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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: udayantha11 on May 07, 2024, 04:17:45 PM



Title: what things can do if i hodle for long time crypto
Post by: udayantha11 on May 07, 2024, 04:17:45 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do


Title: Re: what things can do if i hodle for long time crypto
Post by: jrrsparkles on May 07, 2024, 04:47:17 PM
Telling myself that there will be a bump after every dump so selling for loss doesn't make any sense is the most logical way to think in such a situation.

For HODLers, things are pretty simple, just buy and forget to cause your goal is to hold for for years so there is no point at looking every market move that will make you frustrated and tempted to do wrong things that you didn't want to if you are in clear mind.


Title: Re: what things can do if i hodle for long time crypto
Post by: tsaroz on May 07, 2024, 05:00:18 PM
Telling myself that there will be a bump after every dump so selling for loss doesn't make any sense is the most logical way to think in such a situation.

For HODLers, things are pretty simple, just buy and forget to cause your goal is to hold for for years so there is no point at looking every market move that will make you frustrated and tempted to do wrong things that you didn't want to if you are in clear mind.

Yes. All you need a positive attitude. The prices of crypto has risen and fallen but if you see an yearly moving average, we are on a sharp rise.
If you are buying coins for long term, it's safe to assume that you'll not have a loss unless you sell for lower price than you bought it. i.e. hodl without stress.
To increase your profit, another thing you could do is averaging. If you believe in that particular coin and its price has got much lower than what you bought it for, you can buy some more to lower your average cost price. Another thing people do along long term investing is swing trading. You allocate some amount to be sold where there are price hikes and buy more when there are dips.


Title: Re: what things can do if i hodle for long time crypto
Post by: kentrolla on May 07, 2024, 08:06:10 PM
In order to hodl you need invest in the right coin like Bitjin or any other top altcoins which has potential of continual growth, second thing you need to do is set a target price when you want to sell by setting alert and don't bother checking it, in my case I transfer my long term funds into a seperate wallet so I don't constantly be reminded of my hodlings while trading on other asset, rey this it helps.


Title: Re: what things can do if i hodle for long time crypto
Post by: Nothingtodo on May 07, 2024, 08:19:20 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
You don't just have to put it on hold but you also get updated news about the projects on hold.  You hold a coin and if for some reason the coin you hold dies from the market then your entire investment will be wiped out.  So you will know about the update news instead of just holding it and sometime if you get huge profit then selling the project you are holding is a good idea I think.


Title: Re: what things can do if i hodle for long time crypto
Post by: Mate2237 on May 07, 2024, 09:19:36 PM
To avoid panic selling you don't have to check the market often so that you won't have heart attack. And the best ToS avoid this it is better you buy the coins and use a airgapped wallet and dumped it at somewhere else and only copy the wallet address to refill the wallet whenever you are ready. And stop checking the market price. Because there are time when you check the market and the price is not doing well then your will be afraid to sell your coins.


Title: Re: what things can do if i hodle for long time crypto
Post by: Natalim on May 07, 2024, 09:35:56 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Then you need to be serious with that Holding Long-term. Choose a potentially long-term project like ETH, don't always check the market price, and enjoy yourself with other stuff. It is just like after buying them, you just do not need to think about it. Usually, people can't move on and are not able to hold on longer because they always counting on their investments. That is why we need to trust our invested coin and leave no doubts about its potentiality as this will give us confidence and easy for us to hold longer because we have nothing to fear believing that it will recover when there are price corrections.


Title: Re: what things can do if i hodle for long time crypto
Post by: batang_bitcoin on May 07, 2024, 09:44:14 PM
what are methods you used to forget the market conditions and keep hodl?
Choosing the right crypto to invest which is going to make you chill even you hold during at volatile times.

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
You don't have to do that at all times. You're only adding pressure to yourself if you do that and that's why all you need to do is to be calm while you read the market and if you're holding BTC, you have nothing to worry about.


Title: Re: what things can do if i hodle for long time crypto
Post by: Zaguru12 on May 07, 2024, 09:45:52 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

To be honest this is normal for every one just starting their journey into cryptocurrency. You will be on the news for your coins and you wouldn’t be able to take your eyes or attention off your wallet. With time you will be able to overcome this if actually you invested well.

My advice is once you get to buy a coin just use an amount that you can afford to lose to buy them, this will give you the ability to hold in patience and not been in panic of a loss.

You don't just have to put it on hold but you also get updated news about the projects on hold.  You hold a coin and if for some reason the coin you hold dies from the market then your entire investment will be wiped out.  So you will know about the update news instead of just holding it and sometime if you get huge profit then selling the project you are holding is a good idea I think.

This is the reason why you shouldn’t invest in pump and dump coin and only treat bitcoin as the only coin you can be Able to hodl for long and the rest as pump and dump that should be ditch immediately you get a profit.




Title: Re: what things can do if i hodle for long time crypto
Post by: Fiasem20 on May 07, 2024, 10:14:02 PM
That is one factor that hinders some investors from investing their coins.Op you don't have to monitor the price of the market all the time because the cyptro price is volatile.Holders are meant to accumulate during the dip and not regretting during the dip season,such regrets during the dip motivates an investor to sell his/her coins.So my advice to all the holders is hold your coin at bearish season,when the bullish season will come it is something every holder will benefit.


