Why Depression Starts in Cryptocurrency Anytime

[babar pk]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

[Oshosondy]

It is just like a business, you can make profit or loss. No investment doesn't have its own risks and losses can occur at anytime. There are both bull and bear time. This time it's more for the bears and not a time that favors buying.

People are depressed after they lose, they have loses because they are not patient the market is full of the bears and dump. They can wait to the level that they will know that the price will not go further below or of gone further below, but buying at the level the bull market will be so significant for profit and later overide their losses.

Some people just deal with shitcoins, which is another reason.

I will advice you to invest in bitcoin or a good marketcap coins rather than shitcoins.

[TheUltraElite]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Depression is a strong term to use. Feeling bad about losses is a less severe term. If you are really feeling depressed over losses then you need to stop trading, it will not do you any good. Probably you are doing a lot of wrong things making trading a mess but this only you can know.

Although losses are common in trading, there are ways to deal with them. Risk management is important here, not investing more than what you can lose is the first step. Investing in bitcoin more than shitcoins is the second.

A bear market takes its toll on the traders. If the bearish trend is the reason for this, you should take a break from the market.

[Dread Pirate Roberts]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

depression because expectations don't match reality. that's always the case in crypto. before investing always imagine the bad things and how to deal with such conditions. Investing or trading does test your patience and mentality and even though you can get through it it doesn't mean you are in the right financial condition. so it's complicated.

[uneng]

In a volatile market like this one everything can happen at any time. Today you might see your investments rising 30%, but on the next day you might see everything falling apart and your investments losing 50% of their initial value.

We, as human beings have a hard time adapting ourselves to uncertainties, so when we are in a situation where dealing with volatility and unpredictable fluctuations is inevitable, we tend to feel sad and depressed the more we absorb the dynamics of this environment. Somehow we are constantly trying to predict and decide what is going to happen in our future, what is going to happen next in our life. That is why we make plans, have goals and feel so accomplished when everything works in the way we planned. But when we fail with our personal goals, plans and aspirations, that depressive feeling hits us really hard.

For this reason, you should always keep your mind on the reality. Don't have absurd goals and expectations about cryptocurrency, so you avoid disappointing yourself if something goes wrong. Besides that, put God above everything else in your life and keep in mind you aren't going to be helpless in any moments, since you have Him by your side. The fulfillment and peace you will feel by doing this is enough to not let any depression take control of you.

[blockman]

Why Depression Starts in Cryptocurrency Anytime.

It is because this is the nature of the crypto market. You've heard of it that it is a very volatile market and that's why the market is sometimes low and sometimes high.

some time gain profit some time loss.i feel any time depression.

Then just feel it and get used to it. You'll learn it if it happens that you're still new to the market, there are a lot to learn from the market if you think why this and that happens.

[Finestream]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Depression is more common to those who only invest to lose than to make profits. That happens when they always invest for quick profits, so mostly they end up investing in the wrong coins and lose their capital. Depression surely follows. Also, investors get depressed when they use all their life's savings to invest in crypto seeing the price could easily go to the moon, and once things go in the opposite direction, they lose their hopes and eventually get depressed.

[BitcoinPanther]

Cryptocurrency is a highly volatile market.  Aside from that many fraudsters use the crypto environment to scam people.  Getting depressed in this kind of environment is very easy but there are some pointers where you can avoid being depressed no matter what happens to the industry and that is to only invest what you can afford to lose.  With this guideline in hands, we can avoid getting into trouble whenever the market trend becomes sour thus saving us from all the headaches and worries that cause depression.

[TimeTeller]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Depression is more common to those who only invest to lose than to make profits. That happens when they always invest for quick profits, so mostly they end up investing in the wrong coins and lose their capital. Depression surely follows. Also, investors get depressed when they use all their life's savings to invest in crypto seeing the price could easily go to the moon, and once things go in the opposite direction, they lose their hopes and eventually get depressed.

Depression can be found anywhere and in this market, it is no exception.
If you don't know how to handle yourself, depression will kick in anytime.
So before you go into this market, you should understand what you are getting into.
Learn the possible pros and cons on getting into this industry before blindly spending money to hype coins.
Most have high expectations, thus, forming an illusion that they can get rich in this market.
You need to be realistic with things and be practical with your decisions.

