A guide for people with anxiety problems investing in Crypto

I’m bipolar and have anxiety problems and I have been in Crypto since 2019. Last week my anxiety was so strong that I sold all my portfolio. Don’t be me. This is what I have learned so far. I hope that this guide can help you to HOLD.

1) Don’t over invest

This guide could have only this topic. Put the money you can forget. It’s not the money you can lose. It’s money you can even remember it’s there. If you are worried about the sum it’s because you have too much in crypto.

2) Don’t buy everything at once

Divide your purchase at small amounts. Make it monthly, weekly. Doing this will make volatility more easy.

3) Check the charts

This maybe seem strange but it’s better to look at the charts twice a day than spend the whole day wondering how much BTC is now.

4) Don’t buy Alts

Take a look at the top ten Alts now. Take a look of how much they cost 3 years ago. Yeah, most of them are 1/3 of the value. You know that this fancy alt can’t be here in ten years. On the other hand no one, I repeat, no one that holds BTC for at least 4 years is losing money.

This feeling that your alt can dump will make you anxious and spoil your BTC strategy.

Also you will enter in that discovery mode and I’ll search for the next 10x alt all day because of your hiperfocus.

5) Make a plan and stick to it

Make a simple plan. I’ll buy 100 a week. I’ll sell 10% at 70k; 10% at 80k and so on. If you need to think a lot you will only think about it. You know how your mind works.

6) Don’t expect too much for Crypto

BTC probably wont make a 10x in the next year. Also won’t make you rich in 3 years. Accept crypto as part of your investment and not a solution for your financial problems.

7) Consider buying ETF

When you leave BTC at an exchange you will think about it because the exchange can be hacked, freeze your funds is just close their door due to bankruptcy . If you buy a wallet you will be worried about your seed, software fails and on and on. ETF will make you think less about it.

Good journey!