Title: Re: what things can do if i hodle for long time crypto
Post by: kotajikikox on May 07, 2024, 10:30:29 PM
We might not be the same and this might not work for you but I literally just say repeat my goals to myself. I know when to go and when to not so I don’t panic because I am sure of that it will go up still even when sometimes it dips.

You can also try just ignoring it. Sometimes I check it once a day and just let it be. I forget it and let it go low or up if I am holding it.


Title: Re: what things can do if i hodle for long time crypto
Post by: Wexnident on May 07, 2024, 11:02:11 PM
~
Don't go to twitter then lol. Honestly though I felt the same, Even when I invested in Bitcoin back when it was the pandemic where it dumped to iirc 8k ish? or lower even, I still had that mindset where I was so concerned whether I made money, no matter how small or big from a days movement. It wasn't something about trust on an investment or anything, just pure fear of me not knowing what the hell happened and everytime I saw that it dipped down even by a dollar, then I start getting weak hands.

I'd honestly say just grit your teeth and wait really. Around after half a month or a month, you'd start regularly forgetting to keep check of your coins and you'd be fine to hodl them for a longer time now. And to keep the idea that the money you lost is already lost, so why bother selling it instead of waiting for it to get at least back up to the original amount you invested.


Title: Re: what things can do if i hodle for long time crypto
Post by: d3nz on May 07, 2024, 11:14:14 PM
To avoid panic selling you don't have to check the market often so that you won't have heart attack. And the best ToS avoid this it is better you buy the coins and use a airgapped wallet and dumped it at somewhere else and only copy the wallet address to refill the wallet whenever you are ready. And stop checking the market price. Because there are time when you check the market and the price is not doing well then your will be afraid to sell your coins.

I agree with this, and it is much better to have a trading plan like making sure that you have SL to avoid getting a huge loss and then buying back again to make sure that you are gaining profit in the long run. DCA is the key but it depends on how you handle your portfolio and making sure that you will gain in the future.


Title: Re: what things can do if i hodle for long time crypto
Post by: wheelz1200 on May 07, 2024, 11:35:52 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

Self control.  Don't watch the market everyday or sit on crypto twitter it will ruin you and influence you to make moves you otherwise wouldn't make.  Dedicate yourself to making the same buys time and time again otherwise if it's just one buy and leave it alone just do that.  Pick up a hobby and focus on other things.  Go touch grass every once in awhile :)


Title: Re: what things can do if i hodle for long time crypto
Post by: JeffBrad12 on May 08, 2024, 03:48:44 AM
what are methods you used to forget the market conditions and keep hodl?
Keep hodl and earning through staking. Im still 4x from my intiial investment. THat's why i choose to take the low risk trick by staking all of my assets to get free airdrop. This is also helping me a lot to double my assets too through the free airdrop that i will receive it.

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 
If you don't have strong mentality at this moment. The better if you are staying away from the market and your gadget. It's to ensure you will not get a mental breakdown by seeing the down trend happened to the market.


please update what things you do
Just keep investing and staking. You know that if it's the only ways to help me gain a lot of beneifts during the bearish trend. There's no something special with it.


Title: Re: what things can do if i hodle for long time crypto
Post by: adaseb on May 08, 2024, 03:55:28 AM
Yeah if you want to be successful at holding you need to avoid the news of crypto, especially from twitter. There are always bearish market reports and it’ll scare you into selling your crypto.

If you want this as a long term investment then you don’t need to read about crypto daily. The protocol will remain the same in a year or two . You don’t need to worry about not being able to access your bitcoins. Most upgrades are backwards compatible. So there is no need to stay current. Just log off and check back in a few years.


Title: Re: what things can do if i hodle for long time crypto
Post by: laijsica on May 08, 2024, 04:39:00 AM
In order to hodl you need invest in the right coin like Bitjin or any other top altcoins which has potential of continual growth, second thing you need to do is set a target price when you want to sell by setting alert and don't bother checking it, in my case I transfer my long term funds into a seperate wallet so I don't constantly be reminded of my hodlings while trading on other asset, rey this it helps.
Meme coins are also on a significant upward trend and you can keep them in your investment list. Reviewing past history and checking prices can even be more reassuring for you in setting long-term investment goals. The confidence you have in investing in Bitcoin may not be the same in other alt coins so it's best to do your due diligence to avoid regrets. But your satisfaction may lie in long-term holdings that have the potential for huge returns in the future.


Title: Re: what things can do if i hodle for long time crypto
Post by: Strongkored on May 08, 2024, 08:19:14 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
I don't know why you have to do something that is already making you panic because it will actually get worse for every decision you make.
You should do in-depth research before deciding to buy coins because your actions will not affect the market and the profit you get, only by doing in-depth research can you choose the right coin and allow you to make a profit.
Even though you keep looking at market conditions, when you are sure of your choice then it should not cause panic because the increase could be because you chose a coin based on feelings or other people's advice.


Title: Re: what things can do if i hodle for long time crypto
Post by: btc78 on May 08, 2024, 08:36:32 AM
In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear.
Just keep off of social media, mate. I also used to panic before and would constantly check the price of the coin especially during times where it seems to be going down or up.

When it seems to be going down, it’s hard to ignore it and keep holding because you are worrying whether will it be permanent or not?

