“Every morning the first thing I do is check the market, and the last thing I do before bed is check the market. I feel like I'm going to be depressed.” This reflects the true state of many retail investors in a bear market. I have seen some people unable to sleep all night because Bitcoin dropped by 5%, and others unable to eat or think because altcoins went to zero. Many people cannot endure the bear market, not because their funds can't hold up, but because they are crushed by emotional internal consumption. Emotional internal consumption is the most deadly invisible killer in a bear market.
From a psychological perspective, the continuous decline in a bear market triggers the psychology of 'loss aversion', causing investors to make irrational decisions: either panic-selling at the bottom or blindly trying to catch the falling knife in anxiety. Glassnode data shows that the Market Sentiment Index (MVI) dropped to its lowest level since the 2022 bear market in November 2025, at only 20, with over 80% of investors turning bearish, creating a vicious cycle of 'negative news - panic selling - price decline'. This emotional transmission continuously amplifies panic, making it unbearable for more people to exit the market.
My personal experience: During the bear market in 2022, I was checking the market every day, which only made me more anxious. In the end, I simply uninstalled the market software and only looked at the data once a week. Instead, my mindset became calmer, and I was able to make rational decisions. Here’s a practical suggestion for everyone: Set a 'market viewing time' for yourself during the bear market, no more than 30 minutes a day, and focus on work, study, or spending time with family for the rest of the time. Only when your emotions stabilize can you endure until the bull market.
Investing in the cryptocurrency space is a marathon, not a sprint. The emotional drain during a bear market is like tying a sandbag to a marathon runner, which will only make you give up prematurely. If you are currently troubled by emotional drain, follow me @币圈罗盘 , and the next article will share the 'Bear Market Emotional Management Guide' to help you get rid of anxiety and live 'easily'. Remember, those who can endure until the end are the ones with a stable mindset. $BTC $ETH #比特币与黄金战争
