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?
anyone who is into panic because the price of Bitcoin is decreasing in the market it is basically shows is still a novice in cryptocurrency investment especially in Bitcoin investment, as someone who invest in Bitcoin you don't need to consider all these things you listed, you need to conserved in mind but the price of Bitcoin can crash at any time and the price can also recover to each state at any time so therefore we don't need to panic because panicking can make you to be in depression so just have it in mind that it is the nature of the business they bitcoin price always fluctuate,
That is just the fact. If someone has been in the crypto industry for a long time and understands certain things about how Bitcoin works, they are hardly going to panic just because the price of Bitcoin decreases or continues to decline. They know that it is normal for the Bitcoin market to behave that way, so there is nothing to be scared of for investors who take the right steps before investing in Bitcoin.
For instance, they invest with money they don't need for a long period. Most of the time, people panic not because of anyone else, but because they have made the wrong decision by investing money that they are not supposed to invest in Bitcoin, such as money they plan to use in the nearest future. Some even go as far as investing money that doesn't belong to them, thinking that the price of Bitcoin may increase within a short period.However, if the market doesn't move in their favor, they will start to panic. As a result, because they don't want to lose more money, they will start thinking about selling and may eventually sell their Bitcoin investments at a loss.