Topic: How to overcome the fear of holding? - page 3. (Read 4505 times)
I really dont fear on holding them because its an investment that I can afford to lose. The returns will be more higher if you just hold it but all of us should keep mind that making a target from your investment to your desire profit will be the best to harvest it. To argue that you have not earned after a while is the easiest. Since the event has already occurred and you see the resul
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. 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
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. But if you have good knowledge of cryptocurrency you will recognize an impairment of Bitcoin at this stage is temporary
In this volatile and young market, it is very important to learn how this technology works. Holding may be good but when it's over I think it's no longer better. Sometimes we need to face our fears and be patience or us to grow. But don't forget to set a limit and be strategic.
You are absolutely right, when the market is not normal, it is very difficult to read the movement, faced with two choices, hold or cut loss?In this volatile and young market, it is very important to learn how this technology works. Holding may be good but when it's over I think it's no longer better. Sometimes we need to face our fears and be patience or us to grow. But don't forget to set a limit and be strategic.
You are absolutely right, when the market is not normal, it is very difficult to read the movement, faced with two choices, hold or cut loss? 
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?
Perhaps it is time to change some investment strategies? You might want to go for long term holding. That is a perfect option left for you. At least you will not be able to miss any strong pump. Instead of earning just a little profit from the growth, you are going to get the fullness of your coin's growth. But be prepared to ride with both the smooth and the rocky road if you are going to shift to long term holding. That is where I am right now. Sometimes, I ignore the prices if the market is red.
If you want to minimize the dear of holding or you want to remove the risk it is up to the personal decision like for me i do not want to invest in only one coin but to invest in multiple and few of them should be secure and in this way we can also increase our wealth by doing this for long term and bitcoin should also used for future so if we do any thing in this for long term we can over come the fear of holding.
Patience is a virtue for a real good trader. If you always fear holding, you knew it in yourself that you are loosing possible huge amount of money in the future. As I can see it, the best way to overcome the fear of holding as to waiting, you need to try it. There's no harm in trying in the first place. Try it, until you eventually realize what good it has and what betterment it can make to your investments and tradings. It may not look easy, but we always must keep in our mind that traders were always risk takers everytime. Just like selling, holding is as much as dangerous as it is. Same as those who has fear pf selling, just do the vise versa. You would not know the outcome if you will not try.
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?
Perhaps it is time to change some investment strategies? You might want to go for long term holding. That is a perfect option left for you. At least you will not be able to miss any strong pump. Instead of earning just a little profit from the growth, you are going to get the fullness of your coin's growth. But be prepared to ride with both the smooth and the rocky road if you are going to shift to long term holding. That is where I am right now. Sometimes, I ignore the prices if the market is red.
Trading is like a waiting game, when you have the guts to wait for the price to increase, then wait. Also, don't be greedy in trading. When you saw that there is a profit in that coin you were trading, make your exit point so you won't regret when the price goes low again. To be sure you don't sell off very early on just back up your wallet keys safely avoid monitoring how your currencies are performing
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. To overcome you fear of loosing money, stop looking every hour on your portfolio because it will not change right away
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. 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
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 to overcome the fear of handling? You just want to think that you can and just trust yourself and your fears will go away because of your confidence in yourself. always trust to yourself How do you traders do it, hold and hold and hold. Waiting around for more and more money?
By keep on believing that bitcoin and altcoin price will surely go back again and may recover soon. Convince yourself that this is just a temporary and the price will rise again.
Why should you fear it? Is it worse to hold that sell for a bad price? The correction wouldn't be eternal I think; we need just to wait a little bit more.
When we invest our huge money into coins then we have fear and it is normal attitude of every businessman, we forget to sleep and eat, because of frustration of loss. Then you can't say that why should you fear it.
Now bitcoin is down and my mostly friends who have been invested on bitcoin a huge money they are going to die, but i helped them and convince them should face the trouble and overcome on it.
That means you're so sure about what you are going to invest in so why you have to fear it at all when you're just doing the business not gambling?
I feel what you are going through. My portfolio used to be above 200,000$ but now it is a paltry 3000$. Most of the Alts have dropped significantly and BTC is dropping down every day.
I don't know why I am still hoping for a miracle, maybe I am over expecting. I should perhaps set my expectations little lower.
It would take a lot of time for market to reach the Dec 2017 levels and I am waiting for that.
But given the circumstances, even if my Alts rise to 100,000$ again, I would cash them out and then make fresh investments.
So, to answer your question, I would say that this extreme volatility of the market has taught me how to patient and I hope you would be able to learn the same eventually.
I don't know why I am still hoping for a miracle, maybe I am over expecting. I should perhaps set my expectations little lower.
It would take a lot of time for market to reach the Dec 2017 levels and I am waiting for that.
But given the circumstances, even if my Alts rise to 100,000$ again, I would cash them out and then make fresh investments.
So, to answer your question, I would say that this extreme volatility of the market has taught me how to patient and I hope you would be able to learn the same eventually.
Why should you fear it? Is it worse to hold that sell for a bad price? The correction wouldn't be eternal I think; we need just to wait a little bit more.
When we invest our huge money into coins then we have fear and it is normal attitude of every businessman, we forget to sleep and eat, because of frustration of loss. Then you can't say that why should you fear it.
Now bitcoin is down and my mostly friends who have been invested on bitcoin a huge money they are going to die, but i helped them and convince them should face the trouble and overcome on it.
holding is nice significantly within the event that we tend to area unit holding bitcoin however altcoin are often a sensible thought to carry on the off probability that we will purchase at bring down price. be that because it could, once in a very whereas we tend to area unit too covetous once we see the value is increment fast and that we don't seem to be giving since we want bigger profit. within the event that we tend to do that, at that time i believe our chance can misfortune therefore we will not pitch to create profit. yet, within the event that we'd like to not fret for holding altcoin then I will suggest to you to supply it now if the value is increment therefore you'll be able to recover your take advantage addition to your profit.
Exchanging is that the second name of hazard within the event that you just area unit a best player in likelihood taking then it implies you area unit an amazing merchandiser since once you are sure on your work then you may get accomplishment in your add lightweight of the very fact that certain is should for every work you're doing.
DYOR
If I belive in my shitcoin I will hodl till moon or grave
If I belive in my shitcoin I will hodl till moon or grave
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