Traders face a 2.1× higher suicide risk: how to avoid the worst
Financial losses can deeply affect traders' emotions and well-being. Trading doesn't just wreck your portfolio - it can break you.
In comparison, doctors have a 1.2× higher suicide risk, and policemen 1.3×, than the general population.
To protect yourself:
✅ Don't stare at charts 24/7 ✅ Remove PnL from your home screen ✅ Take breaks early, not at the bottom ✅ Walking, exercise, and sleep reduce tilt more than any "discipline" ✅ Remember: most people in the market lose - they just don't post about it
❤️🩹 Trading is more stressful than professions like medicine, where doctors often see a psychologist every six months. Traders may need even more frequent mental health support for stability.
Changpeng Zhao responded to the main FUD stories surrounding CZ and Binance in recent days:
✅ "CZ canceled the supercycle": CZ only expressed reduced confidence in the supercycle; he did not state its end - this is just speculation from Twitter users.
✅ "Binance sold $1 billion in BTC": Incorrect. It's Binance users, not the exchange, who sold BTC. Wallet balances fluctuate due to user withdrawals.
✅ "SAFU Fund isn't buying BTC": Binance plans to convert $1 billion in stablecoins into BTC for the SAFU Fund within 30 days. This amount is more symbolic than a significant market influence.