How to avoid stress in a market crash

[SamReomo]

Are there any other ways you can suggest?

Yes, there's only one way that has been very helpful for me and that's to be emotionally strong when you see market going downward. Most of us who had opened positions are still in loss because of the recent market crash and the best way to convert those losses into profit is to be emotionally strong in such times.

The market always has its ups and downs and if such ups and downs make you worry or you panic sell when market dumps and FOMO buy when market pumps then you won't make any good profits as a trader or investor.

The market is still crashing and who knows how low we may see Bitcoin's value when this crash gets intense but surely we will see another upward moment after the crash and those who know this fact are still accumulating Bitcoin when its value is going down.

[Mahanton]

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?

- Dont tend to check charts
- Dont try to see your portfolio
- Avoid on choice out some market apps on which give out updates
- Avoid on getting together with those people who do have that around on which it would be making up some impact towards your emotions.

The key on here for you not to be able to make those cut losses on which on the time that you are really just that starting to trade is that only make use of the amount that you can afford to lose,
or simply you are really just that making use of the amount which arent intended or making use for other priorities. On the time that you've known or seen yourself having those negative
funds but on those money which arent that too important then its likely that you could really be that easily to sustain and easily be able to survive whenever market crash do happen such as this.

Self acceptance whether you would really be able to adapt out on those certain conditions knowing that not all the time we are really that doing the right way. When it comes to market
crash then this is something which isnt really that shocking. Why? its just been always been that part of this market. Make yourself that too impulsive or crying then
on the moment that you will losing money then its an another story.

[livingfree]

• Buy the dip
• Buy Bitcoin
• Buy the dippity dip of the dip

If you're stressed out of the market because these dumps, strengthen your heart. Do something that makes you happy and one of it is buying more Bitcoin.

You'd see how this is a shortcut in all of those stress, and soon you'd just say whenever there's a $10k slash to its price or even more, "I'm used to it".

[BABY SHOES]

Everyone will panic with the market situation now, because in 24 hours the market was so deep more than 15%-20%, some news came out a lot of money came out of the crypto market.

But for me it's too much with what you said, I know there is a little tension with the market now maybe it could be a deeper fall in bitcoin to $40K if the market is crashing.

I'd rather be busy with other activities or continue my hobbies in this real world can forget about the current crypto market.

[BitMaxz]

If you sell then you lose why panic or become stressed on the market it's normal for Bitcoin if you decide to invest in Bitcoin you should be aware of what might be happening in the future like today.
As you can see on the chart 3 times the price of BTC is stuck at the 50k level they called it 3 bottoms so there's a possibility that this is the last cheap price of BTC and later after this decline we see price surge and touch to 70k in a day without we noticed.

So think twice before you sell I don't know if there's a way to avoid stress but you should understand the risk in crypto unless if you are a trader and want you tell sell it to exchange it to other asset since altcoins/tokens are more volatile than BTC.

[shinratensei_]

do something productive to make up your losses but don't realize the unrealized loss.

like basically if your position is already losing right now, just let it float with unrealized loss, because if you sell it means you're losing opportunity to make it up back again, but also set SL to prevent too much loss.
meanwhile you just try to find some way to make money to compensate for loss and as a way to kill time so that you don't get overly stressed with your holding position.

when things start picking up later on you will find yourselves recovering your loss while also got another source of income.

[KeenanEl19]

Are there any other ways you can suggest?

With this big event last night with the price of BTC falling rapidly, in my opinion, many people are disappointed, especially those who have BTC assets, because indeed this moment is a moment that is not desired by those who have assets in BTC or others.
But the other side that is beneficial is for those who want to have assets in BTC because they can buy at low prices like my friend who took advantage of this moment because he bought only a few coins but the profits have been obtained but still refrain from selling them.

To divert stress because the market is down I think you can by keeping yourself busy, but for those who are already MC I don't think they can help themselves to stress.

[$weetne$$]

• 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?

To avoid stress I remind myself what time I want the sell and I keep hodling. I also have fiats therefore I do not need cash so I do not have to sell. I have done some research and I know the market is always behaving like this so I just keep hodling. Deleting exchange can be of help but the apps can always be downloaded back without wasting anytime therefore if that is your only solution, it might fail you. I train my mind to not get worried about what is happening to the market and I stay aware from having discussion about the market. I also buy during the dip therefore when the market is crashing, what I think about is how I can buy and not how I can sell and this helps me to forget that I am losing value of my coins. I do not think that I have lost because I have not sold but I know my coins are losing value.

[Majestic-milf]

 They say it's where your treasure is, that's where your heart will be. I think it's what the Holy Bible said. It's not easy to invest in Bitcoin and not monitor it except you have other means of income but even at that you'd still check.
For me, the best way to relieve myself of the stress attached to Bitcoin trading is to first accept that price will fluctuate so that I don't panic whenever I see a dip and then focus my energy on other productive things that will still yield money.

