Losses in cryptocurrency are a reality that almost every trader or investor goes through. The main thing is not to let emotions ruin your life. Here are some approaches that help you 'not lose your mind':
The Psychological Side
1. Accept that this is part of the game. Crypto is a highly volatile market, and losses are not always a personal failure, but a normal risk.
2. Separate yourself from money. Money can be lost and earned again, but your health and mental well-being are more valuable.
3. Don't blame yourself endlessly. Mistakes are experience, and experience makes you stronger.
4. Limit the news flow. Constant charts and Twitter can only increase stress.
The Financial Side
5. Only invest what you can afford to lose. If this is already broken — learn for the future.
6. Record losses as lessons. Try keeping a trading journal: what you bought, why, what thoughts you had — this helps to 'derive benefit' from loss.
7. Diversify. Don't keep everything in one token or even in one area.
Life Balance
8. Take breaks. Sometimes the best step is to step away from the market for a while.
9. Physical activity. Sports, walking, yoga really help to clear your mind.
10. Communicate with people outside of crypto. To avoid fixating on losses.
💡 You can even try to flip your perception: right now you are paying not for the price of loss, but for the cost of learning, which may save you much more in the future.
