How to overcome the fear of holding? - page 28.

milewilda

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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?

Situations of hodling would really entirely depending on what coin you are holding too because not all of them do have potential to rise up on big multipliers for longer terms this is why dont get upset on missing out possible big profits as long we did able to make profits or not having a loss then its still a good deal. If you do really feel stressed out then better to start on holding alts that you do own but remember that not all would really rise up.

sopromat

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If you are afraid of holding, then do not hold anymore, just sell all your coins right now because it means that yo do not have stomach to see your money going down..
Just leave the market, it is not for you.

xPPx

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Zoom out and look at the returns for HODLing for 5years/1year/6months...

ngacengan

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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?

to solve this problem we seem to have to be more patient to wait and choose to play long term, because if only play short term it will be like this again. just stay save and play to another coin.

Herressy

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Quote from: KeithBeeCham on December 21, 2017, 11:44:36 AM

Quote from: Wish 107.5 on December 21, 2017, 11:23:32 AM

Quote from: deniskiely on November 23, 2017, 02:25:32 AM

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.

LOL. If you're a holder and always nervous about the price of cryptocurrency that you're holding can be dumped I think it'll be terrible. LOL. When you hold a coin, you must believe in your coin and understand about it. You should know the potential of the cryptocurrency you're holding, it'll help you a lot, you'll never feeling nervous although the price of cryptocurrency you're holding dumped a lot

Yeah i agree, before you hold you should know first about the coin or about the project to understand about the coin you wanna hold, it helps you not to be scared because if you know the potential of your coin you don't need to be nervous because you know you got the profit if you still keep holding.

Herad Hedid

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Quote from: KeithBeeCham on December 21, 2017, 11:44:36 AM

Quote from: Wish 107.5 on December 21, 2017, 11:23:32 AM

Quote from: deniskiely on November 23, 2017, 02:25:32 AM

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.

LOL. If you're a holder and always nervous about the price of cryptocurrency that you're holding can be dumped I think it'll be terrible. LOL. When you hold a coin, you must believe in your coin and understand about it. You should know the potential of the cryptocurrency you're holding, it'll help you a lot, you'll never feeling nervous although the price of cryptocurrency you're holding dumped a lot

and if you get doubts about your holding just read the whitepaper again read articles, blogs and so on. If you think it's not worth it and you can still sell with profits it isn't that bad.

KeithBeeCham

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Quote from: Wish 107.5 on December 21, 2017, 11:23:32 AM

Quote from: deniskiely on November 23, 2017, 02:25:32 AM

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.

LOL. If you're a holder and always nervous about the price of cryptocurrency that you're holding can be dumped I think it'll be terrible. LOL. When you hold a coin, you must believe in your coin and understand about it. You should know the potential of the cryptocurrency you're holding, it'll help you a lot, you'll never feeling nervous although the price of cryptocurrency you're holding dumped a lot

Wish 107.5

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Quote from: deniskiely on November 23, 2017, 02:25:32 AM

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.

Bellator

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Quote from: eternalgloom on December 21, 2017, 11:07:14 AM

It's pretty easy if you use the timelock function on a transaction, so you can't spend it before a certain date or block height.
The downside of this is that you really can't access your coins if you suddenly want to sell.

This is a great method for people who are having trouble controlling themselves.

That's really a trouble mate if most of the people wanted faster profit, and for me my suggestions is being a trader we should be able to learn how to put patience on all that we do specially by the time you are starting to panic. Those people who feared a lot while holding has to overcome it because in a long run regrets might be our nightmare. Basically having no buffer of funds is one of the reasons why these traders will really grab the opportunity to sell their holdings in an earlier time, and doesn't care for whatever profit may still be reached in the future.

eternalgloom

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It's pretty easy if you use the timelock function on a transaction, so you can't spend it before a certain date or block height.
The downside of this is that you really can't access your coins if you suddenly want to sell.

This is a great method for people who are having trouble controlling themselves.

RealPhotoshoper

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Quote from: tanghere02 on December 21, 2017, 09:32:08 AM

I think one way to overcome the fear of holding is to not look at your holdings all the time and just set yourself a limit on when you check your holdings within a week or within the day. And remember always that it is all in your mind, you can control yourself but you just have to set yourself also some limitation.

Yeaaa that's really true , when you look at your investment and it get dropped.
You will have a desire to sell it immediately because of the panic attack , don't do that i suggest about that too.
Just set a goal and stick on it , believe me holding with full of patience won't let you down.

budz0425

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Quote from: tanghere02 on December 21, 2017, 09:32:08 AM

I think one way to overcome the fear of holding is to not look at your holdings all the time and just set yourself a limit on when you check your holdings within a week or within the day. And remember always that it is all in your mind, you can control yourself but you just have to set yourself also some limitation.

Just let it there, don't always look at the price of the value of your earning and always computing how much profit you have earned, because when you do you will have a panic selling whenever you see that your should be profit is decreasing, as per me I just let it in my wallet and just visiting it once a day but not from time to time.

tanghere02

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I think one way to overcome the fear of holding is to not look at your holdings all the time and just set yourself a limit on when you check your holdings within a week or within the day. And remember always that it is all in your mind, you can control yourself but you just have to set yourself also some limitation.

jaka331

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Do not check prices every hour haha. If you invest in a project long term it means that you have researched it and came to a conclusion that it will pay off. Dont invest more than you can afford to lose. Diversify portfolio to long term and short term coins.

