Do you think HODL is bad for your health?

[jonathan6655321]

I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?

[gentlemand]

Read about the strains that those who attempt to time the market go through and it's clear that holding makes for a more peaceful life.

I've lost count of the whining fom people who've sold up and fret about when and how to get back in. And many of them do it when BTC is on a tear and finish up with less coins when they cave.

If it gives sleepless nights then you've put too much money in. Reduce it or look to the future with a steely glare.

[appleyard]

I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?

stress i one of the risk of bitcoin. Accept the fact that you will go old faster while watching the analytics and the value keeps falling. 

[tree1100hn]

If you feel that you are not comfortable with the price fluctuation of BTC every day, it is best to keep your mind on the task and forget to hold the BTC.
For example, we often joke with our friends, go to prison for a few years, then look at the price, or value is zero, or worth several hundred million.
Ha ha

[paolo099]

the key point of holders is patience.
Not getting stressed over market fluctuation is what you need, you need to check the value every week or even every month or two.
Get some BTC and forget about it, always keeping in mind to invest what you can afford to lose and you are good to go.
Checking the market value couple of times per day is very stressing and useless unless you are a daily trader.

[monchi]

It can be bad if you didn't do some research and weren't prepared for those situations. Good investors knows that possibility and they fully understand the risks in markets.
They do things that can compensate loses if it happens.

When you don't fully know what are you doing it can give you detrimental effects. Unless you effortly try to change your thought and expand your knowledge you can't away from those kind of stresses.
Our mind needs a sense of security and that can only be gain through the vast experience and abundant knowledge into something.

In this link I searched show how bearish market affects us. It also gives reminders about the most known crashes is markets and signs when markets are going to crash.
https://www.investitin.com/crypto-bear-market/

[Aminmon]

HHHH, this is an interesting idea, and it's true that most of the time, if you keep looking at the K diagram, you're going to be anxious.
Try to forget to buy an encrypted currency and hold it for a long time, then the whole market will return a good return.

[Riten]

I have accepted how this all works and where it is going. I invested maybe more than I should, but I don't have a problem with that.
Some of my investments were really down and now they are fine. The conclusion I didn't sell any of it.

[bakujo0817]

for the people who just holding because of bearish market and they loss if they sell it thats a lot of stress and pressure for them but for people who intended to hold a coin for long term is stress free because they dont care if the value of coin is down they just patiently sticking of their plan.

[alyssa85]

I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?

Is it because you are in a loss? Losing money is always hard to bear...

Hodling is easier when you are still sitting on a profit - you just turn off the apps and don't look at the price and get on with life.

[stompix]

Read about the strains that those who attempt to time the market go through and it's clear that holding makes for a more peaceful life.

This is exactly what I was saying in a post a week ago:

I've quit totally trading since 6 months ago, haven't put up one single trade apart from selling a few mbits for cash for expenses and it was probably the best thing  I've ever done.
I can look at the red charts and say...yeah...not nice, without actually giving a damn.
HODLing is the best.

Price is 9600, 8790 , 9531, 8732,11441....don't give a....
I'm past the age when I could have enough spare time to actually trade.
When the family and job take most of your time, you can't really trade and it's going to become a serious stress factor.
You will always leave in FOMO and end up with sleepless nights.

I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?

I don't think heath is the main issue here mate. First and foremost we hope to have a great amount of profit as we believe on our hodl shares that we have. Same as what I did I just keep believing that someday my coins will definitely increase soon as I still hodl it as much as possible. Regarding on the health issue well, it depends on the resistance of each users since this kind of job that involves money we need to be physically fit and aware the possible negative outcome.

You're wrong, health is the main issue in everything!
When you're going to be so happy you've made 100k and next day the doctor tells you some bad news you're going to ask yourself what was the purpose of doing it all.

[Rahman11]

If you keep your patience then you can hold your bitcoin. if you can't keeping your patience then holding is not for you! absolutely streess is bad for health.

[YuginKadoya]

I liked hodling more than dumping it in my fiat I am more into Hodling, Well I think it will base on the mood of a person and everyone of us here have a different perspective, emotions, and personality, That is why it is up to that persons persona with the kind of thing he done with his Cryptocurrency, And in my situation I feel stress out more if my money is on fiat than hodling it more on any Coins that I have.

[Pursuer]

people often misunderstand HOLD!
holding is not just buying blindly and keeping it for ages. you buy, in this case bitcoin, because you believe that it has a good future. for example if you believe that bitcoin can continue on this adoption rate and have a much bigger price in a couple of years because of the limited supply and growing demand, then you buy and hold it.
it is also the strategy that you choose when you don't want to be a trader, don't like using risky exchanges that can run away at any moment,....

[zenrol28]

It's up to you if you'll stress yourself with just a swing from bitcoin's price. In my first few months in cryptocurrency, i tend to take a look at the market too often. And I realized that it's affecting my mood. So I took a stop on looking on my portfolio and the market. Now, I have nothing to worry about. Besides I have a life to focus more into than to stare on those bars and lines.

[SyrulRamadhan]

I think yes haha if you are a person who plays trading take a short profit. when the price goes down you will definitely be under pressure and will do the panic sell. it's normal that everyone has their own way of playing

[Carmen01]

I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?

No this is for past time only for me because we don't have assurance here so you kill only yourself by over thinking here and all here are give so much conveniece like in investing so there's no need to get stress then always think also the all possibility that can happen here,Better to do is always hold until it gone or if the price go high then prepare yourself

[tosindesign]

health is wealth. HODL makes you relax and think of other business activities to engage in . Investment takes time to grow. HODL remove tensions ,anxiety, high blood pressure from you. hence HODL is not bad for your health.

[PsylockReborn]

I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?

HODL isn't bad for your health. If you see your investment as long term accompanied with faith in bitcoin's technology then you'll be at peace and confident on your investments.
That's why it's best to invest an amount that you can afford to lose so you won't  be stressed out since bitcoin's value is very volatile and no one can predict it's value in the future. It's value depends on the acceptance of the people with the technology for it to be more valuable and become the best store of value.

[Hazir]

There is no perfect solution, there is no ideal way you could follow. Do you want to know what you can do achieve peace forever?
Sell everything - then you'll never have to worry about your worldly possessions again because you won't have any.
Otherwise, you will always worry about something - trading is stressful, holding can be problematic too when there is no clear what tomorrow will bring...