One of the things that is easily affected when something bad or negative happens to us is our mental health. Majority of human activities and existence is built around our mental health. In lieu of that, our mental health deals with cognitive, affective and psychomotor domains. So in all activities we found ourselves we always try to protect our mental health, playing safe to the extent that our mental health isn't tampered with. It's when we engage in things that has to do with our financial situation which it turns out negative that our mental health is most like affected. That's when our way of reasoning will change,our knowledge will be affected which is cognitive domain. With that we get to be affected emotionally,that's when you see some people getting angry easily over minor or little issue. Finally,our psychomotor domain will also be affected,we tend to lose concentration on anything we wanted to do that requires physically.
"Bearish market" and "mental health"
Cryptocurrency, bearish market and mental health are seemingly interwoven in the sense that,investing in cryptocurrency deals with two things;bearish and bullish market. Truth be told, it's not possible to experience bullish market without experiencing the bearish market,while you can't have both at the same time in the same period expect on different crypto coins. Assuming someone who invested in a cryptocurrency coin with $200 and in the next couple of hours it drops down to $120,it's glaring that such person mental health is strong,such person will be affected mentality unless the person is an experienced person in the cryptocurrency Investment. Moreso, during bearish market, one mental health might be affected which result to depression or anxiety.
Some of the ways to protect your mental health are;
Through engagement in the sense that you ask questions from those who are experienced so that they will put your mind at rest.
Ignore the panick button;when cryptocurrency coin is going dip,going into bearish market. We should always be strong enough to ignore the panick button because what will be will be.
Make sure you invest what you can afford to lose. Don't invest all your life savings so that your day to day activities won't be affected. This is just a precaution one should heed to before investing in cryptocurrency.
