When investing in crypto, there is this hope of making profit, but what happens when you the crypto market is not going as planned? Lots of people left crypto because they felt crypto was unfair, how can you buy a coin, and immediately it gets bought by you, the crypto starts devaluing. We are still in the BRC-20 trend, I bought a low cap BRC-20 token, I felt I was quite early with the token as the token was just few days old, the BRC-20 hype is not yet at all time high not to talk of dying down so soon. I invested almost $50 in this BRC-20, unfortunately the value started tanking, it was sad to watch because, this is nothing I could control.
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Most times when we invest in crypto, we find ourselves constantly staring at the charts wishing our eyes could help influence the coin price. We automatically start wishing we had super powers enough to control the crypto market. In life, there are things we can control, and things we can’t control. But we always wish we can control everything about lives, this keeps us constantly stressed and affects our investment decisions. The moment you start recognising what you can control from what you can’t control. You can’t control the bull and the bear market, but you can control your risks. You can control how much you can invest, you can control how much profit or loss you can take.
You can’t control how people buy or sell their assets that influences the market, when we are in a bear market, its advisable to just focus on the things you can control, which is doing your research and making sure you strategise and position yourself on better opportunities. The moment you invest your money on some crypto project, you have two options, keep holding or exit, aside that, you can’t control the situation. The sooner you come to realisation about this fact, the more peaceful your mind will be.