How to overcome the fear of holding? - page 29.

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Quote from: squatz1 on November 10, 2017, 03:57:04 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

Sand King

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Quote from: kingdank93 on December 05, 2017, 02:06:42 AM

Don't give a shit about it anymore , your fear will not come at you.

For me we can overcome the fear of holding by trusting the coins we are holding and by being positive to the coins we are holding, because we all know that when we have a trust to our coins we will not ever have fear on holding it and we should always be positive, we should always think that the coins we are holding is we will rise at very high and we can make many money from it.

ralle14

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Quote from: std1391 on December 06, 2017, 04:34:26 AM

just try to be paitent , make urself to not look at the chats for a week , i am trying that too , it is very hard sometimes but we shall get the prize of paitence hopefully! Cool

It should be at least a month looking at the prices every week might encourage you to sell your coins if the numbers goes down. The longest time that i've hold was half a year to do that i've had to put my attention away from bitcoin and focus on other things.

When the price dips down I always think about the long term potential so I don't have to worry much about the losses i'm getting right now

orka39

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Quote from: supermine on December 06, 2017, 03:18:15 AM

As you said we need to set a goal price of our coins we have to only sell our bitcoin if it reaches that value so it will give the thought of holding while there is a price fall.But you need to understand that if you are holding a popular coin like bitcoin or ethereum you just have to hold it for some years simply because the chance of price crashing with these coins are minimal so next time buy bitcoin and keep it for an year atleast to gain good profits.

As we know all include in crypto investment is risky.
But if we choose good and popular coin like you mention above is minimum risk.
We can not delete the risk but we can just reduce it.
Set a goal is good option to make us not sell it earlier. And also dont stay too long in front of computer also good.

yanto@1977

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Quote from: squatz1 on November 10, 2017, 03:57:04 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?

That the risk you should take if you choose investing/ trading and everyone must ready. Hold ( patience ) is unique and also part of trade/ invest, so please fix your mindset about it before getting " panic ". There's 2 ways to not hold to long, change your time become short when create open position ( OP ) and take profit ( TP ) position ( short term trader ). Last one, leave the trade/ invest world. Just like that and good luck to you.

Gladiator25

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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.

Ribad

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Overcoming the fear of holding depends on your investment strategy you adopts. There are some factor say the tech whether it’s is legit or a copy paste as trends now a days,developers their profile and background , community backing the project ,relevance of the project with the trends in the markets. If you can do your own research on this and believe the project can suatain their growth. That all you need to hold your coin. It’s easier said than done though.

std1391

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just try to be paitent , make urself to not look at the chats for a week , i am trying that too , it is very hard sometimes but we shall get the prize of paitence hopefully! Cool

oegarod

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Quote from: supermine on December 06, 2017, 03:18:15 AM

Quote from: swordling143 on December 06, 2017, 02:50:33 AM

Quote from: squatz1 on November 10, 2017, 03:57:04 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?

The key there is to set some standards for you to consider whether to trade it or not. Now, if the it doesn't meet the highest value which is your standard then just focus on the other coins that you are trading. Leave it for a while, but at the same time don't forget to monitor if it's value becomes higher. In my case, it took me 6 months for me to be able to meet my own standards and trade my coin.

As you said we need to set a goal price of our coins we have to only sell our bitcoin if it reaches that value so it will give the thought of holding while there is a price fall.But you need to understand that if you are holding a popular coin like bitcoin or ethereum you just have to hold it for some years simply because the chance of price crashing with these coins are minimal so next time buy bitcoin and keep it for an year atleast to gain good profits.

Fear of holding bitcoin has got high risk associated with it. This is all because of the price fluctuations happening with time, none knows what happens tomorrow. I believe this will continue to grow and the trust is the one that makes the users overcome the fear of holding bitcoin. More we trust more will be the profiting, because when we don't have fear we'll keep holding.

LuanX3

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Quote from: supermine on December 06, 2017, 03:18:15 AM

Quote from: swordling143 on December 06, 2017, 02:50:33 AM

Quote from: squatz1 on November 10, 2017, 03:57:04 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?

The key there is to set some standards for you to consider whether to trade it or not. Now, if the it doesn't meet the highest value which is your standard then just focus on the other coins that you are trading. Leave it for a while, but at the same time don't forget to monitor if it's value becomes higher. In my case, it took me 6 months for me to be able to meet my own standards and trade my coin.

As you said we need to set a goal price of our coins we have to only sell our bitcoin if it reaches that value so it will give the thought of holding while there is a price fall.But you need to understand that if you are holding a popular coin like bitcoin or ethereum you just have to hold it for some years simply because the chance of price crashing with these coins are minimal so next time buy bitcoin and keep it for an year atleast to gain good profits.

