Bitcoin Forum

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.

Actually that's a great decision for you to hold and did not sell it in this fallen market price, and I'm sure you after a years that you hold your Crypto you will become a millionaire. But remember everything is possible to be happen, if they end or exist  decades.

You are the positive investor so you don't worried about your investment. If you feel it is right decision you can only hold your investment and this is right time to invest in cryptocurrency so better you can invest in some altcoins or Bitcoin. This also make more profit in future.

really, if you are sure of your choice of coin then you should go and forget what you are investing now because even though you are currently monitoring may be the sadness that you will feel right now.

Hodling is good but I hope you got your initial investment back from the market. You need to should at least sell the initial investment you did so that the only coins left would be your net profit and you wouldn't have to care about where the price goes.

Everything is turn into RED and yes this is why cryptocurrency consider as risky investment and it's worth because the profit is more than you can earn than ordinary trading !

As an investor just like I did, it's become difficult choice but I'm also convince myself that bitcoin will keep survive and become even better

Yep, the best way is to stop monitoring the price every day, you may see an unusual movement in the price that would trigger you for selling plus the negative news about the cryptocurrencies would affect your will to resist of selling, better to do something else by making yourself busy that would completely isolate your attention on the price charts, if you truly believe in your portfolio that it may last that long and may recover from the crashes you can do that, holding a useless coins are worthless to hold in a long run.

Well, at this time, the best thing to do is just hold because if we sell today, it wouldn't make sense just to cut losses. Almost everyone here losses so much, some has advises us to just get out early, but I chooses to stay because this is just a test, more of a mental test to see how tough are we in holding our coins.

So I'm also not worried, this storm will calm and go, and at the end, we will see bitcoin and crypto rebounding from all this challenges and you will be happy for being tough as a nail and did not panic in this crisis.

And yes, better stop monitoring the price cause it will just give you reasons to panic and sell it immediately. lol.

I think right now, we are facing a bearish season in cryptocurrency. All of our coin seems to be in a red days! The only thing we need to do is to hold and have a patience in our traded coins! Because time will come, the price will just move up. I have also bitcoin and other altcoins in my portfolio. Last week, I planned to sell all of it and turn to fiat but I did not do it. Instead, I decided to hold and wait for the bullish season to come.

if each investor thinking like you , price would not fall like now.no one being week hand and still hold their portofolio and cryptocurrency price could be more stable.but with this condition we hope the best and do all the best to make crypto market great again.

Up to you, it's your asset you can do anything you want. Your decisions is good and I believe most people will do the same and some of them will sell their asset for cut loss. Maybe in next post you can also share your analyze that make you have powerful faith to hold? for knowledge only. I like people with faith, specially if they disciplines with their rules. Good luck with you.

I am not exactly sure about the purpose of this post. Are you gloating that you have a huge portfolio? Are you suggesting small time traders to hold despite an uneasy market? I mean really? what is the point here?

Hope that somebody will realize that too, that seeing the price every now and then is really making you pissed off, and nothing will be benefited from it, so better to just look at the price at least once a day and not every hour. I am focusing on one goal and that is to have at least one bitcoin  before the year ends.

That is the mind some of us need to have now in other to be able to hold and not selling our coins out of panic. Bitcoin and ethereum has recovery from the low we have recorded yesterday and I think we have to keep on holding in other to make it big in future. We should have a long time views and plan.

This type of strategy or that kind of mindset of yours has positive and negative effects, if you don't care about the price now it will make you feel comfortable and relax it will not caused you panics that will lead to bad decisions, but for that is studying and understanding the market every movement of the price for me is important but it cause me panic and i made some bad decision but i learn something from it making sure that it will never happen again.

Then? What's the point in posting then if you don't care about it? So you wanna share your thoughts then?

Yes it has mostly negative cause if you won't care about how much you spend you'll be bankrupt or broke in no time. The OP is hiding his portfolio who knows he/she might have had little investment so he/she won't care too much.

