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Author Topic: What do you do when the market is bleeding to avoid stress?  (Read 6965 times)

Offline Hatchy

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #60 on: October 27, 2024, 07:31:56 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??
BTC unlike other cryptocurrency, Investors usually are happy when price experience a dip and that's because it creates an opportunity to buy more and wait for the next bull. Which we all know definitely comes into play. Bitcoin for long has been the best cryptocurrency to ever exist in the market. Now I'll assume by bleeding you meant bearish market. Yes. During the bears, I mostly don't bother checking how much the value of my coins are. It doesn't actually bother me that much when the bears play in as it's a time I get to buy more BTC. Best thing to do is to avoid observing the market too much during dips, this will reduce your stress alot.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #60 on: October 27, 2024, 07:31:56 PM »

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Offline enoch_from_off

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #61 on: October 27, 2024, 07:45:38 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??
BTC unlike other cryptocurrency, Investors usually are happy when price experience a dip and that's because it creates an opportunity to buy more and wait for the next bull. Which we all know definitely comes into play. Bitcoin for long has been the best cryptocurrency to ever exist in the market. Now I'll assume by bleeding you meant bearish market. Yes. During the bears, I mostly don't bother checking how much the value of my coins are. It doesn't actually bother me that much when the bears play in as it's a time I get to buy more BTC. Best thing to do is to avoid observing the market too much during dips, this will reduce your stress alot.

Yeah, especially with BTC, some corrections are just natural and you will need just to wait it out to see the coin bouncing back eventually.
On the other hand with other alts, especially the new alts, that's a worrying sign, simply because people don't have that much skin into them.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #61 on: October 27, 2024, 07:45:38 PM »

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #62 on: October 27, 2024, 07:48:53 PM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #63 on: October 27, 2024, 08:37:28 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??
After you invest in crypto, if you monitor the market frequently, it's normal to get restless with the market conditions, so to reduce your volatility, stop monitoring the market frequently if you are investing for long term.  In that case you won't panic because you don't see the daily market situation.  It will help you reduce your stress.  Since you are investing in Bitcoin, you don't need to think too far.  Only invest for long term and keep them in a safe wallet and forget about it for a few years if you are financially strong enough.  And instead of investing all together, invest according to DCA method, in that case your risk will be reduced a lot
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Offline Crypto Library

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #64 on: October 27, 2024, 09:04:30 PM »
Having cash on hand as for now is a great backup in of itself, not only due to crypto being regulated in some places.
I hope the situation on your part will become better.
Yeap cash is physical asset and there is no medium need to use it and so that I also say to have it instead of not investing the whole fund in bitcoin or the crypto coins.
Even then I have said it multiple times that the assets or income to be placed in three parts and first part you can invest in bitcoin about the 30% and you can hold the 40% in crypto stable coins like USDT or USDC and the rest percentage of fund I mean the rest 30% you can cashout and use them in your regular life living. That's how you are not being fully dependent on any asset like you don't have to face the volatility of bitcoin and also the inflation of the cash fiat as well.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #65 on: October 28, 2024, 10:38:20 PM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.

It's a good idea though but the market price should be a resin for you to stay away from your phone. First thing is to develop some kind of discipline in our selfs. Our mindset is what will enable us go through the stress while the market is bearish. Most times just try not to observe the chart or receive any news update about the market. just for a while though, the market will not remain bearish for ever, just like we see in btc and other crypto with good potentials. . But your phone can still be used In times where you don't want to visit the market.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #66 on: October 29, 2024, 02:22:00 AM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.
I think spending time with friends could also be a pretty great way to get your mind off things too. I use that all the time, whenever I’m faced with a situation that seems overwhelming or too complicated and I just wanna let it be for a while and wish to engage in an activity that may get my mind of it or maybe keep me busy, I just put a call across to any of my friends I know would be available or sometimes two, and we’d just go out, have some drink or something. And if it’s someone I feel have the experience on what I’m doing, I could equally talk to the person about it and hear what he’s got to say about it too, and most times this often helps me crack the situation.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #66 on: October 29, 2024, 02:22:00 AM »


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Re: What do you do when the market is bleeding to avoid stress?
« Reply #67 on: October 29, 2024, 02:30:37 AM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.
Even though we have diverted our minds to something else, our memory to remember the last price turns out to be a bitter reality... sometimes it encourages us to make sure again that the price has returned to normal by checking the market... or what I do most often is when I play social media, without any intention of checking market conditions, there my friends I follow share something related to the market... knowing it accidentally will also affect our psychology, right?

