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Topic: How to overcome the fear of holding? - page 26. (Read 4533 times)

sr. member
Activity: 630
Merit: 251
December 24, 2017, 10:38:20 AM
Grin The power of believing, we believe the price will grow in the future, then we will hold it.
If you want to hold it, then I guess this the right time as price is low and it will go back again. Just forget about the market till new year ever and after you will have your gift in your wallet by the first of January in 2018. It is very much likely that the price will go around 25k USD and the demand will go high after the Christmas. Exploitation of this situation can be a gift for the new year, and after that you can start trading for some time.
full member
Activity: 171
Merit: 100
December 23, 2017, 01:09:48 PM
The best thing that you can do in order to do not feel fear or just not feel tempted to buy when the storm is coming, is just to have your funds on a paper wallet, by this way, everytime that you want to buy, it would be difficult.
full member
Activity: 172
Merit: 100
December 23, 2017, 12:52:23 PM
This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
Aside from that what I am always thinking is setting my goal and focus on it, making sure that I can accomplish things especially my dreams not only for myself but also to my mom and my children, whenever I am thinking of them my fear of holding was disappearing.

That's the only thing that can make us handle the difficulties of holding our coins. Concentration, moral effect and others. All needed to have a strong mental situation for holding.
newbie
Activity: 27
Merit: 0
December 23, 2017, 12:16:28 PM
Just use money in the crypto market which you can afford to lose. That let´s me sleep well at night.  Wink
full member
Activity: 518
Merit: 101
December 23, 2017, 11:54:48 AM
This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
Aside from that what I am always thinking is setting my goal and focus on it, making sure that I can accomplish things especially my dreams not only for myself but also to my mom and my children, whenever I am thinking of them my fear of holding was disappearing.
full member
Activity: 518
Merit: 100
December 23, 2017, 11:44:49 AM
This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
member
Activity: 92
Merit: 10
"OPEN GAMING PLATFORM"
December 23, 2017, 11:35:28 AM
Just calm down your emotion, put all of your trust on your coin that you hold on. think about long time investment that will bring more profit for you.
newbie
Activity: 107
Merit: 0
December 23, 2017, 11:32:38 AM
For long-term investment good way is create conditions in which you do not need to often follow the price.
legendary
Activity: 1512
Merit: 1041
December 23, 2017, 08:14:54 AM
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 up to you how will you overcome your fear but me i was also scared before in losing money in this thing we always lose money we need to remember before we will pursue this thing we need to know that we can always lose money any moment and we should not be afraid with that because we can always win back our money it is up to us how we gonna win that back we just need to have a lot of source of income and do not stick in only one source of income.
The fear will always come initially, most especially for new investors. It is normal as you cannot see your investment running down without being scared.

Nevertheless, the main reason why we keep telling everyone to invest what they can afford to lose is so that they can at least be strong enough to withstand all the volatility risk that comes with bitcoin and once they understand that the benefit is in the future and not now, and then they will learn to hold without fear.
newbie
Activity: 91
Merit: 0
December 23, 2017, 07:51:49 AM
 Grin The power of believing, we believe the price will grow in the future, then we will hold it.
hero member
Activity: 3010
Merit: 666
December 23, 2017, 07:38:00 AM
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.
That fear will not help actually, we should be more strategic and never let our emotion dictate us on what to do, we should follow our decision based on our analysis and we have to be strong as the price could pump and dump but one thing we should bear in mind is that we also set our own target.
More knowledge would minimize the fear and we should continue to educate ourselves so in the long run we will be able to fulfill our expectations.
member
Activity: 630
Merit: 10
December 23, 2017, 07:10:01 AM
I also can't hold for a long time. Just enter the market and forget about it for a year,but keep in mind all passwords )))
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 23, 2017, 07:08:03 AM
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.
if you have trust with the coin that you been bought for then there is nothing to worried on it cause you trade your money and you know that it is in a good way so what would be the nest thing to do is you are able to make some study and you watch for it stay calm on a way.

