The best way to handle your emotions in this crypto space

[notocactus]

So let's try to invest only what we can afford, so as not to be easily shaken by volatility in the market.

Invest what you can afford to lose it. It's principle #1.
Manage your capital that if you lose all investment capital, you won't die or be bankrupted. It's principle #2.
Don't trade especially don't use leverage, futures trading that means you can avoid market volatility in exchange liquidation.
Read news less because you are not a trader and don't need to read news daily or more regularly than that.

Generally, it's important to understand about the market history, market cycle operation, and psychology of market cycles.

[@nn@_pen9]

You may be right that there still some panic but in my opinion, it is a bit different since a person didn't invest all of their money because they invested what they can afford to lose so even if they did lose but they still have some money left that wasn't spend to buy coins. After all, the amount invested is what you can afford to lose compared to investing all the money you have which means the result will be different.

In my opinion, panic is a common thing for some investors, but this goes back to what assets you buy. Indeed, when we invest, the main thing is that we must first have knowledge about this investment, if you understand the risks or other knowledge, then you can prepare the money they can afford to lose or some of the money you want to invest. That way you don't become too much of a burden on your life, we also have to think about our every need every day.

[Donneski]

In my opinion, panic is a common thing for some investors, but this goes back to what assets you buy. Indeed, when we invest, the main thing is that we must first have knowledge about this investment, if you understand the risks or other knowledge, then you can prepare the money they can afford to lose or some of the money you want to invest. That way you don't become too much of a burden on your life, we also have to think about our every need every day.

Panic among crypto marketers is as common as mistakes among humans, every crypto marketer must have experienced panic in one way or the other in the decisions they've made in investing in crypto. You can't be too careful in crypto because the cryptocurrency space is full of risk which is why as a crypto marketer you should consider different safety factors before making that move of investing on a particular coin. Just like you said, it's very important that a crypto marketer should know that it's very important to invest the money you know you can actually afford to let go when you investments fails to make returns or when you lose everything.

[EluguHcman]

In an sight of collection with the Speculations that goes around the crypto markets, it displays like Bitcoin is not so volatile fie investors to invest without fest rather the Alt Coins is one of that emotional outbreaks when invested on on to the fact that it volume of volatilities is extremely higher than that of Bitcoin.

That is absolutely a false speculation and does not seem good for newbies because they will think investing on Bitcoin does not interact with the volatility of downwards that is why when they get into investing on Bitcoin their anxieties is propelled to keep seeing increase of their assets or worse comes is a stability of their asset values.

So when they find the market fluctuating at the Dip wards they feel emotionally troubled like... "No, this is no what I expected" and then they develops anxieties of emotional outbreaks of loosing their confidence.

The reason for this lost of confidence when invested of Bitcoin and gets panic with the downwards market conditions is as ...
1: Wrong speculated information
2: Fear Of Missing Out (FOMO).
3: Not invested with affordable amount to overlook during market downwards.
4: Lack of "financial management and "alternative source of income".
5:  No investment plans.
In summary, is their unprepared to develop the abilities to accept the concept outcomes of the fluctuating market.

[mirakal]

So let's try to invest only what we can afford, so as not to be easily shaken by volatility in the market.

It has been said that greed comes out when it talks about money and profit. It stuck in the minds of the people that putting in a large amount of money will make them earn more. But the thing they never know or forget is the risk behind this. They feel better and excited when they see the price is going up, but when the dump comes, worries and doubts are in their mind.

But I could say that most investors/traders are just emotional. And even if they spend a small amount, they could still feel the same.

[dunfida]

So let's try to invest only what we can afford, so as not to be easily shaken by volatility in the market.

Invest what you can afford to lose it. It's principle #1.
Manage your capital that if you lose all investment capital, you won't die or be bankrupted. It's principle #2.
Don't trade especially don't use leverage, futures trading that means you can avoid market volatility in exchange liquidation.
Read news less because you are not a trader and don't need to read news daily or more regularly than that.

Generally, it's important to understand about the market history, market cycle operation, and psychology of market cycles.

I do totally agree into this word on which this should really be the #1 rule or principle at the moment or time that you do step into into crypto space and in speaking about investment then you should really be that prepared on whatever the things you do able to encounter. When you are already that making up some involvement with a volatile space or market then its not something that so simple that you can be able to be profitable or with having that assurance and this is why you should really be that investing on the amount on which you can afford to lose. So that on the moment or time that you would be losing some trades or investment then you wont be ending up on having that kind of impulsive reactions because we do know that there are people who do make out some all in kind of dealing up with this crypto space without even thinking about the risks involved.

