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Topic: I don't care about the price now. Nobody knows how much my portfolio is worth - page 5. (Read 1042 times)

jr. member
Activity: 116
Merit: 2
Earn with impressio.io
Well, it’s really good to see someone that believes in this technology and not minding what price it is being negotiated at. By the way, you never mentioned whether your portfolio is high on profit or low with loss. I will advise you to better focus more on what you’re achieving, I know that Bitcoin and other cryptocurrencies has a good potential, but that shouldn’t make you to be less focused on what you are making, cause loss is never a good thing in any business. If all these businesses you see out there do not care about their income they wouldn’t still be around by now, they will all just fold once and for all.
legendary
Activity: 1652
Merit: 1057
... I will hold for a few years ...


My thoughts are similar to yours. My investments in criptos are for long term, at least 5 years.
I didn't sell even on the high we had on December.
I'm not saying it's the best strategy, but as I invested only money that I will not use or need, I'll keep my strategy.
That is the right thing to do to just keep calm and just keep what you have right now, everyone of us will finally change our life if we will just continue to hold it and have it for a long time, so it is a perfect strategy to have at least save and hold coins that has the potential to grow.
Just be on yourself only for what are may real happen or what are the present situation of your portfolio just do your best on making money.
Well, it is either you are a trade benefitting from the fluctuations to increase your position in any market you are holding or you are simply a holder and you really do not care whatever goes on in the market. Just like the OP have stated, worrying about the little fluctuations in the market as an investor will divert your attention away from the bigger picture which I believe every investor should be focused on.

Early last year, we all know what the value of bitcoin and Ethereum was, and is that not just enough for anyone to know what the future may be holding ?
sr. member
Activity: 588
Merit: 250
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.

Yes, that is a good principle for people who play longterm. It is highly recommended but you should get additional work if your capital is fully in Ethereum coin.
Ethereum is not just an altcoin, its technology is needed by ico developers and is currently very successful.
hero member
Activity: 3010
Merit: 629
Im a long term hodler as well but sometimes I cant refrain myself to stop looking in the current value of the coins I hold, just curious whats the present situation of the market.

Your belief in the technology/coins you hold is the opposite of those weak investors who cant stand seeing the price in dips, I think they dont really understand the nature of cryptos that's why its easy for them to be carried away in FUD that comes from unreliable sources.
full member
Activity: 378
Merit: 101
I also did the same thing buy token on ico or buy existing coin which i believe it have a good potential increasing price then i forget it by putting it in my cold / off line wallet
member
Activity: 252
Merit: 10
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.

You can see that in the past few days there has been a slight recovery, but I think you should not be subjective. It can be seen that the price increase is only in the short term, in long term, bitcoin prices are still in the cycle. So you should not expect too much in any coin. You should plan your trade now so that you can minimize the risk of trade.
hero member
Activity: 2702
Merit: 704
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.

That is the attitude of a person that is willing to hold for the long term, even if I still watch the price and I like to see the direction the price of bitcoin and other coins are taking at the same time it is inconsequential for me, I have no plans to sell, I am going to hold at least until the next halving which is going to happen in 2020, but I may still hold for longer depending on how much bitcoin I have at the time and how much I need it.
hero member
Activity: 770
Merit: 501
It is rare to see such a sensible approach. Now it is impossible to predict how the market will develop in the next 5-7 years. It is not ruled out that crypto will get legal status around the world and your portfolio will grow hundreds times.
hero member
Activity: 742
Merit: 500
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.


Prices are a little bit higher than they were when you made this post but i literally have the same mentality that you do.  I've been occupying myself a lot more recently and because of it ive just stopped caring about checking the price constantly.  This gives me a lot more peace of mind and help me do the important stuff i need to do throughout the day.
legendary
Activity: 1232
Merit: 1029
... I will hold for a few years ...


My thoughts are similar to yours. My investments in criptos are for long term, at least 5 years.
I didn't sell even on the high we had on December.
I'm not saying it's the best strategy, but as I invested only money that I will not use or need, I'll keep my strategy.
That is the right thing to do to just keep calm and just keep what you have right now, everyone of us will finally change our life if we will just continue to hold it and have it for a long time, so it is a perfect strategy to have at least save and hold coins that has the potential to grow.
Just be on yourself only for what are may real happen or what are the present situation of your portfolio just do your best on making money.
We can make things possible guys, especially that we have found this opportunity that really helps a lot without racist, gender, or even educational background for us to enter here, so right now I don't care what could be the price for as long as there are still opportunities out there.
If there is really anyone bothering themselves about the situation in the market anytime, they are really not worthy of even being called an investor in the general sense.

The reason why a lot of people cannot behave like the OP is because they got greedy and jumped into the market when it was increasing rapidly, only to start panicking and selling at loss rather than realizing their mistakes and buying more at dip to cover up for the future. I guess they will never get that anyway since all they were after was just a way to get rich quick.
hero member
Activity: 882
Merit: 500
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.

