Vice argues that the stress and anxiety that goes with funneling your life savings into a volatile market is no joke. Ordinary people are taking a risk with their life savings rather than elite traders. A recent CNBC survey of 750 investors found that a third knew very little about what they were investing in. What happens to these people when they lose a lot of money? The investor community seems to be generating its own mental health crisis. People told me that they had nearly ruined their lives because of the investment. Finding a space to discuss these experiences is difficult, despite the stress shared by some investors. There is one reaction to downturns that is usually found across the internet: "Don't be an anxiety bitch, HODL." There is a joke about the stress and torment that comes with investing. The need to put on this brave face could be due to the fact that your anxiety has a direct impact on the markets, which are essentially a reflection of confidence. The more people invest, the higher the coins will go. People don't make money from acknowledging this and losing out if they do. HODL has become a joke in the space, but that is exactly what many investors are failing to do with their psychological wellbeing. You have to wonder how much damage will be done to the lives of its investors before it bounces back, as it often seems to do.
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