When watching the asset numbers on the exchange fluctuate with the candlesticks, the pressure also quietly spreads to us, and the fear that comes with it - will the contract be liquidated? Will we miss this market opportunity? When emotions control our actions, nine times out of ten we will become cannon fodder. Therefore, this article provides a guide to reducing stress from three perspectives, so that pressure does not interfere with our decision-making, and we can become winners in the market.
Stable Mindset
When people face investment losses, they inevitably have unstable emotions. Only by facing them with a positive mindset can we truly stop the losses. But most players, when faced with losses, first want to quickly make back the money, so they place contract after contract, and a few days later, all the money is lost, and they regret it. Therefore, this part introduces two stable mindsets:
Accept the Uncertainty of the Market
Accept this failure. No one can fully predict the future trend, not even whales. We knew this was a high-risk place when we entered the crypto world, and it is precisely because we are willing to take high risks that we have the opportunity to quickly obtain high returns in the crypto market.
It is said that the world's first stock was issued by the Dutch East India Company in 1602. In that era, investors' funds were bet on the ships that sailed out one after another, experiencing real storms, and finally bringing back the results. Investors could not predict whether this voyage would succeed or fail, but it was this spirit of risk-taking that created great wealth for them.
Learn from Mistakes
Without experiencing the heavy blows of the market, it is impossible to truly grow into an excellent investor.
My success in the crypto market is largely due to the lessons I learned from those major losses.
-Famous crypto analyst Miles Deutscher
Learning from investment failures and understanding the mistakes in this operation can make this loss valuable. I recommend reading this article: Top 5 Crypto Investing Lessons I've Learned After Losing $1.7 Million. Miles Deutscher shares five unforgettable investment points he learned after personal losses, which is a good opportunity to review ourselves from the shoulders of giants.
Investment Strategy
The crypto market is both loved and hated for its high-risk, high-return gameplay, but if you have suffered a huge setback in the recent bear market with high leverage, take this opportunity to learn about a financial management method that allows us to lie flat: USDT-based finance. "Why not steadily earn 20% a year instead of PvP to the death?" We recommend reading this collaborative column series:
- 《The USDT-based Financial Management Strategy More Suitable for Lazy People is Here》
- 《The USDT-based Financial Management Strategy More Suitable for Lazy People Vol.2 is Here》
- 《The USDT-based Financial Management Strategy More Suitable for Lazy People Vol.3 is Here》
This series will be updated weekly, welcome to follow the latest USDT financial analysis.
After understanding the investment strategy in this part, allocate a portion of the assets to a stable investment portfolio. In addition to having a steady passive income, you don't have to be anxious all day long chasing the elusive coin prices.
Daily Actions
Stay Calm:
When we feel the pressure and the resulting anger or panic, we need to first calm our minds. The World Health Organization (WHO) shared a "5-4-3-2-1" technique, the essence of which is to hope that we first focus our attention on the things happening in front of us. First, slow down your breathing and try to calm down, then ask yourself the following questions and answer them in your mind:
- What are the five things you can see?
- What are the four feelings you can feel?
- What are the three sounds you can hear?
- What are the two scents you can smell?
- What is the one thing in your environment that you can taste or touch?
Expressing Negative Feelings:
Stress can amplify our feelings of unease and make us unconsciously critical of ourselves. Timely expression of negative feelings, whether by talking to family, friends, or partners, or by sharing on social media, can help us understand that sadness and disappointment are just part of the emotional spectrum. Negative feelings will eventually fade, and our lives will continue to move forward.
Get the Body Moving:
Everyone knows that exercise can help relieve stress, but we're often too lazy to go out and exercise. Research shows that 20 minutes of aerobic exercise is enough to bring calmness to the mind. Next time you're feeling stressed, try to get yourself out and move around.
Take a Break:
People often underestimate the benefits of taking a break. On workdays, go out for lunch with friends or take a nap. On holidays, try turning off social media and treat yourself to a massage. Stepping away from the market from time to time and giving yourself some breathing space can have unexpected benefits. Temporarily clearing your mind of investment-related thoughts can be good for you.
Conclusion
"The best investment you can make is in yourself." - Warren Buffett
This is a famous quote from the Oracle of Omaha, Warren Buffett. Investing in yourself is the best investment. When you're buying and selling in the crypto market, don't forget to look back and think about why you're investing - to improve your life. Investing in yourself is another way to make your life more vibrant and fulfilling. Focusing on yourself from time to time is the only wealth that you can fully control.
