Post
Topic
Board Bitcoin Discussion
Re: The best way to handle your emotions in this crypto space
by
sana54210
on 08/03/2025, 09:18:42 UTC
Stop overthinking that profit can be acquired right after buying Bitcoin. Because the more we think about earnings, the more it drives our emotions. Instead, we do understand the nature of investing because that will tell us the truth about it. In fact, we are not gambling that we are going to see results after a few hours, but in investing, it takes months or years to generate income.

So, in order to control our emotions, we also have to control our minds. Instead of focusing our minds on Bitcoin, we better consider this investment as something not important.
So, easy to just ignore the price of bitcoin which allows us to not have emotions. I agree we should not expect a quick profit, which means we should not be really assuming that bitcoin will be get us rich overnight.

If we can realize that, then when you think "I will hold bitcoin for 30 years" suddenly what happens tomorrow doesn't really matter all that much, does it? Why would you care what happens tomorrow, if you have no intention of selling it tomorrow? Only the people who think about selling end up having emotions, if you are not selling then price movements do not matter to you. If you are buying bitcoin with intentions of selling quickly, then you are doing it wrong to begin with, hence emotions matter if you do it the right way.