Topic: How to overcome the fear of holding? - page 20. (Read 4533 times)
Just chill. You should never panic and be positive always. As long as you know the coin you bought has the potential to boom in the future. It's no problem. Just patient, you must do other things so that you can't panic when it dumps.
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?
For some time now I have learned that this market is so volatile that I do not think it worthwhile to fall in love with the idea of "holding", because I believe that we should be practical and secure the benefits before thinking about becoming rich, as something that characterizes to this market is the high volatility and uncertainty, so from a conservative point of view, nothing guarantees that within a year any currency will increase its value x100. How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Staying calm and being patient is a good attitude to overcome fear especially in trading. Being able to see good in bad thing are always nice to do, example if the price had dipped big. It is better to think positive than negative thoughts.
We have to always stay calm and have more patience in trading. Not all the time it will be in green, some trades will be in red mark. As long as you make the analysis in the coin you are holding, there will be a time for bounce back when it dumps.
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?
Don't be afraid,always think positively about the coins we hold and stop to read any news relatedHow do you traders do it, hold and hold and hold. Waiting around for more and more money?
just believe if the coins you hold will grow in the future
For me, one of the key to overcome the fear is by enhancing your self confidence. Beacuse, only yourself is your enemy in terms of fear. By having a self-confidence, you can overcome your fear of holding because you are the one who will decide if you will trade it now or later. Another is accepting the fact, because if you trade it lower than it gets higher in the future, you will only need to accept the fact that you didnt take that opportunity.
If you really believe in the project there is nothing that comes between your motivation and selling your good coins, there are some real solid projects that you need to hold on to, one of my very big bags is VEN/VET, it is one of the best if not the best project out there, huge partnerships and many usecases, I am convinced it will reach at least a 3 bil marketcap in the coming months, one of the better ICOs and projects yet to come is Daneel.io, I love the idea behind it and I think it will be a huge benefit in cryptoworld.
Yes, your belief in a project is what would make you to be rest assured that you are making the right decisions and also give you the assurance that you are not going to be losing anything while holding the coin for a long term.Some of the coins in the next few years would not be the same thing as they are today which is something to have a rest of mind, that looking back, every good coin, always end up getting huge.
Some times back, I used to experience huge fear of holding, but with experience, when I understood that there is really no point being scared as the coins will still get pumped and rise back up, then I see it as a way to encourage myself whenever anything is happening to any of the coin I am holding and over time, I got used to that fact that whatever goes down, will still come back up. I am holding for now and I have no plan to sell soon anyway.
If you really believe in the project there is nothing that comes between your motivation and selling your good coins, there are some real solid projects that you need to hold on to, one of my very big bags is VEN/VET, it is one of the best if not the best project out there, huge partnerships and many usecases, I am convinced it will reach at least a 3 bil marketcap in the coming months, one of the better ICOs and projects yet to come is Daneel.io, I love the idea behind it and I think it will be a huge benefit in cryptoworld.
Yes, your belief in a project is what would make you to be rest assured that you are making the right decisions and also give you the assurance that you are not going to be losing anything while holding the coin for a long term.Some of the coins in the next few years would not be the same thing as they are today which is something to have a rest of mind, that looking back, every good coin, always end up getting huge.
Some times back, I used to experience huge fear of holding, but with experience, when I understood that there is really no point being scared as the coins will still get pumped and rise back up, then I see it as a way to encourage myself whenever anything is happening to any of the coin I am holding and over time, I got used to that fact that whatever goes down, will still come back up. I am holding for now and I have no plan to sell soon anyway.
The power of believing, we believe the price will grow in the future, then we will hold it.Your coin is going to further increase in value and you just need to be patient with it. Just try to stay positive for positive results.
You can simply investigate the portfolios of your friends. Some of them probably made crazy returns and you can see their roadmap, how they could hold all of them without selling etc. This will help you be motivated.
dont check price everytick. that is my exp. You need to forget about it about your money and wait till news tell about your coin
I can tell you, you are not the only one in this situation. It happens to a lot of people, almost all the time.
