Post
Topic
Board Trading Discussion
Re: Why everybody is panicking ? Its a game of greed and fear !
by
Ziskinberg
on 08/12/2022, 21:30:01 UTC
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
You are just making yourselves very stressed as we can never change the direction of the market.
Panic and fear as been accumulated and it gives a terrible effect on the market prices and it turns it down badly. But we have seen these changes very common in a volatile and decentralized market. And I've found out that checking the market trend every day becomes unhealthy and sometimes it triggers uncertainties that is why I stay away from doing it just to give peace of mind.