Our main problem is that when we invest in Bitcoin or other cryptocurrency coins, even though we say we are investing for long term, we see the market several times a day whether we are in profit or loss. And it makes us panic when the price of Bitcoin goes down by 10-20% and our investment amount comes down by 10-20% right after buying Bitcoin. Refraining from watching investment crypto prices frequently can be a good solution to reduce panic. And for this it is necessary to occupy oneself in some other work or in some other thing
if you are investing for a long time then you should not be bothered with whether the price is coming down or not, you will sell when ever the price recovers, i know their is no way your mind will not think about the money you are losing, and having a job will reduce the you concentration you give to the market the only time you should have business with market will be when the markets turns green because if you want to constantly be watching the market you will just get your self frustrated so it is better to leave it and keep your ears to the ground. its good we know whether we are in profit or loss. their is no way that you wont lose and not make money. and there no person that wont panic when the price fall below 10-20 percent. that's a very bad fall so when it happens we should just accept it, because when the market is down their is nothing you can do, just because you invested in bitcoin does not mean you will have to check the market everyday so that you don't give your self hypertension.