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Topic: I don't care about the price now. Nobody knows how much my portfolio is worth (Read 1084 times)

legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
You are very brave to hold, unfortunately due to dire economic circumstances because I lost 99% of the value of my portfolio since January because I was holding, I need to fold now 505 of that last 1% I got so I can survive and pay my bills and eat for the next 3 months or I will be homeless. That is where crypto has gotten me in 2018. All I had made in 2017 has been wiped out and is almost worthless. From now on if I make any money in Crypto this year I will take out 80% of what I earn to make sure I have money in the bank and just save the 205 in crypto, I can't afford to take these risks having all my money in crypto anymore, good luck with hodling all of it. I can't afford to just hodl anymore.
jr. member
Activity: 162
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.


sometimes, not doing anything is the best move.  bitcoin is still at it's early phase inspite being on the planet for 9 years already.  i think it needs more time to mature and get people to adapt.  when that happens, imagine how much your btc/eth will be worth then.
newbie
Activity: 177
Merit: 0
maybe people like you rarely in this world because you love your job as a programmer.
you are better off storing Etheruem than in a trader for profit.

peace greetings, cheerrsss
sr. member
Activity: 714
Merit: 260
I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

thiS is the spirit we must have being a cryptonians and investors,the positivity and the trust in technology,lets not become greedy that only enters this community to gain profit and nothing more,please be knowledgeable about the technology behind every coi were purchasing so from there we might have a bright future togetjer with the coins in your folio
full member
Activity: 224
Merit: 100
I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

Not checking portfolio right now is a wise move since it can affect our decision but atleast consider the gains you will earn once a bull run start, who knows if you hold it for a long time you might miss a lot of gains.
member
Activity: 512
Merit: 10
The same here, not checking the portfolio all the time. Bearish market will end at some point  and waiting for it with patience. The fundamentals has not changed it is a normal correction. If we were accepting half Year long parabolic rise we also have  to accept declining market as a normal part of the business.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

At least let someone know that you have an active investment so that if anything bad happen to you. You don't need to go into details. Someone can recover what you have left behind. Your investment will go to waste if no one can recover it and use it for what ever purpose. Consider it as something that a loved one can inherit.

My wife knows that I have Bitcoins but she doesn't know how much its worth now and many. All she knows is I have a Bitcoin. I have a book that contains passwords and instructions on how to recover those coins. Its up to her if she wants to recover it now while I'm still around.
This is important and one of the greatest problems with cryptocurrencies, the risk of losing your money if something happened to you and you do not leave detailed instructions about how to recover those coins is great but at the same time if you give those instructions away and the person you give those instructions decides to steal from you that person can do it with impunity.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
Been overtly concern about price of bitcoin or Altcoin is a faster way to lose on opportunity that may bring you profit you never could imagine.  I think it is easier not to keep checking on bitcoin price,  it will save you time and you will worry less!
full member
Activity: 420
Merit: 100
I believe that’s fair. It’s a good decision because you can keep your mental health good by doing so. I think that looking at the price of your portfolio on the every day basis may affect your nerves so you may start suffering from them.
It’s also a good strategy to learn about prices once in a while though, just to keep yourself aware.
legendary
Activity: 1344
Merit: 1006
I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

At least let someone know that you have an active investment so that if anything bad happen to you. You don't need to go into details. Someone can recover what you have left behind. Your investment will go to waste if no one can recover it and use it for what ever purpose. Consider it as something that a loved one can inherit.

My wife knows that I have Bitcoins but she doesn't know how much its worth now and many. All she knows is I have a Bitcoin. I have a book that contains passwords and instructions on how to recover those coins. Its up to her if she wants to recover it now while I'm still around.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.
Panic selling does not solve anything but it seems those people that do it are unaware of that, they are only driving the price down for everyone else but at the same time they are giving away their bitcoin to the whales which only become bigger as time passes, they do not understand that if they just held their coins by the long term they will recover heir losses and more but if they like to lose money that is their call.

I don’t really think so that remaining unaware of the things which happen in the world of the crypto currencies especially when you talk about the market value of the crypto coin is a very good thing to do. Even if you are not willing to sell your crypto coins, you must be sure that you are having the latest information so that you can further plan the things accordingly to have a better earning.
I never said anything about being unaware of the market, I said that you need to hold your coins for the long term and nothing more, personally I do not think that if you are a long term holder you need to check the price every hour as long as you check the price of your investments once everyday you will be fine, unless you invested in an ico or something like that because there are some coins that can move very abruptly and you need to watch them all the time.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.
Panic selling does not solve anything but it seems those people that do it are unaware of that, they are only driving the price down for everyone else but at the same time they are giving away their bitcoin to the whales which only become bigger as time passes, they do not understand that if they just held their coins by the long term they will recover heir losses and more but if they like to lose money that is their call.

I don’t really think so that remaining unaware of the things which happen in the world of the crypto currencies especially when you talk about the market value of the crypto coin is a very good thing to do. Even if you are not willing to sell your crypto coins, you must be sure that you are having the latest information so that you can further plan the things accordingly to have a better earning.
legendary
Activity: 1526
Merit: 1179
As a long term holder, i don't care if my investment goes down
It depends for me though. There are moments where I completely disregard the market, but in some cases I have to keep an eye on it in order to benefit from dips, and from time to time the dips are actually worth buying.

I know the long term price will increase, so why should I not put more fiat to work and have an even better return later on? Fiat in current low interest times is worthless when it's not doing anything.

With that in mind, and potential economical difficulties we may be facing in the coming years, it would be pretty stupid to not act while the opportunity is here for everyone to use. It's just a matter of logical thinking.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
As a long term holder, i don't care if my investment goes down as long as i know the news and update regarding my investment to make my move. The sure thing i do is bought at lower price if some of my investment get low in price to accumulate more. Then i always stop seeing the price every hour now.
The only thing that matter is the decision that we will be made along the road. We must keep focus and not to be distracted, I don't trade much and I just want my money to grow over time. We are not trading to impress everyone here, we want to earn money base on our hard work and studies about coins.
full member
Activity: 588
Merit: 128
I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.


Good for you brother and how very optimistic of you in this world full of weak hands. And actually not looking at the price can help us not to get panic and worry that can lead to panic sell. And in that confidence it seems you have some promising coins with you that gain your trust enough. Would you mind sharing those coins you hold?
full member
Activity: 198
Merit: 100
As a long term holder, i don't care if my investment goes down as long as i know the news and update regarding my investment to make my move. The sure thing i do is bought at lower price if some of my investment get low in price to accumulate more. Then i always stop seeing the price every hour now.
member
Activity: 512
Merit: 10
I like the idea of long term holding, but my advice is to monitor the markets as nowadays investing in Crypto is a risky business and there is possibility for your coin to go to near to zero. I believe in the blockchain technology as well  and I am sure some coins will be worth a fortune in couple of Years.
The market will decide which ones  and this is why we have to be informed what is happening to make good decision and jump on the train on time.
jr. member
Activity: 350
Merit: 1
HODL is a very difficult thing! Blockchain is a great technology that will affect human life in the future!
The cryptocurrency will change the financial order in the future. The future of cryptocurrency is worth waiting for!
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.
Panic selling does not solve anything but it seems those people that do it are unaware of that, they are only driving the price down for everyone else but at the same time they are giving away their bitcoin to the whales which only become bigger as time passes, they do not understand that if they just held their coins by the long term they will recover their losses and more but if they like to lose money that is their call.
newbie
Activity: 196
Merit: 0
it is a great time to buy ETH now. you can buy ETH for invest some projects or hold until the highest price. it's a good strategy
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