When it’s exhibiting a bullish trend you are tempted to sell but if you plan on holding until the nick of time then it might be hard to keep the confidence that it’s still going to go up after that.

Quote
please update what things you do

I just pretended that it wasn’t there. I might be hard to not check its price every now and then so I just did other things or chores I could busy myself with so that I don’t think about what the price is. Log off of your social media.


Title: Re: what things can do if i hodle for long time crypto
Post by: X-ray on May 08, 2024, 09:14:11 AM
you just need to leave it be brother, as long as you buy at low price there's nothing to worry really, also, using money that you can afford to lose might help, i mean it might not make sense, every money is needed but know that you already sorted out most of your daily needs you have bigger chance of having less fear about your portfolio turning red.

always looking at the chart, CMC, twitter and so on just for the sake of keeping your portfolio safe despite effective could give you mental strain, you can actually get alarm if the price moves drastically anyway.
you better off just letting your coin sit and then let the crypto apps do all the heavy work such as CMC app giving you alert, even exchange nowaday have the same feature, they always give reminder whenever there's significant price change.
most of the people that invests also always ended up having a good ending when they just forget they even have crypto in their investment portfolio.


Title: Re: what things can do if i hodle for long time crypto
Post by: Essential10 on May 08, 2024, 10:03:10 AM

what are methods you used to forget the market conditions and keep hodl?
For example, if the price of Bitcoin is high, many people may not be able to buy the amount of Bitcoin they want to buy because of lack of money. But there are people who deposit bitcoins using DCA weekly, monthly. In that case I don't think he cares much about his holdings, whatever the market.
Quote
In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear.  

please update what things you do
If you listen to all these market analysis through twitter and youtube then you will be more panic and afraid to invest. Here, different people present the same content in different ways according to their personal opinion, then the market analysis you do yourself will also seem wrong to you. There is a lot of information available on social media but I'm not telling you to stop it completely, I'm just telling you to look at very little crypto news on social media. You choose a right coin like Bitcoin, You just need set the time period to hold your holding which can be one year, two years, three years.


Title: Re: what things can do if i hodle for long time crypto
Post by: Ben Barubal on May 08, 2024, 11:25:05 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

      Simply hold on to the coins you want to hold for the for the long term. Others are because when they feel a sudden drop in price, they are immediately preceded by panic, which causes panic buying.

     Then you should always be updated on the developments of the coins you hold for the long term. To know how to do this, it's normal to look at their Twitter page, Reddit, Discord, Telegram channel, and so on.


Title: Re: what things can do if i hodle for long time crypto
Post by: AnonBitCoiner on May 08, 2024, 11:32:10 AM
If you enter into the crypto market then before entering you should know that the market does not move according to your expectations and you should learn that all types of influencers do not provide you with accurate information.

If you want to continue your holding then hearing every single word from others and deciding according to it will become full of risk so try to ignore your emotions here and continue your holding to make a steady progress in your investment. Just focus on your goals and don't overthink after predictions from different people because during dip there is a chance to hold to minimize your loss so accept this fact.


Title: Re: what things can do if i hodle for long time crypto
Post by: Kelvinid on May 08, 2024, 12:18:07 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Keeping aware of the market situation is good but not all the time because this is also one reason why an investor feels uncomfortable and worried especially when seeing a huge price drop.

If I were you, don't make a habit of checking every day, try to have some gap to do it, at least you have time to relax your mind and remain positive. If you trust the project you invested in, you never feel anything bad about it as you are certain that this project will last long and the price grow in the future. But if you feel doubts at first, don't expect success but instead failure and losses due to panic selling.


Title: Re: what things can do if i hodle for long time crypto
Post by: DeathAngel on May 08, 2024, 04:42:19 PM
Just like with any investment & not just crypto, it’s not good to panic if the price dips because that’s when you make irrational decisions & might panic sell. In market downturns, it’s actually the best time to buy providing it’s a good coin. HODLING for a long time has proven to be a very good strategy & I assume will continue to be.


Title: Re: what things can do if i hodle for long time crypto
Post by: Tmoonz on May 09, 2024, 02:00:56 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear.  

please update what things you do

Self conviction is the best key, putting other peoples opinions before yours can be very detrimental, decide on what you want as a person by not following crowd or doing things just because that is what others are doing or seens to be talking about, this is the strategy I feel could help you make an informed decisions. You need to have that personal believe of working towards the possibilities of achieving your expected goals and objectives.


Title: Re: what things can do if i hodle for long time crypto
Post by: Taskford on May 09, 2024, 02:09:06 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

Learning all how the process work for sure you can learn a lot of information by searching those information you want to learn.

Try to learn from this articles.

https://www.investopedia.com/terms/h/hodl.asp

https://wundertrading.com/journal/en/learn/article/hodl-cryptocurrency-strategy

https://www.linkedin.com/pulse/5-tips-holding-bitcoin-long-term-alex-mejias

https://academy.yellowcard.io/topics/how-to-hodl-crypto-safely-and-still-make-profit/

This are helpful article and to make all of this work it need good determination since if you are just thinking about doing that since you are interested to gain a lot of money without thinking the risk for doing such thing then maybe you might just come up their to lose your money. So to avoid that learn by reading and applying those methods you learn into your activities since for sure there would be a lot of possible to get in future if surpass hard challenge and learn a lot of things about crypto.


