Topic: Do you think HODL is bad for your health? - page 7. (Read 972 times)
Hodle is the best therapy for a successful crypto life and the most healthiest in the cryptocurrencies world, but before you hodle you need to put some things in place one you need not to invest not too much that you can not beer to let go when the price go otherwise. And again to have a healthy holding life you need to look away from the price chart movement because in constantly checking the price chat you tend to get frustrated and may result to stress which can affect you plans.
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?
Well i was once a hodler i held my bitcoin for almost a year and i sold it with the price of 15k last december i profited 13k last year. I know that bitcoin were gonna correct this year and i am right bitcoin corrected now and currently struggling to get back on 10k. Ao, if you want to jold just hold on to your bitcoin and wait for the opportunity to bitcoin rise even more than it's all time high 20k. Do you think going HODL might be bad for the health?
If you continue the price every day you will certainly get nervous especially if the price goes contrary to your expectation
So if you decide to hold , then you should set a time limit and be preoccupied with something else.
So if you decide to hold , then you should set a time limit and be preoccupied with something else.
This is one of the funniest things that was said here. A user here (don't remember his name anymore) some time ago said that this is a game of patience, not for people with weak hearts. So if you're not strong and/or determined enough maybe you should keep your day job.
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?
It is hard and bad only for weak hands and only for short term while for others who will have knowledge about the future of bitcoin they will be there to hold without any issue and they will know that in the long term they will get the benefit and they know that when will be the good time while the weak hands will also get the benefit if they bear that stress for a long time bit at the end they will laugh on themselves. Do you think going HODL might be bad for the health?
Me when the gave an excellent advice, not follow their investment. I follow it a little, but it really is a very correct recommendation.
The best option is to buy bitcoin and other cryptocurrencies and forget about them. So you limit yourself from unnecessary nerves.
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?
Do you think going HODL might be bad for the health?
there are two things you may think about when you're going to HODL:
1. Stay positive, always think that after every dip, there's always a come back pump for the value of your token, you will not earn from panic selling. Just calm down and don't let negative vibes distract yourself from holding your tokens.
2. When you're on panic and stressed about the dip, You'll experience problems in sleeping and having reckless decision making resulting to more problems in your investments. If you feed yourself with negative thoughts, then this is where you'll be encountering huge problems.
Just keep your cool and always think positive
I don't think HOLD is directly related to health. As we all know, buying bitcoin for profit usually requires HOLD for a long time. This has already had psychological anticipation when we purchase. I don't think we should worry too much about the fluctuation of the market. We often care about the price of bitcoin. We should think of HOLD as a part of our life, which will reduce a lot of stress.
Is HODLing is bad for your health? Only if you check your wallet a couple of times a day during this current dip 
In any case, this is a useful undertaking, because the HODL is cooling the mind and making better decisions. Although how much HODL, sometimes you just need luck.
I think tradeing brings more stress. When I decided to hodl, I realize that you do not have to touch my tokens for example for a year. It calms down.
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?
Do you think going HODL might be bad for the health?
Nope. HODLING means your investing in the long run, not just short time. However, you can feel the price swings and by that you can also lose your investment. Hodling is good for the health though.
Perspective of people regarding HODL varies on the individual who invests in any kind of investment. For crypto currencies, before investing in it, one should know and understand that the high volatility could cause stress and changes in behavior. Management of your investment should not be taken lightly but diligently. It is not the kind of investment where you invest, wait, and earn while you sleep.
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?
Do you think going HODL might be bad for the health?
No, I think it's not bad for health, if you invest wisely, you do not have to worry about this bearish market at all. If your goal of investing is long-term, I think you just buy some coins, you forget them for a year and you do not worry at all.
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?
Do you think going HODL might be bad for the health?
No! its not! its more stressful if your always checking the market all the time and you are afraid whether your coin value will goes down. Holding is the best way to release or ease the stress cause by dip. Your wrong in undestanding the word of holding in crypto currency
Well, if you respect the main rule about investment, in my opinion, which is to only invest money you can afford to lose: there is nothing to worry about your health.
I think for most people that are heavily engaged with crypto it can be stressful. Especially for people also working in the space, but this is natural with all investments. Its just with crypto the volatility is so much more extreme it can be hard at times.
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?
Do you think going HODL might be bad for the health?
I think that's a natural thing, the fall of bitcoin prices makes many people panic, and afraid of losing bitcoin if it does not sell it. Think positive, bitcoin will not die that easily, falling prices are normal because bitcoin prices are unstable. I think it's better to hold when the price falls, because bitcoin can increase again, and if you sell bitcoin at a low price, in the future you will regret it when bitcoin prices soar.
Well, if you respect the main rule about investment, in my opinion, which is to only invest money you can afford to lose: there is nothing to worry about your health.
In my opinion,hodl is much less stressful than day trading. I do not care about the price because I have no intention of selling. A lot of pressure is caused by daily trading, which can actually be bad for health.
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