Mental health and cryptocurrency: Does volatility affect the well being of an investor
In the world of cryptocurrency, cryptocurrency is well known for its volatility that is the upward and downward of prices and through the upward and downward trend one could make a massive gain and likewise one can incur losses. And those bullish and bearish trend in the market is part of the cryptocurrency world.
source
The mental health of human is very important aspect of human life and the characteristics of cryptocurrency which is the volatility could pose a threat to the mental health of an investor. It could bring despair or loss of hope and even hurt our emotions due to the volatility of cryptocurrency.
This shows during the period when the stable coin depegged from the pegged value , fear crept in, in the mind of investors and even during the period of LUNA when the price went down making investors to lose a lot of money and their investment wipe out in front of their eyeleaving them with nothing. All this could have really affect the mental health of an investor.
Thanks for checking out my blog.
Posted Using LeoFinance Beta
View or trade
BEER
.Hey @femcy-willcy, here is a little bit of
BEER
from @pixresteemer for you. Enjoy it!Did you know that you can use BEER at dCity game to **buy dCity NFT cards** to rule the world.