Title: Re: what things can do if i hodle for long time crypto
Post by: cryptoaddictchie on May 09, 2024, 02:16:51 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Transfer to own and non custodial wallet when you bought on cex or even dex.

Save your seed phrase and uninstall or remove the wallet on the browser or app.

Stop viewing on exchange or asset portfolio tracker like coingecko or coinmarketcap.

Give it sometime like months or if can year/s.

If its worth it then youll definitely seize some profits if you are down then thats the risk of investing.


Title: Re: what things can do if i hodle for long time crypto
Post by: Sayeds56 on May 09, 2024, 03:09:03 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

You don't need to do much except developing mentality of holding Bitcoin and other top projects listed on coinmarket cap. Accumulate them during significant dip or use Dollar Cost Average (DCA) strategy to accumulate good quality coins, this way you can lower your overall cost of investment. Once you have invested, you need to hold your investment patiently without bothering much about day to day volatility in cryptocurrencies market. By staying committed to this approach, you increase the potential for substantial profit when eventually market turns bullish.


Title: Re: what things can do if i hodle for long time crypto
Post by: Ben Barubal on May 09, 2024, 03:36:35 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

     I think Twitter is not enough for you to get new updates on that matter. many other platforms to keep you updated. But you should know that when you are a long-term holder, you should have a timeframe for how long you will wait to hold the coins you want.

     because if you don't have a price target, you might just end up waiting for nothing, which in the end will be fun. and it should really stop when the price you want to sell is reached.


Title: Re: what things can do if i hodle for long time crypto
Post by: Sophokles on May 09, 2024, 03:40:37 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

Just stop checking your portfolio often and keep yourself busy with some other work. Stop visiting your twitter profile as well if you don't care about the price at all and are willing to hold your portfolio till the end of your life. Also, you need to check historical data to convince yourself that the correction is for short term and the market will recover gradually. This is how i try to be cool, and i see every dip as an opportunity to inject as much cash as possible to increase the size of my portfolio by buying the dip.


Title: Re: what things can do if i hodle for long time crypto
Post by: el kaka22 on May 10, 2024, 05:22:00 AM
Aside from Bitcoin, Ethereum, BNB, SOL, and for some time if you want to not invest currently with all you have but want to invest later on then maybe getting a bit of USDT on the side. I do not think that there are anything else that I would invest into. The things that I listed are probably near 99% of my portfolio and will stay that way, SOL isn't even that big and a small part but I do get a lot more of it in the last 2 years than before.

I think it is quite obvious that people are going to get a lot in return if they know what they are doing and we should probably consider what we can make out of this. If you want to risk it and get a lower level tokens or coins then it's your own mistake, I can understand other top 10 to top20 projects but not anything lower than that.


Title: Re: what things can do if i hodle for long time crypto
Post by: Sayeds56 on May 10, 2024, 06:36:48 AM
Aside from Bitcoin, Ethereum, BNB, SOL, and for some time if you want to not invest currently with all you have but want to invest later on then maybe getting a bit of USDT on the side. I do not think that there are anything else that I would invest into. The things that I listed are probably near 99% of my portfolio and will stay that way, SOL isn't even that big and a small part but I do get a lot more of it in the last 2 years than before.

I think it is quite obvious that people are going to get a lot in return if they know what they are doing and we should probably consider what we can make out of this. If you want to risk it and get a lower level tokens or coins then it's your own mistake, I can understand other top 10 to top20 projects but not anything lower than that.

You are absolutely correct that there can be significant potential of growth in lower ranked coins, as you mentioned BNB, Solana. Additionally there are many emerging sectors within the crypto space those can demonstrate tremendous growth in upcoming anticipated bull cycle. These sectors include social finance, Real World Assets and Artificial intelligence.

Ultimately, it is the choice of Investor to choose coins those align with his risk tolerance and financial goals.


Title: Re: what things can do if i hodle for long time crypto
Post by: Stablexcoin on May 10, 2024, 06:50:40 AM

what are methods you used to forget the market conditions and keep hodl?
For example, if the price of Bitcoin is high, many people may not be able to buy the amount of Bitcoin they want to buy because of lack of money. But there are people who deposit bitcoins using DCA weekly, monthly. In that case I don't think he cares much about his holdings, whatever the market.
Quote
In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear.  

please update what things you do
If you listen to all these market analysis through twitter and youtube then you will be more panic and afraid to invest. Here, different people present the same content in different ways according to their personal opinion, then the market analysis you do yourself will also seem wrong to you. There is a lot of information available on social media but I'm not telling you to stop it completely, I'm just telling you to look at very little crypto news on social media. You choose a right coin like Bitcoin, You just need set the time period to hold your holding which can be one year, two years, three years.
That is why it is not good to listen to what social media are saying. It can be true or might be a fallacy but having a personal conviction on things before making a decision is necessary. Everyone would take responsibility for their investment actions so at last it all falls down to how you plan your investment. If you invest wisely you will reap the profit but if you invest foolishly there won't be anything you to profit.

Depending on the financial status of the investor and the target that is what he would use to determine the investment period. If the target is huge then the investment duration would be long especially if the investor is not that rich.


