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Author Topic: What do you do when the market is bleeding to avoid stress?  (Read 6930 times)

Offline bayu7adi

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What do you do when the market is bleeding to avoid stress?
« on: August 23, 2024, 05:25:55 AM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,

I'm curious, what will you do to avoid stress due to unexpected market movements??

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What do you do when the market is bleeding to avoid stress?
« on: August 23, 2024, 05:25:55 AM »

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #1 on: August 23, 2024, 06:08:32 AM »
I'm curious, what will you do to avoid stress due to unexpected market movements??

As simple as don't think about it, we all as conservative investors agree that Bitcoin (BTC) will not lose value, it's only a matter of time until it breaks ATH after ATH, so, what are you worried about?
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #1 on: August 23, 2024, 06:08:32 AM »

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Offline libert19

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #2 on: August 23, 2024, 06:58:39 AM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens

If you have got faith in your purchases so far, and now you no longer have money to purchase further dips, technically there is no point to constantly look at market anymore, is it? So for now, just hold your horses until you feel conditions are favorable to sell.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #3 on: August 23, 2024, 08:30:00 AM »
If you are ‍so interested in buying bitcoin from the dips, then every dip will definitely motivate you to buy bitcoins. If you have the ability to buy bitcoins, you can definitely make profit. But without buying ability another dip in Bitcoin would be a missed opportunity. I think there is no need to take stress at that time. Because Bitcoin can give you another chance at some point. It is more useful to try your best. But if not there is nothing to regret.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #4 on: August 23, 2024, 08:31:23 AM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,

I'm curious, what will you do to avoid stress due to unexpected market movements??
I agree with you, Because we know that crypto currency market will be down in few week ago, it is unpredictable for crypto market. So i think that for avoid this stress i hold some bitcoin and other altcoin, so that in this difficult situation i can free from here. So i believe that crypto currency market is not prefer for us, sometimes we can face unpredictable problem, but we avoid this stress and free from thought.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #5 on: August 23, 2024, 10:48:57 AM »
I'm curious, what will you do to avoid stress due to unexpected market movements??
You should not use up to the money that can give you stress to invest in bitcoin. Reduce the amount of money that you invested if you make little profit already.

But I do not think bitcoin is going below $50000 anytime soon. Even if it goes below $50000, expect a strong resistance and buy back some minutes after.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #6 on: August 23, 2024, 11:02:56 AM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,


First off buying the dip is a very great strategy it gives you more room to have more of the coin with less amount of money and is the traditional or the easiest DCA method. But you shouldn’t just be buying every dip with the funds you have, have a proper strategy. Buying dip with all your funds like you just did is a clear indication that you didn’t obey the first rule of investing on volatile assets which is investing what you can afford to and what you can hodl for a very long term. The bitcoin profitability strategy is usually to invest for a long term minimum of 12 months, such that even if a dip happens there wouldn’t be panic selling.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #6 on: August 23, 2024, 11:02:56 AM »


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Re: What do you do when the market is bleeding to avoid stress?
« Reply #7 on: August 23, 2024, 01:46:18 PM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,

I'm curious, what will you do to avoid stress due to unexpected market movements??
bitcoin will not go down again $50k and you have to be sure bitcoin is still alive and now bitcoin is trending in the world because bitcoin is very high in value. many people want to know bitcoin and they really want to learn more about it because now digital currency is suitable for making money fast. don't think too much and now you have to think about how you can make a profit every day.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #8 on: August 23, 2024, 03:03:23 PM »
Sometimes it's good to not look at the market conditions for a while, we can look back at the market in a few days after there is good news about the market. If we continue to deal with the market while prices are weakening, it will make us stressed. It's different when the market is very good.

We can do many activities in real life and do our hobbies. There are actually many things that can be done.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #9 on: August 23, 2024, 03:54:15 PM »
In 2018, when the market crashed, I saw my cryptocurrency holdings fall by almost 90% and I felt very bad at the time
But I learned some good lessons that can help you:

1 - if you're too worried and uncomfortable, you may be too exposed, maybe it's better to have fewer cryptos
2 - If you're confident in your position, don't get weak if the price doesn't follow what you planned
3 - Don't keep checking the price every day. Working on other projects helps a lot, especially studying more about the market or getting involved in another activity, thus making your time useful

And please, don't sell at a loss
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #10 on: August 23, 2024, 04:32:20 PM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,

I'm curious, what will you do to avoid stress due to unexpected market movements??
This is unavoidable because that is what makes the market tradable, like it must keep coming all time. So as a bitcoin investor what you must do is to keep accumulating when the market is down and again you don't have to be looking at your portfolio because it's very sadden watching investing draining to the bottomless part and instead of one to profits s/he then starts to increase putting money to maximized their investment.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #11 on: August 23, 2024, 05:10:18 PM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,

I'm curious, what will you do to avoid stress due to unexpected market movements??
We do know that when it comes to price decline then there's no such thing about being that precise or something that could be concluded on which we know that this market
is really that truly unpredictable on which there's no way that you cant be able to assess or know it out. This is why its really that important that on the moment that you do
deal up with trading then you should really be having that good control of your emotion because this would really be that most factor that could affect
you out negatively.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #12 on: August 23, 2024, 06:55:52 PM »

I'm curious, what will you do to avoid stress due to unexpected market movements??

It really is stressful when you expect to make a profit soon but end up waiting for the market to recover, I experienced that so many times and just console myself that it will eventually recover, the hardest part in this situation is the uncertainty on when the price will recover, right now it only takes weeks, years ago it took months of waiting.

But still, you have to expect the unexpected in the market, its hard to predict the market's condition because of its volatility, and sometimes you get the shock after you wake up from a good night's sleep.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #13 on: August 23, 2024, 08:39:41 PM »
I hold more BTC now than I did last month, that's because I added to my supply when the market crashed a few days ago.... Even if the crypto market goes into a bearish phase again and drops below $50k for BTC, I'll be confused because the money allocation for crypto purchases is no longer there... maybe I'll be a little stressed when that happens,

I'm curious, what will you do to avoid stress due to unexpected market movements??
For me I think DCAing would be the best thing to do during red days in the market that if we have funds to ultilize during that time but if we have nothing I think that will still give as stress because we might think of missing that opportunity so yeah better to prepare for that kind of situation.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #14 on: August 23, 2024, 09:01:53 PM »
Definitely playing computer games if I have the time, its clear that we are seeing a lot of great games lately and it has always been evolving so I think its going to never end. I am nearly 35 now, and I have been playing these games all my life and I do not think that I am going to end it any time soon, its really fun and its not ending and its really fun. I know that it takes time to do any of this, and I know that its not easy when you are a married man like me, but whenever I have some time to cool off and relax, I just open up whatever game I like at that time and play it for a few hours and I am good as new.

 

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