You are not the only one who feel this way.  It is good to see like minded thread and folks around here. Bitcoin and Altcoin aren't the best thing that ever happen to world of finance and payment.  It is online a matter of time before world begin to enjoy the power of blockchain and efficiency of cryptocurrency 

If you don't actually care about the price then you won't even bother to post here. Nobody knows how much your portfolio worth and actually nobody even care as we don't even gain anything and what you did here is just asking for compliment and recognition about why you become ignorant about your investment after such downfall. First thing to do before investing in high risk investment like cryptocurrencies is to calculated your risk !! And what you're doing here is just the same thing everyone will do when something go out of your control. Just let it go and wait  ;D ;D

That's a decision which suits yourself, if you can really go for years and not take note of the price that would be an achievement, I have become so obsessed with checking several times throughout the day, maybe it would work if I just took a step back and checked only on a weekly basis but then because so much can happen in a day I would feel like I have been away for a year :)

That is what we need in our life now, to stay positive especially here in bitcoin that the price is so unstable, so for me stay calm for now is the best way, take time to relax, go and do something else so you cannot see the price regularly, or better to buy more now bitcoin.

Not everybody is taking it cool like you are; Kudos to you.  I watch how quite a number of people open threads just to complain of how low and frustrating the recent price is going. I personally don't blame them because I have been in the same situation but glad i finally learned for i am hodling too. Though, i don't know about not checking the price; at least I still do that. Most times i check ones or twice a week and i think its good just to be on a safer side.

let's do a challenge :D
and i invite others to join also. we can be two groups.

one group will HODL bitcoin and call that "portfolio" and only trade altcoins for short term by joining their pumps and dump them before they get dumped.
and the other group HODL their bags of altcoins and call it "portfolio"

then lets see who will be worth more in long term. we can start with $1000 worth of investment.

Very good strategy. Hoping you a great success in the future.

That's also a good decisions by not looking the price for the meantime. Everytime I looked into the price I had the attempt to sell, but the market these days are not good. I just hold mine for the reason's price may climb at any moment.

We have the same thinking in terms of cryptocurrency. I also don’t look on the present price because I choose to hold my portfolio for the long term. Right now is the best time for buying more crypto because of low price. As of the moment trading is the most difficult task to do due to volatility. And because of this I will not suggest to do trading.

If you don't really need money urgently then of course there is no need to sell your portfolio just hold liked you are doing there are times I urgently need money which makes me sell some of my portfolios. There is good news for the markets as the G20 summit is about to begin.

That’s what a real bitcoin or crypto coin enthusiast must do.. Believe in it and trust it tell the end.. This is how we should teach for the new investors mentally/emotionally at this trying days and they should learn the strategy that profiteers is doing the right way.. Consider this as an advice,, but following is not mandatory and control over this decision is subjective..

It is a good thing that you are thinking positively about your investments in the cryptocurrency market, however you are wrong. You must care about the prices right now as even though you are looking to cash out your investments in the future you can still take advantage of the prices right now. And what I mean about that is you can do buy and sell, where you sell at its highest price and buy it again at a lower price. The effect is you are increasing your position as you are adding more and more quantities of cryptocurrencies in the process.

nice decision of you , and i will try to do same thing , i hope i have enough brave to do that :D , im just going to invest my asset for 1 year i think and hope i can

I found it funny when you shares your thought about of how you're going to handle your investment even if the odds are against it. I guess it will help you to get your pace back while practicing your patience to hold more longer, despite of this bearish type of market. Goodluck on that investment in a year!

Indeed, many people invest in crypto for the sake of profit, not to the technology they own. And with a long term investment in crypto I'm sure you will not fail. I think crypto is the essential technology of the future.

I liked your question. I will try to answer it.

First, I wouldn't say its faith. I believe in the fundamentals.

I think there are 3 things that makes me feel comfortable now, even in a bearish market:

• 90% of my cryptocurrency portfolio is Bitcoin and Ethereum. Those are the market leaders. They cover the most promissory technology, the best teams, over 70% os market share. They are something like the blue-chips.
  I didn't buy some smallcap coins to pump 1000% in 2 months and now holding bags and praying.
  
  
  
• I only invested what I can afford to lose. I don't wanna lose it, but I am not over-invested. This is very important. I was over-invested once, and could barely sleep. Even believing in the fundamentals, this market volatility is too high and everyone has a limit. I am not in my limit, so I can live with this volatility.
  
  
• Long-term objective.
  In whatever market you are investing, even on a stock market, if you are on the accumulation phase, or if you are in for the long run, the best thing you can wish for is a bear market.
  But if you want to swing trade, if your goal is short-term, that's a different story. I am not a good trader, so I just hodl.
  

