How to avoid stress in a market crash

[khiholangkang]

We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

• Stopping all price update notifications
• Deleting exchange apps (if you have them on an exchange)
• Not playing too much on the internet
• Focusing on the real world
• Keeping myself busy doing physical activities

Are there any other ways you can suggest?

[Orpichukwu]

I don't think I need to do any of this in order to restrict myself from selling, as I have already developed my self-control to the extent that no matter how fast the market is trying to dip, it will be very hard for me to sell off my holding below the purchasing price, as it's when ever I sell out that I can officially record losses if not I hold until the market comes back to normal and even does better.
 
Watching the price most times might affect me emotionally, but I can also use that to my own advantage if I have spare cash. I can still accumulate more with the opportunity that the dip offers.

[legendbtc]

 
Watching the price most times might affect me emotionally, but I can also use that to my own advantage if I have spare cash. I can still accumulate more with the opportunity that the dip offers.

That will depend on each person. If you went all in at a price higher than the current price, constantly checking the price will only make you more stressed and possibly make the wrong decision. But if you still have money left and still want DCA, then checking prices regularly will be to your advantage.

But up to now, I think many people have invested all their capital in the market because everyone is waiting for an upcoming bull season. But things are not happening as expected when fears of economic recession are covering the entire financial market, not just bitcoin.

Many people who invested millions of dollars when bitcoin price reached $70k will not feel comfortable with the current situation.

[khiholangkang]

I don't think I need to do any of this in order to restrict myself from selling, as I have already developed my self-control to the extent that no matter how fast the market is trying to dip, it will be very hard for me to sell off my holding below the purchasing price, as it's when ever I sell out that I can officially record losses if not I hold until the market comes back to normal and even does better.
 
Watching the price most times might affect me emotionally, but I can also use that to my own advantage if I have spare cash. I can still accumulate more with the opportunity that the dip offers.

That's good, your self-control is very good in handling market events like now, it looks like you have been in bitcoin for a long time and your mentality has been formed in dealing with bad situations in the market.

If you still have and DCA of course it is a fortune for you because you can buy bitcoin at a cheaper price at this time, but for people who do not have cash in a situation like this he must be more patient and calm himself not to get out of bitcoin.

[Yucky]

We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

• Stopping all price update notifications
• Deleting exchange apps (if you have them on an exchange)
• Not playing too much on the internet
• Focusing on the real world
• Keeping myself busy doing physical activities

Do you need to go through all these rigorous stress just so you don't get bothered with the market fluctuation? Just the general knowledge that deleting all the exchange apps or stoping all price update wouldn't affect Bitcoin price should tell you that those aren't things you should be doing at this time.

So let's get it right, what's your main reason for doing all these things? It's because you know that Bitcoin will bounce back and that's why you want take out hindernace that will leed you to make any bad decision, if that's the case, wouldn't it be better to keep doing your thing and if you are able to, you can turn this moment of market crash to period when you buy more Bitcoin. All the ways you've outlined is just like taking alcohol to feel high so you can forget the problems you're facing. After your eyes becomes clear, does it directly translate to solving the problem? It doesn't. Morever, that you hold Bitcoin doesn't mean that you've put a stop to your real world activity.

Are there any other ways you can suggest?

it's simple. Don't stress too much about it if you can't change it. Thier is no point deleting anything or going offline. experience the downs and get to know how it feels down here and walk with Bitcoin back to the top, that's my suggestion.

[GxSTxV]

Honestly, I woke up this morning with a big stress about the market situation and all I wanted to know is the reason about this big crash, leading most of the crypto market to lose between 10% to 20% of their value in less than one day.
Any investor and crypto holder may get stressed and find this scenario scary, it is the first time not seeing an ATH achieved after halving, what happened this time is different than previous times. However, the market is very unpredictable and we can’t just face momentum ups or downs, everything will change IMO, whatever the reason for this crash, I believe Bitcoin and other cryptocurrencies are strong to manage a comeback.

I want to add these for your list of avoiding stress during tough times in market:
- knowing the reasons behind the market being bearish, to understand what’s going to happen next, it will surely reduce your stress.
- managing your money, going into stable or less volatility coins to reduce your losses to the maximum.
- the best thing also to do is having conversations with your friends, or similar people that invested in the market.

[Iranus]

How to avoid stress in a market crash

With bitcoin down 10%, ETH down 20%, and many other altcoins plunging in one day is unusual as we are not in a bear market. So I'm really skeptical of those who say they're not worried about the current situation, even those who still have money to buy.

Those who have money left won't even dare to buy because they are also worried that after buying things will get worse, so for those who have no money left and their portfolio is losing money, the worry is the inevitable.

To be honest, I don't feel comfortable with what's going on and what I do is avoid checking prices and ignore market news. This way I feel more comfortable and focus on other work.

[Zaguru12]

We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

• Stopping all price update notifications
• Deleting exchange apps (if you have them on an exchange)
• Not playing too much on the internet
• Focusing on the real world
• Keeping myself busy doing physical activities

Are there any other ways you can suggest?

