Crypto is a popular market as it is 7 / 24 open and the earning opportunities are abundant. In the era of technology and information, the stock markets that are not active after a certain hour on weekends can not catch up with the demands of modern people.

As the crypto market has the potential of bringing prosperity to the lives of people faster than the others, it is quite fancy and attractive. Yet, the perfect plan of get - rich - quick does not work so often in the market. In many cases, the dreams fall into pieces in the very first market crash.

Once again, while we all are in altcoins and the expectation was a " small " altcoin season before a market correction, the whales hunted down all of us. The drop in the portfolios has reached up to 30% - 50% while some of the open leverage positions got liquidated. Dreams may need to wait!

It requires some search for adrenaline and money to enter crypto, however, it takes a big heart and strong psychology to stay in. Your resilience level determines how much money you can earn in this market. Even on the best day of the market, there is always a type of FUD in the background to force you to make mistakes in your investment decisions.

Focus on the Bigger Picture

There is a point that I do not agree with many crypto veterans that I know.

Crypto is a great place to make short - term gains and leave the risks of the market behind. However, the short term earnings can only bring you a quarter of your initial investment if you do not choose to experience the hars corrections in an uptrend.

So long as the uptrend is not invalidated, there is room to go in time. This does not mean that keep the coin in bull and bear forever. This is about the point where the market shifts from bull to bear or vice versa.

As long as the price of Bitcoin drops below $56K, it is bull season.

Still, we have very high interest rates and global risks in the world. Selling at the current levels does not make any sense. Even, I use my stablecoin fund to add more cheap coins.

This is my almost 7th year in crypto.

I've seen the bulls and bears more than 2 times. Depending on my previous experience, I clearly see that the real party has not begun for altcoins no matter how much money I've lost over the last 3 months.

If the market is red = I stay away from the screen or focus on some other tasks. Until the hyperbolic pumps happen, no need to stress out 😉 Enjoy your book and the sunny day, spend time with your beloved ones and make plans for the future. Also remember, red is. your friend, too!

What do you do to overcome the stress in red market days?

Share your experience below 👇