Maybe it's better to kill our emotions about market prices... by not expecting too much from market prices. We will consciously ignore what is happening in the cryptocurrency market.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #68 on: October 29, 2024, 06:51:40 PM »
I don't believe that bitcoin will drop below $50k either, but rather than trying to buy it cheaply when the market goes into a bear phase, i would rather plan a monthly accumulation plan
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #69 on: October 29, 2024, 07:32:58 PM »
I don't believe that bitcoin will drop below $50k either, but rather than trying to buy it cheaply when the market goes into a bear phase, i would rather plan a monthly accumulation plan
It is difficult to profit from Bitcoin by those who cannot control themselves to see a slight decline in the market. There are some investors who panic and sell at the slightest drop in the market will never be able to profit from Bitcoin's ATH. Since a pre-requisite to being profitable from Bitcoin is long-term holding, those who want to profit quickly will rather lose. An investor will definitely be profitable if he follows DCA within his capacity at a regular basis. Bitcoin's long-term plan can protect investors from losses in any situation.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #70 on: October 29, 2024, 07:50:40 PM »
It is difficult to profit from Bitcoin by those who cannot control themselves to see a slight decline in the market. There are some investors who panic and sell at the slightest drop in the market will never be able to profit from Bitcoin's ATH. Since a pre-requisite to being profitable from Bitcoin is long-term holding, those who want to profit quickly will rather lose. An investor will definitely be profitable if he follows DCA within his capacity at a regular basis. Bitcoin's long-term plan can protect investors from losses in any situation.
Yes investing in Bitcoin requires self control and patience. Investors who sell quickly when market drops will find it hard to make money. Holding onto Bitcoin for long time is essential. Those looking for fast profits will probably lose. Successful strategy is Dollar-Cost Averaging DCA. Investors put in fixed amount of money regularly based on what they can afford. This approach helps investors deal with market changes and making it likely they will make money. Bitcoin long term potential protects investors from losses and making it good strategy.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #71 on: October 29, 2024, 09:02:30 PM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.

I agree with your opinion here. Avoiding stress keeps the entire body and mind relaxed. I have had this experience as I was so stressed that it affected my health and I broke down. It took me time to fully recover as a result of the accumulated stress I have had. It is good one takes out time for themselves irrespective of how tight their schedule is because if they don't, the repercussion would be a terrible health experience.

One should learn to have a quality time for themselves void of stress so that they can be able to get more focus on their life and live healthy.
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Re: What do you do when the market is bleeding to avoid stress?
« Reply #72 on: October 29, 2024, 10:54:28 PM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.

I agree with your opinion here. Avoiding stress keeps the entire body and mind relaxed. I have had this experience as I was so stressed that it affected my health and I broke down. It took me time to fully recover as a result of the accumulated stress I have had. It is good one takes out time for themselves irrespective of how tight their schedule is because if they don't, the repercussion would be a terrible health experience.

One should learn to have a quality time for themselves void of stress so that they can be able to get more focus on their life and live healthy.
Stress will make us unable to think clearly especially if we do trading even though you are disciplined and always focused but we need to relax to do it all.
relieving stress in life can be done by doing a hobby, something that is enjoyed and we should do this in between our busy schedules so as not to experience stress that can make us not optimal in trading.

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Re: What do you do when the market is bleeding to avoid stress?
« Reply #73 on: October 30, 2024, 05:51:54 AM »
After you invest in crypto, if you monitor the market frequently, it's normal to get restless with the market conditions, so to reduce your volatility, stop monitoring the market frequently if you are investing for long term.

Yes, that is so right. This is the very idea of HODLING for the long-term so just get in, buy some crypto coins or tokens that you think will really be valuable into the future and then get out. Just forget your investment for some months and yes even years...and just go back from time to time to make sure that things are secured on your end. As we are living in a very stressful world and very noisy at that, there is no need to add more stress while watching the ups and downs in CMC not unless of course one can be like me who don't really care if there can be a big dip as I know that eventually things will be up in no time at all.


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Re: What do you do when the market is bleeding to avoid stress?
« Reply #74 on: October 30, 2024, 02:17:35 PM »
Avoiding stress is probably essential for you to get your mind off things. It is best to let yourself cool down and make decisions with the right mindset. Personally, staying away from my phone is also important. I just play games to relieve myself and also exercise. Staying away from my phone is also ideal.

I agree with your opinion here. Avoiding stress keeps the entire body and mind relaxed. I have had this experience as I was so stressed that it affected my health and I broke down. It took me time to fully recover as a result of the accumulated stress I have had. It is good one takes out time for themselves irrespective of how tight their schedule is because if they don't, the repercussion would be a terrible health experience.

One should learn to have a quality time for themselves void of stress so that they can be able to get more focus on their life and live healthy.
Stress will make us unable to think clearly especially if we do trading even though you are disciplined and always focused but we need to relax to do it all.
relieving stress in life can be done by doing a hobby, something that is enjoyed and we should do this in between our busy schedules so as not to experience stress that can make us not optimal in trading.

The worst of them all is accumulated stress. I do not wish anybody to go through such experience, it is so traumatic that it can cause ones life. If after you've had a stressful period please take out time to rest and to regain your vitality. Do not force or push yourself into strenuous engagements that would cost you your health back to back. Many have died of such because they fail to listen and give their health and body the urgent attention it requires. Do not wait before you breakdown to give yourself attention. Relieve yourself of stress and live a healthy lifestyle.
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