Title: Re: what things can do if i hodle for long time crypto
Post by: God bless u on May 10, 2024, 07:14:12 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
The best possible solution to this is that you put your money into a asset and then do something that resist you to take the money out. Delete the app by saving credentials or make your goals higher so that a little profits cant disturb your thoughts.

But the important point here is that you have to keep an eye on the market so that sudden bullruns can notify you that it's time to take the investment out because it's giving good profits.


Title: Re: what things can do if i hodle for long time crypto
Post by: mich on May 10, 2024, 07:31:15 AM
Well for me there is some thing I do so I do not look at my crypto portfolio. Because when I do look at it so much I do sometimes get scared and might panic sell.

So it is best for us to not look at it. I had some crypto pricing trackers on my phone. But I did find it so much I was looking at my phone more then I want to. So I did delete those apps and just do not think about prices all day long.


Title: Re: what things can do if i hodle for long time crypto
Post by: LogitechMouse on May 10, 2024, 07:43:16 AM
~
please update what things you do
There's one thing that you need to have if you want to keep holding your coins for a long time. DISCIPLINE.
If you have discipline, you can still look at social media platforms and you will not sell any of your holdings whenever you see your coin went up 10% or more. You can still keep yourself updated and you will not think of selling your coins because you're disciplined enough not to do it.

As for me, the Bitcoins that I'm holding since 2021 are the ones that I'm holding until now. Just imagine I'm holding it for more than 3 years already, and yet I still keep myself updated on what's happening in the crypto space. It all comes down to how discipline you are not to make impulse decisions. If you have a long-term plan, stick to it no matter what. If you have price selling targets, stick to it no matter what.

One word, but really helpful for the investor. Being disciplined enough will give you huge profits in the long run. :)


Title: Re: what things can do if i hodle for long time crypto
Post by: Kristiyana on May 10, 2024, 09:06:13 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

You don't have to look at what people are saying about cryptocurrency out there, because the more you look at what they are saying that's the more you're getting discouraged probably if you keep listening to what they are saying they  might poison your mind from embarking on this crypto journey. whatever thing you know is best for you just do it don't listen to side talks, learn how to stick to your decisions, if you're holding bitcoin just keep holding till when it hits your target then you can decide to sell it. for the fact that market is very bad this time doesn't mean that is not going to change, don't allow side talks to hinder you from achieving your goals.


Title: Re: what things can do if i hodle for long time crypto
Post by: wxa7115 on May 11, 2024, 07:35:37 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
You are doing it wrong, by watching and reading so much content about this market, you are always reminding yourself about the coins you are holding and their performance, so this will only make you to feel anxious when the market begins to move against you.

What you need to do is to really take your mind off the markets, and this can be done by keeping yourself busy with other activities and hobbies, this way you could spend days or even a whole week without taking a look at the charts, a thing that makes holding your coins way easier.


Title: Re: what things can do if i hodle for long time crypto
Post by: poodle63 on May 11, 2024, 08:21:35 AM
limiting your media consumption could actually sometimes do wonder to you if i'm being honest it seems you are addicted to social media too much to the point that it affects your financial decision.
i mean you could easily just block whatever toxic influencers in the social media so you don't need to get distracted with all those useless fear mongering of an opinion even worst paid shills and fud.

if you want to invest you just buy cheap and then leave it alone, if you have good timing your money gonna grow, if market become worse your money lost a little bit but its still unrealized floating loss so no need to think too much about it if your vision is to hold long term and cash out at peak.
if you want to know the price so bad you can easily install widget to monitor the prices, just quick glance is all right, usually CMC or any other exchange app have that feature.


Title: Re: what things can do if i hodle for long time crypto
Post by: bluebit25 on May 11, 2024, 08:24:53 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

You can quit that habit, and look for other methods such as learning more knowledge and other skills in the market. Many newcomers are too dependent on information from KOLs on social media or YT.

I know a lot of people have the unstable mentality of holding on to something that is volatile and can't help but get FOMO in the market, but when they realize that doing nothing is harder than even bothering daily. Basically, we all want investments to profit quickly, leading to greed that controls us with behaviors that can lead to mistakes in the investment process. So try to master your initial investment by doing thorough research without depending on news or anyone.


Title: Re: what things can do if i hodle for long time crypto
Post by: Sayeds56 on May 11, 2024, 10:32:16 AM
Telling myself that there will be a bump after every dump so selling for loss doesn't make any sense is the most logical way to think in such a situation.

For HODLers, things are pretty simple, just buy and forget to cause your goal is to hold for for years so there is no point at looking every market move that will make you frustrated and tempted to do wrong things that you didn't want to if you are in clear mind.

Absolutely, maintaining a long term perspective is the key o success in cypto provided you are holding on good quality coins. Those who are committed to "HODL" it is very simple to focusing on fundamental value of the asset and its potential growth overtime, rather than getting caught in day to day price movements, investors can avoid stress by sticking to their investment goals. DYOR


Title: Re: what things can do if i hodle for long time crypto
Post by: Bitco55 on May 11, 2024, 11:50:52 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

The crypto market has existed for a very long time to still be scared. You can start by dropping a little bit of the information research. Stay away from videos and texts that'll make you sacred. If you come across some of them unexpectedly, you should always tell yourself that after every dump is a pump, and the more you wait, the more you gain.

You can also lock your assets. I think alot of wallets have such features and if you'll still feel scared or tempted, you can purchase a hard wallet. Very useful and safe.


