What do you do when the market is bleeding to avoid stress?

[God Of Thunder]

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??

It is easy to get distracted when you are alone and nothing to do. I usually spend busy time on my shop or reading, writing on the forum or traveling with friends. Most of the times I do not even notice the market movement because even though I am regular on crypto forum, I do not check crypto price everyday these days.

Sometimes when there are big moves, I may check once in a day or sometimes I get the notification from CEX apps that Bitcoin surpassed this range, or down below that range. You can spend time watching movies, netflix series or whatever you want. Just find a way to keep yourself busy. Everyone should have their favorite thing to do.

[Dr.Bitcoin_Strange]

It is easy to get distracted when you are alone and nothing to do. I usually spend busy time on my shop or reading, writing on the forum or traveling with friends. Most of the times I do not even notice the market movement because even though I am regular on crypto forum, I do not check crypto price everyday these days.

Sometimes when there are big moves, I may check once in a day or sometimes I get the notification from CEX apps that Bitcoin surpassed this range, or down below that range. You can spend time watching movies, netflix series or whatever you want. Just find a way to keep yourself busy. Everyone should have their favorite thing to do.

Always and constantly looking and monitoring market movements can indeed inject some kind of stress on an investor, especially for someone who has an active investment and is expected the coin to grow,  if the market isn’t moving according to your expectations, you may start feeling some sort of tension and for some, could contribute to making impulsive decisions that may likely cause financial losses.

It’s important to try as much as one can to distract himself from regularly monitoring the market, the options you listed could actually turn out to be a pretty great options to distract one from monitoring the market, and in addition, I think diversification of investment could also be a great option too, like diversifying to other less volatile assets or business, this could also be a pretty good distraction.

[koang]

It is easy to get distracted when you are alone and nothing to do. I usually spend busy time on my shop or reading, writing on the forum or traveling with friends. Most of the times I do not even notice the market movement because even though I am regular on crypto forum, I do not check crypto price everyday these days.

Sometimes when there are big moves, I may check once in a day or sometimes I get the notification from CEX apps that Bitcoin surpassed this range, or down below that range. You can spend time watching movies, netflix series or whatever you want. Just find a way to keep yourself busy. Everyone should have their favorite thing to do.

Always and constantly looking and monitoring market movements can indeed inject some kind of stress on an investor, especially for someone who has an active investment and is expected the coin to grow,  if the market isn’t moving according to your expectations, you may start feeling some sort of tension and for some, could contribute to making impulsive decisions that may likely cause financial losses.

It’s important to try as much as one can to distract himself from regularly monitoring the market, the options you listed could actually turn out to be a pretty great options to distract one from monitoring the market, and in addition, I think diversification of investment could also be a great option too, like diversifying to other less volatile assets or business, this could also be a pretty good distraction.

Yep, constantly watching the price movement chart, we are bound to feel optimistic or pessimistic at some point, which is a form of involving emotions in our investment decisions.
Experienced traders can read patterns from market psychology cycles. They use market psychology to enter and exit the market, they act as observers who avoid emotional trading but use the emotions of ordinary traders and investors to their advantage.

[Cryptsafe]

It is easy to get distracted when you are alone and nothing to do. I usually spend busy time on my shop or reading, writing on the forum or traveling with friends. Most of the times I do not even notice the market movement because even though I am regular on crypto forum, I do not check crypto price everyday these days.

Sometimes when there are big moves, I may check once in a day or sometimes I get the notification from CEX apps that Bitcoin surpassed this range, or down below that range. You can spend time watching movies, netflix series or whatever you want. Just find a way to keep yourself busy. Everyone should have their favorite thing to do.

Always and constantly looking and monitoring market movements can indeed inject some kind of stress on an investor, especially for someone who has an active investment and is expected the coin to grow,  if the market isn’t moving according to your expectations, you may start feeling some sort of tension and for some, could contribute to making impulsive decisions that may likely cause financial losses.

It’s important to try as much as one can to distract himself from regularly monitoring the market, the options you listed could actually turn out to be a pretty great options to distract one from monitoring the market, and in addition, I think diversification of investment could also be a great option too, like diversifying to other less volatile assets or business, this could also be a pretty good distraction.