P3

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Quote from: entrepmind23 on November 21, 2017, 11:29:56 PM

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?

You just decide if what are the coins you intend to hold for the long term and for the short term. If you intend to hold the coin for the long term then don't waver even if the price goes down because it will just go back up or you can buy more of it to average down. If you bought a coin to profit for the short term then you can just set a target price to sell or stop loss price if it goes against your trade and if you feel that it has more room for the price to increase then set a trailing stop loss to lock in your profit. Just follow your strategy and stick to it and then adjust if its not effective anymore. You cannot always buy at the bottom and sell at the top.

If you want to become a success trader then you need to be a quality of good risk taker because trading is the other name of risk and in trading when you can take risk then you can become more confident about your work and when you are confident then you will have no fear.

@prashant

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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.

ctrlaltdeluge

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Quote from: -Redacted- on December 06, 2017, 07:21:13 AM

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?

try to be more patient. Obviously, you lost a lot of money due to the fact that you was very worried about any jump in the market. you should learn better the trading, and become wisely dispose of the investments Wink

Your heart not gonna let you there patience with the fucking dump from sharks or whales. It's better is don't look at the news, don't search the price just let it there.

obinine

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Quote from: terrific on November 21, 2017, 10:56:19 PM

Quote from: shintosai on November 21, 2017, 01:16:35 AM

Quote from: terrific on November 21, 2017, 01:07:27 AM

Quote from: NavySeals on November 20, 2017, 02:50:57 PM

Quote from: terrific on November 20, 2017, 09:45:35 AM

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?

I've been there and it really makes me feel worst if I'm riding those hype makers and just suddenly sold the bitcoins that I hold out of the thinking that it won't go up again. I know it's really upsetting and makes you feel bad but charge to experience. How many times do you think you've done that? In my case, I did that for so many times and by mid year of this year when I saw potential growth of bitcoin, what I do now is I just keep on holding and holding.

It's not that hard, the moral aspect of the situation is important. Everything goes on in our brain. If we can control our brain, we can make ourselves be ready for holdin, selling, trading, mining. Anything you want. Saying this as a holder.

How can you control your brain? I've seen many people that are keep on saying that "control yourself" , "control your emotion" and now "control your brain". In reality, when you are in the situation of you are witnessing in front of your eyes that the coin you are holding is dumping, you can't the pressure. You will think about only your losses and will forget about the long term plans that you have set.

quite true mate its really hard to do dealing with your emotions, especially when you are witnessing the event, that's the reason we needed to have
enough knowledge with the current situations, so when the trend is falling and we are knowledgeable enough that it will just a temporary movement
then we can skip that first and leave it as we knew that it will bounce back and gains will be ours.

Dealing with emotion is the hardest battle that we can be with. If you know the sayings about the hardest enemy is ourselves. Overcoming the fear of holding is one of my weakness before and I can say even up until now. I used to be a weak hand but I'm doing my best just to keep on selling at the peak and gain some profits. But if you do really want to overcome holding one thing you can do is set an amount on what's your preferable gain price for bitcoin or altcoin you hold.

Trading is the second name of risk and if you are good player of risk taking then its means you are a good trader also because if you are taking risk then you are confident level be high and if you are confident on your work then you will never fear from loss and this will make you success.

obinine

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Quote from: katiecbell on November 29, 2017, 06:22:18 AM

Quote from: Soots on November 25, 2017, 01:16:48 AM

Quote from: michellee on November 23, 2017, 03:08:49 AM

holding is good especially if we are holding bitcoin but altcoin can be a good idea to hold if we can buy at lower price. but sometimes we are too greedy when we see the price is increase fast and we are not selling because we want bigger profit. if we do this, then i think our chance will loss so we can not sell to make profit. but if we don't want to be worried for holding altcoin then i can suggest to you to sell it right away if the price is increase so you can get your money back plus your profit.

The value of bitcoin and other cryto currencies are unpredictable, you should always monitor its value from time to time. Some of it may increase and some of them will decrease. Absolutely correct, sometimes our greediness may lead to the loss of our chances to have a good profit. We we're trying to wait its value getting high, if you feel its value is quite enough its time to sell it as soon as possible.
In order to overcome some of fears in holding be contented if you feel its a right time to sell to have a good profit. I believed that there is another chances to gain more profits from other crypto currencies which you try to hold.

There is nothing we can deny about that all of us actually have a fear of losing their money once they get into any kind of business. This fear can only be overcome if you can manage to take control over your nerves and that too at the hard times especially.

You need to make yourself understand this thing that there is nothing good than that of holding and if you will hold your bitcoins, you’ll be rich one day.

Exchanging is the second name of hazard and the individuals who are daring individual then it implies he has no dread of lose. So in the event that you need to conquer the dread of hold then you has to enhance your hazard taking quality and other proposal is that you have to gain from your slip-ups not losing your certainty.

Drixy

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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?

Hahaha i feel you cause thats the hard part to be a full fledge trader. Well at first dont trade or spent some amount or something that you cant afford to loose bro. Dont worry just get some insights to what is the current growing altcoins that is much cheaper but has a potential and more exposure in the internet another one to recruit some traders also to manipulate a bit some of the given value.

Topic: How to overcome the fear of holding? - page 28. (Read 4505 times)