Paypal Dives into Crypto

Paypal announced today, October 21st, 2020 that it will soon enable users to buy, sell, hold and use cryptocurrency. The news is not a surprise since rumors about this integration were already up in the air. What is a surprise is how soon Paypal decided to make it cryptocurrencies available to its 376 million active users worldwide, planning the release for early 2021.I created this video to celebrate the news and to hope for the best. I anticipate that this news will attract a lot of attention to the crypto market and a lot of discussion regarding regulations as well. Truly great to see how far Bitcoin, Litecoin, and other cryptocurrencies have gone. For me, this solidifies the fact that we are continuously heading towards mainstream adoption, despite the hiccups.Hope you enjoyed the quick video. Please share with someone that will enjoy the news as much as we do.All my best,
Michelle M.
www.mammycrypto.com
Online Crypto Swag Store
Lbry Channel English: @Mammycrypto
Lbry Canal Português: 

Understanding our emotions as the financial markets fluctuate. Crypto Currency & Stocks


Fluctuations in the financial markets cause a lot of emotions in investors who can put everything to waste if they act on impulse in the heat of the moment. Investing in stocks or crypto currency has a high risk, you need to study hard and prepare emotionally before you take action!

Emotional control in times of instability is key to maintaining your health and your money. Thinking about it, Mamãe
Crypto has prepared this article on the emotions that often accompany the variations of the financial market, so you prepare for them!

The Psychology of a Market Cycle

The Wall St. Cheat Sheet has released a chart, the 'Psychology of a Market Cycle', which shows the feelings that arise when the market fluctuates and the exact moment they appear in the life of the investor.


They are:

1 Disbelief

If time passes and the stock price is stable, you become disbelieving the value of your investment. The thoughts that accompany this emotion are negative, that it will not work, just as other previous investments did not.

2 Hope

After a while, just a small rise in prices that disbelief gives way to hope and you begin to believe that a recovery is possible!

3 Optimism

Time goes by and stock prices keep rising. At that moment, you are taken by a wave of optimism and believe you made the right choice!

4 Belief

As the rise in prices continues, you become more and more believing and begin to think that it is time to come with everything and bet all the chips in that investment!

5 Euphoria

The price of your actions now reaches its peak and the state of euphoria takes care of your whole being! You feel like a genius and you're sure to get rich!

6 Complacency

After every peak, comes the descent, which leads to falling prices. At that moment, after the euphoria, you feel complacent with the situation, with a feeling that you just need to breathe a little and prepare for the next step.

7 Anxiety

The fall in prices persists with time and anxiety appears. You start to wonder why this is happening.

8 Denial

The next step is to deny reality, thinking that the situation will reverse, after all, your investments are with big companies and they will recover.

9 Panic

The fall in prices continues at full throttle and now you despair! Everyone is selling their stock and you need to take action right away and get out of that bored!

10 Capitulation

You feel totally out of the market and cannot afford to lose more money.

11 Anger

As time goes by and the situation does not change, depression can take over. You despaired because you lost all your money, maybe your entire retirement. And now?

12 Back to Disbeleif

Now you go back to the beginning where it all began. The price starts to rise, things get better and you, while still disbelieving, are about to revive all the emotions along with future fluctuations in the financial market!

So be aware of this vicious cycle of emotions and try to keep your balance, knowing that there are good and bad times. Calmness is important to make the right decisions at the right times, because even if it's a high-risk market, it can be very lucrative!

What did you think of our article? Leave your comment and share your thoughts with the Mamãe Crypto community!

Editor / Psychologist: Adriana Prosdocimi


Comments

BACK TO HOMEPAGE

Popular Posts

Holiday Crypto Christmas Bitcoin Greeting Cards

Brave Rewards not working? Download the latest version and problem solved.

O que significa NFT? Non Fungible Token Português

Why so many people download but very few use Brave Browser daily?

Disclaimer

My opinions are simply my opinions and not investment advice. I strongly recommend everyone in the crypto realm to do their own research and get very educated about risks and security before acquiring, earning or investing. The content in this blog/ website is not investment advice. Please note that this web site also features sponsored content.

www.mammycrypto.com