First thing is nobody is going to like the way the market is simply because no one can happy seeing their holdings bleeding even those looking for buy opportunity. But that aside, there one thing I have always say is the solution to all this stress when a market dump is before investing into anything use the ideology of not investing what you cannot afford to lose. Having a throwaway amount on this volatile assets helps you to reduce the panic or fear factor when the market is dumping.

Another thing aside your listed options is avoid leverage trading or futures, not that there are no opportunities in the market but the risk has just triple, except you want to gamble with your funds leave future trading for now or apply very good risk management

With bitcoin down 10%, ETH down 20%, and many other altcoins plunging in one day is unusual as we are not in a bear market. So I'm really skeptical of those who say they're not worried about the current situation, even those who still have money to buy.

Those who have money left won't even dare to buy because they are also worried that after buying things will get worse, so for those who have no money left and their portfolio is losing money, the worry is the inevitable.

To be honest, I don't feel comfortable with what's going on and what I do is avoid checking prices and ignore market news. This way I feel more comfortable and focus on other work.

You the thing is there are people that will still like to create hope so that the FUD doesn’t settled well, and those are the people who will be saying they just Bag more but mate I will tell you only a quarter of those spreading buy the dip do that, the rest just wanna sound hopeful and that’s all. The news of WW3 and recession are the main reasons here, it is not only about bitcoin or crypto you can clearly see that stocks too are affected. What I will say is look at history of the market, it will definitely bounce back, we had hit from $60k to $15k in 2022 and went all up the following year, so hodl on tight and only sell at profit

[inthelongrun]

Good thing there is a thread about this. Because I am pretty sure a lot of people especially the newbies are so stressed right now. At least some gets an idea as to how some crypto investors are doing these bearish times.

I haven't even checked my Coingecko portfolio today since I get nothing but stress. I already received some messages from my friends asking how much I lost and what's the best thing to do. I haven't sold anything also because it's too late and I am also confident that the market will recover soon just like it normally happen in the past.

[Wexnident]

~

Doing DCA and not minding the market. Maybe mind it after a couple of years, 3,4 maybe, but any earlier than that and you just ignore it . Pretty much what I did after suffering from what most newbies are feeling right now with the dump. Granted took me about a month to do so but hey, still a tip I'd suggest 100% of the time.

Outside of that, anything that makes you think. Could be some strategy games, writing, reading, playing against someone, etc. Usually just takes an hour or two to forget about stuff if you're really immersed into doing something.

[BITCOIN4X]

I don't fully agree with the points you make, 1 & 2 are not the best in my opinion. I tend to ignore price volatility once I decide to hold longer, it has kept my psychology fine even though I have lost thousands of dollars. It's not my way not to monitor price changes, trend changes, because basically they give me the opportunity to accumulate instead of ignoring them completely.

Since April until now, I have really noticed the cumulative value of my assets dropping. I didn't panic because I had considered price volatility from the start. Of course not everyone can do it, but some advice might help them get out of something that is weighing them down.

[Mr.right85]

Are there any other ways you can suggest?

The best way you could actually go about not minding the charts is,
Having other streams of income. This is the most sustainable and effective way because, you have what to live on and not border about what is happening on the chart. Your term goal becomes your stronghold.

Deleting exchange apps (if you have them on an exchange)
Focusing on real world problems

While other plans like,
Having to delete exchange apps wouldn’t work much, you could still visit these sites remotely on browsers.
Getting busy or trying to focus on real world challenges might come in but, not very effective as, the problem would still be there when your much relaxed. Mind you, when your money is vested and you depend on it, it’s a real world problem for you.

[Lida93]

• Stopping all price update notifications
• Deleting exchange apps (if you have them on an exchange)
• Not playing too much on the internet
• Focusing on the real world
• Keeping myself busy doing physical activities

I think rather than carryout those steps as you have suggested in my opinion, the very best way to avoid stress and emotions from this market crash is to get to have a knowledge about the cause of the crash. You'll get less worried having much information on your side than staying in ignorance right now.

Honestly, I woke up this morning with a big stress about the market situation and all I wanted to know is the reason about this big crash, leading most of the crypto market to lose between 10% to 20% of their value in less than one day.
Any investor and crypto holder may get stressed and find this scenario scary, it is the first time not seeing an ATH achieved after halving, what happened this time is different than previous times. However, the market is very unpredictable and we can’t just face momentum ups or downs, everything will change IMO, whatever the reason for this crash, I believe Bitcoin and other cryptocurrencies are strong to manage a comeback.

As I read days ago that the stock market lost about $800 billion and that could be the connection to this plunge on the crypto market even gold and other digital stocks are bleeding too, so cryptocurrency is not alone on this one which gives the optimism that the market will recover in the due time. For those that have the extra cash it's am opportunity to buy the dip before it recovery.

[Odusko]

All the point you mentioned are on point and helpful in time last me this when the market is in crisis most especially in a downtrend directions, the thing that mess with bitcoin investors emotions is the frequency of bitcoin price updates that are constantly being put in they faces and if you can get rude of that undate, you will be better off in all cases, but this can not work with a trader, and only long term investors can apply this technique in dealing with bitcoin market price changes, but still there is what will work for both long term investors and traders when talking about bitcoin and it frequent price movements which is.