Short term traders or holders are some worth of this experience, they constantly do monitor the market to make sure their investments are safe because of their short term market target to collect profit but the long term holders do not bother because they have a long time frame work for which  they can stay without looking at the market trend. Most times, expectations are what makes traders to always stay glued to monitoring the market and this causes much stress which also has its own side effect.

As you have talked about investment diversification, this would be a good alternative to avoid too much focus on your crypto invest as you have other alternative sources of investment to backup the crypto investment. However, one can be at alert to know what is happening so that they are not taken unawares as many have lost their crypto investment as a result of not following up. I remember how  a friend missed to swap a token which a deadline was given to do so but he was not following up with the project but was just relaxed thinking it would be like that forever, forgetting that in crypto, anything can happen.

[Dr.Bitcoin_Strange]

As you have talked about investment diversification, this would be a good alternative to avoid too much focus on your crypto invest as you have other alternative sources of investment to backup the crypto investment. However, one can be at alert to know what is happening so that they are not taken unawares as many have lost their crypto investment as a result of not following up. I remember how  a friend missed to swap a token which a deadline was given to do so but he was not following up with the project but was just relaxed thinking it would be like that forever, forgetting that in crypto, anything can happen.

That was indeed an awful experience for your friend. Well this advice and approach is often for those investing in Bitcoin as you’re sure that such situations are not going to happen or arise. Besides I wouldn’t advice those investing in shitcoin projects to employ the long term strategy or to avoid monitoring their investments, due to the instability and risks associated with these kind of investments, one actually needs to stay glued to their investments, monitoring and keeping an eye on them at all time, just as you said, so one needs not to be taken unaware. I’m pretty sure if your friend was investing in Bitcoin, then he would’ve absolutely avoided missing out on the opportunity and avoided the losses.

[Dr.Bitcoin_Strange]

As you have talked about investment diversification, this would be a good alternative to avoid too much focus on your crypto invest as you have other alternative sources of investment to backup the crypto investment. However, one can be at alert to know what is happening so that they are not taken unawares as many have lost their crypto investment as a result of not following up. I remember how  a friend missed to swap a token which a deadline was given to do so but he was not following up with the project but was just relaxed thinking it would be like that forever, forgetting that in crypto, anything can happen.

That was indeed an awful experience for your friend. Well this advice and approach is often for those investing in Bitcoin as you’re sure that such situations are not going to happen or arise. Besides I wouldn’t advice those investing in shitcoin projects to employ the long term strategy or to avoid monitoring their investments, due to the instability and risks associated with these kind of investments, one actually needs to stay glued to their investments, monitoring and keeping an eye on them at all time, just as you said, so one needs not to be taken unaware. I’m pretty sure if your friend was investing in Bitcoin, then he would’ve absolutely avoided missing out on the opportunity and avoided the losses.

[Cryptsafe]

As you have talked about investment diversification, this would be a good alternative to avoid too much focus on your crypto invest as you have other alternative sources of investment to backup the crypto investment. However, one can be at alert to know what is happening so that they are not taken unawares as many have lost their crypto investment as a result of not following up. I remember how  a friend missed to swap a token which a deadline was given to do so but he was not following up with the project but was just relaxed thinking it would be like that forever, forgetting that in crypto, anything can happen.

That was indeed an awful experience for your friend. Well this advice and approach is often for those investing in Bitcoin as you’re sure that such situations are not going to happen or arise. Besides I wouldn’t advice those investing in shitcoin projects to employ the long term strategy or to avoid monitoring their investments, due to the instability and risks associated with these kind of investments, one actually needs to stay glued to their investments, monitoring and keeping an eye on them at all time, just as you said, so one needs not to be taken unaware. I’m pretty sure if your friend was investing in Bitcoin, then he would’ve absolutely avoided missing out on the opportunity and avoided the losses.

I actually advised him to looking into Bitcoin but he was adamant and I would not force him against his decision so I kept mute. I was thinking he was following up in monitoring and checking for updates but to my greatest surprise he didn't but was just there hoping for the price of the token to skyrocket for him to take big profit from it.

If he he was actually following up with the project, I think he wouldn't have missed out the deadline for the swapping. When I asked him, he admitted it to be engagements as a result of the nature of his work which could not avail him the opportunity to constantly monitor his investment for updates and development.