[bakasabo]

I can only suggest to look on crypto as a long term investment and not focus on frequent price changes. But crypto, set a goal (for example double the investment and quit) and wait. You won't have enough nerves if you react sharply to every price change. Just remember, no matter what current price is, nothing is over until you take a decision to sell. Yes it is always sad to see market being red, but nobody forces anyone to sell at low price. Just wait until goal comes true.

[dunfida]

• Buy the dip
• Buy Bitcoin
• Buy the dippity dip of the dip

If you're stressed out of the market because these dumps, strengthen your heart. Do something that makes you happy and one of it is buying more Bitcoin.

You'd see how this is a shortcut in all of those stress, and soon you'd just say whenever there's a $10k slash to its price or even more, "I'm used to it".

DCA until you have spent up all the back up funds you do have or the USDT or any stable coins that you do have. This is really indeed the sweetest time or moment that you would really be needing up to consider on adding up your bags instead on trying out to chase or tail out some green candle. People do usually have this kind of considerations on the time that they would really be having those buying plans or strategies on which it is really that very wrong. Getting stressed on a market crash then its really that something very stressful on the moment that you are seeing your portfolio is really that on deep negatives. You cant really just that make yourself having that kind of relaxed feeling specially you do know that you are at loss, we do know that its just paperloss but cant really be able to resist that kind of reaction deep inside that you are really that worrying.

I do agree into that dippity dip of the dip kind of entry.  
DCA even if it means that it would really be that becoming even more deeper in terms of the price correction. We do know that this isnt something that new
and could really happen anytime since this market has always been that volatile in the first place. You should really be having that right approach in terms of price volatility
so that you wont really be that getting self stressed out on particular conditions.

[CryptoBuds]

I can only suggest to look on crypto as a long term investment and not focus on frequent price changes. But crypto, set a goal (for example double the investment and quit) and wait. You won't have enough nerves if you react sharply to every price change. Just remember, no matter what current price is, nothing is over until you take a decision to sell. Yes it is always sad to see market being red, but nobody forces anyone to sell at low price. Just wait until goal comes true.

Everyone says they invest long term in bitcoin but they always find reasons every time the price drops and check the price every day and panic when they see the price drop. It is true that it is much easier said than done, everyone can say it but not many people can do it. Personally, I can't do it either, it's very difficult to stop checking bitcoin prices once we've made it a part of our lives.

I certainly won't sell bitcoin until I reach my goal, but there's no denying that every time bitcoin has a significant correction, I'm not happy at all. I also feel uncomfortable that the value of my assets has decreased significantly.

[livingfree]

• Buy the dip
• Buy Bitcoin
• Buy the dippity dip of the dip

If you're stressed out of the market because these dumps, strengthen your heart. Do something that makes you happy and one of it is buying more Bitcoin.

You'd see how this is a shortcut in all of those stress, and soon you'd just say whenever there's a $10k slash to its price or even more, "I'm used to it".

DCA until you have spent up all the back up funds you do have or the USDT or any stable coins that you do have. This is really indeed the sweetest time or moment that you would really be needing up to consider on adding up your bags instead on trying out to chase or tail out some green candle. People do usually have this kind of considerations on the time that they would really be having those buying plans or strategies on which it is really that very wrong. Getting stressed on a market crash then its really that something very stressful on the moment that you are seeing your portfolio is really that on deep negatives. You cant really just that make yourself having that kind of relaxed feeling specially you do know that you are at loss, we do know that its just paperloss but cant really be able to resist that kind of reaction deep inside that you are really that worrying.

I do agree into that dippity dip of the dip kind of entry.  
DCA even if it means that it would really be that becoming even more deeper in terms of the price correction. We do know that this isnt something that new
and could really happen anytime since this market has always been that volatile in the first place. You should really be having that right approach in terms of price volatility
so that you wont really be that getting self stressed out on particular conditions.

I recommend DCA but I don't recommend going all in and spend everything that you have. You don't know what might happen in the near future with your life and if you're already bankrupt and doesn't have enough back up funds.

There's a huge tendency that you're going to spend the Bitcoins that you've efforted to accumulate and DCA. And that's why when investing in Bitcoin, you have to do it with the funds that you're not going to be bothered with.

Many investors have made that mistake that they've DCAd, which is fine but then with everything that they've got and that's the wrong strategy that they've come to realize.

Because when a sudden turn of event happens, they'll be forced to sell those Bitcoins even not yet on the peak or even a break even or a few percentage of profit.

[STT]

Best way to avoid stress is to understand why we move and to what extent it matters.   The boundaries of this current recovery are relative to the last sell at the start of July, current pricing is just below the closing daily lows of that period in BTC price action history.

