62: How to Deal with a Red Market?

This week in crypto was a sea of red. This is an episode that dives into our own personal stories of loss. Over the years we've learned various strategies with how to deal with, and conceptualize loss. It doesn't become any easier, but we do learn how to prevent it from happening again in the future.

 

Mentioned in the show:

the Psychology of Money - https://www.amazon.ca/Psychology-Money-Timeless-lessons-happiness/dp/0857197681

Email us at ready@gofullcrypto.com

 

(00:00) - Introduction

(01:23) - Diamond Hands, and the recent crypto dip

(08:01) - Beware of people who try to predict the market

(10:58) - Dealing with losses, and HODLing

(19:19) - Why did Keegan decide to HODL Bitcoin?

(25:47) - Ways to deal with the stress of loss

(34:31) - Closing Thoughts

 

Edited and Mixed by Kaushik Sethunath.

Visit the Go Full Crypto website at: https://www.gofullcrypto.com