In actual we are not limited with the thinking , every person in this world has his own thinking and own stretagy of understanding about new new things .
Now here many people are only seeing over the price of the coin only whether in how much time of interval they will make money and also
They will sell that particular coin for profit and again they will see for another coin .
But opposite of this fee people are just seeing that how much total amount in Fiat value was before Investment and how much they made from the Investment  that gives them understanding that how much need to make perfect analysis and do work for the better result .
sr. member
Activity: 1400
Merit: 269
Investors should have the same mindset as you if you truly believe in your investment and if it has good technology behind it there's nothing to worry about. All you need to do is to wait for the your desired year and month to cash out.
newbie
Activity: 84
Merit: 0
You believe that in a few years the price will be more than now, but you do not think that in a few years the price can become much lower than now.
legendary
Activity: 1554
Merit: 1054
it's good that I'm happy to hear it from people who always complain that prices go down after buying and rising prices down after selling.
remembering goals is a good thing, but you also have to be prepared for the risks that will occur because in each investment risk.
It is very normal in bitcoin, price use to rise and fall but you will not have to care about falling price, just hold with patience you will earn very high, now there are millions of people who are interested in bitcoin, no need to be worry just fix you aim before you get in crypt then focus on your goal and no need to listen to the false news, have patience and hold with faith that bitcoin has potential to recover its price very fast., be ready to face everything that happens in crypto currency.
It is always funny to actually get to see people being swayed in this market when they should have at least been able to learn from those who have been holding for a while now. The thing here is that the value now is obviously better than the value years ago and if that does not tell anyone about the future, then I wonder what else is really going to tell them what they need to know.

Market will always fluctuate and this is a very new market which no one knows how it is going to end up playing out in the future but as long as you understand the long term benefits, worrying will always be the last thing to do.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
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.


I guest you are holding etherium when the price is still at below 100$ it seems like you have a very good spirit there. Well, that was your decision and we realy apreciate that one. But if for me i will take my capital and try to invest in some a good potencial coins too in the market.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
Your thread sounds like you really do care about the price because if you did not, you would not have posted this thread telling us you no longer check the price. I check the price everyday and I am not worried about it because I believe in bitcoin. It has just become a habit. And yes, you should continue to hold and never lose patience because the latter is the only one that will gain you profit. Good luck, mate!
Ctn
sr. member
Activity: 644
Merit: 259
As matter of fact, you should just check out your portfolio when market actually goes up by 10x at every year end or so. I mean if you are studying then you will do come to know that every year end there is cyclic changes in the crypto currencies and almost all of them are going upwards. Thus they make this investment portfolio go upwards as well. If you really want to be good holder then thats the best way to do it but also keeping track of the same and making realistic moves in between is also good thing.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
That is one way to go about it but you would be best served checking in on your investments from time to time. Your nonchalant behavior makes me think you have an amount invested you could lose yet still retire early from and that would give me confidence as well. Even if you do check price regularly, there wouldn't be a point to disclose your portfolio often. That puts an unnecessary bulls eye target on your back.
That is really how everyone should be investing in this market, most especially when you are looking at the long term benefit. Invest what you would not worry about and come back few years later to check how your investments have been doing over the years.

This is the only way to stay in this game without bothering yourself about every little move in the market as long as you understand the benefit you stand to gain in the future. I remember buying few ETH last year at around $8. Just last year, come on! While some people are crying about the market going way low to $400, you are imagining how much you have gained even with the dip.

Well, everyone has the right to invest as they wish, no one is pointing a gun to your head. God only knows that people "invest" with all kinds of intentions. No real right or wrong. Without the panic sellers, the fomo buyers, the day traders, the Sunday investor and the Wall St futures trader, we won't have a market that is what it is today.

I don't check prices every day for sure, but it is always curiosity that keeps an eye on it. Can't say I wouldn't sell at 100k. Can say I would.

but I can say that I will definitely sell at $100k, just like I sold at $1000, $2000, .... selling is actually a good thing in my opinion, just as good as buying is. the key is knowing when and how much to sell. for example if I have 10 bitcoin I am not going to sell all of it just because price has gone up to $100k or whatever else. I sell a little like 0.01 bitcoin just to enjoy the profit or get my hands dirty with some speculation and trading.
sr. member
Activity: 798
Merit: 268
yup, keep your port private, mate.
It is good to not show off ones capital or assets. Staying low profile means staying safe and secure. As bees get attracted toward honey, cunning people with bad mind having wrong intentions get attracted towards money that does not belong to them.As far as, he is making progress, it does not really matter whether he lets others have a peek on his wealth or not.

Hiding your portfolio is one way of getting safe from the scammers or even in real life because a lot of people will try to do bad things to you just to get that money. You don't need to tell anyone about your portfolio because the most important things is you make money. The price will continue to go higher this year and better to stay safe so your hard work will be worth it.
newbie
Activity: 140
Merit: 0
If you keep the etherium or bitcoin, you can forget about them for a few years, as these are reliable crypto coins. But if a new generation coin suddenly appears with very great prospects and you do not have time to purchase it in time, then you can lose money.
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