I don't care about the price now. Nobody knows how much my portfolio is worth

[otunayode]

Using price alone to determine how well your holdings are doing will not be an accurate assessment of your holdings. Sometime, it is good to focus on the technical or utility of your asset rather than price in order for you to be able to see the maturity of your holdings!

[imstillthebest]

Using price alone to determine how well your holdings are doing will not be an accurate assessment of your holdings. Sometime, it is good to focus on the technical or utility of your asset rather than price in order for you to be able to see the maturity of your holdings!

Using price alone to determine how well your holdings are doing will not be an accurate assessment of your holdings.

Why not? price do not lie because they measure how big or small your asset can be and i guess we still need to look on the price to decide if we are now ready to sell or not.

Sometime, it is good to focus on the technical or utility of your asset rather than price in order for you to be able to see the maturity of your holdings!

You cant be able to see the maturity of you holding if you arent looking at the price . although looking at the purpose or technical side of your asset is also a good idea before you decide to buy and invest on them because choosing the right coin is always better than choosing a random one.

[FUD Expert]

Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.

[lotfiuser]

now we are in a middle of a game or we are the player on the game that getting controlled by someones who we dont know the market is over controll and its playable

[hoavantathan]

it is a great time to buy ETH now. you can buy ETH for invest some projects or hold until the highest price. it's a good strategy

[wxa7115]

Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.

Panic selling does not solve anything but it seems those people that do it are unaware of that, they are only driving the price down for everyone else but at the same time they are giving away their bitcoin to the whales which only become bigger as time passes, they do not understand that if they just held their coins by the long term they will recover their losses and more but if they like to lose money that is their call.

[nazaididuan1]

HODL is a very difficult thing! Blockchain is a great technology that will affect human life in the future!
The cryptocurrency will change the financial order in the future. The future of cryptocurrency is worth waiting for!

[avonka]

I like the idea of long term holding, but my advice is to monitor the markets as nowadays investing in Crypto is a risky business and there is possibility for your coin to go to near to zero. I believe in the blockchain technology as well  and I am sure some coins will be worth a fortune in couple of Years.
The market will decide which ones  and this is why we have to be informed what is happening to make good decision and jump on the train on time.

[TheNextChampion]

As a long term holder, i don't care if my investment goes down as long as i know the news and update regarding my investment to make my move. The sure thing i do is bought at lower price if some of my investment get low in price to accumulate more. Then i always stop seeing the price every hour now.

[chocolah29]

I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

Good for you brother and how very optimistic of you in this world full of weak hands. And actually not looking at the price can help us not to get panic and worry that can lead to panic sell. And in that confidence it seems you have some promising coins with you that gain your trust enough. Would you mind sharing those coins you hold?

[samcrypto]

As a long term holder, i don't care if my investment goes down as long as i know the news and update regarding my investment to make my move. The sure thing i do is bought at lower price if some of my investment get low in price to accumulate more. Then i always stop seeing the price every hour now.

The only thing that matter is the decision that we will be made along the road. We must keep focus and not to be distracted, I don't trade much and I just want my money to grow over time. We are not trading to impress everyone here, we want to earn money base on our hard work and studies about coins.

[BitHodler]

As a long term holder, i don't care if my investment goes down

It depends for me though. There are moments where I completely disregard the market, but in some cases I have to keep an eye on it in order to benefit from dips, and from time to time the dips are actually worth buying.

I know the long term price will increase, so why should I not put more fiat to work and have an even better return later on? Fiat in current low interest times is worthless when it's not doing anything.

With that in mind, and potential economical difficulties we may be facing in the coming years, it would be pretty stupid to not act while the opportunity is here for everyone to use. It's just a matter of logical thinking.

[redsun114]

Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.

Panic selling does not solve anything but it seems those people that do it are unaware of that, they are only driving the price down for everyone else but at the same time they are giving away their bitcoin to the whales which only become bigger as time passes, they do not understand that if they just held their coins by the long term they will recover heir losses and more but if they like to lose money that is their call.

I don’t really think so that remaining unaware of the things which happen in the world of the crypto currencies especially when you talk about the market value of the crypto coin is a very good thing to do. Even if you are not willing to sell your crypto coins, you must be sure that you are having the latest information so that you can further plan the things accordingly to have a better earning.

[wxa7115]

Correct. If you have strong faith on the technology of blockchain, you will know that you will get insanely rich at end just by holding continuously. We will laugh to those panic sellers who are only for a short period while we are driving a collection of our lambos in the future.

Panic selling does not solve anything but it seems those people that do it are unaware of that, they are only driving the price down for everyone else but at the same time they are giving away their bitcoin to the whales which only become bigger as time passes, they do not understand that if they just held their coins by the long term they will recover heir losses and more but if they like to lose money that is their call.

I don’t really think so that remaining unaware of the things which happen in the world of the crypto currencies especially when you talk about the market value of the crypto coin is a very good thing to do. Even if you are not willing to sell your crypto coins, you must be sure that you are having the latest information so that you can further plan the things accordingly to have a better earning.

I never said anything about being unaware of the market, I said that you need to hold your coins for the long term and nothing more, personally I do not think that if you are a long term holder you need to check the price every hour as long as you check the price of your investments once everyday you will be fine, unless you invested in an ico or something like that because there are some coins that can move very abruptly and you need to watch them all the time.

[DaddyMonsi]

I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

At least let someone know that you have an active investment so that if anything bad happen to you. You don't need to go into details. Someone can recover what you have left behind. Your investment will go to waste if no one can recover it and use it for what ever purpose. Consider it as something that a loved one can inherit.

My wife knows that I have Bitcoins but she doesn't know how much its worth now and many. All she knows is I have a Bitcoin. I have a book that contains passwords and instructions on how to recover those coins. Its up to her if she wants to recover it now while I'm still around.

[DiabolicAnt]

I believe that’s fair. It’s a good decision because you can keep your mental health good by doing so. I think that looking at the price of your portfolio on the every day basis may affect your nerves so you may start suffering from them.
It’s also a good strategy to learn about prices once in a while though, just to keep yourself aware.

[vinbentrob]

Been overtly concern about price of bitcoin or Altcoin is a faster way to lose on opportunity that may bring you profit you never could imagine.  I think it is easier not to keep checking on bitcoin price,  it will save you time and you will worry less!

[wxa7115]

I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

At least let someone know that you have an active investment so that if anything bad happen to you. You don't need to go into details. Someone can recover what you have left behind. Your investment will go to waste if no one can recover it and use it for what ever purpose. Consider it as something that a loved one can inherit.

My wife knows that I have Bitcoins but she doesn't know how much its worth now and many. All she knows is I have a Bitcoin. I have a book that contains passwords and instructions on how to recover those coins. Its up to her if she wants to recover it now while I'm still around.

This is important and one of the greatest problems with cryptocurrencies, the risk of losing your money if something happened to you and you do not leave detailed instructions about how to recover those coins is great but at the same time if you give those instructions away and the person you give those instructions decides to steal from you that person can do it with impunity.

[avonka]

The same here, not checking the portfolio all the time. Bearish market will end at some point  and waiting for it with patience. The fundamentals has not changed it is a normal correction. If we were accepting half Year long parabolic rise we also have  to accept declining market as a normal part of the business.

[jonland22]

I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL

Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?

I really believe in the technology, I really like it, I am even studying it. I am not worried.

Not checking portfolio right now is a wise move since it can affect our decision but atleast consider the gains you will earn once a bull run start, who knows if you hold it for a long time you might miss a lot of gains.