One thing with Crypto investment is that as an investor, you must constantly keep an eye on your investment to know the direction it is heading towards and if there are any information you would need to act upon to safeguard your investment and put you on the right track.

[Gurujebs]

Yep, constantly watching the price movement chart, we are bound to feel optimistic or pessimistic at some point, which is a form of involving emotions in our investment decisions.
Experienced traders can read patterns from market psychology cycles. They use market psychology to enter and exit the market, they act as observers who avoid emotional trading but use the emotions of ordinary traders and investors to their advantage.

Some of us don't know that in every crypto market movement, there is opportunity to make money. Some are risky but what is money making without risk? It's definitely a scam. Anytime the market is bleeding, open a short position and makes some profit, when you try it once, twice or three times you wouldn't be afraid again but make sure to do ptofooet analysis.

Another alternative is to buy more if you have money you aren't in dare need, do some dollar cost average and then sell back, this is one of the fastest strategy one can use to make money from market dump.

[rizqillah]

Yep, constantly watching the price movement chart, we are bound to feel optimistic or pessimistic at some point, which is a form of involving emotions in our investment decisions.
Experienced traders can read patterns from market psychology cycles. They use market psychology to enter and exit the market, they act as observers who avoid emotional trading but use the emotions of ordinary traders and investors to their advantage.

Some of us don't know that in every crypto market movement, there is opportunity to make money. Some are risky but what is money making without risk? It's definitely a scam. Anytime the market is bleeding, open a short position and makes some profit, when you try it once, twice or three times you wouldn't be afraid again but make sure to do ptofooet analysis.

Another alternative is to buy more if you have money you aren't in dare need, do some dollar cost average and then sell back, this is one of the fastest strategy one can use to make money from market dump.

Scammers always offer something that is easy and profitable for prey to believe, whereas in investment crypto there is always a risk so we have to be careful with the bidding of scammers not to be persuaded, because we will lose our money. There is nothing easy to benefit from investing, all need a process

[doc]

Yep, constantly watching the price movement chart, we are bound to feel optimistic or pessimistic at some point, which is a form of involving emotions in our investment decisions.
Experienced traders can read patterns from market psychology cycles. They use market psychology to enter and exit the market, they act as observers who avoid emotional trading but use the emotions of ordinary traders and investors to their advantage.

Some of us don't know that in every crypto market movement, there is opportunity to make money. Some are risky but what is money making without risk? It's definitely a scam. Anytime the market is bleeding, open a short position and makes some profit, when you try it once, twice or three times you wouldn't be afraid again but make sure to do ptofooet analysis.

Another alternative is to buy more if you have money you aren't in dare need, do some dollar cost average and then sell back, this is one of the fastest strategy one can use to make money from market dump.

If there is a market downturn, I will buy potential coins and hold them until the market goes up and sell them for profit. I also agree that in investing in crypto we use money that we don't need in the near future, but use free savings so we are calmer and focus on investing and trading.

[Dr.Bitcoin_Strange]

I actually advised him to looking into Bitcoin but he was adamant and I would not force him against his decision so I kept mute. I was thinking he was following up in monitoring and checking for updates but to my greatest surprise he didn't but was just there hoping for the price of the token to skyrocket for him to take big profit from it.

Well the problem is that a lot of newbies who come into the crypto space, due to how huge the price of Bitcoin is, scares them and make them believe that Bitcoin is too big for them to start buying as they usually have the misconception that only investors with huge amounts of money can invest in Bitcoin. Thus, they prefer to turn to shitcoins that costs lesser, without consideration the fact that shitcoins carries way too much risks and there’s every tendency of losing money when you invest in shitcoin projects.

[nakmantu99]

I actually advised him to looking into Bitcoin but he was adamant and I would not force him against his decision so I kept mute. I was thinking he was following up in monitoring and checking for updates but to my greatest surprise he didn't but was just there hoping for the price of the token to skyrocket for him to take big profit from it.

Well the problem is that a lot of newbies who come into the crypto space, due to how huge the price of Bitcoin is, scares them and make them believe that Bitcoin is too big for them to start buying as they usually have the misconception that only investors with huge amounts of money can invest in Bitcoin. Thus, they prefer to turn to shitcoins that costs lesser, without consideration the fact that shitcoins carries way too much risks and there’s every tendency of losing money when you invest in shitcoin projects.

