In this market, what’s more stressful:
watching Bitcoin charts all day or placing a risky bet?
Maybe placing a risky bet is a little bit more stressful than following Bitcoin and cryptocurrencies charts daily.
In fact, both are quite stressful especially when the Bitcoin price move violently by $10k within hours. Otherwise when things are quite stable then placing a good amount of money in a risky bet is something that you could not wash from your mind until you see the result and even after it.
It depends
if you have 2 btc or more a 10k swing in price means you lose 20K
hey you had 2 btc at 109k
it is now 86k
you lost. 2 x 23k = 46k
that sucks and is stressful.
but 100 bucks on 1000x leverage you only lose the 100 so what .
of course if you swing really close to the 1000x payoff number and just miss it by a dollar or 2
that also sucks but you still only lose the 100 you bet.
I agree with you but my perception is a little bit different. In fact, I got stressed when the price fall a lot and people start screaming it is over, bla bla, crying everywhere...of course it affects me and it increases the stress but at the end there is an inside feeling that my money will be recovered and even increases.
At the opposite, I cannot recover a lost bet, whatever the amount is, so higher it is, higher is the stress.