EFFECT OF CRYPTO ON YOUR REALITY

in Tron Fan Club2 years ago

Greetings,

It's your friend @mondraye and here we will be talking about effect of crypto on your reality.


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Even though I try to question everything that rises to a respectable level and since I think everything is weakest at its peak, I got a strange sensation about cryptocurrencies at the start of the year. Because of this, we should always rely on the most obvious clues to preserve financial stability.

This implies that for some people, cryptocurrency finances every aspect of their lives, from their rent to their food and other bills.

These people should have sold their holdings as soon as the price rose, but instead they waited until the price reached a specific ATH before doing so. When this ATH was not reached, they began to accuse cryptocurrency of being a scam and a Ponzi scheme.

It is necessary to comprehend something. I understand that with the significant bull run we had in the latter part of last year, many people felt secure, but investing in cryptocurrencies is not a strategy to instantly quadruple your money.

Although I found these predictions that BTC will never hit $20,000 amusing, I think that many of the people who claim to be cryptocurrency gurus on Twitter and YouTube frequently have an unhealthy emotional attachment to the coin. Because of this, when their predictions turn out to be false, it may make them lose faith in the market.

It's true that having too many expectations could ultimately lead to our demise. Some are treating cryptocurrencies like magic, but they should be focusing on what is more important: comprehending and following the patterns. Crypto doesn't act as a fairy godmother or fulfill irrational wishes.


Crypto's effect on your reality


However, I'm not currently driving in this area. I want to talk about how my healthy vision, intellect, and reasoning have been affected by crypto. Even before the bear market actually started, I could smell it coming because the bull market we had in December seemed too amazing.

This was my cynicism taking over, but even though we haven't seen a single dip, I started to take the necessary preparations because I thought it was about time we see the bear again. To understand that the crypto cycle (bull & bear) will finally happen, we don't need to be everywhere.

The fact that so many people are unconcerned about the bear market is due to the fact that they are aware of how these things function, understand the cycle, and have grown accustomed to doing so.


Invest what you can afford to lose


Constantly observing people's anxiety wears you out. Due to the possibility of being incorrect, especially if individuals are attempting to create their perfect lives, people shouldn't try to make assumptions or forecasts based entirely on their feelings. Every person is both a master and a novice since they all have a blind side. Predictions cannot be verified or validated as a result.

In the past, I have suggested that people only devote time, effort, or money that they can afford to lose.


Understanding the value of experience


I make an effort to avoid considering any time or cash I've invested as a loss because I carry it with me everywhere. I make an effort to assess my progress by comparing my losses to my anticipated gains. If there is a potential that I might get higher, I don't mind going lower.

Steemit has broadened my learning curve because it has taught me the most important lessons and given me the most crypto experience to date.

Cryptocurrencies have a big psychological impact on us that is greater than our economic situation. We can develop perception by concentrating on these impacts.


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You have given a very nice idea about cryptocurrency. I got a very good idea about the current market after seeing your post. Good luck to you.

Thank you my friend.
You can share what you learnt with me.

Hello dearest friend
Thank you very much for giving such an informative post.
I enjoyed going through your post and I hope to read more of your interesting post.

#steem-on 💙

Thank you bro for responding nicely to my post. I really appreciate.

Highly agreed from your post, I appreciate the work you've put in!
One point you mentioned that "Unhealthy emotional attachment to a coin could make lose our faith in the market" I have experienced this like hell. I used to just run before a coin and made so any predictions and studied the coin, later when my most predictions went wrong and study I did felt waste to me, once made me feel this this market is crap BUT IT'S NOT, I WAS.

The market is not crap as we do think when we make losses. It's our emotions that is leading us into making unhealthy decisions while in the market.

Thank you for your appreciation. Your comment is well appreciated.

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