Ever since i joined crypto, i am wondering how day traders who do this for a living survive the stress which comes with crypto. If i had vast amount of my and somebody else money on the stake every day like that, i would go crazy.
I am luck that right now i cant really go into minus, because i entered so early, but i can still remember early 2018 massacre, when i probably lost thousands of hair.
Well, most traders are already pro. Pro when it comes in trading, handling emotions, asset managements etc. so they are well prepared. And also, REAL traders are those who are not just simply jumping into something without proper analysis conducted such as TA and FA to at least avoid higher chances of losing money. So I believe pro traders won't get mentally affected by whatever will happen in the market.
For me, only those people who are not prepared on things are the ones who will get mentally affected by what is happening around them, whatever it is, crypto related or not.
We are actually the ones who put ourselves on a certain situation we aren't sure and that soon we can longer handle Which might lead to depression, mental illness, suicide attempts etc. So how can we avoid it?
Let's all try to equip ourselves with knowledge when it comes to crypto trading, and become emotionally strong. Because tbh, no one can help a you unless you help yourself.