As we all know, decentralization is one of the core features of cryptocurrency. Interestingly, in psychology, there is also a concept of decentering, which refers to the process by which individuals gradually realize that they are not the center of the world, but rather one of many existences.
In this process, individuals begin to learn to view problems from others' perspectives, understand and respect others' viewpoints, feelings, and needs, thereby cultivating more mature, objective, and inclusive psychological traits. They learn to separate themselves from their emotions, thus reducing emotional interference in decision-making.
Many investors tend to label themselves, such as 'I am a successful investor' or 'I am a failed investor.' This labeling mindset can lead to excessive emotional reactions when facing market fluctuations.
In simple terms, decentering refers to separating oneself from emotions. For example: 'The market fell today, and I feel anxious' is emotion-driven; 'The market fell today, this is the market's behavior, unrelated to my value' is cognition-driven. This cognitive approach can reduce anxiety and enhance decision-making ability, allowing you to respond to the market more rationally.
Additionally, it is worth mentioning the dichotomy of control proposed by the Stoic philosopher Epictetus, which divides things into controllable and uncontrollable. Market fluctuations are uncontrollable, but your understanding and decisions regarding the market are controllable. Many investors suffer because they perceive uncontrollable market fluctuations as their own failures, while true experts focus solely on what they can control.
Here are some specific application suggestions for you to consider:
Establish trading rules: Set clear profit-taking and stop-loss strategies to avoid emotional trading decisions.
Keep an emotion log: Record your emotional changes and decision-making basis while trading. This helps us better understand our emotional reactions and make adjustments in future trades.
Focus on long-term value: Concentrate on the long-term value of projects rather than short-term price fluctuations.
Accept market fluctuations: Recognize that market fluctuations are normal and do not view them as personal failures or successes.
Market fluctuations are a data game, not a test of your abilities. In trading, you can control only three things—what to buy, how to buy, and when to stop. Emotions are the tumors of cognition; data is the scalpel.
In the cryptocurrency market, we cannot control market emotions and short-term fluctuations, but we can control our trading strategies, risk management, and understanding of the market. Focusing on these controllable aspects can help us maintain inner peace and rational decision-making in the market.
#去自我中心化 #投资心得 #投资心态
