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Author Topic: Do you think HODL is bad for your health?  (Read 902 times)
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March 23, 2018, 06:21:29 AM
 #161

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

HODLING itself is not that bad, I believe that many HODLERS back then are rich now if we can think of it. The fact that it's bad is when the stress kick in and started to eat you because obviously you are not prepared to face the bearish market. Most people who experience this kind of situation are those newbie in trading and just got hyped up by the last year's cryptocurrency madness. Keep in mind that there is no Unlimited increase in price as the Cryptocurrency market needs to breath.

I am currently HODLING since January of this year and I am not happy too with the bearish crypto market but I trust the specific coin that I invested with and I never regret what I did, I really know how it feels.
We are already in pain! get a reward from it! DON'T LOSE HOPE!



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March 23, 2018, 06:27:15 AM
 #162

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

I think it depends on your perception only - be easy, do not worry too much and I you will get the best result. Fear (to loose money) makes us weak panic sellers Smiley

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March 23, 2018, 06:51:23 AM
 #163

I think it can be bad for many people. But it is not hodling, it is investing in such a volatile market. If someone decides to invest in crypto, they should be ready to face all the volatility. There are gonna be huge downs but incredible ups too. If you are someone who get stressed whenever market is down then probably stop investing in crypto or start having more faith in cryptocurrency.
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March 23, 2018, 06:55:13 AM
 #164

 We all should remember that we should buy at lows and sell at highs , when this theory is missed out then we fall prey to losses and spoil our health and increase stress in the brain seeing the trades in red in losses. I suggest keep buying after the market correction is over and do not buy in between the correction phase and also ensure we should always accomodate our portfolio in such a way that our trades even in red should have some coverage in the account to bear losses and profit as well.

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March 23, 2018, 09:21:48 AM
 #165

If you cheking your blockfolio every hour or even every day - you are not an investor, but gambler. In this case sooner or later stress will hurt you or you will sell everything))
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March 23, 2018, 09:28:56 AM
 #166

To HODL it takes courage and a detailed knowledge about the coin you Holding to  avoid stress on your health as panic is stressfull, HODL altcoin you trust there vision in the crypto space.
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March 23, 2018, 03:51:49 PM
 #167

Don't take it seriously bro, once I heard in a seminar about the stock market that if you have faith and trust from what you invest in you should not worry about the price going up and down you should focus on your life and do things that will matter and don't give much of your time and attention on the price when it's going down because it can seriously change your peace of mind. So if the price goes down let it be, and come back and check it again when it's back on track.
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March 23, 2018, 04:04:30 PM
 #168

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

Stress ie bad for health. If HODLing gives you stress then maybe it's right for you to consider it. But I don't think HODLing itself can give you enough stress that would immediately affect your health.

It can be one of the factor but I think it will rather give you excitement anticipating the rise of bitcoin value than being stressed about it.
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March 23, 2018, 04:15:20 PM
 #169

No actually trading is bad for your health as it takes away your sleep and your peace of mind. But if you only hodl what you can afford to lose then there cant be a better thing then HODLing. HODL is only bad for those people who invest more than they should or people who buy from credit cards.

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March 23, 2018, 04:16:58 PM
 #170

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

I know that it will really dealt you a lot of stress because as a holder of bitcoins as well, i cannot see my coins melting its price but the good thing is that, you will not lose profit as you keep on holding because you need to believe that the price will still increase in the future so just keep your self calm down.
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March 23, 2018, 04:22:04 PM
 #171

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
B: yes. When bitcoin falls, you panic. What you need to do is to be patient, not to trade your bitcoin frequently, which will cost you more money. We may be under a lot of pressure, but we need to learn to relax ourselves.
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March 23, 2018, 04:24:01 PM
 #172

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
YEAH holding bitcoin is bad if you think aout yoru loss but if you hold it and dont see your portfolio and just check it after 2 or 3 years maybe your health will become more good if you see tha value of your money in the cryptocurrency or in bitcoin  hold is more goood than selling it like panic selling just hold and be strong justbhe patient.
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March 23, 2018, 04:26:34 PM
 #173

It is not bad on our health since it does not need a lots of effort. Only by keeping it and wait for the right time.
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March 23, 2018, 04:26:48 PM
 #174

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.
You got a point there my friend, don't hold if you can't risk some of your money, holding btc help you earn. If you can't handle it's risk then don't hold long term just wait till the price goes up a little from the money you just put into bitcoin. If you're stress then that means you're not ready to take risk of losing profit from the money you just bought into bitcoin. Being stress is normal for taking risk but you have to face it in order for you to get comfortable in your holding of bitcoin for future earnings. If your holding is long term then you need patience because patience ia a virtue.
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March 23, 2018, 04:27:39 PM
 #175

No. I think trading is actually bad for health, because you are always nervous and doubt about your decisions.
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March 23, 2018, 04:30:52 PM
 #176

HODLing is more ideal in a bearish market,not in a bullish market in my opinion.In a bullish market,you can make quick purchase and day trade it for marginal profit,at least that works for me.In a bearish market however,that may not be attractive or feasible as prices are falling.Every holders are persons who are very patient and believe  there will be a price surge later.So basically you buy at the bearish market and sells later on when the market recovers.Just be patient.It will pay-off in the long run.HODLers always win in the long run
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March 23, 2018, 04:36:29 PM
 #177

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
If you want a healthy life don't look on the market when it is bearish because your just going to look always in the market and you will be frustrate and you will have a lack of sleep and it will cause a depression, if you want to hold a coin then buy a coin that is good for long term and forget it until december so you will have a good future on it.
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March 23, 2018, 04:45:29 PM
 #178

HODLing is more ideal in a bearish market,not in a bullish market in my opinion.In a bullish market,you can make quick purchase and day trade it for marginal profit,at least that works for me.In a bearish market however,that may not be attractive or feasible as prices are falling.Every holders are persons who are very patient and believe  there will be a price surge later.So basically you buy at the bearish market and sells later on when the market recovers.Just be patient.It will pay-off in the long run.HODLers always win in the long run
Why bad for our health right? I don't think that it is bad for our health, but if you are looking at the price regularly of from time to time then that could make you toxic and stress which leads to detrimental to your health, so just relax and enjoy what you are holding, it will be all worth it.
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March 23, 2018, 04:46:40 PM
 #179

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
If you want a healthy life don't look on the market when it is bearish because your just going to look always in the market and you will be frustrate and you will have a lack of sleep and it will cause a depression, if you want to hold a coin then buy a coin that is good for long term and forget it until december so you will have a good future on it.
It's not healthy as you will add a lots of stress while seeing the bearish market, better to stay away if you really have some trust with your holdings,
trading always have ups and downs so before starting dealing with this activity, better to assure yourself that you already got a lots of knowledge
and patience to proceed, like what many said never to look when the market is falling to avoid doing mistakes and loses your investment.

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March 23, 2018, 04:47:38 PM
 #180

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/
Any investment is risky. So, investment will naturally enhance our nervousness as well as tension. Those who invest are strong and sound enough mentally to accept the risk of losing.Therefore if somebody go for continuous watch of the coin market and their price fall will feel worried. Thing to do is be firm to your plan and do not sell or watch market relentless at the bearish period.
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