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Author Topic: Why Depression Starts in Cryptocurrency Anytime  (Read 868 times)
lobo13hf
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June 01, 2022, 12:05:33 PM
 #21

that's happening caused by you are feeling worry when your invesment was decreasing or increasing. that has ever happened in my life too. The problem is if you are feeling worry if you are seeing the price of your token was going down. You shall not try see your portfolios anytime. I do believe this will make you even better caused by you will not see the volatility in your investment. Stay away from your portfolios and let the market decide it for you. You will not feel depressed anymore with this.



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June 01, 2022, 12:27:33 PM
 #22

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

You will be depressed here as long as you're not following the golden rule of investing and that is "only invest what you can afford to lose", and you do not understand how the market works, you are in the wrong place of investing if you only want to make a profit and you feel depressed when you're losing.

You only want profit because you have been deceived that it's easy to make a profit in Cryptocurrency, when its not, take stock of yourself and ask if it's worth investing or is it worth free from depression. 

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June 01, 2022, 12:46:07 PM
 #23

Market fluctuations and wrong investment decisions are everyday life for every investor. The crypto market can be particularly volatile and changes of 10-20% a day are absolutely normal here. If you can't handle it mentally, you should just give it up. There is no point in losing health or money.

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June 01, 2022, 03:11:12 PM
 #24

Buy megacap coins and hodl to avoid depression.
That is easy to say but consider the fact that majority of the users in this forum come from a background of low income and are willing to use the craze behind crypto to become rich in future and can only fund a small portion of their monthly salary to bitcoin or so. For them buying megacap coins - which is basically bitcoin, is in one word, tough. Therefore these people end up buying shitcoins because they can get a large volume of shitcoins which a small money.

Basically the crypto community loses its new blood via these channels and this is why shitcoins are bad for new entrants. These people will now enter a vicious cycle of downtrend and depression, unlike those who took the pain of buying some satoshis.

If newbies consider this wisely, I feel a large number of them can be retained as profitable traders.

R


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June 01, 2022, 05:25:05 PM
 #25

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
You should start feeling better now, the market is recovering. We are all in the same boat here, so don't let it get you down. If you have any spare cash, this is the time IMO to go all in on promising L1 blockchains like HBAR, CNDL, Celo, and IOTA.
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June 01, 2022, 07:23:33 PM
 #26

that's happening caused by you are feeling worry when your invesment was decreasing or increasing. that has ever happened in my life too. The problem is if you are feeling worry if you are seeing the price of your token was going down. You shall not try see your portfolios anytime. I do believe this will make you even better caused by you will not see the volatility in your investment. Stay away from your portfolios and let the market decide it for you. You will not feel depressed anymore with this.

Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.
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June 01, 2022, 09:57:30 PM
 #27

that's just how investing are in general even in stocks market there are the same, and maybe even for majority of investment instrument.
the thing is, you just couldn't always have profit anytime, that's just not how the investing works, instead you gonna face frequent losses if you just couldn't manage your risk and your investment.
its no different in cryptocurrency, even the market of cryptocurrency sometimes a lot more volatile than your usual investment instrument like stocks, but right now considering the market capitalization of cryptocurrency has become big enough, it has more or less the same volatility as stocks

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June 01, 2022, 10:21:38 PM
 #28

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
In that case, I guess you have to leave crypto forever in order to save your life as this was not the right place for you to stay, it was unhealthy on your side.
This is the fact in crypto that all are welcome but not all are able to manage themselves to stay especially if this will only cause losses or if it affect your health.

The better to accept the reality that this was not suitable for you, there are a lot of investment opportunities aside from this maybe that was the right place for you and seeing you done well.

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June 01, 2022, 10:30:09 PM
 #29

that's just how investing are in general even in stocks market there are the same, and maybe even for majority of investment instrument.
the thing is, you just couldn't always have profit anytime, that's just not how the investing works, instead you gonna face frequent losses if you just couldn't manage your risk and your investment.
its no different in cryptocurrency, even the market of cryptocurrency sometimes a lot more volatile than your usual investment instrument like stocks, but right now considering the market capitalization of cryptocurrency has become big enough, it has more or less the same volatility as stocks

if you are an investor, you should know already that in any investment market, you will not always come out as a winner. at some point, you will incur losses. but such losses will give you good lessons that you can use the next time around. treat such losses as lessons that you can learn from and improve your strategy.
but if you go into this market with high expectations with no basis, you will definitely experience depression because you more then likely will not achieve your targets. start small if you are still learning the market, so the losses will not be devastating.

