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Topic: How to overcome the fear of holding? - page 30. (Read 4505 times)

hero member
Activity: 3052
Merit: 606
December 05, 2017, 10:02:49 PM
It so simple. First we must sure that the cryptocurrency that we hold has good fundamental, I mean is it has good liquidity and good expectation from the experts. Second you should hold it in your own wallet don't store it in exchange. Just do those things then you will be not afraid anymore.
Choose the best coin you believe that has a big supporters and the team are trustworthy with good background, that are only some, the rest is up to you because you have to make a certain research to minimize the risk. Fear is brought by lack of knowledge, when you fill yourself with good information that fear will be gone and you are also open minded because you are willing to accept your loses since you understand that failure has a chance.
P3
member
Activity: 266
Merit: 10
December 05, 2017, 06:59:40 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.
Exchanging is the second name of hazard and on the off chance that you are great player of hazard taking then its methods you are a decent dealer likewise in light of the fact that in the event that you are going out on a limb then you are certain level be high and on the off chance that you are sure on your work then you will never fear from misfortune and this will make you achievement.
full member
Activity: 453
Merit: 104
December 05, 2017, 03:15:59 AM
It so simple. First we must sure that the cryptocurrency that we hold has good fundamental, I mean is it has good liquidity and good expectation from the experts. Second you should hold it in your own wallet don't store it in exchange. Just do those things then you will be not afraid anymore.
hero member
Activity: 1610
Merit: 507
December 05, 2017, 03:10:55 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 takes a lot of personal discipline to be able to hold when market is moving against your position but all you need do is to have a percentage of profit you want to make and once you meet that target there is no point waiting for more for that may lead to lost in most occasion.
Yes, personal discipline is a must with holding of bitcoin. Holding of bitcoin is truly upon the trust the user have over bitcoin. In reality when the user himself gets a good profit on holding surely the next time user will get out from the fear of holding bitcoin expecting good profit.

he needs to learn about discipline and learn to solve a problem about the fear in his mind. if he can control his fear then he doesn't have the opportunity in any of field and he can not make money at all. fear is one of the biggest problems in our self and we need to control. as a holder, we need to control ourselves to not fear to hold coins for a long time.
newbie
Activity: 41
Merit: 0
December 05, 2017, 03:06:42 AM
Don't give a shit about it anymore , your fear will not come at you.
sr. member
Activity: 588
Merit: 254
December 05, 2017, 03:05:12 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 takes a lot of personal discipline to be able to hold when market is moving against your position but all you need do is to have a percentage of profit you want to make and once you meet that target there is no point waiting for more for that may lead to lost in most occasion.
This is true. It sometimes feel quite annoying that people who set a certain target for themselves and after achieving that target they then complain to have sold and didn't save for future. While the time at which mostly people sell bitcoin they fulfil other necessities of life with it and covering these all in a timely manner also has a great value.
I am happy with the earnings and holding I have and that I have expense out.
full member
Activity: 336
Merit: 121
December 05, 2017, 03:04:44 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 takes a lot of personal discipline to be able to hold when market is moving against your position but all you need do is to have a percentage of profit you want to make and once you meet that target there is no point waiting for more for that may lead to lost in most occasion.
Yes, personal discipline is a must with holding of bitcoin. Holding of bitcoin is truly upon the trust the user have over bitcoin. In reality when the user himself gets a good profit on holding surely the next time user will get out from the fear of holding bitcoin expecting good profit.
Be remember that trading is the second name of risk so if you are a risk taker then you can do trading very well and if you have no such quality then you will be unable to do trading. Holding is type of trading and if want to do holding trading and you have fear of holding then you need to judge previous history of what you are holding like bitcoin if the performance is increasing day by day then you don't need to fear such things for holding and this is the way that you can overcome fear of holding.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
December 05, 2017, 02:54:00 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 takes a lot of personal discipline to be able to hold when market is moving against your position but all you need do is to have a percentage of profit you want to make and once you meet that target there is no point waiting for more for that may lead to lost in most occasion.
Yes, personal discipline is a must with holding of bitcoin. Holding of bitcoin is truly upon the trust the user have over bitcoin. In reality when the user himself gets a good profit on holding surely the next time user will get out from the fear of holding bitcoin expecting good profit.
sr. member
Activity: 1330
Merit: 291
December 05, 2017, 02:43:27 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 takes a lot of personal discipline to be able to hold when market is moving against your position but all you need do is to have a percentage of profit you want to make and once you meet that target there is no point waiting for more for that may lead to lost in most occasion.
member
Activity: 105
Merit: 10
December 05, 2017, 02:41:26 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?
Once someone really understands the volatility and they are definitely holding for a long term, probably the HODL way, then the last thing they should be bothered about is the value of the coin they are holding at any point in time. Most coins will never remain the same way at least in the next few years and depending on how long the holder is planning to hold for, staying out of the charts sounds a lot better.
full member
Activity: 308
Merit: 101
December 05, 2017, 01:47:21 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 totally depends on you bro! If you are a long time holder and you trust the coin you are holding, I do not see a reason why you should sell when it has gotten to a certain value. However, if you are a trader, whether long time trader or not, then you should be ready to understand how the chart works as that is what can help you to make good decisions on when to sell or when not to. Moreover, you can sell and then buy back later on when the value is lower.
legendary
Activity: 1848
Merit: 1000
November 30, 2017, 03:54:29 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?
I was exactly the same as you, this year I have finally become disciplined enough to take my initial investmemt and a bit extra but leave the rest of the coins alone.

