Topic: How to overcome the fear of holding? - page 27. (Read 4505 times)
There will only be fear of you failed to trust and execute your trading plan. Even worse if you didn't have a plan.
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.
Yes, which is the reason why no one should really bother what, could be happening at the moment and as long as what you are holding is not those set of shitcoins, then you will always make the best decision by holding.This is a market that everyone knows it is volatile, and letting that overcome you or letting the fear of the volatility get you emotional, then you will end up making a lot of mistakes when you see the value rising to the top later in the future. As long as a coin has potential with a good product and team, then the best is to keep holding.
i think when we choose to get involve in this cryptocurrency, we must have the brave and a clear mind in any decision, because holding can be a heart attack, we will never know what can really happen with the coin when we are holding, the scarest and hardest part is when the price drop, we must make decision to cut loss or keep waiting.
I think the best way is that you have to prepare a good strategy for each coin. After that you have to follow the market 24/24 to catch information soon.
The thing is that you can prepare a good strategy if you are not a trader. As long as you know the coin you are holding has a good support and in the long run can give you great profit, then there is really nothing to worry about. You should only be worried when you are holding a shitcoin. In fact, you should be more than worried and sell off immediately if you do not want to end up being a bag holder. However, anyone holding should know better to do some good research on any coin and forget whatever the outcome could be like presently and focus on the future of the coin.
As at the time I read the article you then rate Bitcoin is falling quickly, making those investments as well as holding Bitcoin become confused, anxious not know whether to sell Bitcoin or holding and pending rate increase come back. But if you have good knowledge of cryptocurrency you will recognize an impairment of Bitcoin at this stage is temporary, and if you're holding Bitcoin then firmly and wait until the price of Bitcoin rose strongly again in early 2018.
To overcome the fear of holding a coins just always see the update or news about a your holding coins and share to your other friend what is the benefit to hold like your coins.
I think the best way is that you have to prepare a good strategy for each coin. After that you have to follow the market 24/24 to catch information soon.
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?
Profit will always be a profit even if sell it earlier. By trading you can learn a lot from experience. Try to hold some of your alts that has potential growth. You can earn a lot from them. You should also use different strategies and don't be afraid to risk some of your earnings once you have learned trading.How do you traders do it, hold and hold and hold. Waiting around for more and more money?
I'm not an expert trader so I also tend to be a bagholder most of the time. What I can suggest with regards to your question is to just believe in the project! Seriously, no one knows what will happen to crypto in the next few years. It's a make or break situation as mostly all of the current crypto projects are either in speculation or still in a very early stage of development. Take a look at DeepOnion for example. I have been into the airdrops trying to get some coins for free, but upon digging deeper it showed a potential promise of being a top performing coin as they have a very good community, active developers and top-notch features. The price went up to 5USD, and went back below 1USD (imagine that drop), and if I wasn't a believer of the coin, I could have sold everything I had. They are still to release their most awaited feature called "DeepSend" and it's a no-brainer fo rme to HODL this coin in the long term.
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?
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.
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. 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.
Holding bitcoin is one of the dangerous decision we been made because it is like gambling, we need to trust to the coins we been choose to invest. I guess we will overcome our fear in trading if they invest and set period of time before they withdraw.
For example invest BTC1 for 5 years, let bitcoin fluctuates bitcoin in our account without knowing. Because if they visit it daily or weekly they will notice that it will going down and growing up. So tendency they were panic.
But if they hold it we were notice that on 5years bitcoin will earn much income, due to accumulate increasing of this coin in crypto currency industry.
Even in justva year you'll definitely see how you'll earn on it, having btc now or much better even before can definitely make a great impact on the profit you can gain as time passed by. For example invest BTC1 for 5 years, let bitcoin fluctuates bitcoin in our account without knowing. Because if they visit it daily or weekly they will notice that it will going down and growing up. So tendency they were panic.
But if they hold it we were notice that on 5years bitcoin will earn much income, due to accumulate increasing of this coin in crypto currency industry.
