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Topic: Do you think HODL is bad for your health? - page 12. (Read 972 times)

legendary
Activity: 3038
Merit: 1169
I liked hodling more than dumping it in my fiat I am more into Hodling, Well I think it will base on the mood of a person and everyone of us here have a different perspective, emotions, and personality, That is why it is up to that persons persona with the kind of thing he done with his Cryptocurrency, And in my situation I feel stress out more if my money is on fiat than hodling it more on any Coins that I have.
sr. member
Activity: 1428
Merit: 250
If you keep your patience then you can hold your bitcoin. if you can't keeping your patience then holding is not for you! absolutely streess is bad for health.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Read about the strains that those who attempt to time the market go through and it's clear that holding makes for a more peaceful life.

This is exactly what I was saying in a post a week ago:

I've quit totally trading since 6 months ago, haven't put up one single trade apart from selling a few mbits for cash for expenses and it was probably the best thing  I've ever done.
I can look at the red charts and say...yeah...not nice, without actually giving a damn.
HODLing is the best.

Price is 9600, 8790 , 9531, 8732,11441....don't give a....
I'm past the age when I could have enough spare time to actually trade.
When the family and job take most of your time, you can't really trade and it's going to become a serious stress factor.
You will always leave in FOMO and end up with sleepless nights.

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

I don't think heath is the main issue here mate. First and foremost we hope to have a great amount of profit as we believe on our hodl shares that we have. Same as what I did I just keep believing that someday my coins will definitely increase soon as I still hodl it as much as possible. Regarding on the health issue well, it depends on the resistance of each users since this kind of job that involves money we need to be physically fit and aware the possible negative outcome.

You're wrong, health is the main issue in everything!
When you're going to be so happy you've made 100k and next day the doctor tells you some bad news you're going to ask yourself what was the purpose of doing it all.





legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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

Is it because you are in a loss? Losing money is always hard to bear...

Hodling is easier when you are still sitting on a profit - you just turn off the apps and don't look at the price and get on with life.
member
Activity: 313
Merit: 11
for the people who just holding because of bearish market and they loss if they sell it thats a lot of stress and pressure for them but for people who intended to hold a coin for long term is stress free because they dont care if the value of coin is down they just patiently sticking of their plan.
newbie
Activity: 34
Merit: 0
I have accepted how this all works and where it is going. I invested maybe more than I should, but I don't have a problem with that.
Some of my investments were really down and now they are fine. The conclusion I didn't sell any of it.
member
Activity: 224
Merit: 10
HHHH, this is an interesting idea, and it's true that most of the time, if you keep looking at the K diagram, you're going to be anxious.
Try to forget to buy an encrypted currency and hold it for a long time, then the whole market will return a good return. Grin
newbie
Activity: 25
Merit: 0
It can be bad if you didn't do some research and weren't prepared for those situations. Good investors knows that possibility and they fully understand the risks in markets.
They do things that can compensate loses if it happens.

When you don't fully know what are you doing it can give you detrimental effects. Unless you effortly try to change your thought and expand your knowledge you can't away from those kind of stresses.
Our mind needs a sense of security and that can only be gain through the vast experience and abundant knowledge into something.

In this link I searched show how bearish market affects us. It also gives reminders about the most known crashes is markets and signs when markets are going to crash.
https://www.investitin.com/crypto-bear-market/
full member
Activity: 224
Merit: 101
the key point of holders is patience.
Not getting stressed over market fluctuation is what you need, you need to check the value every week or even every month or two.
Get some BTC and forget about it, always keeping in mind to invest what you can afford to lose and you are good to go.
Checking the market value couple of times per day is very stressing and useless unless you are a daily trader.
full member
Activity: 229
Merit: 100
If you feel that you are not comfortable with the price fluctuation of BTC every day, it is best to keep your mind on the task and forget to hold the BTC.
For example, we often joke with our friends, go to prison for a few years, then look at the price, or value is zero, or worth several hundred million.
Ha ha
member
Activity: 359
Merit: 15
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

stress i one of the risk of bitcoin. Accept the fact that you will go old faster while watching the analytics and the value keeps falling.  Grin
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Read about the strains that those who attempt to time the market go through and it's clear that holding makes for a more peaceful life.

I've lost count of the whining fom people who've sold up and fret about when and how to get back in. And many of them do it when BTC is on a tear and finish up with less coins when they cave.

If it gives sleepless nights then you've put too much money in. Reduce it or look to the future with a steely glare.

member
Activity: 286
Merit: 23
GuerrillaBuzz: Top Web3 PR & Marketing Agency
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
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