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June 01, 2022, 10:38:38 PM
 #30

Market fluctuations and wrong investment decisions are everyday life for every investor. The crypto market can be particularly volatile and changes of 10-20% a day are absolutely normal here. If you can't handle it mentally, you should just give it up. There is no point in losing health or money.
no one know the market direction, we just face it with risk management only and trading ratio to avoid big loss. everyday our mental totally tested with several long wick that will shake our position and balance. for beginer its looked so boring while our profits turn to loss due its fluctuations.


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June 02, 2022, 04:51:34 AM
 #31

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
It is nature that we can feel depressed on crypto because we cannot always earn on it sometimes there is also a big loss because crypto is high on volatility and it is decentralized so just think the happy moments during you earn a profit loss will pass and the next is earning. Thats the life of crypto investors and holders and it is normal.


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June 02, 2022, 05:19:46 AM
 #32

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Are you talking about you feeling depressed or are you talking about the bear market in crypto currencies? If it is the former, then you shouldn't invest in crypto currencies since it is causing you metal issues. If it is the later, this is how the market work. The crypto currency market is very volatile and you have to get used to this volatility. Look at the charts, in the short run it is very volatile. But in the long run, it will give you profit. So invest, don't look at the price, keep holding and in the long run you will make some good profit.

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June 02, 2022, 05:25:26 AM
 #33

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
it's because you're not ready. you only take into account the benefits you can get from crypto, but not with the risks that can occur. after all, people get depressed when they invest, and have high hopes that the investment will make them rich.
What you need to do is don't make this the core of your business. Look for other activities that can give you an advantage. Cryptocurrency is a risky investment. You may think that this is a shortcut to getting rich, but it is not as easy as you think. however, you just need to keep learning until this looks fun.

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cryptoaddictchie
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June 02, 2022, 05:44:16 AM
 #34

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
Its not everyday Christmas they said. I am too are also hit by this tragic bearish sentiment but I cant douch thing cause its the market environment why its going toward bearish trend. If you cant handle it, then eirher cut loss and move on or forget it for a while to avoid being depress and check yoir portfolio maybe within few months or year utmost. Maybe it did more than you are down.

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bounceback
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June 02, 2022, 06:25:04 AM
 #35

Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
This is a natural thing in the crypto world and everyone here must have experienced it because basically the crypto market is very volatile so it makes us unable to guess where the market will actually move, so if you don't want to be always depressed then you should invest for the long term with Bitcoin or with a proven altcoin, long term investment I think will save us from depression because we don't have to look at the price movement chart every time.

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June 02, 2022, 01:12:53 PM
 #36

¯\(°_o)/¯and what could be a cure..
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June 02, 2022, 01:39:46 PM
 #37

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.
This is not simple though. Someone who has been here for a brief amount of time, doesn't know what slow means, something that may seem slow to them could be very fast in the crypto world or what seems very fast for them could be small for us. Like a 10% drop could be a big deal in stock markets, when apple drops 10% that is a big deal most of the time, but when you see that in the crypto world you know that 10% is nothing and you should be feeling fine about it for sure.

This is why suggesting to take it slow shouldn't really be a big deal, it is not an easy thing. Learning from a mentor could be much better, or doing nothing but just watching could be another way.

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June 02, 2022, 01:47:26 PM
 #38


Cryptocurrency market depends too much on the economic situation in the world. Now all market falls including cryptocurrency. But during the fall of the market is the best time to buy tokens for the best price. The most important is to find the project that will be able to survive during the fall like https://twitter.com/defiroot/status/1531922256779157506 which is app that connect you to Defi in one ecosystem multichain.

Depression Starts in all over the world. Now all the markets falls, inflation in many countries continue to increase and many people lost their jobs. They simply do not have enough funds for investment.
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June 02, 2022, 02:02:31 PM
 #39

Why do you put your money in crypto if you are even so easy feeling depressed just when you looked at your investment? There might be something wrong with you. You are not having a strong mental. So yourself can answer this. We didn't even know how you can fix your problem. majority of newbies may face the same thing like you. That means you didn't wanna lose your money. I think that it's better if you are withdrawing your money and then try to put it into the stable token.
This may the best decision.

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June 02, 2022, 03:35:24 PM
 #40

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

It's the losses that causes depression and we tend to feel bad when any negative thing occurs to us.
In crypto trading, the volatility is quite high and most of the times, it takes just a few days for the trend to change.
Just like any other asset trading, crypto also works on the principle of demand and supply.
It can't go in one direction alone which is why there are cycles when people lose money and that's normal.

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