Crypto Depression and The Causes

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Hey folks.

The crypto market is volatile in nature which can lead to alot of stress and anxiety for some of those invested in it. And in some cases, it can even lead to crypto depression.

A mental health condition that can be caused by the stress of investing in crypto. The symptoms of it can include anxiety, depression, difficulty sleeping, mood swings, loss of interest in activities etc.

Causes

The price fluctuations of the crypto can occur wildly which be very stressful for investors. So the volatility of the crypto market may also be among the causes.

Fear of Missing Out (FOMO) on potential profits can also lead to stress and anxiety.

When the prices of crypto changes constantly, it may be hard to feel in control of your investment. This feeling of being out of control may also be among the causes.

Prevention

In order to help prevent yourself from crypto depression there are a few things you can do which are:

Doing a good research before investing in a crypto project. You should understand the risks involved and invest only what you can afford to lose.

Don't expect yourself of getting rich quick by investing in crypto, you have to have some realistic expectations.

If you feel like the market prices are making you feel stressed or anxious, taking breaks from checking the prices may be helpful.

Talk to someone you trust about how you are feeling.

Its life. Ups and downs are part of life. Money may come and go, so it's important to concentrate on your mental and physical health as your health is something that you should be taking care of, other things are secondary.

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