The key is to have a TESTED CASH OUT STRATEGY, and stick to it.
It does not matter if you would have gained more. Because on the flip side of the coin, you could have also lost more.
The key is to have a TESTED CASH OUT STRATEGY, and stick to it.
It does not matter if you would have gained more. Because on the flip side of the coin, you could have also lost more.
The power of believing, we believe the price will grow in the future, then we will hold it.Your coin is going to further increase in value and you just need to be patient with it. Just try to stay positive for positive results.
How to overcome the fear of holding? I will say good knowledge will cast away all fears! People usually fear what they don't know. As soon as what look mysterious come to light and you see why holding is such an important decision to make, you will start holding like champ!
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?
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Nothing wrong with that, the purpose of investment is taking profit. As long as your position already profitable, then sell it.
One way to avoid this problem is hold half of your Bitcoins and altcoins long term and don’t sell them at all for 5 years. Then use the other half for trading.
One thing I have done when trading is when you sell, don’t sell all at once. Place a sell order for part of your investment and then wait to see what happens before you make a decision on the rest. I do the same for buying. I buy with part of my fiat, then wait to see if the price drops before buying more. This way you leave yourself some leverage to react to the next market move.
One thing I have done when trading is when you sell, don’t sell all at once. Place a sell order for part of your investment and then wait to see what happens before you make a decision on the rest. I do the same for buying. I buy with part of my fiat, then wait to see if the price drops before buying more. This way you leave yourself some leverage to react to the next market move.
Nice advice man! i never thought about that. I'm usually sell the whole bags, and never hold even half of my coins.
Have your own plan for holding rates. When you are profitable, keep your interest. It is also possible to divide the capital into several parts, one for long term and the other for trading.
That's a good advice, do not go all in or put your eggs in one basket because you never know what will happen, we are just predicting in trading and investment and we could make a wrong decision that might disable us if we do not manage our money very well. For me, I made sure I have a long term and short term investment and all my funds are properly manage for both as I know I am not perfect in predicting.
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?
Its just a matter of trust to the coin you invested.How do you traders do it, hold and hold and hold. Waiting around for more and more money?
If you really have a confidence that your coin has a capability to duplicate.
Then you dont have to be worry because it can handle itself.
Aside from that maybe some trader are always have a back.up that will serve as their provider if ever that the coin they invest with was not successful.
That how they wise in deciding about their money.
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?
It is true that you say that we trade in the crypto world is not as easy as you imagine there must be anxiety and anxiety, if I think to calm down first "be patient" do not be too quick to make a decision, after you buy stocks at low prices and leave a few months or year and listen to the news when the price rises sharply then you sell it, this is what will benefit greatly, while waiting for other activities. How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Have your own plan for holding rates. When you are profitable, keep your interest. It is also possible to divide the capital into several parts, one for long term and the other for trading.
That's a good advice, do not go all in or put your eggs in one basket because you never know what will happen, we are just predicting in trading and investment and we could make a wrong decision that might disable us if we do not manage our money very well. For me, I made sure I have a long term and short term investment and all my funds are properly manage for both as I know I am not perfect in predicting.
I think there is no way to overcome it, all you need is to find a reasonable balance between and everything will be just fine. Wish you the best.
What is the point of being scared? Honestly, it does not make sense in the first place. Does fear helps in any way? I don’t think so. It only worse things. In order to conquer your fear you need to face it, do exactly what you are afraid of and you will discover the reality of that particular. This is what I have learnt from my life. As far as someone is holding bitcoin, I have a good news for him. He must not get afraid because Bitcoin doesn't betray.
Have your own plan for holding rates. When you are profitable, keep your interest. It is also possible to divide the capital into several parts, one for long term and the other for trading.
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