My psychological state was stable in accumulation Bitcoin weekly in long term Bitcoin investment but in trading it is completely different and stressful. Instead of wasting our nerves, I am realizing more and more that we should accumulate Bitcoin for the long term. Trading is a mental stressor.
First of all, you need to realize that trading isn’t easy, it’s not just a matter of buying, waiting for the price to rise, then selling to make a profit. It’s not that simple. You need to have a deep understanding of the market before you start trading, you need to be able to analyze the market since your focus is on the short term, this is crucial. Then, as you mentioned, you feel anxious after seeing your portfolio in the red. Remember friend, that ups and downs are normal, provided you’re confident in your analysis, i don’t think you need to worry too much. However, if you start trading relying solely on gut feelings without a clear foundation, trading will ruin your finances.
Therefore, trading isn’t suitable for everyone. Unlike long term investing, which anyone can do and might be the best choice for you, you’ll still see your portfolio take losses, but since the goal is long term, you won’t experience excessive anxiety.