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

[GoldenLad]

Not everybody is taking it cool like you are; Kudos to you.  I watch how quite a number of people open threads just to complain of how low and frustrating the recent price is going. I personally don't blame them because I have been in the same situation but glad i finally learned for i am hodling too. Though, i don't know about not checking the price; at least I still do that. Most times i check ones or twice a week and i think its good just to be on a safer side.

[BitcoinHodler]

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?

let's do a challenge
and i invite others to join also. we can be two groups.

one group will HODL bitcoin and call that "portfolio" and only trade altcoins for short term by joining their pumps and dump them before they get dumped.
and the other group HODL their bags of altcoins and call it "portfolio"

then lets see who will be worth more in long term. we can start with $1000 worth of investment.

[cryptobucs]

Very good strategy. Hoping you a great success in the future.

[Kidmat]

That's also a good decisions by not looking the price for the meantime. Everytime I looked into the price I had the attempt to sell, but the market these days are not good. I just hold mine for the reason's price may climb at any moment.

[Wilsonong222]

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 put some good money into this market. But I really believe in the technology, I really like it, I am even studying it. I am not worried.

We have the same thinking in terms of cryptocurrency. I also don’t look on the present price because I choose to hold my portfolio for the long term. Right now is the best time for buying more crypto because of low price. As of the moment trading is the most difficult task to do due to volatility. And because of this I will not suggest to do trading.

[Tactical Genius]

If you don't really need money urgently then of course there is no need to sell your portfolio just hold liked you are doing there are times I urgently need money which makes me sell some of my portfolios. There is good news for the markets as the G20 summit is about to begin.

[Kingofbitcoin12345]

That’s what a real bitcoin or crypto coin enthusiast must do.. Believe in it and trust it tell the end.. This is how we should teach for the new investors mentally/emotionally at this trying days and they should learn the strategy that profiteers is doing the right way.. Consider this as an advice,, but following is not mandatory and control over this decision is subjective..

[Theb]

It is a good thing that you are thinking positively about your investments in the cryptocurrency market, however you are wrong. You must care about the prices right now as even though you are looking to cash out your investments in the future you can still take advantage of the prices right now. And what I mean about that is you can do buy and sell, where you sell at its highest price and buy it again at a lower price. The effect is you are increasing your position as you are adding more and more quantities of cryptocurrencies in the process.

[brotherwood12]

nice decision of you , and i will try to do same thing , i hope i have enough brave to do that , im just going to invest my asset for 1 year i think and hope i can

[Biscutard]

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 put some good money into this market. But I really believe in the technology, I really like it, I am even studying it. I am not worried.

I found it funny when you shares your thought about of how you're going to handle your investment even if the odds are against it. I guess it will help you to get your pace back while practicing your patience to hold more longer, despite of this bearish type of market. Goodluck on that investment in a year!

[OMGyasuo]

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 put some good money into this market. But I really believe in the technology, I really like it, I am even studying it. I am not worried.

Indeed, many people invest in crypto for the sake of profit, not to the technology they own. And with a long term investment in crypto I'm sure you will not fail. I think crypto is the essential technology of the future.

[bitmover]

-snip
Maybe in next post you can also share your analyze that make you have powerful faith to hold? for knowledge only. I like people with faith, specially if they disciplines with their rules. Good luck with you.

I liked your question. I will try to answer it.

First, I wouldn't say its faith. I believe in the fundamentals.

I think there are 3 things that makes me feel comfortable now, even in a bearish market:

• 90% of my cryptocurrency portfolio is Bitcoin and Ethereum. Those are the market leaders. They cover the most promissory technology, the best teams, over 70% os market share. They are something like the blue-chips.
  I didn't buy some smallcap coins to pump 1000% in 2 months and now holding bags and praying.
  
  
  
• I only invested what I can afford to lose. I don't wanna lose it, but I am not over-invested. This is very important. I was over-invested once, and could barely sleep. Even believing in the fundamentals, this market volatility is too high and everyone has a limit. I am not in my limit, so I can live with this volatility.
  
  
• Long-term objective.
  In whatever market you are investing, even on a stock market, if you are on the accumulation phase, or if you are in for the long run, the best thing you can wish for is a bear market.
  But if you want to swing trade, if your goal is short-term, that's a different story. I am not a good trader, so I just hodl.
  

[milewilda]

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 put some good money into this market. But I really believe in the technology, I really like it, I am even studying it. I am not worried.

Im already coming to a point on where i have deleted already my app blockfolio on checking out prices since there are really coins which are really worth to hold on for long term and seeing them actively specially on reds will really tempt you out to sell out to cut loss.I know the feeling that you are really persevered but you cant avoid the times that you are too worried deep inside.

[supercanada1]

Very good strategy. Hoping you a great success in the future.

For me this is not a good thing to do because by this the frustration is visible from the statement and if at all some thing is frustrating you then it is better to stay away from that thing because ultimately you are pushing yourself to the loss. In dealing with the different coins in the crypto currency market, we have to be careful regarding every thing and every activity and we cannot let the luck to decide our fate in the market.

[Leonard2016]

If you have enough money or got another job to handle your life you doing something great , it is less stressful and you don't need to be worry about prices and checking them every day!

[7788bitcoin]

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

The price of ETH has taken a big dive in the past few weeks and with the correction in the entire market it is a good opportunity to invest for the long term,there are good tokens which could give you a good reap in the near future and i really think that this is the best period to invest,i am not asking anyone to invest all your money now,the market will go up and down till the regulations talks are finalized and during these periods is the best period if you wanted to make a portfolio of the best tokens.

[green547]

I do watch the prices daily because I do  alot of trading.  If you are a long term holder, there is no reason to constantly check the prices.  you will only be stressing yourself out.  Never panic, crypto is here to stay and can't be stopped.   the total market will be trillions in due time.

[SaShiRaJaVu]

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 put some good money into this market. But I really believe in the technology, I really like it, I am even studying it. I am not worried.

So what you are ultimately trying to tell ,are you shocked on seeing the price of ETH coming down by half in the past weeks or you are telling that you were here from the beginning and so you are holding plenty of coins at a cheap price and you wish to hold for the long term,but i do have a funny thought from your thread here,if you really do not bother about the current market why would you brag about it here,just to inform others you have a big portfolio .

[Granxis]

 

I do watch the prices daily because I do  alot of trading.  If you are a long term holder, there is no reason to constantly check the prices.  you will only be stressing yourself out.  Never panic, crypto is here to stay and can't be stopped.   the total market will be trillions in due time.

Long-term investments also involve some risks, as they are very profitable, and they lose their entire investment. For this reason, long-term investors should also check their investment on a daily basis.

[swissgang]

It is good for you, but if you had invested $5000 and now you have $1000, you probably care about the prices like other people. But I like your thoughts this is how the money is made.