How To Combat Market Crash Anxiety
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 12 October 2022
⏱️ 5 minutes
🧾️ Download transcript
Summary
In today's video, Patrick Bet-David explains the best way to combat anxiety about a market crash.
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Transcript
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| 0:00.0 | Look, as an operator behind closed doors, I'm talking to a lot of different partners. |
| 0:03.0 | I'm talking to employees, the record boards, and I'm seeing a lot of fear in some people's eyes. |
| 0:06.9 | They're worried. They're concerned. Is this real? Some people are really afraid. |
| 0:10.8 | Market crash. That won't be low 30,000. Will it go below 28? Look, we're bitcoins that look, |
| 0:14.9 | what's going on with Russian Ukraine? Is there going to be a nuclear? What's going on with |
| 0:18.0 | Arminia Azerbaijan? Iran. This is a little scary. I get it, but at the same time, a climate like |
| 0:23.6 | this exposes leaders that panic and can handle these types of situations. But it also discovers |
| 0:29.6 | leaders who all of a sudden everybody says, oh, that guy makes me feel good. That guy seems |
| 0:35.5 | very reasonable. I'm going to follow this guy. It's going to discover those types of leaders, |
| 0:40.4 | and we'll talk about in this video. By the way, if you give value from this video, give it a |
| 0:43.6 | thumbs up and subscribe to the channel. So let's get right into it today. What things that people |
| 0:48.4 | don't see with our cameras on in meetings? People don't see when leaders panic. There's a lot of that |
| 0:53.2 | going on. Anxiety. You just feel anxious being around them. Negative. You feel negative being around |
| 0:59.4 | them. They just want to kind of stay positive. I just want to stay positive. I don't want to |
| 1:02.7 | look at numbers. I don't want to look at stuff. Just please, can we just stay positive? Can we just |
| 1:07.0 | stay positive? And they don't have the maturity to say, no, really, we're going through some of this |
| 1:10.9 | stuff. And this bleeds into other people on their teams fear all of that. And next thing, |
| 1:16.4 | you know, everybody's kind of panicking, panicking, panicking, and nothing good comes out of that |
| 1:21.1 | happening. Matter of fact, we were having a conversation this morning. I was doing a meeting with |
| 1:24.4 | Minek, which Minek, our app is blowing up. And we were having this conversation with the guys. |
| 1:29.1 | And I said, listen, in war, what happens if we're in war and one of your battle buddies panics? |
| 1:36.8 | And they're constantly panicking about making mistakes. You know what happens when a battle |
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