In the midst of the gunfire and chaos of the cryptocurrency world, whether you are an expert or a novice, no one can sail smoothly forever. At this moment, how to stabilize your mindset and combat pressure will be the key to winning the next move!
(Background Summary: The Awakening of Ordinary Web3 Participants: Let Go of the Trading Mentality and Enter the Circle Steadily!)
(Background Supplement: 10 Investment Psychological Tips from “The Wealthy Mindset”: To emerge from a bear market, one must first solidify their worldview.)
As we watch the numbers on the exchange fluctuate with each K-line, the pressure quietly spreads over us, accompanied by the fear in our hearts. Will the contract be liquidated? Will we miss this market opportunity? When our emotions control our actions, it is likely that we will become just another victim of the market. Therefore, this article offers three aspects of stress relief guidelines to ensure that pressure does not interfere with our decision-making, allowing us to become winners in the market.
Stable Mindset Section
When people face investment losses, it is inevitable to experience unstable emotions. At this time, only by adopting a positive mindset can we truly stop the losses. However, most players, when facing losses, are eager to make it back as quickly as possible, leading to a series of contracts, and only a few days later do they realize they have lost everything and regret it. Thus, we introduce two stable mindsets:
- Accepting Market Uncertainty
Accept this failure; no one can fully predict future trends, and even whales can be liquidated, let alone retail investors. We knew before entering the cryptocurrency world that it is a high-risk place, and it is precisely because we are willing to take high risks that we have the opportunity to quickly gain high returns in the crypto market.
It is said that the first stock in the world was issued by the Dutch East India Company in 1602. At that time, investors’ funds were essentially bets on the ships that sailed out to sea, enduring real storms and ultimately bringing back results. Investors could not predict whether a particular voyage would succeed or fail, but it was this spirit of risk-bearing that created immense wealth for them.
- Learning from Mistakes
Without experiencing the heavy blows of the market, one cannot truly grow into an excellent investor. My success in the crypto market largely stems from the lessons I learned from those significant losses.
– Renowned cryptocurrency analyst Miles Deutscher
Learning from investment losses and recognizing the errors in our operations can make this loss valuable. I recommend reading the article “The Five Key Crypto Investment Lessons I Learned After Losing $1.7 Million,” where Miles Deutscher shares five unforgettable investment points he learned from personal losses. This is a great opportunity to reflect on ourselves while standing on the shoulders of giants.
Investment Strategy Section
The cryptocurrency market is both loved and hated for its high-risk, high-reward nature. However, if you have encountered significant setbacks while using high leverage in the recent bear market, why not take this opportunity to learn about financial management methods that allow us to relax: U-Based Financial Management. “Instead of PvP to disastrous ends, why not aim for a steady 20% return over a year?” I recommend reading this collaborative column series:
- “The Market Correction is Painful, More Suitable for the Lazy: U-Based Financial Management Strategy Here”
- “The Market Correction is Deceptive, Suitable for Relaxation: U-Based Financial Management Strategy Vol.2 Here”
- “Extreme Market Panic, Suitable for Relaxation: USDT Financial Management Strategy Vol.3 is Here”
This series will be updated weekly, so feel free to check in regularly for the latest stablecoin financial analysis.
After understanding this part of investment strategy, allocate some assets to a stable investment portfolio. This way, you can enjoy steady passive income without constantly worrying about chasing the unpredictable cryptocurrency prices.
Daily Action Section
- Stabilizing the Mind:
When we feel the anger or panic caused by overwhelming stress, we must first calm our minds. The World Health Organization (WHO) shares a “5-4-3-2-1” technique, which encourages us to focus our attention on the present moment. First, slow your breathing and try to calm yourself, then ask yourself the following questions and answer them in your mind:
- What are five things you can see?
- What are four feelings you can sense?
- What are three sounds you can hear?
- What are two smells you can detect?
- What is one thing you can taste or touch in your environment?
- Expressing Negative Feelings:
Pressure amplifies our feelings of unease and can lead us to unwittingly criticize ourselves. Appropriately expressing negative feelings, whether by talking to family, friends, or partners, or sharing on social media, can help us realize that frustration and disappointment are just parts of our emotions. Negative feelings will eventually fade with time, and our lives will continue to move forward.
- Get Moving:
Everyone knows that exercise can relieve stress, but often we feel too lazy to get out and exercise. Research shows that just 20 minutes of aerobic exercise is enough to bring peace to the mind. Next time you feel stressed, try to get outside and move around.
- Take a Break:
People often underestimate the benefits of taking a break. During workdays, going out for lunch with friends or taking a short nap can be helpful. On weekends, try turning off social media and treating yourself to a massage. Appropriately distancing yourself from the market can give you space to breathe! Temporarily clearing your thoughts about investments can have unexpected benefits for yourself.
Conclusion
“The best investment you can make is in yourself.” – Warren Buffett
This is a famous quote from the Oracle of Omaha, emphasizing that investing in oneself is the best investment. When we are deeply engaged in the crypto market, let us not forget to reflect on why we invest: to improve our lives. Therefore, investing in ourselves is another way to make our lives more colorful. Periodically redirecting our focus back to ourselves is the only wealth we can fully control.
