SweetGaryFolds (OP)
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January 19, 2018, 12:10:33 PM Last edit: January 19, 2018, 03:24:34 PM by SweetGaryFolds |
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Looking for some low stress coins to work with
Something with a mechanism that helps alleviate the stress of crypto price fluctuations?
I was thinking along the lines of NEO that pays you GAS to hold in their wallet, or Lisk with the voting system that pays regularyl or ark, or Shopcorn that acts as a payment module that returns back 10% of spend in the form of coins and lastly SMART cash with its monthly recommendations
Any other recommendations?
(planning on HODLING)
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jakaKak
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January 19, 2018, 12:12:38 PM |
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Looking for some low stress coins to work with
Something with a mechanism that helps alleviate the stress of crypto price fluctuations?
Any recommendations?
Thats actually a good question since there is a lot of stress in trading business especially in crypto where prices fluctuate so rapidly. Perfect example were events from beginning of the week when most of us were stressed a lot.
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sourish
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January 19, 2018, 12:32:05 PM |
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Stress is not a part of any particular investment, its a part of how you go about it. Invest what you can afford to lose, accept market fluctuations, do not lose your day job and do not keep it as your only source of income.
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partysumo
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January 19, 2018, 01:12:46 PM |
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You have to learn not to check prices all the time, otherwise you will go crazy. You have to do your research, decide what coin to invest in and for how long, and then forget about it for some time. Checking the price 5-6 times a day should be enough most of the times. If you check out the prices every ten minutes, you will definitely lose your peace of mind, doesn't matter whether you are winning or losing.
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fazerockzx
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January 19, 2018, 01:18:13 PM |
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Yeah this cryptocurrency thing is stressful specially when you are a investor because your money is involved in it. I was actually going to say that you don't have to stress your self with it but i just realized, as a investor too, that i loss money of my own because of the big eump that is happening today. I'm just giving myself some time to chill and thinking positively that I'll get something out of it someday.
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CasperCorn
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January 19, 2018, 01:20:26 PM |
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Crypto world is really stressful. So to get less stress only invest money you can afford to loss or extra money so you can hold that coin/token if it goes dip down the price.
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kryptqnick
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January 19, 2018, 01:27:57 PM |
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Thats actually a good question since there is a lot of stress in trading business especially in crypto where prices fluctuate so rapidly.
I don't think the prices change really rapidly. If you gamble on bustabit-like casino, there you can see super-fast price changes. It only goes up and is then suddenly worth zero. Fortunately, the real market doesn't have such things and thus you can always sell the coins on some price, not just lose everything. As for reducing stress - well, one needs to choose quite stable coins for that. NEO, IOTA, LISK, WAVES, DOGE have some price changes (which is enough for profit) and yet don't jump from one price to another like for other coins.
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CrazeCoinz
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January 19, 2018, 01:42:34 PM |
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In my opinion, You can reduce stress in cryptocurrency if you will chose invest in a long term to a known and proven coins like BTC and ETH. Don't be too greedy to earn big profits and invest only in amount that you can afford to lose. Less investments means less STRESS.
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Specialforce
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January 19, 2018, 02:22:13 PM |
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use long term coins because they are more less to deal with because all you need to do is to check them once in a while unlike on the short term coins you need to check them out everyday and also check if you gain profit or not
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RieL
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January 19, 2018, 02:28:16 PM |
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bitcoin,ethereum and iota and other long term coin because they are the coin that you can have to relax because you need to wait a lot of year to get a lot of profits which is much more less stress than checking the short term everyday
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vanlaya
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January 19, 2018, 02:31:28 PM |
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bạn hãy dành thời gian thiền mỗi ngày, nó sẽ giúp bạn đỡ căng thẳng và tinh thần tốt để đưa ra quyết định tốt nhất
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fatenmo
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January 19, 2018, 02:46:16 PM |
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I didnt think you can reduce stress with cryptocurrencies and the cryptoworld. Or maybe that is possible if you already are a billionaire and investing or trading and don't really care what happens to those investments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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LordTricky
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January 19, 2018, 02:47:38 PM |
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Looking for some low stress coins to work with
Something with a mechanism that helps alleviate the stress of crypto price fluctuations?
Any recommendations?
Stay away from crypto if you want a life without stress... Especially now you can no longer use exchanges without handing over ID ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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prince05
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January 19, 2018, 02:53:42 PM |
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Just do not think of it much often. A way of avoiding it is do not check the prices in the market every single hour. Once a day will do so you get the trend. Let your coins sleep for a while, and more importantly you rest rather than watching the market fluctuate. If you have time spend your profits in SPA's and get your self a hot bath, listen to cool music and forget cryptocurrency for 1 hour of relaxing massage and cool music. That way it could relieve stress.
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eaglewhite80
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January 19, 2018, 02:57:36 PM |
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Looking for some low stress coins to work with
Something with a mechanism that helps alleviate the stress of crypto price fluctuations?
Any recommendations?
Welcome to the world bro, there is none. It is a decentralized market and unless you want to stay on the low cap coins which does not even guarantee non flunctuations, it is something you just have to bear with. Unless of course you want to hold TETHER which would never change from $1. Best is to buy, hold and come back in few years.
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ICO Lancer
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January 19, 2018, 02:58:54 PM |
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Consider switching up your strategy if you're shorting. Forget about them for a while, think long term, be patient, etc.
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helloge
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January 19, 2018, 03:00:08 PM |
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I think you can change your investment strategy, you can buy some btc or ETH as longtime investment, and join in some hot ICO projects. One year later, you will get suprised.
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offthecuff
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January 19, 2018, 03:03:26 PM |
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If you want low stress then I would either advise a different investment or to simply buy, put in a wallet and walk away for a year and forget about it. If you follow every day then there will be big dips and big rises I think. Either that or try to relax a little, ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You can't change the price so don't worry, it will all go up in the end.
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deepcoreotc
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January 19, 2018, 03:05:26 PM |
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Just don't think about it, do something else. Go to the gym, take a walk, etc. Especially during corrections it helps a lot.
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Bytem3
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January 19, 2018, 03:05:39 PM |
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HODL and not selling ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Investing in only coins with long-term potential such as Cardano.
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