Im already coming to a point on where i have deleted already my app blockfolio on checking out prices since there are really coins which are really worth to hold on for long term and seeing them actively specially on reds will really tempt you out to sell out to cut loss.I know the feeling that you are really persevered but you cant avoid the times that you are too worried deep inside.

For me this is not a good thing to do because by this the frustration is visible from the statement and if at all some thing is frustrating you then it is better to stay away from that thing because ultimately you are pushing yourself to the loss. In dealing with the different coins in the crypto currency market, we have to be careful regarding every thing and every activity and we cannot let the luck to decide our fate in the market.

If you have enough money or got another job to handle your life you doing something great , it is less stressful and you don't need to be worry about prices and checking them every day!

The price of ETH has taken a big dive in the past few weeks and with the correction in the entire market it is a good opportunity to invest for the long term,there are good tokens which could give you a good reap in the near future and i really think that this is the best period to invest,i am not asking anyone to invest all your money now,the market will go up and down till the regulations talks are finalized and during these periods is the best period if you wanted to make a portfolio of the best tokens.

I do watch the prices daily because I do  alot of trading.  If you are a long term holder, there is no reason to constantly check the prices.  you will only be stressing yourself out.  Never panic, crypto is here to stay and can't be stopped.   the total market will be trillions in due time.

So what you are ultimately trying to tell ,are you shocked on seeing the price of ETH coming down by half in the past weeks or you are telling that you were here from the beginning and so you are holding plenty of coins at a cheap price and you wish to hold for the long term,but i do have a funny thought from your thread here,if you really do not bother about the current market why would you brag about it here,just to inform others you have a big portfolio . :D :P

 Long-term investments also involve some risks, as they are very profitable, and they lose their entire investment. For this reason, long-term investors should also check their investment on a daily basis.

It is good for you, but if you had invested $5000 and now you have $1000, you probably care about the prices like other people. But I like your thoughts this is how the money is made.

A skill that only few have, I'll even say that I personally can't even do this. It's tough to just forgot about all of the money that you've thrown at something and let time do it's course, but if you want to make it in the world of crypto (or any investment) you're going to have to let time to just that.

Don't let FUD and news stories sway you, just let it ride folks. Plus, you shouldn't be investing with any money that you can't lose. So whatever you put into crypto should be accounted as being lost already.

I agree with you.  We have the same principle.  I do not even check what the bitcoin or altcoin price because the market price of cryptos doesn't matter to me.  The reason is because what matter most is its price in the future.  I planned to keep my bitcoins and altcoin for a long period of time.  Its price now is merely became part of the history after 2 or 3 years and I believe that by time, the bitcoin and altcoin price is much higher compared to its value today. 

I also believe that bitcoin is the future of currency so, why should I worry?  There is nothing to worry about because I am very optimistic about bitcoin future. 

You probably will become millionare in the next for or five years. People who can get million profit in crypto is only holder and they never see their portofolio before 3 or 4 years. They are investor not flipper. 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 ( trezor / ledger nano )

What a wonderful solution to a problem! But this method is not without defects - you are unable to respond quickly on unexpected market changes...

Everyone will agree with you, people that have more wealth obviously will do like you, but not with people that have lees wealth. They will always be haunted by their needed and to fill it they have to sell it.

Btw investor are clever i think like this they've to withdraw the initial capital that they've invested, profit that they got then they'll invest until whenever they want. ($100 for a month then you already got the prof $200, take back your initial capital $100) this will make you more relax and not over think it if the price will fall down significant.

Or take the profit in the time that he decided (a year, 2 years, etc.)

That good idea for holding strategy, dont panic sell and just hold it a few years so no need to worry and not consuming times for make analysis again. But should be any portfolio for short investment and for long term investment, because to make money in cryptocurrency will be more profitable by doing swing trading or day trading. So dont hodl all your coin because that no so good idea because fluctuacion of crypto so high and this is opportunity to make more money by trade it.

I remember holding through 2016/2017 and a lot of negative news going around as to how the cryptocurrency world is dead, that those who are holding are just consoling themselves and all that.

