As I continue to think about the process of entering into the cryptocurrency space, I tend to think of the concept of attachment. We develop our ability to attach to others in childhood. Attachment to others is the foundation of our development of the self.
In terms of attachment we either develop healthy or unhealthy attachment patterns. If we have positive and healthy adults in our lives, we tend to have a better chance to develop healthy relationship and good emotional regulation. As we age, our attachment continue to be shaped by our experiences.
In some ways our attachment to money is determined by those around us and the lessons we are taught. Are we frivolous with our money, or are we well disciplined and mange money well, or are we overly rigid with our money. Emotions play a large roll in how we earn and ultimately spend and use our money.
Emotions in the cryptocurrency world is something that I am learning plays a big role in whether people are completely against it, whether they are early adopters, or whether they slowly enter the space such as the individual does as they enter a cold pool inch by inch.
Regulation of emotion helps us do well in any area of our lives. the better emotional regulation we have, the better we are able to make healthy , wise, sound and beneficial decisions.
If I am to invest in cryptocurrency manage emotions and understanding attachment will be a beneficial process.
This is all for now, I will continue to write about the process and experiences from a psychological perspective.