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Topic: Do you think HODL is bad for your health? - page 5. (Read 972 times)

full member
Activity: 1316
Merit: 126
I think people who are too stressed to hold long term should probably not invest in an asset this volatile. Bitcoin and cryptocurrencies are not for everyone. There are more conservative investments out there.
That's right, this field isn't for them. I'm thinking also that this people helping market to be more volatile. It is better to leave from crypto  and live the real form of investment, and beside we are not pushing them to be in here and getting crazy in holding their coins.
member
Activity: 331
Merit: 10
StartFi
If you made the decision that you'll hold then just don't search the information about the price when you're holding.
Check it twice a week to make sure that it don't go to deep. Being panic will kill your hold career and make some panic decisions. That's the way you lose your profits.
full member
Activity: 401
Merit: 104
This is quite a funny question, aaaand... yes, in a way I could say that hodl doesn't really benefit my health at all, unless I completely stop to think at the issue - which on the other side has other drawbacks.
member
Activity: 185
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

Sometimes  i find it more stressful.  Holding is not easy,  it can give you lots of stress when the market is down and the price can't go back right away.
member
Activity: 280
Merit: 12
You shouldn't stressed yourself when the market is down it is just normal, in the first place you already knew how crypto currencies works and its risk for invesments. I guess the best way for you to do is hold it for a little longer and don't always check the prices because if you're not going to hold it now and sell it directly I am sure that's bad for your health but keep on holding and always think the postive way.
hero member
Activity: 966
Merit: 507
I have been involved in high volatility business for almost ten years, since I started in the Forex business in 2010, but before that I was involved in many other investment models such as HYIPs. Therefore I have become a lover of uncertainty and volatility, although to be honest I have learned on the fly that this market is very unique and can not be compared to the experiences I have faced before, so for some time I understood that committing 100% to hold is not the most profitable decision, and that is why these days I use a certain percentage of my bitcoin holdings to trade daily.
newbie
Activity: 20
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

Personality has a big impact on how you deal with market volatility, and what portion of your total worth is invested in it.  5% vs 50% makes a pretty big difference.   
full member
Activity: 280
Merit: 101
OPEN GAMING PLATFORM
What cryptos are you currently holding? Because if you breed the top coins, I think you will not have to worry much because it is certain that by the end of 2018 Bitcoin rates with Ethereum will increase. You do not have to overthink because it will affect your health, causing stress. If you are hodl altcoins, then exchange to Bitcoin or ETH then hodl is the best way to reduce stress, anxiety.
newbie
Activity: 281
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

        Hold is not bad to our health it help us to earn much better and teach us to have enough patience. The stress that makes people a health problem is come from their mind, they got it on how they think for everything. If your goal is to hold then why you stress yourself and not think positive that after holding you will gain more profit that you are expecting. Holding is risky but you don't need to stress yourself, just do things that can carry your mind.
full member
Activity: 448
Merit: 100
HODL is the best  strategy now in such unpredictable market, and save  your money is better to your health
full member
Activity: 372
Merit: 100
CPLAY Network
not exactly the opposite, Hodl is great for health only set the time when the coin is sold, so our sleep more soundly and comfortable Cheesy Cheesy
jr. member
Activity: 255
Merit: 3
I don't think so. If anything it's unhealthy to be obsessing over the market everyday lol. HODL and keep carrying on
sr. member
Activity: 854
Merit: 281
I think people who are too stressed to hold long term should probably not invest in an asset this volatile. Bitcoin and cryptocurrencies are not for everyone. There are more conservative investments out there.
member
Activity: 266
Merit: 33
it depends on how you handle it, it may be a stress if the coin you're holding is stagnant, no ups and downs
you will be super stressed about it, but if you can restrain yourself to check thw prices from time to time you might not be stressed about it.
so my answer is definitely it depends about that person.
find way to make yourself not be stressed when HODLing a coin
hero member
Activity: 1098
Merit: 500
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
In order not to experience stress, you need to have additional passive sources of income and nerves of iron. If you can't stay calm, hold isn't for you.
member
Activity: 294
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

Actually when you HODL there is no connection of your health,because the only things will  make bad the health of the people is the way he handle himself despite of all situation of his trading or other kind of investment on digital currency system,he should not forget to take care of  herself ,by dividing his time in cryptocurrency,works and sports recreation in order to prevent  serious illness ,due to always monitoring your capital and investment.
full member
Activity: 311
Merit: 100
hold is actually not bad and it is very good to do because people like that who can get the maximum price for the coin owned then hold could be disturbing health but it depends on each person
full member
Activity: 406
Merit: 105
of course that HODL makes your health bad lol, you will check market every time and hope that the price will going up, it makes you nervous all the time, and want to sell it every the price is going down. but is normal, because all of us just like that, my advice is stay cool when you are HODL  Grin Grin Grin Grin

Agree, for beginners like me yes it will surely affects you health but as time goes by and people learned how to handle it, then they will feel that it is really normal and will teach them more.
hero member
Activity: 658
Merit: 500
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 you always worrying in all of things you’ll be in stress, not just the Bitcoin trend. Maybe all you have to do is to change your mindset and habits, from the beginning you should have realized the Bitcoin’s volatility and it will cause excessive thoughts and worries.
legendary
Activity: 1526
Merit: 1000
Also in forex trading it will make us become anxious and unable to think clearly, this causes us to do a lot of reckless actions and mistake in decision making and losing money. So it's better if you see the market conditions occasionally or even not at all, haha, just kidding. Just look at the news, no need to think the chart movement or it’s even better if you trading in altcoin or forex.
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