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Topic: Do you think HODL is bad for your health? - page 11. (Read 972 times)

hero member
Activity: 1134
Merit: 502
Unless you invested all your money in Bitcoin and you doesnt have any alternate investment then yes, it will be bad for your health especially if the price is below the price when you invested your money. You will get stressed thinking what to do if you are going to sell it in a loss just to return some of your investment or wait until it recovers even if you are seeing the price going down continously. As for me i do have lots of investment in different ICO/TOKENS so i just let my Bitcoin sits in my wallet because i have my target selling price.
hero member
Activity: 896
Merit: 520
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley
Why if you cash out some funds which can be useful to manage the few months of your personal commitment and other works. If you do this hodling will not be hard to do it buddy. Please hodl the fund for long time. This will help you better than you do on bank savings.
Please read the hodling strategy article available in online and follow it carefully. You can understand all then.
member
Activity: 532
Merit: 18
Bitcoin lover!
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley
It is bad for health to keep different coins or not, depends on the emotional state and character of the person. Not everyone reacts equally to the same news about the price of the crypto currency. It's just necessary not to focus only on the crypto currency, but to do something else and get distracted from these problems. Then for health it will be more useful.
full member
Activity: 210
Merit: 100
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley

And why would that be? Maybe because of too much stress or anxiety you are experiencing, which should not be happening in the first place. My best guess here is, you were holding too much that's why you focused your attention to the news. May i remind you that you prefer to be a holder and not a trader. Better try to forget all about your investments in the meantime. Do not pay too much attention to any news of what was happening in the market. Be patient and relax. In the long run you will see that you've made the best decision in hodling.
member
Activity: 154
Merit: 10
it's usually bad to hold and it's often not good when you hold it because we can not tell if the token value increases if for example you have a token of a project or campaign you have joined with if you are not sure of the token you have to It is nice to read their white paper or roadmap to see and learn their purpose or want to be in the project. First check the trend of a project before to hold the token to prevent regreting.
hero member
Activity: 826
Merit: 501
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley
Right investing in bitcoin is a big risk and if a holder will panic when price drops this might cause to stress or even worst.Bitcoin is very volatile,we already know it in the first place and we must be open for any possiblities would happen in just a blink of an eye..that is why investors need to have a strong personality to hold their invested coins.Through holding it doesn't mean an investor would profit,looking through advantages and disadvantages of bitcoin.Market will rise and fall due to demand,and if an investor would monitor the votality most especially when huge corrections would be happening i can't see that this will brought something good to our health.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley

HODL can might bad for your health if  you have always keep it mind or  always monitored all your asset,in a wrong  way like  not sleeping in the right time ,you have a history of heart  failure,always irratiated when you found out  that the exchange market all turn to red,and dump,so maybe that the sign that may causing bad for your health,but if you just HODL  and you stay calm,all the situation in a proper place,and everything happen you still believe that you asset in profitable,so theres nothing to worry about that.
legendary
Activity: 1904
Merit: 1074
It is good for my constitution, because every time the price takes a huge dump, I shit my pants.  Grin

No, seriously.. I think it is bad for your health, because you are stressed out and you get less sleep when you lay worrying

about the price. I disciplined myself now, only looking at the price, 3 times a day.  Grin Grin Grin

Long-term investors say they are not worried, but I can tell you....they do, every time the price takes a 50% nose dive.  Roll Eyes
jr. member
Activity: 294
Merit: 1
you think its bad but when its high its good  Roll Eyes
legendary
Activity: 1484
Merit: 1004
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley
Obviously that's bad for your health, not for my health. Lol
This is one of the tensions we can feel, and it will be a joy when bitcoin has passed through its period of downfall.
By the time I hold it, I always forget the bitcoin. And I consider it money that I forgot, maybe you never thought to do it but this is one way that you do not experience stress because of the graph.
member
Activity: 294
Merit: 17
It depends on how much you are holding right now and how much you are losing because of sudden downfall of price. It is stressful indeed because you are thinking too deep about a decision whether you should actually HODL or not anymore. We just need to accept what will happen next and move on.
hero member
Activity: 686
Merit: 521
In a way it could affect ones health if they have invested a colossal sum of money and they happen to have got a loan to finance this investment it could bring about stress and for others even turn into hypertension which is something I wouldn't want to have.
sr. member
Activity: 635
Merit: 251
If it influences you too much and gives you too much stress than I do think it can be bad for your health.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
There is no perfect solution, there is no ideal way you could follow. Do you want to know what you can do achieve peace forever?
Sell everything - then you'll never have to worry about your worldly possessions again because you won't have any.
Otherwise, you will always worry about something - trading is stressful, holding can be problematic too when there is no clear what tomorrow will bring...
member
Activity: 420
Merit: 24
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley

HODL isn't bad for your health. If you see your investment as long term accompanied with faith in bitcoin's technology then you'll be at peace and confident on your investments.
That's why it's best to invest an amount that you can afford to lose so you won't  be stressed out since bitcoin's value is very volatile and no one can predict it's value in the future. It's value depends on the acceptance of the people with the technology for it to be more valuable and become the best store of value.
newbie
Activity: 75
Merit: 0
health is wealth. HODL makes you relax and think of other business activities to engage in . Investment takes time to grow. HODL remove tensions ,anxiety, high blood pressure from you. hence HODL is not bad for your health.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley
No this is for past time only for me because we don't have assurance here so you kill only yourself by over thinking here and all here are give so much conveniece like in investing so there's no need to get stress then always think also the all possibility that can happen here,Better to do is always hold until it gone or if the price go high then prepare yourself
member
Activity: 448
Merit: 10
I think yes haha if you are a person who plays trading take a short profit. when the price goes down you will definitely be under pressure and will do the panic sell. it's normal that everyone has their own way of playing
copper member
Activity: 882
Merit: 110
It's up to you if you'll stress yourself with just a swing from bitcoin's price. In my first few months in cryptocurrency, i tend to take a look at the market too often. And I realized that it's affecting my mood. So I took a stop on looking on my portfolio and the market. Now, I have nothing to worry about. Besides I have a life to focus more into than to stare on those bars and lines.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
people often misunderstand HOLD!
holding is not just buying blindly and keeping it for ages. you buy, in this case bitcoin, because you believe that it has a good future. for example if you believe that bitcoin can continue on this adoption rate and have a much bigger price in a couple of years because of the limited supply and growing demand, then you buy and hold it.
it is also the strategy that you choose when you don't want to be a trader, don't like using risky exchanges that can run away at any moment,....
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