   Fear of holding can not be overcame, what we can do is to be strong
and to try to chill out all good/bad news. When I gather enough of
everything I will disconnect myself from internet, I am here now and I
have more plans for future, but reading good/bad news inflict my mood
and couple times I was close to change my plans cause of current bad
situation.
   In the end everything is great, but this moments could cost me a lot.
Now I understand what is panic selling and that is our worst enemy.
member
Activity: 102
Merit: 10
December 23, 2017, 06:53:33 AM
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.
if you have trust with the coin that you been bought for then there is nothing to worried on it cause you trade your money and you know that it is in a good way so what would be the nest thing to do is you are able to make some study and you watch for it stay calm on a way.
newbie
Activity: 81
Merit: 0
December 23, 2017, 06:43:43 AM
If you're at a loss and holding, better make yourself busy doing other stuff rather than repeatedly checking your portfolio 50x a day.

I did the same thing a few years back. The paper loss started at only 10% which became 30%. Couldn't do anything else so I forgot about my account and logged back in 1 year later with only 12% losses left.
jr. member
Activity: 85
Merit: 1
December 23, 2017, 06:41:54 AM
If you're at a loss and holding, better make yourself busy doing other stuff rather than repeatedly checking your portfolio 50x a day.
hero member
Activity: 798
Merit: 500
December 23, 2017, 06:40:39 AM
First you should remember that trading with cryptocurrency isn't something that will make you rich over night.
If you want good profits out of your investment, you need to learn how to deal with ups and downs.
Bitcoin is a high volatility currency, you must have patience and wait longer for higher profits.
You must always remember that this cryptocurrency as a digital form it involves risks, as well as the process of holding it. But you have to earn what you want, if you like to have a high earning you gotta work for it and must face the risks involve in reaching it and be able to accept if you loose some and to make it as a lesson for the next time.
Anyone that understands the volatility risk of bitcoin and does not care about it will definitely overcome the fear of holding. There is no two ways about it, it depends on each individual and if they still believe that bitcoin is going to end up giving them all the functions they need.

The same way we can see bitcoin go up today, is the same way we can see it go down tomorrow. So the best is just to keep holding anyway knowing that a time will come that bitcoin will even find it hard to test the phase where you bought.

Well if we keep on holding while that bitcoin of your's after all sort of selling it and convert to cash went out stagnant, then maybe it's a good choice to hold it while price is still have a good potential to rise higher. If we fear sometimes while we hold our btc assets, I guess that's a normal scenario specially this currency was a volatile one and we really can't avoid emotional struggles. But all I can advise particular on those who are new in trading is, they shouldn't mind those speculations behind and must focus on their goals for long term bitcoin investments.
member
Activity: 136
Merit: 11
December 23, 2017, 06:34:57 AM
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?
Hold and hold if my hold is bitcoin, but for altcoin I also often cutlose it depends from my hunch and some information I get from group even though sometimes it is wrong, the price of cryptocurrency in the future can not know so naturally what you choose often happens.
member
Activity: 224
Merit: 11
December 23, 2017, 06:22:25 AM
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.
legendary
Activity: 1652
Merit: 1057
December 23, 2017, 06:14:57 AM
First you should remember that trading with cryptocurrency isn't something that will make you rich over night.
If you want good profits out of your investment, you need to learn how to deal with ups and downs.
Bitcoin is a high volatility currency, you must have patience and wait longer for higher profits.
You must always remember that this cryptocurrency as a digital form it involves risks, as well as the process of holding it. But you have to earn what you want, if you like to have a high earning you gotta work for it and must face the risks involve in reaching it and be able to accept if you loose some and to make it as a lesson for the next time.
Anyone that understands the volatility risk of bitcoin and does not care about it will definitely overcome the fear of holding. There is no two ways about it, it depends on each individual and if they still believe that bitcoin is going to end up giving them all the functions they need.

The same way we can see bitcoin go up today, is the same way we can see it go down tomorrow. So the best is just to keep holding anyway knowing that a time will come that bitcoin will even find it hard to test the phase where you bought.
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