How to overcome the fear of holding? - page 15.

ralph_0608

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Quote from: squatz1 on November 10, 2017, 04:57:04 PM

I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

so im almost doing the same on what you did but ghe difference only is i have funds for long term on my coins and i have funds for day trading in that way im able to earn few by day trading and if the coin collapse my day trade earnings can offset my loss for my long term. but every one has it owns strategy just find one that fits for your personality

criz2fer

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Quote from: crisanto01 on January 17, 2018, 10:54:46 AM

Quote from: pissyas on January 17, 2018, 10:36:21 AM

Holding is type of trading and if want to do holding trading and you have fear of holding then you need to judge previous history of what you are holding like bitcoin if the performance is increasing day by day then you don't need to fear such things for holding and this is the way that you can overcome fear of holding.

Just always look and imagine your future if you are having a fear in holding or investing in bitcoin, imagine what life you want to be? and if do you think that life you want to be can achieve with your just current job? of your job is not enough? if so, then don't ever make any hesitations, invest while you still have time.

Since all of my earnings in bitcoin and alts are from bounty campaign, I really dont fear on holding them because its an investment that I can afford to lose. The returns will be more higher if you just hold it but all of us should keep mind that making a target from your investment to your desire profit will be the best to harvest it.

crisanto01

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Quote from: sparg on January 24, 2018, 08:11:32 AM

I have that problem too. Primally i cash out because i want to buy some things in real life, ussually not things that i strictly need. Because they are virtual money i dont see the value as much as i see the value for the money that i work for. I`ve sold coins that got 100x after a year, i even sold ethereum for 30 $

) . But that is the game and i dont regret that much because finally all the money are for improving the quality of life. This year i want to buy a car with crypto and i intend to hold my portofolio till june even if i could buy one with what i have right now.
So my phylosophy is to set youreself some goals and cash out when you reach them because money are for beying spent.

Well, for me it doesn't matter since it is not too late to invest a new one, we can still earn if we will invest again, we still have ample to do that, besides we don't know the next thing to happen what if we hold for a bit waiting for a market rise and that time we really need money and the price continue to fall, then the tendency would be regretting ourselves for not withdrawing our money without any knowledge when it will fall or rise.

sparg

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I have that problem too. Primally i cash out because i want to buy some things in real life, ussually not things that i strictly need. Because they are virtual money i dont see the value as much as i see the value for the money that i work for. I`ve sold coins that got 100x after a year, i even sold ethereum for 30 $

) . But that is the game and i dont regret that much because finally all the money are for improving the quality of life. This year i want to buy a car with crypto and i intend to hold my portofolio till june even if i could buy one with what i have right now.
So my phylosophy is to set youreself some goals and cash out when you reach them because money are for beying spent.

azguard

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Look at this like on gambling addiction, ok maybe its good to compare them but honestly nobody is perfect and nothing is perfect. So little more self control and less worrying and everything will be fine. Every fear is something that need to be confronted so it can be solved this is the same only control yourself and you will be fine.

otunayode

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Honestly, it take a lots of practise and mastering yourself, your impulses and most of all been self disciplined and been resolute. All this attributes will not jump on you but by planning to do them is the only way to master them.

virasisog

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Quote from: therulemaster on January 22, 2018, 10:57:18 PM

When you invest your money into something, you have to be ready that you can lose it in the future, being scare to lose it only make your decisions becoming worst ( cause you're afraid of the loss and do not have balls to do anything ).

I agree to that once we say that investment it has a risk to lose it or to gain profits. Its like a real business just be it like gold, silver etc. This metals or minerals has been very useful and expect it to rise its price as we go. Think on it in some projects of a crypto in relation with its functional values that will integrate a great demand of use in digital currency.

The end its only my example and this enters overcoming the fear of holding because you already have a good vision and trust with its system in crypto. You can hold it in the future without worrying.

cheezcarls

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Looking for gigs

I can somewhat relate to this situation. I had some few good holdings right now, and yes they are going down. However, I am not worried because I know they will go up, up and up within this year.