Yes, those who panic are always the ones to end up losing out by selling even when they are losing, but those who realized the main reason why they are here usually do not bother, and then I am sure for some of my portfolios that I have been holding till date since that time, anyone who has been in the system for a while or understands the prices of most of these top coins back then would know what most of them are worth now.

When the market goes down and goes down quickly, the best way is not to look at it now as it will make you worse. But do not worry calmly do not look at it, waiting for positive feedback from the market. When the market goes up again, the value that you own will return.

You have good attitude.This is essential one for the trade. And you have investment in ETH,so you no need to worry about it.
When the price of invested coin is reduced just wait for the coin to raise up again. The fluctuations of price in crypto currency is very common.

I just hope a lot of people do think like this, then maybe we could be seeing a better value than what it is now.
But the problem is the proportion is unbalance, a larger part of weak hands is at loose and they will be eliminated with this dips that is happening. Let us just see the upcoming days into what will happen with the crypto world.

I agree, don't care about the price right now. If we trade using free money wherever the price will go we can relax, because if we want to trade just use money that we ready to lose for it

If everyone can think like this, then the crypto world would have gotten better than it is now. However, a lot of people are only getting greedy without even bothering about what the future of the technology holds, but I do not blame them since no one wants to even read this days and all they want to do is make money. Anyone who understands that the cryptocurrency world is here to stay with a lot of future for the coins that deserves it, they will not bother about the prices they are even seeing now.

must think positive when it comes to investment and don't so hasty if you don't want to lose some of your money from it. And actually  being so worried about your money is not a good idea because that is the common reason why people always panic selling. So bear in mind to invest or trade a money that you can afford to lose to prevent regrets , and  always keep calm and let your money play the volatility of the market.  

That good decision, when your purpose to buy crypto for long term investment just left and forget about it in a few years. But if you aiming to trade it in short times, when you dont know which is the bottom price and down trend continue, you have to cut loss it and buy back at lower price. This is depend on times , skilled ans purpose to buy crypto. Each has different level of risk and different profit.

IF you have only Eth or BTC this is right strategy, I think. Even official sources prognose that BTC only will grow in price.  But another less popular cryptocoins can just die in a few years, if you have some of them on your wallet.

Most people bought bitcoin at more than $10.000, if we assume that they still hold, they are still at loss. If they have traded it, they are probably at more loss now.

How can you know what most people paid for their coins? If  most bought at over 10k then we would still be at 10k, because I don't believe that most people hold their money during a crash. Most people sell, that's why there is a crash in the first place. When the buy and sell orders are in balance the price remains steady, that's the most basic statistics of the market.
You can't predict how many people are behind the exchange orders. It can be 1 person buying 1k coins, or 1000 people buying 1 coin each.

Yes thats good idea,just continue believe your coins as long as the technology, be patience to wait and just be positive all the time surely it leads you to success, a positive thinker is one character of an successful person.

If we take a look at the prices every few minutes, hour or a day, we would end up getting stressed and worried instead of being productive. It is why the best thing for us is to keep our day jobs or maintain our business and do crypto part-time. It is better to forget it for a while while we are on a bearish market.

You can now exchange all your cryptocurrency for money and spend them on the things you need. You think you'll make more money, but that's not a fact.

That is so fearless of you to take the risks in holding without monitoring your wallet and I think some of us should do the same thing as you are doing. If we look at the price everyday, every hour or every minute, it makes us not just look but indeed obsess with cryptos and I think this obsession can lead to unnecessary things we might do like doing panic selling which we might regret in the future. Positive thinking, faith and patience are the keys to success in cryptoworld. Hope for your success.

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.

Well it shouldn't be a surprise though since that's how investors see their investments. Its more on the long term profits. Peoplenshould emulate this guy's outlook towards it and only put in money you can afford to hold for a long time. This will avoid all these negativity when the market goes red.

You were a long term trader because you ignored the price of your portfolio right but instead looking for the future. Once the price bloom in the future, you will become millionaire because of your investment and that will be good for you.

indeed to avoid being panic sold some of people in my country also give suggestions just like OP said that because they're believe the price will never continue to fall forever and with don't see their investment value they thought this is can avoid downtrend situations but very unfortunately that most people who have crypto asset aren't thinking just like that too because maybe if some of us have same mind then the price of major cryptocurrencies will never fall to the deep

Most times, it is even always good to forget about everything and just come back some few years later to check your investment. You will end up feeling better in that case as you would even not consider what is being said by the media or the FUD being created by some who do not know what they are saying at all.

