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Topic: Do you think HODL is bad for your health? - page 6. (Read 972 times)

full member
Activity: 378
Merit: 100
When Football meets Crypto
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

Yes, it was really hard to hold when the prices in the market is decreasing and you are really tempting to sell your coins, it will be only bad for your health if you are over thinking on it so just take it easily because the prices in the market will surely go back to normal after a few weeks or months.
full member
Activity: 202
Merit: 102
I do not think HODL does anything to your health is its not even related ..yes it is if you hodl somethinf in bitcoin and then bitcoin gets so low maybe one (1) person can be stress or devastated ..but I do not think it can affect your health since that we can recover from aby stress every time..or maybe it depends ok a person on how they can take care of themselves.
jr. member
Activity: 210
Merit: 1
If you do analysis first, perhaps you will know whether to HODL or not. Mostly to do here in cryptospace without analysis then surely will get stressful, this stressful surely will be bad for health. But if do something with analysis and also excellent risk management then it will not be stressful and the end the health will be maintained.
staff
Activity: 3206
Merit: 575
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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.
hero member
Activity: 1190
Merit: 525
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For me it's not stressful, I can focus myself on another questions, subjects, activities while holding. I don't have to hit a profit goal from Bitcoin holding in X  amount of time, it can take the necessary time without hurry. If we think too much that BTC price must increase fast to give us profit we lose part of our time that could be used for thinking about another questions. BTC price depends too many people to increase, it's out of our personal control, so just do you part and relax.
newbie
Activity: 85
Merit: 0
If you look at the charts last year, then this time is very difficult, but if hold from then until November, you have a terrible profit, I believe the market will rebound in April. I still decided to hold, because I did not have much time to sit on the balcony
newbie
Activity: 105
Merit: 0
If you have a heart attack or other illness, you may not be able to tolerate price fluctuations in Bitcoin. The best way is to ignore it and do some distractions so that it does not affect your price.
full member
Activity: 1232
Merit: 186
For me it's not, actually it benefits me a lot because I was able to preserve my savings and I might have a chance to earn bigger profits in the future.

Anyway, why it would be bad for your health? Well, maybe you are easy to become nervous and easily panic when you can't handle the situation any longer. If that's the case then crypto world does not suits for you because this world is lot of surprises either a good ones or bad ones. But here's my advice, stay calm always and avoid overthinking whenever btc's price drops because that causes so much stress.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
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 are a weakhanded and sentimental person i guess this will affect your health,but if your a tough and stronger person i dont see any reason why your the health will be concerning here..and if you think this affecting your life then stop Holding
member
Activity: 294
Merit: 13
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 better to do something in trading by analysis, is there any analysis carried out why you HODL? If there were an analysis, seems you can be better from stress.
member
Activity: 168
Merit: 10
Why would it affects your health bitcoin is just ah digit and you can only see it on screen you can't even touch it so i guess the things that make your health bad is the way you handle your daily life not on the tnx that are data's.
full member
Activity: 387
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

Lol,  sometimes i am thinking of that.  When the market are currently down,  i am not in a good mood and worry too much because of the possiblity to get some losses.
full member
Activity: 616
Merit: 100
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
newbie
Activity: 219
Merit: 0
If HODL will ubiquitous the this well affected by the on your health
member
Activity: 336
Merit: 12
I responded casually, not really thinking about falling markets and bitcoin prices getting worse.
honestly, this is very heart pumping. but I try to stay calm.
full member
Activity: 256
Merit: 105
I do not think so. Crypto currency, on the contrary, makes us more successful. Since in a short time you can improve your financial situation. There are jobs worse for health, and much less salary for such work. So that earnings on crypto-currencies are not bad yet
full member
Activity: 294
Merit: 100
I think any investment is a lot of stress. Especially if the bearish trend, because it is very difficult to fall asleep at night knowing that you are losing money.  Cry
full member
Activity: 280
Merit: 101
I think it's really a lot of stress.... for beginners:) If you have experience investing in crypto, I think you will follow your strategy and will not be very worried about their money.
member
Activity: 204
Merit: 11
It depends on what type of human you are. Im a hodler, which make like 75% loss the last past weeks. But for me its just money, so i dont care about. At the beginning i was really stressed when the dump starts. But now i just dont look at my blockfolio app. I think people who are looking all days at their charts from their coins can really make damage tou their health. So if your to stressed when your investing in cryptos, its maybe better when you stop and look for something different!
sr. member
Activity: 630
Merit: 250
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 really bad for beginners. price fluctuation and high expectation can cause high pressure psychologically. HODL needs some market situations knowledge and time limitation when you are willing to sell to gain a high profit of coins that you have invested. the longer you try to hold, the longer your mind stays on your coins.
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