[Rengga Jati]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

It means that you are not ready for this crypto business.
Ready here means that you are ready with the risks, not only the gains. And I think also that actually, life is like this, isn't it? Nothing will run very well always, sometimes, there is something that doesn't match with our expectations.

[Kasabus]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

It means that you are not ready for this crypto business.
Ready here means that you are ready with the risks, not only the gains. And I think also that actually, life is like this, isn't it? Nothing will run very well always, sometimes, there is something that doesn't match with our expectations.

Cryptocurrency investment brings so much risks and pressures knowing its highly volatile so if you cannot manage them well, depression may eventually occur. However, if you are ready for all the unexpected things to happen because this crypto market is certainly unpredictable, getting depressed is far to be possible. And always invest what you can afford to lose, that way you will never be hurt so badly even if you end up losing from them.

[shinratensei_]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

That's a pressure when you are investing or trading in the crypto. The volatility was making it happen. That's why you shall familiar with the movement in the crypto market. You will be seeing a very fast movement from the crypto market that will make your investment become positiver and negative. If you are not even familiar with that and im sure that if you will not able to control your emotion. This is a common thing in the crypto but when you are feeling depressed with it and just try to train yourself.

[dhru9]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

Buy megacap coins and hodl to avoid depression.

[Wexnident]

It's something natural. You're losing something you're expecting to win, and with the involvement of money, you're expectations are naturally boosted, so the loss is naturally bigger than normal. It's not only in cryptocurrency really, anything that you do that you create expectations for would naturally bring depression to you when you fail to achieve that certain result that you want or expected. It's probably just quicker here in investing or in the crypto market specifically due to how volatile the market is, aka the scenarios where you expect to profit happen way more (and so as the situations where you lose money).

[TravelMug]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

I'm sorry to hear that, but that's how the market works unfortunately. Let me tell you one story, a personally know a guy who quit his job in 2017 because he wanted to focus on crypto because that time we are in a bull run and there are a lot of opportunity. But later in 2018 we suddenly goes on a bear market. What I'm trying to say is that crypto market is not permanent. It can give you profits, but it won't last, you need to prepare yourself like saving so that you won't get depressed during bear market.

[bittraffic]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

I'm sorry to heat that, but that's how the market works unfortunately. Let me tell you one story, a personally know a guy who quit his job in 2017 because he wanted to focus on crypto because that time we are in a bull run and there are a lot of opportunity. But later in 2018 we suddenly goes on a bear market. What I'm trying to say is that crypto market is not permanent. It can give you profits, but it won't last, you need to prepare yourself like saving so that you won't get depressed during bear market.

That's why everyone has to sell whenever they find the price to be at its ATH. I couldn't say its greed when you keep waiting for higher price when you know a bear market waiting ahead.

You'd really be depressed when you see your profit goes more than $100K and then you waited for the price to go all the way up ignoring the price correction not realizing its in fact a bear market.

[funteki]

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.

its just the usual days for crypto traders, but I have never gotten depression after I got some profit

[Oshosondy]

Cryptocurrency investment brings so much risks and pressures knowing its highly volatile so if you cannot manage them well, depression may eventually occur.

I have considered buying cryptocurrencies as gambling, except buying certain ones like bitcoin which I know ATH is possible. I do buying cryptocurrencies like I am gambling, this make me only use the money I can afford to lose to buy which will not make me to be depressed.

its just the usual days for crypto traders, but I have never gotten depression after I got some profit

Depression is not about positivity but negativity. If you are making profit from anything, you can not be depressed. In crypto, those that can be depressed are those that hold and see their coin decreasing in value, this can cause some people to panic and sell their coins. Some coins are shitcoins, their value decrease and decrease more and more. If you buy and you make profit, that should not lead to depression.

[bittick]

Then never try to see the market again. Are you new in the crypto? if yes and you shall adapt with the crypto market. The movement of the price is really fast compared with the stock market. in the crypto market and you may face so many heart attack caused by the price can be dumped so hard and then jumped to the moon at the same time. it's better if you are starting to train your depression. If you can't adapt with the crypto market and just try that slowly.
You shall need to invest in what you can afford to lose and this may reduce your depression. You shall not use the hot money.

[maydna]

I guess it's because they can't anticipate themselves when they see the volatile state of the crypto market, and many of them are losing trades. If they can handle their feelings and don't spend too much money anticipating losses, they won't feel depressed. This depends on how we can manage it to avoid depression no matter what market conditions are.