Nevertheless, even if you know what is going on, you will hardly get worried about it, because at the end of the day, you will be making a lot once you know this is the future you are investing in and not a get rich quick scheme.

It is always the right decision. Except for those who are trading anyway and they know what they are doing, which makes them have more advantage over holders, but in the long run, holders will always win irrespective of whatever happens presently. Volatility is normal, but listening to FUD and reacting in alignment with the FUD is abnormal and most people who do that actually have no knowledge about what they have invested in and that is what makes the difference for someone like OP and those that panic easily.

Market is recovering, but many altcoins are not. It's possible that some of them never will.
Few altcoins have survived the long term.

That's why it's important to make a long term portfolio with the market leaders, mostly bitcoin and ethereum. I don't like ripple but it's a good choice for long term too.

As you are going down the coinmarketcap the risk is higher. That's why people who invest (and even overinvestment sometimes) in those coins and get worried.

yes you are right in my opinion no one knows where it is going and how much the price is created, it is better to play long term only and do not sell too fast assets you have, play in coin that has a limited total supply then it will be able to give a very profit many when the total supply is getting thinning then it is certain the price will be expensive.

That is how exactly things should functioning.
Everyone is too much obsessed with price movements these days because they are only counting on short term. But we are all aware that Bitcoin is the most profitable on long term and that is the way to achieve the best results.
When you think on long term you can be much more relaxed and much more goal oriented.

yup, keep your port private, mate.

I guess he doesn't want to see the sadness actually, that could be the reason he is closing his eyes and ears. I'm sure he would have opened them now that the market are beginning to have some green shed. ::)

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.

Its a good statement, but we will see with flow of time, would you be able to hold this emotional calmness, or you will transform to a regular panic trader, lol!

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.

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.

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.

The market value of any of the crypto coin is of volatile nature and that you can’t expect the market value of any of the crypto coin to keep going upwards all the time. complaining about the downfall in the market value of any of the coin is not a good thing to do and that at such times, you need to keep on holding your coins and that you need to keep good control over your nerves.

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.

Goodwill. Holding our coins for a couple of years may produce very good returns. The question is, can we restrain ourselves in that long period of time? especially when every day we are still struggling with the crypto world that will inevitably give us information indirectly to the price movement of coins that we hold. I used to have the same intentions, but unfortunately I have to break up my intention because I am not so strong to keep my first plan due to the fact that my portfolio already up multiple times.

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.

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.

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.

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.

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.

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!

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.

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.

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.

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.

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 .

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.

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.

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.

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.

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.

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

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.

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.

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 ?

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.

Yep, checking the price of Bitcoin and other cryptosis a habit anyone that is involved in this business can’t avoid. Even if he doesn’t care about the price of Bitcoin and altcoins, that doesn’t mean he wouldn’t be checking the price maybe on a daily basis to know what it is sold at. This is what we all call HODL , you neglect the price and what people say about it and still hold till the price goes up. It’s a normal thing and most of us does it whenever the price is going down. I do it too. So he does check the price.

Yes that is very true.The prices now cannot determine how rich you will soon be.If you have some coin just hold on for small time and the market will fully recover and you shall sore higher to the top.The low prices now is just the test of the faith of those who really believe in the coins they are holding or not.

That is all about investing in good coins. We have to do a comprehensive and extensive search in this case that which coin is suitable for us. Like we all know about bitcoins that they are amazing coins and they can be best for almost everyone belong to every domain and nation of the world. But still, you must be doing research and start resonating this coin with your needs and goals.

That's a good strategy, I only wish that everybody could be so calm and confident in the BTC future.
I'm really tired of all those panicers that say BTC "will drop to $2,000 the very next month, this info is reliable, bla-bla-bla".
But what we can see now - is a constant rise of BTC (it has already reached $9,500).

your believer of new technology i agree with you nothing to worries about it because every now and then the new technology continue to increase their system update.

long term holding of any kind of altcoins are very profitable but i disagree on the principle do you have not looking or monitoring of your portfolio im not believe in you monitoring of invest is very important not to worrying about the price goes dump need to check because need to secure your investment either lose it because the hacker still there around.