Setting a goal is ok, but how do you know that you have set a good and attainable goal? What if you set a goal, like McAfee, at the price of $1,000,000 before you sell your bitcoins? That is indeed a goal but is it attainable? I doubt it though that it would be in the near future, but it may be possible. But what if you are investing to profit for your daily needs? Then you are likely to withdraw some part of it to sustain yourself, that affects a lot of things in trading.

supermine

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Quote from: swordling143 on December 06, 2017, 02:50:33 AM

Quote from: squatz1 on November 10, 2017, 03:57:04 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?

The key there is to set some standards for you to consider whether to trade it or not. Now, if the it doesn't meet the highest value which is your standard then just focus on the other coins that you are trading. Leave it for a while, but at the same time don't forget to monitor if it's value becomes higher. In my case, it took me 6 months for me to be able to meet my own standards and trade my coin.

As you said we need to set a goal price of our coins we have to only sell our bitcoin if it reaches that value so it will give the thought of holding while there is a price fall.But you need to understand that if you are holding a popular coin like bitcoin or ethereum you just have to hold it for some years simply because the chance of price crashing with these coins are minimal so next time buy bitcoin and keep it for an year atleast to gain good profits.

swordling143

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Quote from: squatz1 on November 10, 2017, 03:57:04 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?

The key there is to set some standards for you to consider whether to trade it or not. Now, if the it doesn't meet the highest value which is your standard then just focus on the other coins that you are trading. Leave it for a while, but at the same time don't forget to monitor if it's value becomes higher. In my case, it took me 6 months for me to be able to meet my own standards and trade my coin.

Derrick

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Quote from: Footmanred on November 22, 2017, 03:37:01 AM

Quote from: squatz1 on November 10, 2017, 03:57:04 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?

It's just that everyone realistically understands that there are always people like you, you will sell your savings, in the hope of minimizing losses, they will buy you cheaper at a price, and then wait for a raise, and after such recessions, the volatility and all, the whole secret success.

Exchanging is the second name of hazard in the event that you are a best player in chance taking then it implies you are a brilliant dealer since when you are certain on your work then you will get achievement in your work in light of the fact that sure is must for each work you are doing.

qwertyup23

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Quote from: squatz1 on November 10, 2017, 03:57:04 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?

The price history of bitcoin will be your guide throughout your journey of holding. To add, you must also be updated to all recent news going around lately about bitcoin in order to decrease the chances of you losing value of your coins. Lastly, treat your investments as your money that you are willing to lose. Lately, many news have been spreading about bitcoin's state, popping out soon. Remember that you are investing/trading on a currency that involves high-risk with high-reward at the same time.
Those are some tasks that you are mandated to do in order not to lose much in the long-run. Personally, I hold my bitcoins and withdrew them only for emergency situations. I treat them as my assets and at the same time my money which has the potential of increasing everyday.

hydeevanz

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Quote from: squatz1 on November 10, 2017, 03:57:04 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?

Fear is always there when we doubt to ourselves especially when making a decision. Since there is fear of holing bitcoins then probably you have to handle your emotions. Watch news and read articles of bitcoin so you will be able to have knowledge that gives a good hope to you. Don't focus on your negative thoughts, let the positive thoughts conquer your fear until it disappear.

Derrick

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Quote from: DARKHOLDER on November 22, 2017, 12:24:04 PM

Quote from: CryptoTamer on November 22, 2017, 06:52:58 AM

I think you are not afraid of holding but you are not ready to lose your money, so to overcome it is You must be ready to lose your money !
If you are ready for it then you will not be afraid to holding
[/quot

if afraid of holding then just sell btc and take out Your first money You put in crypto and later just play with profit money...I do that way 3 years ago and no more afraid from losing money.. Wink

to wind up plainly a win merchant you have to end up plainly a daring person so on the off chance that you are a decent daring individual then it implies you are a decent broker and on the off chance that you are not a decent daring person then you will never turn into a decent dealer since you will never attempt your insight anyplace and on the off chance that you are daring person then you will be sure on your work and you will never fear from misfortune.

hritevanz

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Quote from: squatz1 on November 10, 2017, 03:57:04 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?

One of the reason why you can't overcome the fear of holding is because maybe most of the time you need money and probably you think that bitcoin will crash someday and all of your efforts will be useless. So in order for you to overcome that fear then you should be optimistic because negativity will bring you down. Believe in yourself because if they can then we can.

chrismartin

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We have currently same issues but as time goes, i also learn how to hodl as what others do. Proven and tested if we all have to hodl. Because one day our profit are gaing up to x4 of our first start. So just hodl.

rhamzter

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Maybe you need a psychiatrist to help you overcome your fear in holding, because if you can't fight your fear I'm sure that it gives you headache or illness in mind especially when you experience lose on your investment.

Moreover you can also ask for guidance from your family to help you overcome your fear, in addition I think you don't need to fear in holding now because all crypto currencies now are incredibly increasing value.

Koro-Sensei

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Quote from: squatz1 on November 10, 2017, 03:57:04 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?

Panic selling is the enemy of holders and traders so the most important in holding and trading is dont let emotions take anywhere selling though it has good benefits if you have some people to guide you about when or when to put your money on a potential token or coin Dont panic and dont sell your token or coin quickly.

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