I used to sell way too early and then kick myself once the coin skyrocketed, my advice would be what I said above, take your initial plus some profit and try to leave the rest alone.
sr. member
Activity: 252
Merit: 250
Live Stars - Adult Streaming Platform
November 30, 2017, 03:48:54 AM
How do you fear if you have good knowledge and skill? If not, you should learn and practice more and more before spending a big budget in cryptocurrency.
legendary
Activity: 1050
Merit: 1001
November 30, 2017, 03:34:00 AM
Do you have fear holding US dollar or Euro fiat money that continues to lose its value every year for around 10%? If you don't fear to hold something that will lose 10% by default every year, then there is no reason to have fear when investing in crypto currencies that people see as the solution for the fiat money problems.
Inflation makes people move to crypto , but people mostly become greed whenever they feel so easy to gain value in crypto .
And as time goes by it turned into fear losing what they have gained , so on the circle in holding always like that.
The resolution is by put the money that you can afford to lose , so you won't feel worry anymore.
full member
Activity: 361
Merit: 106
November 30, 2017, 03:20:09 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?
Just do not think about it, but watch the price increase. And with corrections, you just need not panic. Now is the most successful period to retain and increase your capital.

Panic make you nervous and maybe this can be the reason why you sell your coin in the low price, when you are in the trading you should keep calm to hold your coin, just be positive to your coin.
hero member
Activity: 2520
Merit: 605
November 30, 2017, 02:27:22 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?
The one way is loosing the fear of losing your money and just relax and relieve stress out of your mind by not listening to all the negative news about your investment.The other way is analyze that what changes are going to happen in market that is market favours you or not and then make decisions instead of exiting the situation without dealing with it.Be patient and hold your atleast 30-40%  investment for long term and do regular trading out of others.Sometime the situation is of pumping and dumping and we loose our coins so you need to be a keen observer if you don't want to loose.But with experience you can do it so don't worry about all that just be patient in crypto market and get profits.
Haha, Yes this is human nature that we cannot resist temptations and that too when it is in the form of big money but for those who want to have bigger money as a profit, they easily overcome these temporary temptations. Bitcoin is the one which often increases in value too much and that is the toughest time for those who are suing bitcoin as long term investment to avoid selling off bitcoin for enjoying profit.
sr. member
Activity: 284
Merit: 250
November 30, 2017, 02:12:47 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?
Just do not think about it, but watch the price increase. And with corrections, you just need not panic. Now is the most successful period to retain and increase your capital.
full member
Activity: 238
Merit: 100
November 30, 2017, 02:03:42 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?

In order to overcome the fear of holding, you should always think positive because if not then probably you will come up to the point of getting scared and tempted to sell all your coins. Since the bitcoin value keeps on increasing as the time pass by, then probably that will give you 75% that it really does increase. And just take time to read about bitcoins, it will help you a lot.
hero member
Activity: 910
Merit: 509
November 30, 2017, 12:52:32 AM
You need to establish some rule for yourself.  As for me when I bought bitcoin on 1000$  I set a target to take profit ten times more. So no matter what happen you cant sell your coin early, just forget about them. You also can set a goal in time or price. But this rule works only with the good coin with fundamental and community.
I'm recommend you to read about  sunk cost https://www.wikiwand.com/en/Sunk_cost
But even before that, a person must have a good understanding of his digital asset. Without knowing digital market, it is difficult to survive here. Patience is what can take a trader to unimaginable heights but for developing that patience, he must have a lot of trust in his investment and that trust can be built only if he understands his investment and can predict its future with accuracy.
hero member
Activity: 644
Merit: 500
November 29, 2017, 06:22:18 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.
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