If someone has a good earnings of moneys they don't care about the prices even it will regulates higher rate but if other person don't have any source of income they trade time to time because they used for expenses daily for their family needs and wants, so it depends also about our status in life.

I couldn't help myself to check the price of bitcoin or altcoin because I also wanted to have an idea to the current value of the coin I hodl. But if I saw it in a dump state I just sit back and relax because I cannot do anything to change the value. So at the moment I choose to hodl my coin because I am waiting to the next pump.

This is the mindset that most crypto holders must have especially when the price is going down. Lets just hold to our coins that we holding now and instead of panicking, why don't we just buy more and more and wait for our profits to come.

To not look at the price of bitcoin is not going to bring you more tranquility, if you're like many people here you'll visit the forum every day, and when people begin to talk about what is happening with the price you will get curious, so not looking at the price it is not going to protect you from finding out whether the price is going up or down, what is going to protect you is your confidence in bitcoin.

Perfect solution! I started my journey in October 2017. Therefore, the events of winter and spring did not worry me much. I am calm, I believe in the crypto currency, but I also intend to make money. Therefore, the moment will come when I will sell and buy.

It's another matter, there are people (and among my friends) who came in December and January. I know these people are very worried. They find it difficult to just sit and not look at prices. And I'm sorry for them ...

With the existing capital, I think select a coin with a low price (like Doge) because you will get more coins and if there is a price increase that is not too high you can sell it and you will get a big profit.

Statements like this can be said for people who have or choose a long-term investment. They simply assume and believe that cryptocurrency is the technology that will be used by people in the future. So they do not care about any price movement just focus on something that will happen in the future. It's not wrong, everyone have the right to have such statements and have a clear basis. Take a look at price changes every year and always go up every year.

All the coins are unpredictable. There is no source of information that what would be the impact of bitcoins on market in coming few days or months or years or even the upcoming moment. So don’t just get worried. Bitcoins are superb coin and they are stunningly making a great performance. So don’t just lose your heart and continue holding because that would be you making big rich.

If I want to become productive, I would stop looking at the prices. I just realized that if I keep looking at the prices every few minutes to an hour or so, I would lose some minutes that should make me productive. I usually stay focused on what I have been doing and not looking at the prices during my work.

In that way, we will be having the right mindset and perspective in cryptocurrency.

If someone invests an amount that they don't care if they lose it completely than I don't see why they should care about the short term price and just focus on the longer term. The way to earn higher returns in crypto markets is only through hodling and anyone trying to time the market is going to end up losing in the end.

You're very positive investor here, so you don't worried about your inviestment. If you fell that it's right decision you can only hold your investments

If you are not going to sell your ethereum then you are one of the cryptocurrencies Hero and I believe in future we may celebrate you like other big holders.  I have been tempted to sell my holding several times and most time I encourage myself that if I keep on holding I will make good money in future when governments legalized it.

I'm not worried, all the coin I hold is from the ICO purchase even though the last hurricane made my property significantly reduced but I trust the coin I hold, trust on the technology they are developing.

Everyday my routine is to check always the price of the coins I have hold. It is good know that their is someone spotted being positive on the ups and down of the price. So I am not also worried in the market because it will increase and most of us here can earned profit.

Yeah, curiosity when it concerns your investment is normal and I totally understand that a normal and sane person will want to at least check how their folio is doing which I believe even the OP did to have known how much he is worth now.

Moreover, it is also important to understand that there is no point freaking out or panicking when you know what you are looking forward to and as long as the individual is not trading, I really do not see any means to ever make decisions to sell out at loss out of panic which a lot of people do from checking the price.

That is the attitude that all traders should have, the problem is that many invest so much money that they cannot bear to lose a single dollar and when they do they begin to get nervous and take bad decisions because of it, so while it is a very simple lesson we must remember to never invest more than we can afford to lose if you really do that then you're not going to care that much about the money that you lose in a single trade.

So you are just basically holding up ETH into your folio or do have even more coins which do have potential? Holding up for years or long term would really requires strong discipline and control which i do see that most people wont able to do such thing specially into those times where we do see profits where temptation to see would be there and thinking up on securing out profits or you would panic sell to cut loss when you see a dumping market. These are the common factors.