If we cannot surpass the daily lows within the 56k area I expect it to resolve into further weakness.  If we cannot go up we'll test the lows again probably from which we have just recovered, BTC is a restless soul its likely to keep moving to test each side of any box its placed in.

[bakasabo]

I can only suggest to look on crypto as a long term investment and not focus on frequent price changes. But crypto, set a goal (for example double the investment and quit) and wait. You won't have enough nerves if you react sharply to every price change. Just remember, no matter what current price is, nothing is over until you take a decision to sell. Yes it is always sad to see market being red, but nobody forces anyone to sell at low price. Just wait until goal comes true.

Everyone says they invest long term in bitcoin but they always find reasons every time the price drops and check the price every day and panic when they see the price drop. It is true that it is much easier said than done, everyone can say it but not many people can do it. Personally, I can't do it either, it's very difficult to stop checking bitcoin prices once we've made it a part of our lives.

I certainly won't sell bitcoin until I reach my goal, but there's no denying that every time bitcoin has a significant correction, I'm not happy at all. I also feel uncomfortable that the value of my assets has decreased significantly.

Suggesting not to check prices or pay less attention imho is also wrong. A person or investor must always be aware what happens with his money. Otherwise it will look like a reckless approach towards money. To people who see red market, and such market continues to be like that for days, I suggest to look on the price graph but select longer time intervals like 6m, 1y and etc. It might be that only right now market is red, but in general situation everyone are still in profit.

[mich]

Well for me what I do is just not look at my phone. I will even now sometimes just turn it off because I do have so many applications with price notifications.

Not going on twitter and other social medias does also help. If we avoid them then we can avoid the fud and fomo that people speak of. I do not want to sell my coins for so cheap so it is how I do this.

[Ojima-ojo]

Taking a long brake from the bitcoin market chart is the sure way to staying away from every possible depression from market volatilities, this is very important for us as bitcoin investors as far as we intend to make some positive growth along the way, bitcoin will always recover each time it has a slide downward so for that we have to get ourselves prepared ahead even before we decide to invest in bitcoin and hold for sometimes.


Between that also we need a basic Concepts to our bitcoin approach in the sense that we need to build knowledge that can guarantee us a level of peace since that is what you need as a long term bitcoin investors, and taking a brake from the daily bitcoin market movements helps alot.

[Mame89]

Well for me what I do is just not look at my phone. I will even now sometimes just turn it off because I do have so many applications with price notifications.

Actually I didn't panic about the decline in bitcoin, instead I kept monitoring the graph as usual and it didn't make me want to sell bitcoin, sometimes if I have extra money I buy bitcoin because the price is discounted. In addition, I also believe that bitcoin is an asset of the future, so having this kind of belief makes us not panic.

Not going on twitter and other social medias does also help. If we avoid them then we can avoid the fud and fomo that people speak of. I do not want to sell my coins for so cheap so it is how I do this.

This is good advice, it's better not to open social media when there is a decline, let alone listen to predictions given by influencers on social media. Because this is what makes our belief in bitcoin shake with the fud and fomo that we read and hear so that indirectly makes us panic and sell it at a low price. Honestly, sometimes when we have strong beliefs in Bitcoin after reading other people's analysis and predictions, it will affect our decisions, especially when the price of Bitcoin drops drastically by %12 like yesterday, it is very easy to influence our decisions. The most effective way to avoid stress when the price of bitcoin drops is to find as much income as possible in the real world to buy bitcoin again.

[JeffBrad12]

this is why I like diverting my trade to stocks and crypto, because if crypto suddenly go down like this I can just get my stock money and withdraw it from the market to trade on crypto and get best of the best position from the very bottom.

I think for someone that easily gets stressed like you this strategy might also work, it works like a distraction to not get too focused on crypto market sudden dump and do something else, because the nature of crypto of always growing in the long term price chart, waiting it out usually suffice if your portfolio happen to be down really bad because of the sudden market shake up.

because speaking from my experience, people who easily gets stressed, are also vulnerable to making haste decision, you see those paper hand selling at the very bottom, those are the kind of people who gets easily stressed by the changing of the market direction.

[justdimin]

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?

To be fair it is not really fair to say that we should "avoid" crypto just because it's down. Realizing that downs are natural part of the market should be more than enough to be fair, and I think that's what most people are dealing with, they think that it is going to be fine and they just see the drop as a chance to buy more, that's why it doesn't stay at the bottom after a crash, you see the price crash to a very low price, and then a day later it is already near 10% up, that always happens because we keep seeing many people taking advantage of the situation and keep buying, that's the most important part.

I believe that we are going to make a profit from this part too, we just need to keep holding and keep buying up, don't feel stressed.