Title: Re: what things can do if i hodle for long time crypto
Post by: Belarge on May 11, 2024, 12:11:36 PM
Telling myself that there will be a bump after every dump so selling for loss doesn't make any sense is the most logical way to think in such a situation.

For HODLers, things are pretty simple, just buy and forget to cause your goal is to hold for for years so there is no point at looking every market move that will make you frustrated and tempted to do wrong things that you didn't want to if you are in clear mind.
There's pump and dump season in the market, we barely understand how the market operates and fixed ourselves into a particular one. The market have different seasons and they look for a way to manipulate or further persuade us to do things weigh out of the picture. We should always look up to ourselves and our risk management, always surfing out solidable means to look out for ourselves. I'll never forgive myself if I'm down by huge losses and trust me when I say, there's absolutely everything to worry about when it comes to do with crypto.


Title: Re: what things can do if i hodle for long time crypto
Post by: Supianto on May 11, 2024, 01:49:01 PM
I simply not opening my wallet and crypto news, I have a lot of other things to do. I mean, I check my portfolio every day, but I do that once or twice a day. And I watch the news once or twice a week. That could be bad thing if I traded crypto, but for holding it's working well.


Title: Re: what things can do if i hodle for long time crypto
Post by: lalabotax on May 11, 2024, 02:00:33 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
First, Ensure that the coins I'm holding are not shit coins to be. The way is at least to pick the top coins (Of course, Bitcoin is my first pick, more than others).
Then, move them into non-custodial wallet.

Set the target that I'm going to reach for the price of coins that I'm holding. each coin commonly has its own targeted price, so I'd like to check it when in bullrun whether it is rising up or dead. I'm also setting the target of time period, whether I'm going to invest or hold for very long time or for certain period (bearish - bullish).

Then, sometimes, check the market condition. It will of course go up and go down, but what to remember, never panic whatever the condition before the target is reached. Panic selling or buying will only harm our hodling.

Anyway, doing more accumulations to add more coins is also suggestable to do.


Title: Re: what things can do if i hodle for long time crypto
Post by: Sayeds56 on May 11, 2024, 06:52:13 PM

First, Ensure that the coins I'm holding are not shit coins to be. The way is at least to pick the top coins (Of course, Bitcoin is my first pick, more than others).
Then, move them into non-custodial wallet.

Set the target that I'm going to reach for the price of coins that I'm holding. each coin commonly has its own targeted price, so I'd like to check it when in bullrun whether it is rising up or dead. I'm also setting the target of time period, whether I'm going to invest or hold for very long time or for certain period (bearish - bullish).

Then, sometimes, check the market condition. It will of course go up and go down, but what to remember, never panic whatever the condition before the target is reached. Panic selling or buying will only harm our hodling.

Anyway, doing more accumulations to add more coins is also suggestable to do.

Absolutely, it appears you are suggesting to build a solid plan for managing cryptocurrencies investment. Yet, it is equally important to stay disciplined, adhere to the strategy diligently, and stay patient while navigating the volatility of crypto market. This approach can possibly increase the chances for optimum profit when market trends bullish.


Title: Re: what things can do if i hodle for long time crypto
Post by: Huppercase on May 11, 2024, 07:10:58 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

Do you know what gives people confidence in holding? There are many of them but I will share you the basic ones you need and not bore you with plenty of them.

First of all, if you want to have peace of mind in anything that you buy in this crypto market, you must use the money you can afford to lose. Don't go and use your savings, emergency money or even health funds to invest in crypto thinking that it will grow later, you might kick wrong financial decisions with such kind of move.

Secondly, this one is very important : Buy what you know that will always recover when other coins are making recovery, don't buy coins that have a lot of supply and are very much in circulation, such coins experience sell pressure each time and you may lose confidence in such coins.

My last but not the least advice is to invest in a coin that team are well known with good reputation, don't invest in a coin that when something happen tomorrow they will be around to sort it and not exit or run away as many projects has done in the past leaving investors hanging.

Good luck.


Title: Re: what things can do if i hodle for long time crypto
Post by: AnonBitCoiner on May 11, 2024, 07:11:12 PM
Just like with any investment & not just crypto, it’s not good to panic if the price dips because that’s when you make irrational decisions & might panic sell. In market downturns, it’s actually the best time to buy providing it’s a good coin. HODLING for a long time has proven to be a very good strategy & I assume will continue to be.

Fear in the heart of those individuals is common to those who don't have any knowledge but experienced investors will never have fear in their heart about their loss. If you carry your investment without any fear by keeping in mind that this drop in price is not a matter of concern then all the things will be fine.

Those who don't have time to see the market price on a regular basis should keep their investment for the longer term so in this way his fear will be less and his profit will be big.


Title: Re: what things can do if i hodle for long time crypto
Post by: Rengga Jati on May 11, 2024, 09:28:11 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Buy Bitcoin, leave it in personal wallet.
Check the market if you want to check. Don't do  it too much because sometimes, ti will disturb your patience and efforts to hodl, moreover when checking, the price is significantly dropping or even rising up. So, ensure hat you sett he target of when you are going to sell, based on time or even from price increase.