The acceptance of the fact that bitcoin should be taken as an unstable asset when it comes with price, and at the same time bitcoin should not be viewed only in the positive light when holding it, what that means is that, as you expect profits from bitcoin so you should also expect loses and not to rate the ratio of profits possibility more than the loses and infact one will lose more than the gains from bitcoin at most cases depending they entry price.

[mirakal]

I don't think I need to do any of this in order to restrict myself from selling, as I have already developed my self-control to the extent that no matter how fast the market is trying to dip, it will be very hard for me to sell off my holding below the purchasing price, as it's when ever I sell out that I can officially record losses if not I hold until the market comes back to normal and even does better.
 
Watching the price most times might affect me emotionally, but I can also use that to my own advantage if I have spare cash. I can still accumulate more with the opportunity that the dip offers.

Good thing if you have spare money to add more bitcoin in your portfolio, that's a good opportunity to maximize your bitcoin investment. However, not everyone is capable to buy so hodling should be the best option, and in order not to be triggered with the price and decide panic selling, stay off the market first and focus on your other investment or hobbies. While you become productive with other stuffs, you have avoided as well getting frustrated while seeing btc price drops drastically.

[Roseline492]

We know that some people can't help themselves in panic and have the intention to sell their losses.

The best way for me to relieve stress during market crashes like now is to;

• Stopping all price update notifications
• Deleting exchange apps (if you have them on an exchange)
• Not playing too much on the internet
• Focusing on the real world
• Keeping myself busy doing physical activities

Are there any other ways you can suggest?

The above listed is a good way to avoid panicking on there  investment especially this period that Bitcoin is getting everybody confused in regards to the actual movement because a week or two weeks ago we were almost certain that we are about to enter the bull season and so many people were so happy but it was surprising to see that the market is not actually done with the bearish season, so right now for those who easily get emotional on there investment in terms of seeing there investment declining should try as much as possible to stop price notifications on there cellphone because is one of the things that makes people to panic a lot, however the one I like most about your listed is the aspect you mentioned that engaging on other normal activities to distract themselves from thinking too much because that could actually help those kind of investors a lot.

[erep]

I don't think I need to do any of this in order to restrict myself from selling, as I have already developed my self-control to the extent that no matter how fast the market is trying to dip, it will be very hard for me to sell off my holding below the purchasing price, as it's when ever I sell out that I can officially record losses if not I hold until the market comes back to normal and even does better.
 
Watching the price most times might affect me emotionally, but I can also use that to my own advantage if I have spare cash. I can still accumulate more with the opportunity that the dip offers.

Good thing if you have spare money to add more bitcoin in your portfolio, that's a good opportunity to maximize your bitcoin investment. However, not everyone is capable to buy so hodling should be the best option, and in order not to be triggered with the price and decide panic selling, stay off the market first and focus on your other investment or hobbies. While you become productive with other stuffs, you have avoided as well getting frustrated while seeing btc price drops drastically.

Investors are wise in managing investments to maximize losses during bearish markets, this step must be implemented by every investor to reserve USDT in the same portfolio to increase btc investment during current market conditions, an important benefit of the DCA strategy is that they avoid depression and stress because they have been waiting for the current price moment to increase the number of btc, but investors do not have fiat reserves, do not rush to cut loss decisions due to terrible market panic, we must be patient in current market conditions and we are sure the btc price will recover soon

[aoluain]

We know that some people can't help themselves in panic and have the intention to sell their losses.

I still cannot understand at this stage in Bitcoins history or even given the
last 4 years that some people would panic and sell when the market has fallen
back. Its end of world thinking, its Bitcoin is going to Zero thinking.

The market always recovers so having a medium to long term outlook is
very beneficial.

Also having an outlook that when the market falls its an opportunity to DCA,
treat it as a positive rather than a negative.

[$crypto$]

For the time being, don't look at the market because this decline will happen in the next few days because of global economic tensions that I know, 100 million more have been liquidated from the crypto market.
Honestly can't avoid the news about crypto because notifications always appear on my mobile and even X always pop-ups when there is hot news there.
Let's face it, there is no other way to do that because we have to be able to pass all the tests that are being inflicted on the market.

[tabas]

Stopping looking at the price update is actually going to do everything. But it's hard to control yourself when you've been used to it. If you are a busy person, it'll help that you've got some other things to do and forget at the moment what's happening in the market. For some, there is joy in adding more to your own holdings, and for those who have said that Bitcoin is quite expensive at $60k levels, this is their opportunity to buy. It went down $50k so, that was actually a good price if they ever have seen it do a flash crash there.

I still cannot understand at this stage in Bitcoins history or even given the
last 4 years that some people would panic and sell when the market has fallen
back. Its end of world thinking, its Bitcoin is going to Zero thinking.

We don't have the same tolerance for what's happening on Bitcoin. It's true that it won't be going to zero but they just can't help themselves having that panic and anxiety attack when seen crashed.