Why does holding cash feel so uncomfortable?
If you've ever played crypto, you might have felt the 'outside' syndrome — the strange feeling when everyone else is celebrating big profits but you're just sitting there holding cash, watching everything pass by.
Why does standing outside feel so uncomfortable?
Watching others get rich while you just stand by: It's like being left out of the game, your friends are playing soccer, and you just want to join in. Having a few coins in hand, even if there are risks, feels better than having nothing at all.
FOMO hits hard: When prices start to rise, your brain screams 'Buy now!' but your hands are tied or you're hesitating. Sitting outside feels painful, but jumping in can also be scary, the cruel loop of a trader.
Holding coins means hope, holding cash means just watching: If you buy high and the price drops, at least you can wait for a recovery or cut your losses. But holding cash while prices skyrocket? The pain of regret runs deep.
Is there anything positive about standing outside?
Avoid chasing crazy prices: Sometimes sitting outside helps you avoid buying at the top and losing money.
More time to think and research: Not chasing every pump means you can prepare better for the next opportunity.
But standing outside too long can...
Makes you feel like you've missed the boat
Gives you dreams of coins flying to the moon while you're stuck outside.
Turns you into a news junkie, constantly refreshing charts and feeling uneasy.
How to 'cure' the outside syndrome?
Remind yourself about entry points: You don't have to jump in every time; patience is key.
Start small and safe: Allocate a small amount of 'play money' so you're not afraid to lose.
Focus on learning: The more you understand a project, the less panic buying you'll do.
Take a break from crypto: Go for a walk, exercise, read a book, keep your mind relaxed.
Conclusion
The 'outside' syndrome is completely normal; it just means you still have the 'hunger' and care about the market. But don't let it stress you out. Crypto is a long game, with ups and downs. The key is to enjoy the journey and not give up halfway.