Those who don't have time to see the market price on a regular basis should keep their investment for the longer term so in this way his fear will be less and his profit will be big.
Yes, if the condition is that you have a history of fear or panic that is quite high, it would be much better after buying Bitcoin not to keep checking the market. Because to be honest, this can really affect the desire for long holding. It could be that it actually makes it easier for someone to quickly panic and sell it.


Title: Re: what things can do if i hodle for long time crypto
Post by: oktana on May 11, 2024, 11:18:30 PM
Staying up to date with the project you invested in is one great way. Staying up to date is more than just forgetting the market conditions but also understanding how the project is reacting to it. If you notice they aren’t handling it well then you may want to take out your money. If not, you will be reminded of the goal and see the need to keep on hodling.


Title: Re: what things can do if i hodle for long time crypto
Post by: Bushdark on May 11, 2024, 11:35:33 PM
Telling myself that there will be a bump after every dump so selling for loss doesn't make any sense is the most logical way to think in such a situation.

For HODLers, things are pretty simple, just buy and forget to cause your goal is to hold for for years so there is no point at looking every market move that will make you frustrated and tempted to do wrong things that you didn't want to if you are in clear mind.

Absolutely, maintaining a long term perspective is the key o success in cypto provided you are holding on good quality coins. Those who are committed to "HODL" it is very simple to focusing on fundamental value of the asset and its potential growth overtime, rather than getting caught in day to day price movements, investors can avoid stress by sticking to their investment goals. DYOR
People has benefited from holding and we need to be prepared because it worth it and we can make good earnings if we know how to hold in such a way that the next movement could be a surge in price of the token we are holding.
We all want to make money and that is why we keep seeing people even the ones that are not investors taking about investing in cryptocurrency. It is good and important for us to earn some money from the bull market.


Title: Re: what things can do if i hodle for long time crypto
Post by: doomloop on May 14, 2024, 01:51:23 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Stop doing things that make you feel that way, and that's it :).

When you fear something, you stay away from it as much as possible, so if you think staying aware of the market and staying up to date with news and stuff makes you panic or have fear, you should stay away from these things to see how it goes.

I wouldn't suggest anyone that by the way, because I believe one should stay updated at all times, and if you think you panic because of this, you need to increase your knowledge about Bitcoin and cryptocurrencies and understand how things work before you feel that way and exit the market.


Title: Re: what things can do if i hodle for long time crypto
Post by: KingsDen on May 14, 2024, 02:16:56 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
This happens when you don't invest in trusted coins. If you are holding a trusted coin, with high utility, liquidity and the rest, you will not panic whenever there's a dip. It's only when you hold some worthless coins that got popular through the trend hype that you will be anxious when there's a drift in price.

After investing for long time, find something doing with your free time, this will keep your mind engaged instead of remaining idle and thinking about your investment


Title: Re: what things can do if i hodle for long time crypto
Post by: Ricardo11 on May 14, 2024, 03:19:04 PM
Those who are real holders, they never invest by looking at the value. Their only goal is to invest and hold. Whether the value of the coin is low or high, they continue to invest and hold using the DCA method on a regular weekly or monthly basis.

Remember, whether you invest in a coin when its value is low or invest when it is high, if you can hold it for a long time, it will definitely guarantee you a big profit.

But for this you must invest in a good coin, if you invest in a bad alt coin or meme coin, it can guarantee you not only profit but also loss for sure. So before investing it must be good to research and invest in any good alt coin or if you want you can invest in Bitcoin too Bitcoin is the best coin for long term holding.


Title: Re: what things can do if i hodle for long time crypto
Post by: Asyifiah on May 14, 2024, 03:49:25 PM
Holders must be thinking about what challenges they will face when the market dumps, but it is still very natural not to experience losses.

For me, we will be holders, just study the movement of an altcoin that we want to buy, wait until we are sure when it goes down, buy and save until the altcoin rises up to 10x or even more.


Title: Re: what things can do if i hodle for long time crypto
Post by: woez on May 15, 2024, 09:30:01 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

After you buy, do your usual activities. Even if after you buy and look for a while to wander at this time, just make your heart ache because the market continues to move up and down. right. everyone wants to see their favorite asset move up, but if BTC still hasn't moved on, I think it's the same. The market needs good news to immediately be able to rise besides the whales do not sell massively and start buying a lot of new assets we want too.



Title: Re: what things can do if i hodle for long time crypto
Post by: peter0425 on May 15, 2024, 10:13:44 AM
But for this you must invest in a good coin, if you invest in a bad alt coin or meme coin, it can guarantee you not only profit but also loss for sure. So before investing it must be good to research and invest in any good alt coin or if you want you can invest in Bitcoin too Bitcoin is the best coin for long term holding.
It is well-known that altcoins especially memecoins are bad choices for an investor to hold for a long time. They are very volatile and most of the time they do not really show any potential to grow even in the long-term.

The best you can do with memecoins is to ride its peak and take advantage of its pumping and dumping.


Title: Re: what things can do if i hodle for long time crypto
Post by: Wildwest on May 15, 2024, 10:43:51 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

We have to be determined and mentally strong in saving coins for the long term so we don't have to panic when the price starts to dump. Not everyone can hold onto coins for a long time when they start to make a profit of 10% of their initial capital, how big is the risk they face in waiting for every movement of the coins we hold. The point is, don't be tempted by projects that have just emerged, stay focused on the goal, namely the coins you hold.


