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Author Topic: Do you think HODL is bad for your health?  (Read 902 times)
w5pn73
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March 14, 2018, 01:48:24 PM
 #21

If it influences you too much and gives you too much stress than I do think it can be bad for your health.
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March 14, 2018, 01:52:57 PM
 #22

In a way it could affect ones health if they have invested a colossal sum of money and they happen to have got a loan to finance this investment it could bring about stress and for others even turn into hypertension which is something I wouldn't want to have.
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March 14, 2018, 02:02:54 PM
 #23

It depends on how much you are holding right now and how much you are losing because of sudden downfall of price. It is stressful indeed because you are thinking too deep about a decision whether you should actually HODL or not anymore. We just need to accept what will happen next and move on.

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March 14, 2018, 02:23:18 PM
 #24

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?Smiley
Obviously that's bad for your health, not for my health. Lol
This is one of the tensions we can feel, and it will be a joy when bitcoin has passed through its period of downfall.
By the time I hold it, I always forget the bitcoin. And I consider it money that I forgot, maybe you never thought to do it but this is one way that you do not experience stress because of the graph.
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March 14, 2018, 02:25:19 PM
 #25

you think its bad but when its high its good  Roll Eyes
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March 14, 2018, 02:59:00 PM
 #26

It is good for my constitution, because every time the price takes a huge dump, I shit my pants.  Grin

No, seriously.. I think it is bad for your health, because you are stressed out and you get less sleep when you lay worrying

about the price. I disciplined myself now, only looking at the price, 3 times a day.  Grin Grin Grin

Long-term investors say they are not worried, but I can tell you....they do, every time the price takes a 50% nose dive.  Roll Eyes

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March 14, 2018, 03:19:09 PM
 #27

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?Smiley

HODL can might bad for your health if  you have always keep it mind or  always monitored all your asset,in a wrong  way like  not sleeping in the right time ,you have a history of heart  failure,always irratiated when you found out  that the exchange market all turn to red,and dump,so maybe that the sign that may causing bad for your health,but if you just HODL  and you stay calm,all the situation in a proper place,and everything happen you still believe that you asset in profitable,so theres nothing to worry about that.

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March 14, 2018, 04:03:29 PM
 #28

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?Smiley
Right investing in bitcoin is a big risk and if a holder will panic when price drops this might cause to stress or even worst.Bitcoin is very volatile,we already know it in the first place and we must be open for any possiblities would happen in just a blink of an eye..that is why investors need to have a strong personality to hold their invested coins.Through holding it doesn't mean an investor would profit,looking through advantages and disadvantages of bitcoin.Market will rise and fall due to demand,and if an investor would monitor the votality most especially when huge corrections would be happening i can't see that this will brought something good to our health.

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March 14, 2018, 04:10:06 PM
 #29

it's usually bad to hold and it's often not good when you hold it because we can not tell if the token value increases if for example you have a token of a project or campaign you have joined with if you are not sure of the token you have to It is nice to read their white paper or roadmap to see and learn their purpose or want to be in the project. First check the trend of a project before to hold the token to prevent regreting.
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March 14, 2018, 04:53:17 PM
 #30

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?Smiley

And why would that be? Maybe because of too much stress or anxiety you are experiencing, which should not be happening in the first place. My best guess here is, you were holding too much that's why you focused your attention to the news. May i remind you that you prefer to be a holder and not a trader. Better try to forget all about your investments in the meantime. Do not pay too much attention to any news of what was happening in the market. Be patient and relax. In the long run you will see that you've made the best decision in hodling.
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March 14, 2018, 05:59:08 PM
 #31

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?Smiley
It is bad for health to keep different coins or not, depends on the emotional state and character of the person. Not everyone reacts equally to the same news about the price of the crypto currency. It's just necessary not to focus only on the crypto currency, but to do something else and get distracted from these problems. Then for health it will be more useful.
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March 14, 2018, 06:13:47 PM
 #32

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?Smiley
Why if you cash out some funds which can be useful to manage the few months of your personal commitment and other works. If you do this hodling will not be hard to do it buddy. Please hodl the fund for long time. This will help you better than you do on bank savings.
Please read the hodling strategy article available in online and follow it carefully. You can understand all then.
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March 14, 2018, 06:14:12 PM
 #33

Unless you invested all your money in Bitcoin and you doesnt have any alternate investment then yes, it will be bad for your health especially if the price is below the price when you invested your money. You will get stressed thinking what to do if you are going to sell it in a loss just to return some of your investment or wait until it recovers even if you are seeing the price going down continously. As for me i do have lots of investment in different ICO/TOKENS so i just let my Bitcoin sits in my wallet because i have my target selling price.
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March 16, 2018, 07:44:08 AM
 #34

If it influences you too much and gives you too much stress than I do think it can be bad for your health.
That makes sense. Absolutely when something makes you worried every time. You don’t find well for your brain, a stressful feelings coming out and you are like drowning in some mud-pool, definitely whatever you are doing is wrong. If it doesn’t make you comfortable, you will be losing your health and wealth. Too much involvement in something makes you sensitive, that is obviously harmful.
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March 16, 2018, 07:46:14 AM
 #35

if you have trust in what you do and have trust in your speculation, I don't see why would you get stressed?
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March 16, 2018, 07:47:51 AM
 #36

It depends on the person. When I was starting out with buying and selling bitcoin, everytime that there's a trend downwards I feel more stressed, agitated and really felt like my heart is sinking to depression. But it all starts that way and eventually you will learn and everything will be just normal for you.

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March 16, 2018, 07:51:44 AM
 #37

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?Smiley

HODL is actually the least stressful way of engaging in crypto currencies if done in the right way. You should always invest only spare cash and invest in project you believe in. If you done it that way you should not stress if there is few bearish months.

I think day trading is much more stressful.

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March 16, 2018, 07:51:50 AM
 #38

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?Smiley

It is not harmful for your health, if you are intelligent enough. First of all, you need to understand that Bitcoin is a very volatile asset and there is a real chance that you may incur almost complete losses. And secondly, you should go for medium-term or long-term investment and refrain from checking the exchange rates every 10 minutes.

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March 16, 2018, 07:54:29 AM
 #39

You are right. Distract yourself or ignore it. Since buying, don't be too concerned. Optimism may be good for our lives.
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March 16, 2018, 07:56:55 AM
 #40

every time I go into a coin in a falling market, then it goes down even lower, the impact on health in this case is the appearance of a new gray hair)
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