I think its better to holding bitcoin than altcoin because the increase or decrease is really painful in the altcoin and sometimes the price can go down too far. but I admitted that holding bitcoin can make regret because no one knows when the price reaches the high price and when the price is down. but at least if we can hold bitcoin, the price will increase significantly so, in the end, we could still make a good profit although we need to wait for a while.
Holding bitcoin is one of the dangerous decision we been made because it is like gambling, we need to trust to the coins we been choose to invest. I guess we will overcome our fear in trading if they invest and set period of time before they withdraw.
For example invest BTC1 for 5 years, let bitcoin fluctuates bitcoin in our account without knowing. Because if they visit it daily or weekly they will notice that it will going down and growing up. So tendency they were panic.
But if they hold it we were notice that on 5years bitcoin will earn much income, due to accumulate increasing of this coin in crypto currency industry.
Even in justva year you'll definitely see how you'll earn on it, having btc now or much better even before can definitely make a great impact on the profit you can gain as time passed by. For example invest BTC1 for 5 years, let bitcoin fluctuates bitcoin in our account without knowing. Because if they visit it daily or weekly they will notice that it will going down and growing up. So tendency they were panic.
But if they hold it we were notice that on 5years bitcoin will earn much income, due to accumulate increasing of this coin in crypto currency industry.
Holding bitcoin is one of the dangerous decision we been made because it is like gambling, we need to trust to the coins we been choose to invest. I guess we will overcome our fear in trading if they invest and set period of time before they withdraw.
For example invest BTC1 for 5 years, let bitcoin fluctuates bitcoin in our account without knowing. Because if they visit it daily or weekly they will notice that it will going down and growing up. So tendency they were panic.
But if they hold it we were notice that on 5years bitcoin will earn much income, due to accumulate increasing of this coin in crypto currency industry.
For example invest BTC1 for 5 years, let bitcoin fluctuates bitcoin in our account without knowing. Because if they visit it daily or weekly they will notice that it will going down and growing up. So tendency they were panic.
But if they hold it we were notice that on 5years bitcoin will earn much income, due to accumulate increasing of this coin in crypto currency industry.
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?
Traders focus on the market 18-22 hours a day. They don't just put their money on the market and forget it. Traders always hold and sell when the market starts misbehaving buy later when the market settles at the lower price. How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Well holding is just like saving maybe yo overcome fear of holding is quite different from investing saving is really nothing to be fear about because it has a big possibility that we can earn through holding specially in bitcoin .maybe people who fear in holding had doesnt much experience on crypto curency and maybe they dont have enoughf experience on it .
It is a good point to think about your earning and possible profit in the future. Because it could give you more time and way for you to think on earning more mad have a good time on investing and saving. We could hide the fact the Bitcoin could serve as a good opportunity for us to earn and to have a good way on earning so we should always be futuristic in terms of earning and dealing with holding. 
If you have a stable financial situation at the moment and really don't need the money from your cryptocurrencies, this is a good reason to keep holding.
The feeling of the loss in dumps is really bad but is temporary, but usually is permanent when you sell your currencies without a good reason.
The feeling of the loss in dumps is really bad but is temporary, but usually is permanent when you sell your currencies without a good reason.
I think you should think of how much income/ profit you can earn from bitcoin if you hold your bitcoin for a long term. At first you should invest an amount of money that you can afford to lose so that you would not feel afraid that you might lose everything when the price is going down. Just ignored your investment so that you would not think to sell your bitcoin when the price is falling down.
Fears are the most scared experiences that most of us have to been through . But it if you made it, it will be the most valuable lesson for you to become success.
Yes it is right, you need to overcome your fear before you become successful on everything you do. In terms of Bitcoin, you need to have a positive thoughts about holding your coins, if you see that the value of Bitcoin is dropping, don't be scared, you need to wait because it will increase soon.
The best way to pass the fear of holding is preparing knowledge carefully and practicing them requently. If you get success few times, you will be more confident
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