
When in doubt zoom out- how easy is that?
@thelastdash
Posted 1d ago · 3 min read
They say it all the time on crypto, when in doubt, zoom out, but how easy is that when every single time you open up your portfolio you're looking at numbers that are all in the red. I mean, how are you supposed to "zoom out" of your portfolio when $200 worth of crypto is suddenly worth $2? That isn't something that you can simply "zoom out of" and forget, especially when it's your money and you care.
I didn't think that I would feel the way that I do about the market but the small fluctuations are messing with me a lot more than I expected. Sometimes I will literally open my portfolio just to glance at it, for maybe a couple seconds, and next thing you know, I'm staring at it for about 20 minutes trying to understand what I'm seeing while I'm telling myself that I shouldn't panic and sell everything.
Really it's a lot easier to just say that this is a part of the market cycle when you're not the one literally watching your money turn to nothing every time you take a glance at the numbers. When you're involved it's a whole lot different and it actually starts to feel a lot more personal. You begin questioning yourself, your decisions, your timing, even your knowledge of the market.
There are times when I sit back and I try to reassure myself that that's just how it is with crypto and that long term investors are going to win out but it's not really easy to convince yourself of that when everything is going the opposite way of where you want it to.
Sometimes I have to ask myself if people actually get used to this over time or if you just learn to cope with it better. Do you stop checking your portfolio constantly? Do you make rules for yourself so you do not act in the heat of the moment? Or do you somehow disassociate with it and let things run their course?
Because as it is now, this is more stressful than it ought to be.
What I have found myself is that the more I check, the more stressful it becomes and it feels as if I am somehow fuelling this anxiety unknowingly, although, not checking also seems to feel wrong, as though it is some major thing I am trying to ignore so the pattern of check, worry and then attempt to calm down all over again seems to never end.
Perhaps zooming out does not mean simply zoom out on the chart but zoom out on your thought process as well; taking yourself away not only from the price but the feeling with it and although, again, in hindsight I know that to be the best way to approach things, it is not easy to implement at the moment.
Perhaps, like all things, with practice and over time this may becomes easier. I do not know, but I do know that at the moment zooming out is easy to say, but living the zoomed out experience on the other hand is another matter.
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