I'm sticking to them because their project concept and roadmap is very clear to me, and I envisioned that it'll be huge and won't regret holding them despite the crash.

I usually have some mixed emotions during the crash, but I'm good with that. I just diversify my income streams, still earning with fiat currency lol. Cheesy

shan05

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In my case i am a holder because i want to see my coin bigger and bigger because i believe that if you are a holder there's a big chance to get a higher value of btc. to overcome the fear of a holder you need to accept the fact that sometimes we failed in life but no matter what happen just continue to rich your goals.

therulemaster

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When you invest your money into something, you have to be ready that you can lose it in the future, being scare to lose it only make your decisions becoming worst ( cause you're afraid of the loss and do not have balls to do anything ).

DevilSlayer

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Quote from: squatz1 on November 10, 2017, 04:57:04 PM

I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

They say that HODL is the key for us to become successful trader. I think it is true. I experienced to do HODL and earned big amount of money. Holding altcoin for a long time can help us to become rich.

rhodelmabanal

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It's a no fear for me because most of my colleagues are being safe in holding their prices. People are fear because they have no trust on some point. I know that they are first timers of this job so, they can't easily overcome fear. Most of the time traders are quickly sell their coins if they satisfied with the price. But always think positive to it in avoidance to fear.

boddy.dy

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To overcome fears we need is acceptance. If you will not accept all the facts in trading industry you will not be successful here. One of the facts that we need to put always in our mind is that we might lose some money here. If you are afraid to lose you can’t hold anything. The life in trading is like a roller coaster you will go in quick so high and go low in a blink you my turn upside down but you will not fell dizzy if you are prepare in you put unto your mind that this will be fun to you, so let’s enjoy trading and overcome our fears in order for us to be successful.

Bonakid

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Being a trader is hard to explain the feeling we encounter everytime its price value of coins that we hold on is going down.Sometimes you always have a fear in a coin you are holding of the price would go down immediately.We need to overcome our fear when holding a coin to avoid panic when its crashed.

SirLancelot

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Quote from: squatz1 on November 10, 2017, 04:57:04 PM

I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

Yes, it is some times hard to hold the money or coin if its values is rises a bit. But just put some target in your making about how much profit will be sufficient for you or make a time limit until which you will hold your coin it will surely help you in gaining good profit and also not being confused in what you need to do hold or sell. Just try to learn more and more about the coin you invest in and try to figure out when will it be the best time to invest and best time to sell also it will make you a smart investor and holder.

crisanto01

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Activity: 644

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Quote from: pissyas on January 17, 2018, 10:36:21 AM

Holding is type of trading and if want to do holding trading and you have fear of holding then you need to judge previous history of what you are holding like bitcoin if the performance is increasing day by day then you don't need to fear such things for holding and this is the way that you can overcome fear of holding.

Just always look and imagine your future if you are having a fear in holding or investing in bitcoin, imagine what life you want to be? and if do you think that life you want to be can achieve with your just current job? of your job is not enough? if so, then don't ever make any hesitations, invest while you still have time.

adrov

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Quote from: rejin29x on January 17, 2018, 06:23:29 AM

First of all all potential altcoin and token will always rise as time passes.but sometimes trader think by gaining small profit they should sell now to gain profit from other coin ,it sometimes backfire as coin pump after few days after you sell it then you regret for selling.so it is up to trader to hold or gain short term profit.

Yeah, we all been there

AdamRay

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To reduce your fear of falling coins, you should research the coin carefully before investing. If it is really potent investment then if you are not sure then you should not invest because if the market fell deep but you have researched carefully coin then you can confidently hold it but people If you have no information about coin then it would be a bad thing for your property.

pissyas

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Activity: 140

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Holding is type of trading and if want to do holding trading and you have fear of holding then you need to judge previous history of what you are holding like bitcoin if the performance is increasing day by day then you don't need to fear such things for holding and this is the way that you can overcome fear of holding.

bealjulian

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Activity: 238

Merit: 10

As long as a coin has potential with a good product and team, then the best is to keep holding.Most coins will never remain the same way at least in the next few years and depending on how long the holder is planning to hold for, staying out of the charts sounds a lot better.

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