Best way to handle emotions? Make yourself that experience on which at the time that you are gaining up such experience then this is where you would be able to control your emotions because you've been able to expect that this will happen and you are already wary and prepared for that on which in compared into those newbies or who are just that new into dealing up with this market then you would definitely facing up some problems. There are really just that those times that you will be that too optimistic but ending up on having some broken expectations and this is why you should be that mindful about on the risks.

[betswift]

#1 rule as others have said: NEVER gamble/invest/bet more that you can comfortably lose. It makes it far easier to ride out low spots.

Always take a step back, try to see the Big Long Term Picture and just enjoy the ride.

It's about going with the flow without a nerve to it.
That way, you know you are doing things right.
 

[uneng]

Investors must start their Bitcoin investments focused on long term results, which may take several years until coming in. When the investor expects fast returns, he ends frustrated and fearful, what increases the chance he is going to sell his coins before the right moment, what means he sells for a cheaper price than he bought. When the investor is aware about that, he will be emotionally strengthened and prepared for different possible scenarios ahead, without shaking his confidence.

Another point is that people usually share only the big winnings made through BTC investment, but don't mention how long it took until becoming reality. There are investors who are here for more than 10 years already. It gives a good parameter hat success comes on long term. So, don't be in a hurry and make sure to put your eggs in the right baskets.

[Alone055]

Emotions are not always driven by the amount of money you've invested or whether you can afford to lose it or not, but it also has a lot to do with your nature in general. Some people tend to have calm natures and they barely panic no matter what the situation is, on the other hand, some would panic even for the lowest travesties. So, it's not always about money or winning and losing, it's sometimes about how you can control yourself and your emotions.

I have seen people panicking when the market starts dropping when they have $50 invested, and it's not like they would be sleeping on the footpath if they lose that money, but it's just that they have a nature that makes them panic when situations are even slightly against them. I have also seen people who have large funds at stake, but they barely panic even when they can see there is negative volatility in the market which means it's going against them, and at the end, they manage to come out of it in profit by staying calm and collected.

So, even though it's correct that one shouldn't invest money that they can't afford to lose in spaces where they know they can lose it, it needs to be understood that your emotions aren't always driven by this thing.

[cr1776]

The sentiment of CZ has said it all.
Most Investors or traders don't know that investing a money you can't afford to do away with or money they can't afford to lose is the exact thing that makes you panic either as an investor or a trader, because as humans that we are, at some point we will always display emotions even though we really believes in Bitcoin, because their is a dip just as this current dip that might shake your confidence, which might warrant you to sell in panic, though newbies investors mostly are the ones that normally does that but even as a veteran in the the crypto space, if you invest or trade with what you can't afford to do away with or what you can't afford to lose, your emotions may get the better of you when the volatility of the market is in full display as this present one, and CZ who has the largest crypto exchange (Binance) has practically said it all in a summary, which I 100% agree to, because all he said is true.
So let's try to invest only what we can afford, so as not to be easily shaken by volatility in the market.

And don't use leverage.  And expect to hold it for a few years or longer.  Newbies like CZ should've learned this years ago.

[Mia Chloe]

In an sight of collection with the Speculations that goes around the crypto markets, it displays like Bitcoin is not so volatile fie investors to invest without fest rather the Alt Coins is one of that emotional outbreaks when invested on on to the fact that it volume of volatilities is extremely higher than that of Bitcoin.

Cryptocurrencies come with a couple of risks when you work with them. And that risk is majorly as a result of volatility. Cryptocurrencies have the ability to move either up or down at any point in time and it is even more intense when you deal with cryptocurrencies that are very very volatile probably something of the likes of Meme coins and tokens.

Two of the most common way to earn from crypto is actually either holding or trading. Trading comes with a larger risk of course however it also comes with a bigger profit return compared to Hodling.

[mindrust]

Have a diversified portfolio and chill. Most investors get emotional because they go all in on one asset and expect to get rich. That’s not different than gambling imo. That’s not how making investments work. There is an old saying: “Don’t put all your eggs in one basket” and it tells the truth. I don’t know what is so hard about following it. I guess greed messes up with people’s logic. We gotta stop being greedy and come to our senses.

[Furious 7]

Most of us are still stuck with fomo where they sometimes don't really think about the worst situation because they are too focused on the benefits they have which actually makes them not really care about financial management properly even though when talking about investment, of course our financial management must be maintained properly so that in the end this situation does not make them lose just because they don't think about risk properly.

