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Topic: Do you think HODL is bad for your health? - page 2. (Read 972 times)

sr. member
Activity: 1246
Merit: 285
I think if hodl without the knowledge of cryptos is no different than gambling, and you will always be in a state of anxiety and stress. If you know the potential of the cryptos as well as the project, you just need to invest and hold then forget about it, no need to worry about it, after a period of 3 to 6 months, you will be profitable.
So, having a basic knowledge of cryptocurrency is very important. So an understanding of market analysis is needed to survive in trading cryptocurrency. If not, it means just relying on luck, can be equated with gambling.
member
Activity: 336
Merit: 10
we know if you hold bitcoin and any currency .you thinking about this currency.when it will be pump.and when it will be dump?so i think it is really bad for your health.but i believe for earn money must be continue  hard working.so regular buy sell it better.
member
Activity: 308
Merit: 10
HODL is the best strategy if you believe in the long-term term prospects of cryptocurrencies. Being a trader in this manipulated and volatile market is not easy.
Of course, you should invest a sum that you are willing to lose (it can be 5% or 80% of your net worth, it really depends on the person and the situation)

Then yes it can be stressful even if you are not overinvested, it's the price to pay to be early adopters of a potentially disruptive technology  Smiley
newbie
Activity: 219
Merit: 0
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
We have already bought the price are too high while the price of the altcoin is falling. So we need to hold until we get the capital. It is very tiring but we need to wait

right . Every day I was up to see the price of bitcoin and I was bored when my money was losing gradually. But I will try to be able to overcome this storm because I believe the bitcoin will be restored.
member
Activity: 176
Merit: 10
Blockchain Just Entered The Real World
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
We have already bought the price are too high while the price of the altcoin is falling. So we need to hold until we get the capital. It is very tiring but we need to wait
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
I think if hodl without the knowledge of cryptos is no different than gambling, and you will always be in a state of anxiety and stress. If you know the potential of the cryptos as well as the project, you just need to invest and hold then forget about it, no need to worry about it, after a period of 3 to 6 months, you will be profitable.
newbie
Activity: 126
Merit: 0
I agree with you . I was very tired every day the market to see the price of the altcoin that I bought, and very sad when prices are not rising.
newbie
Activity: 112
Merit: 0
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
With the current situation, hold is not a safe way. We should exchange the altcoin regularly to earn more profit than
newbie
Activity: 112
Merit: 0
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
Agree with your thought, if all the people hold, that's bad for the crypto market.
member
Activity: 378
Merit: 10
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

If certain things feels you stress and might end up bad for your health you might as well reduce your investments and lighten the risk. Life is short. Bitcoin is here to make our finances better. Then let it be that way.
jr. member
Activity: 135
Merit: 1
I assume you meant "market" with the word "marketing". Am I right? If not, then I'm sorry I didn't get your post. What do you mean by "marketing bearish"? It's the market that went down, marketing is totally a different thing. And about the health, the answer is yes, if it gives you trouble in your mind or in your brain then it's bad for your health.
hero member
Activity: 1218
Merit: 557
the condition of the market is hot right now, and in the meantime has made my brain additionally wind up hot. there are some altcoins regardless I hold, in light of the fact that the cost is falling alongside the bitcoin price,and the cost is extremely falling contrasted with when I got it. to evade a drawn out frenzy, I put an offer request at the correct cost, and after that I cleared out the market for a minute. I do this to maintain a strategic distance from the worry of over-checking the present unpredictable market.


It is really going through some ups and down and this is creating some noise in the market as it is hovering in range of 7k. March is ending and April about to begin. Will we see the price recover starting from this April and make all of us smile back again?
newbie
Activity: 36
Merit: 0
It depends on your own situation regarding investments. It is very easy to start crypto with for example airdrops, where you don't need to make financial commitment. In general one should not invest more than what they are ready to loose.

Crypto will gain bigger and bigger footstep all the time. So it is not only bitcoin. So it might be wise to consider other cryptos too.

There are many interesting altcoins on the market with high potential for growing due to solid businesses the coin in based on.

People who want to change the world and see good things happening will invest in them because they want to be part in these revolutionary businesses.

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full member
Activity: 336
Merit: 121
the condition of the market is hot right now, and in the meantime has made my brain additionally wind up hot. there are some altcoins regardless I hold, in light of the fact that the cost is falling alongside the bitcoin price,and the cost is extremely falling contrasted with when I got it. to evade a drawn out frenzy, I put an offer request at the correct cost, and after that I cleared out the market for a minute. I do this to maintain a strategic distance from the worry of over-checking the present unpredictable market.
full member
Activity: 566
Merit: 102
It can be emotionally straining sometimes and pretty tiring but that goes with life in general doesnt it
If you have some other permanent job or some other work to do and that you have bought some bitcoins, then the best thing which can help you in making of a large amount of money from the money which you have invested in bitcoin is none other than that of holding of your bitcoins because it will help you in making of more money as well as you don’t need to do lot of hard work as well. You just need to be patient.
member
Activity: 336
Merit: 10
W12 – Blockchain protocol
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
Don't think too much in a negatively manner as this will create stress. Forget about your investments and do not check it regularly.
member
Activity: 532
Merit: 17
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 think you shouldn't take it personally about the falling of bitcoin unless you have a large amount of it.
The falling of bitcoin and crypto price is a common thing in the market because cryptocurrency are volatile.
sr. member
Activity: 479
Merit: 250
https://streamies.io/
I know that you will be very stressful when holding but you cant have any choices if you are not good at trading skills. besides, you must train yourself with that because it is a normal feeling in this market. Do not check price frequently.
member
Activity: 315
Merit: 10
It might be stressful to be holding bitcoin and altcoins in your crypto-currencies wallet during a bearish market, but I don't think it is stressful enough to affect your health unless the person did took out a huge loan with the banks to invest into crypto-currencies and it caused him to get into huge debts with the banks.
newbie
Activity: 84
Merit: 0
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.
I agree with you mate. Always checking the market value of bitcoin while hodling is a stressful activity especially you're always expecting it to rise. It may affect also your health in that case. For me, its better to have more patience in waiting and never expect more money to come in return from your investment. Its a kind of mindset that will keep you feel better.
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