Title: Re: what things can do if i hodle for long time crypto
Post by: CoinMin3r on May 15, 2024, 12:54:45 PM
One can buy, hold and forget it for a long time without worrying current market situation if that crypto is well established or being main stream ( eg. btc,eth, doge, ltc etc.). But one have to go with the market if it's new as new crypto only shines for one season and then fades away slowly.


Title: Re: what things can do if i hodle for long time crypto
Post by: justdimin on May 19, 2024, 09:19:23 AM
what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Honestly, you do not really need to "do" anything? I mean holding literally means doing nothing and that doesn't really feel all that bad to me. I get that it may not be all that crazy to think about it that way, but it is quite often that most of the time we just end up with nothing at all, we should be considering this situation as common as it gets.

There are a lot of long term holders and should not be focusing on anything but just making it work further and further. It would be possible to ignore the prices if yo udo not care about it all that much, and I personally do not care about daily movements, it could go down or up daily, but since I have seen so much changes, that daily %10 or less doesn't mean anything to me at all.


Title: Re: what things can do if i hodle for long time crypto
Post by: Churchillvv on May 19, 2024, 10:03:22 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Obviously you are not clear with your point yeah so if you are holding an altcoin and you see updates on Twitter and the rest of the social media and that shows decline in the price movement and you begin to fear then what you need to do is do more research more concerning that particular coin, search for groups where holders of the same coin communicate or share idea.

Then you will find updates on what and what not to do at the moment because currently, here we do not know what situation you are in or what coin you are talking about but if it is something like Bitcoin which you obviously stated you are in for a long time hence I will advise you keep Holding but if it is an altcoin which I am not certain about it volatility then I would suggest you make more research concerning that particular coin in order not to loss everything.


Title: Re: what things can do if i hodle for long time crypto
Post by: Mrbluntzy on May 19, 2024, 10:14:00 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

I have my crypto in my wallet but locked out in such a way that I can not have access to it if I feel pressured. There was a day I was stranded in my school campus, I was waiting for my parents to send me the money I requested from them but they delayed. I almost forced my self to access my crypto funds but my private key was not with me. Be determined to hold, keep emergency funds and also keep your private key out of your device so that you can not access your funds easily.


Title: Re: what things can do if i hodle for long time crypto
Post by: johnsaributua on May 19, 2024, 10:48:46 AM
Hodl is indeed a difficult thing because it fights against the lust to reject profits especially when the trend is bullish even though buying crypto on the same day :D . But if we are professionals, meaning developing cold money and not aiming to leave as soon as possible, of course we will enjoy the price more like the character Elon Mush maybe ;D, some of the ordinary people also have a good trading mindset and analysis including for the long term will remain calm, the best option is bitcoin and altcoin for me is ethreum.

If you want to throw it away you try using a non-custodial wallet / cold wallet of course not connected to the exchange. if you have a routine for other things I think it will be more awake, unless you have a daily scalping habit and want to hold long-term too, of course you have to separate wallets. I often see corrections of an altcoin such as eth even sell other assets if in 1 wallet :D, because they assume it's an opportunity.

News and fundamental information are important, but your strategy in managing your portfolio also needs to be considered. If you can get through comfortably with hodl too, of course investing will be more enjoyable and know the best decision.


Title: Re: what things can do if i hodle for long time crypto
Post by: laijsica on May 19, 2024, 05:10:12 PM
ou didn't specify which coin you took as hold. However, you should keep your holdings safe for a long period of time so that you can sell multiples at a profit. Your holding target should be 4-10 years. Since you are in holding, it makes sense to focus on holding for the long term rather than focusing too much on value. Good for you if you don't consider all social media campaigns.


Title: Re: what things can do if i hodle for long time crypto
Post by: Zanab247 on May 20, 2024, 05:32:34 PM
Quote from: Asyifiah
Holders must be thinking about what challenges they will face when the market dumps, but it is still very natural not to experience losses.
  If you understand the crypto market very well and you have the knowledge of hodling for long years, you don't need to be scared any challenges that will occur in the market because nothing last forever in the crypto industry.

There is a way you will understand crypto investment, it will be difficult for you to experience loses in your investment because you will like to trade your coins in the bull run and it will make you to remain in profits making in the industry, and it will help you to have enough in your savings to buy whenever the bear run occur at anytime.

Quote
For me, we will be holders, just study the movement of an altcoin that we want to buy, wait until we are sure when it goes down, buy and save until the altcoin rises up to 10x or even more.
But there are some altcoins you don't need to buy even though their price is very low in the market,  and if you go ahead to buy such altcoins, you will experience big losses in the future because the team behind such altcoins will not make it to pump higher for their customers to earn to their satisfaction.


Title: Re: what things can do if i hodle for long time crypto
Post by: sekalitas on May 21, 2024, 09:48:36 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
My holding strategy depends on the specific coin and my investment plan. For example, with Bitcoin, which has a history of generally increasing in value, I typically buy and hold, checking news related to it only once a month or twice every three months if my plan is to hold for at least a year. I also try to keep myself busy with other activities to avoid constantly obsessing over my investments.

Remember, it's crucial to only invest money you can afford to lose. This way, you won't feel overwhelmed with regret if your investment goes to zero. Cryptocurrency is extremely volatile, so investing money you can't afford to lose can lead to panic and fear.