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Kras1k.base.eth🥀🔵 🎩
@kras1k
Guys, many people are feeling bad right now. It's okay if you're feeling down in the current situation. Most likely, you're just mentally healthy. I can see from the chats that even the seasoned veterans who've made their fortunes in the market are either panicking or just in a state of maximum negativity. If you've only been in the market for a few years, I genuinely sympathize—this is psychological hell. Honestly, over the years, I haven't found any surefire way to completely stop worrying during moments like these. With time, the feelings dull, much like with spicy food, so I no longer experience physiological reactions (psychosomatic symptoms) or impulsive moves to compensate for losses. But I used to have all of that, and I definitely know the mistakes you shouldn't make because I've been through them. Let's talk about them:
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Kras1k.base.eth🥀🔵 🎩 pfp
Kras1k.base.eth🥀🔵 🎩
@kras1k
Don't try to compensate for losses in the moment. Given your current mental state and the state of the market, it's akin to gambling. Yes, you might get lucky once, but that's even worse—it reinforces bad behavior, and next time you'll lose even more. Don't touch futures. If the thought of them only occurred to you now, then this is a specific case of point 1—your ideas are driven purely by psychological motives. The market won't spare you. Don't catch falling knives or go against the trend. This is also a specific case of point 1, as well as the illusion that you understand when "the market will bounce back," "the market is wrong," "this is the bottom," etc. First, you don't understand the market—no one does. Second, the market can stay irrational longer than your wallet can stay solvent. In general, trading against the trend means arguing with the market, which is an unprofitable strategy.
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