As I said before:

• 90% of my cryptocurrency portfolio is Bitcoin and Ethereum. Those are the market leaders. They cover the most promissory technology, the best teams, over 70% os market share. They are something like the blue-chips.
  I didn't buy some smallcap coins to pump 1000% in 2 months and now holding bags and praying.
  
  
  
• I only invested what I can afford to lose. I don't wanna lose it, but I am not over-invested. This is very important. I was over-invested once, and could barely sleep. Even believing in the fundamentals, this market volatility is too high and everyone has a limit. I am not in my limit, so I can live with this volatility.
  
  
• Long-term objective.
  In whatever market you are investing, even on a stock market, if you are on the accumulation phase, or if you are in for the long run, the best thing you can wish for is a bear market.
  But if you want to swing trade, if your goal is short-term, that's a different story. I am not a good trader, so I just hodl.
  

Market is recovering, but many altcoins are not. It's possible that some of them never will.
Few altcoins have survived the long term.

That's why it's important to make a long term portfolio with the market leaders, mostly bitcoin and ethereum. I don't like ripple but it's a good choice for long term too.

As you are going down the coinmarketcap the risk is higher. That's why people who invest (and even overinvestment sometimes) in those coins and get worried.

Are you serious right now ?
Doge is good for short term trading and even though it has been in existence, I do not see how someone will be holding for long term anyway.

Surprisingly, even with the history of doge though, it is funny that the support for it is still very huge but like I said, for me, it is strictly for trading and tipping most of the time and nothing so special. There are several other coins and tokens that one can invest in for potential increase in value for the future.

Although money is important and we all are trying hard to get bigger money. But still we don’t have to be so impatient about it. There was a wise man and he said, “If you run before money you would never be getting that, run before excellence and that would get the money in your feet.” So don’t just think of the money if you lose some time, just think of a bigger picture.

Right. You only have your knowledge to choose a good coin, hope to hold on to it and believe there would be a great future for it, and then the smartness to make some very good decisions along the line. One thing with this environment is that no one really knows how things would be turning out at the end, but we only have our faith in what we are holding to keep us going and for those who are traders, obviously, the knowledge is there to keep getting the best from the market. Everyone just have to get their own way to benefit.

You should completely isolate yourself from the prices of your portfail, if you truly believe in that it may last long and may recover from crashes you can do that

Wow! That's the attitude! Thanks for spreading positivity rather than FUD. Would be better if you share us some knowledgeable tips. A lot of people are impatient nowadays and are easily affected by FUDs. This vulnerability results to loss and regret. Anyway, like you, I am still holding my coins. I started holding since last year and as of now I have got 4 kinds of cryptos or more.

I also keep a little eth and I also do not care about its price. But if it's worth ten times now, I'll definitely sell them. That is a huge profit  ;D

I compared 2017 and 2018 price of coins.so i don't care about the price now.Low price was last may month.it will increase price future..

This is truly righ time to invest in cryptocurrencies, so better you can invest into some altcoins or bitcoin, this also makes pretty much profit in future

Great advice, a person looking only to earn money through trading could have some success, but the person that is really looking at becoming a master of this difficult profession will become a lot more successful than someone that is only looking to trade for the money, and this is not only true in trading but in almost any other activity that you can practice.

In the world of trading in the market indeed as investors we are experiencing an emotional thing. Sometimes I think sell it what does not but it all depends on each of us in a good trading strategy

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.

That is a great mindset of yours and I wish that all of the golders will be more likely as you because if that happens the cryptocurrency will not have a hard time dealing with those falls. Because those downfall of the coins is just temporary you just dont mind that and think about the future their value will rise back up and every fownfall is just an opening for us to buy more of them. I know in the future the value of that will rise and so as our holdings so we can really be a millionaire in this with just having some patience

I like your enthusiasm and can relate to it. I am watching the market daily for trading opportunities, but I haven't cashed out even 1 btc since 2014 when I started investing in crypto. I too don't care about the price..I'm in for the long haul. I am not touching my btc for the next few years at least.

yes you are better you are confident because no one can know the price of coin will be up to the price how much better you keep as much coin as you can and wait until the price becomes very expensive.

Investing and holding the coins for the long terms is one thing, but any investor would monitor the market constantly on what the market situation would be, there is no interesting technology that is better than bitcoin right now.