You are right, that is the reality, many newbies are tempted by people's stories that the profits in shitcoin are bigger and faster, this news is always shared by influencers. In fact, shitcoin is high risk and I have lost a lot of money in the past. The price of bitcoin is high but we can buy it according to the funds we have, at least $ 10. We don't have to buy 1 BTC but according to the money we have.

[pieppiep]

You are right, that is the reality, many newbies are tempted by people's stories that the profits in shitcoin are bigger and faster, this news is always shared by influencers. In fact, shitcoin is high risk and I have lost a lot of money in the past. The price of bitcoin is high but we can buy it according to the funds we have, at least $ 10. We don't have to buy 1 BTC but according to the money we have.

Well, there are numerous stories presenting the large and fast profit horizon when buying shitcoins, and it all still sounds very appealing to the newcomers. This investment is likely to appear attractive, with the help of various parties, and bloggers, who discuss their successful experiences. But it is crucial to mention that shitcoins come with high risk always and mostly lead to high loss making. We need to be more cautious and learn to accept a situation in which much-fluctuating and less-stable this particular form of lexical investment can often lead to undesirable outcomes.

Bitcoin today cost a very high price, but it gives us an opportunity to begin with the amount that we are capable of investing. If we purchase Bitcoin for example at $10 it will be of no value because someone may shave it with market fees. Therefore, the most suitable approach to obtain Bitcoin at this first expensive price would possibly cost $50- $100. This way, the investment that we are interested in assumes lower risk, and we can be more calm than, for example, when investing in stock and expecting to get big profits and at the same time having big loss.

[Dr.Bitcoin_Strange]

You are right, that is the reality, many newbies are tempted by people's stories that the profits in shitcoin are bigger and faster, this news is always shared by influencers. In fact, shitcoin is high risk and I have lost a lot of money in the past. The price of bitcoin is high but we can buy it according to the funds we have, at least $ 10. We don't have to buy 1 BTC but according to the money we have.

Very correct.
All a person really needs to invest in Bitcoin is to have a stable income source and maybe some good amount of money saved up somewhere for emergencies that may likely occur in the future, because certainly emergencies will surely occur in the future and without a backup fund to support your investment, you may likely just dip into your investment for financial support to weather the emergency. But with the presence of an emergency fund, one can be sure that your accumulation won’t be interrupted by subsequent emergencies thereby giving your investment the security and chance to grow overtime.

[Cryptsafe]

I actually advised him to looking into Bitcoin but he was adamant and I would not force him against his decision so I kept mute. I was thinking he was following up in monitoring and checking for updates but to my greatest surprise he didn't but was just there hoping for the price of the token to skyrocket for him to take big profit from it.

Well the problem is that a lot of newbies who come into the crypto space, due to how huge the price of Bitcoin is, scares them and make them believe that Bitcoin is too big for them to start buying as they usually have the misconception that only investors with huge amounts of money can invest in Bitcoin. Thus, they prefer to turn to shitcoins that costs lesser, without consideration the fact that shitcoins carries way too much risks and there’s every tendency of losing money when you invest in shitcoin projects.

You are right, that is the reality, many newbies are tempted by people's stories that the profits in shitcoin are bigger and faster, this news is always shared by influencers. In fact, shitcoin is high risk and I have lost a lot of money in the past. The price of bitcoin is high but we can buy it according to the funds we have, at least $ 10. We don't have to buy 1 BTC but according to the money we have.

Obviously, they think such way of taking profit so fast from shitcoin and ignore the fact that the shitcoin does not last for a while and that these shitcoin are only in existence as a result of influencers and celebrities hype and when they are done taking profit, they abandon the shitcoin on their supporters and nothing anybody can do about it.

If they can be able to accumulate bitcoin in their little fraction from their spare cash, gradually they could be able to get something big and reasonable as time goes on without noticing it that way. That has helped most of the people in getting a good amount of bitcoin unknown to them until they realized it. If same approach is given by the newbies, they could accumulate more bitcoin as per their target and even exceed it without them knowing.