, I have chosen to be a long term trader and long term holder. I do not need to take any tension for trading regarding. Only intraday traders and short term traders might need to spend long hours in front of market screens.

Trading frustrations must need to be avoided. One simple technic for this is always using stop-loss and accepting losses with the hope of recovering in future trades. Mental tension from trading is possible even for small level traders but if you have good mindset up then you can easily manage them.
Kittygalore
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May 07, 2021, 10:58:43 AM
 #97

~
therefore we must be able to control ourselves, so that we treat trading like a daily job. so as not to reduce the rest time and the mind will remain calm so that in trading without a lot of pressure. actually we can do that, where at bedtime we must have no transactions
Pretty easy to say that we control ourselves but if you are daytrading for 7 hours and you are still losing, I think that the frustration is going to trigger your obsession in terms of not making a day where you end up losing.
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May 07, 2021, 02:23:08 PM
 #98

Sometimes really hard to follow markets because in my country there are different timezone and usually i feel market will have higher volume in midnight my time. Maybe for some people who feel that they like must be keep awake at midnight and it is not an healthy life. Really people trading or not must do healthy life especially when something bad happen to their trading activity like dumped a coin.

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lienfaye
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May 07, 2021, 02:34:21 PM
 #99

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
Eating healthy food, regular exercise and having enough sleep can help us to stay fit and healthy which is so important to do our trading activities. Its a stressful work especially if the situation is not going as planned but we need to still prioritize our health to stay focus and can think of a solution if there's a ptoblem.

Stay healthy while earning because if you get sick (even you're earning huge) your profit will only go for your medication which means you might not able to enjoy your earnings.

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May 07, 2021, 02:44:44 PM
 #100

Really people trading or not must do healthy life especially when something bad happen to their trading activity like dumped a coin.
Yeah, maintaining a healthy life is as important as making money out of crypto trading; not sure that all traders are aware of these basics of our life. People do give more importance to money rather than considering about their life to make use of that same money. Pathetic still a bitter truth.

Stay healthy while earning because if you get sick (even you're earning huge) your profit will only go for your medication which means you might not able to enjoy your earnings.
Yes, that must be a valid point. There will no meaning of earning in trading and then spending that for medical expenses. There are lots of different yet calmful way of trading methodologies are available. People must take time to think and adopt the right one based on their health and lifestyle. I choose long term holding which is a tension-free way of profit making even it needs lots of time like years.

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