People who started using bitcoin in 2013 also have a lot of coins in their portfolio and nobody here is bragging about it too. :P I am also not having any plans to sell anything right now.

I am thinking along the same lines but it is too addictive to check the price and see how things are going. If you don't check now and then you will forget what you are holding and even worse, you'll forget your password!

The best way here is to stop monitoring the price every day and every hour, you may see an unusual movement in the price that would trigger you for selling

Well first of all you wouldn't keep that coin if you didn't know the potential of that coin you're going to keep. And it's only you who knows the worth of your coin but you should check the background of that coin before anything else because it is the key to your success. And what ever the current value of your coin now it doesn't matter as long as the coin you choose to keep has a high potential in the market.

What you have said make sense, but I can’t control myself from checking my portfolio. The good thing is at least I am not making rash decision and continue holding.

yes I agree with you, nothing can beat the growing technology, and we do not have to worry about it, you can think of it as "lost money" and a few years later you find it back and it's worth, it could happen

The best ways to do as of these days is we should stay focus on what goals we have with our holdings. If we see that the price isn't good to see, then don't let your emotions controls you. We should be able to learn self control despite of how hard situations you have during the dump periods of your altcoins holdings.

This is shows that you are a person with a firm decisions of all your coins. Actually I cannot do this without checking the worth of my portfolio and how much already the price that I investing. Nobody knows indeed of your portfolio worth it and nobody knows the certain price could go next time.  By holding of your coins for years would depends on you as you will expect a good profit rate at the end.

But does surviving mean price only increasing?

Sure thing! Too frequent price checking can become an obsession, I guarantee it!

I thank you for your mentality. Those whose heart is weak, they are scared if price decreases. I will hold and trade also. The price has decreased, so what has happened. The price will increase again today or tomorrow. There is nothing to bounce. The prices of each item decreased again and recover.

With su h mood you simply may skip bitcoin's moon  :D I think you wasn't honest when you said that you will not check the price at all. Everybody who is in the crypto world just can't stay cold to the price changing and even if you think that you can stay cold to its changing it won't last long, on a huge drop or raise you will come to look at it your own eyes, believe me  ;)

I will probably add litecoin to the mix of coins that you can buy and forget, this is precisely the reason why most of my money is invested in those three coins, I do not want to bother to look at the market for hours every day and trying to figure out when it is the best moment to sell or to buy, I'm not going to bother doing that because simply I do not have the time to waste looking at the market all the time.

You have a strong decision and that's great that you are not hurry to what you see in portfolio you know how handle your investment and that's great attitude. In crypto that attitude is needed because you know the worth of your investment.

That's right you need to hold all of your coins and  you can gain more profit after few years.
Like ethereum it is for longterm and I think possible you become millionaire.
Need patient right now because the price of the altcoins decreasing other are panic and that's not good to everyone. Support bitcoin and altcoins and you can get more profit.

I think the negative news about the cryptocurrencies would affect your will to resist of selling, better to do something else by making yourself busy

That patience can bring you a huge profit. Because technology is really essential in this age. Crypto is worthy and should be applied to the daily lives of each of us.
I love it. This makes the Crypto market much richer and market capitalization will be significantly increased.

Yeah that is. Actually human is so sensitive to emotions. If you are thing for some trading and definitely you are putting your money in there. You become so sensitive about that investment and you should be. Because if you are ignoring that thing, you would just become a loser and everything would just be finished and ruined. So be sensitive but don’t be emotional.

Using price alone to determine how well your holdings are doing will not be an accurate assessment of your holdings. Sometime, it is good to focus on the technical or utility of your asset rather than price in order for you to be able to see the maturity of your holdings!

Why not? price do not lie because they measure how big or small your asset can be and i guess we still need to look on the price to decide if we are now ready to sell or not.


You cant be able to see the maturity of you holding if you arent looking at the price . although looking at the purpose or technical side of your asset is also a good idea before you decide to buy and invest on them because choosing the right coin is always better than choosing a random one.

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.

now we are in a middle of a game or we are the player on the game that getting controlled by someones who we dont know the market is over controll and its playable

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

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.

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!

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.

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.

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?

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.

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.

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.

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.

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.

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!

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.

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.

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.

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

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

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.

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.