This is based on naive thinking where sometimes they always have the mindset that crypto, especially bitcoin, is an instant place to profit but this is clearly a mistake because even though it is true that bitcoin can bring profits, there needs to be a process that must be followed and this is not as easy as imagined.

They sometimes don't know the basics to do and don't even think about analyzing or even making good financial management which makes them actually destroyed on the road that is actually good to be in bitcoin.

[RockBell]

In my opinion, panic is a common thing for some investors, but this goes back to what assets you buy. Indeed, when we invest, the main thing is that we must first have knowledge about this investment, if you understand the risks or other knowledge, then you can prepare the money they can afford to lose or some of the money you want to invest. That way you don't become too much of a burden on your life, we also have to think about our every need every day.

Panic is not something I think can be overruled because of our nature and this have been one of the weakness of people and if you are able to manage, because when you are afraid it will limit how you operate in the industry because you will be scared to make certain decisions and  no matter how it is you must learn to take risk because risk is one of the things that will giver you upper hand.

And investing in a particular amount you can afford to lose is not really a good one because of how the system is designed when you are to composed trying to take reasonable risk is wisdom but it is now as if when you take that risk there is a way forward and that is why sometimes it doesn't have to be always to take risk but once in a while.

The moment the need can be separated from investment because when you have so much need it will one way or the other affect your investment so there is a lot of hard work when you want to invest.

[stadus]

So let's try to invest only what we can afford, so as not to be easily shaken by volatility in the market.

Invest what you can afford to lose it. It's principle #1.
Manage your capital that if you lose all investment capital, you won't die or be bankrupted. It's principle #2.
Don't trade especially don't use leverage, futures trading that means you can avoid market volatility in exchange liquidation.
Read news less because you are not a trader and don't need to read news daily or more regularly than that.

Generally, it's important to understand about the market history, market cycle operation, and psychology of market cycles.

Well said. Investing with what we can afford to lose and understanding the whole market scenario will definitely lead us to manage our emotions well, without getting bothered and turn panicking when the market’s volatility is already high. Our emotions should be given the topmost concern, otherwise if we end up with unstable emotions, we will never be successful with our investment most especially in crypto where the market is always unpredictable.

[Obari]

The moment there is an awareness and consciousness of not investing more than you can afford to lose, then you’re already for what the market offers but one thing about humans is that, the greed factor is always very difficult to overcome but the moment an investor understands not to invest more than they can afford to lose, then, there wouldn’t be any reason to panic in the market.
I also agree with you that, most times, the people that fall major victim of these panic and emotions in cryptocurrency are the newbies and most times it’s because of a wrong orientation they got before jumping in to the market

[sunsilk]

So let's try to invest only what we can afford, so as not to be easily shaken by volatility in the market.

Holding Bitcoin is very tricky. I think everyone is having their own dose of medicine. While we say that we should only invest what we can afford to lose.

Those early holders are coming up to the point that holding up to $100k+ and then millions and with some crashes and corrections, they're all emotional but still holding on.

The larger the price of Bitcoin, the larger the emotions we're having and I think we're all being prepared for a bigger thing with that. It's a newbie advice but still might work for the oldies.

[Ziskinberg]

It has been said that greed comes out when it talks about money and profit. It stuck in the minds of the people that putting in a large amount of money will make them earn more. But the thing they never know or forget is the risk behind this. They feel better and excited when they see the price is going up, but when the dump comes, worries and doubts are in their mind.

But I could say that most investors/traders are just emotional. And even if they spend a small amount, they could still feel the same.

Well emotions will always be present regardless of the event. However, getting high emotions is not advisable when you are into an investment, most especially when we talk about crypto where volatility is high. It’s still best to control your own emotions and by managing our funds used for investment and investing we can afford to lose, we can further create positive outcomes that would led to investment success and profitability. Just stick to what we can afford to lose, and not something we aren’t comfortable of losing.

[Nothingtodo]

Controlling emotions in cryptocurrency is an art.  Among them, the greater the ability to control emotions, the more he will benefit from crypto currency. Investing and holding in cryptocurrencies is very risky.  In this risky investment some may gain and some may lose.  In both these cases, those who can control their emotions or feelings are successful

[Finestream]

Know what you are investing for and know what you are supposed to invest. If you focus on that, you will never have negative emotions throughout the investment process. Instead, you will experience peace of mind because you stick to what you can afford to lose, and by doing so, you will never be feared with losses because you know that’s always possible with any type of investment.

However, the biggest advantage if you stick to what you can afford to lose is that you can focus to your main goal and get rid of doubts and fears. And that’s a good thing actually, having no distractions that would only bring mistakes and losses in the long run.