Hello.. Nope it doesn't affect your hormones nor does it affect your beard growth.. masturbation is absolutely normal unless it diruots your daily life or routine  or your married life...Thank you...

for masterbation: You must understand that excess of everything is bad. Same is true with masturbation. Control masturbition. Dont do more than a once in a week otherwise it may cause some weakness. You may take cap. Shilajit & tab. Chandraprabha bhati. One tab. Each morning & evening & also take dhatu paushtik churan one spoon morning & evening. All 3 with hot milk for 3-4 months.

Not at all. Yoiu can masturbate as per your desire. It dosent have any side effects.