How to overcome the fear of holding? - page 32.

noictib

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One of the world's leading Bitcoin-powered casinos

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 should make yourself that not the trading with altcoins is a way to make profit but also many another options are available to make trading and investment than why not to do everything with single time to make more opportunities and make more profit .
Since here I am making investment in many things but investment stretagy is better , usually I buys only those coins which have very low price According to average rate of the coin and easily turn that down into up of the price , so why not we should follow those ways of make money which are easy and low profitbale instead to put investment in big coin and wait for long term .

Dudeperfect

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Let me tell you from my own experience, I had investment in a particular coin a few months ago after doing my usual research but within couple of weeks after the investment, price fall down by about 30% to 35% (to be honest it was shocking to me) but since I had my research to back my investment, I didn't change anything but after a few months I saw 10% to 15% profit for the same investment so it not only covered the loss but also earned little profit for the same. Thus if you have a trust on the process and a research for the same then you don't have to worry about holding irrespective of the market conditions.

x86Daddy

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The best way to overcome the fear of holding is that reseaching about your coin carefully before buying it.

frowsiter

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Quote from: jak3 on November 23, 2017, 04:40:44 PM

Welding your money is just like investing you will feel a little risk but there is 80% chance that the money will grow because by holding the money you increase the reality of that coin or in other words that coin is not available in large quantity inside the market because you hold some portion of it. That increase some amount of price(now imagine that same thing happens when many people hold money together). Let's suppose if you hold your money and somehow you hit on market crash so you just need to hold some more so that market can recover and you will still have your profit.

I think this is better explanation why the holing of coins is successful.

Quote

that coin is not available in large quantity inside the market because you hold some portion of it.

But however we need to be sure that larger audience is following the same path otherwise it would be of no use. I mean there millions of coins that are circulating for any kind of project and if you are just holding 1% of the portion then also it won't affect the market in brutal or good way if you buy or sell it or hold it. This is why bitcoin is different where at least more than 10-20% of investors, with assets in the bitcoin are holding the money as it is and thats why we see the prices of bitcoin stable now a days and they are the one pushing the things forward.

So yeah that would be good idea to make it more sustainable investment, by having the coins bought at low and hold for long time. Thats what breaks the buy wall and moves towards next one and bigger one when we see it in the market or exchanger loop.

Chalxdon

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Hodling is one of the most challenging etiquettes of trading hich requires great deal of discipline.
When I want to hodl, I assume the investment to be a bad debt.
When hodling, patience is a virtue.

treather

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one cannot predict the future when it comes to investing, so i'd aadvice not to invest everything you have into crypto. Hell, if possible, keep your investment minimal. if things turn out to be great then fine, if they go pear shaped, you wouldn't have lost much, unlike going all in. For every coin that does well, there are hundreds that do badly, keep this in mind.

slashz9

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the same as me when I first started trading, saw the price go up just a little I immediately sell it. a week later I see the same coin with a higher price, I think arghhhhhhh why I am too stupid, but if waiting maybe I can get more profit.
but the long wait was not in my opinion too good. I do not think trading is about how long you wait but how well you make decisions.

Xenrise

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Best thing to do is to put attention to other things like your work(if you have one), other things like your family and such. So that your fear of holding can be overcome by you. Take note, you're the only one who can do this one. So don't miss your chance.

Laga08

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Do not regret about lost profits, greed is the main enemy of the trader. I closed the deal in + got a profit that's already good.

worle1bm

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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?

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.

Rostchild

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Not easy to hodl coin forver,
It is easier when dropping,
But it is not easy while jumping,
We want profiy and we may miss bigger one

Aikidoka

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Sinbad Mixer: Mix Your BTC Quickly

Holding and holding is like getting greedy over earning much more money when you can just let go of your greed and sell. And with that money, you will start over. Bit by bit until you have a good suitable profit. Having your greed take over you will result in your downfall.

Just relax and take it easy and you no longer will feel the fear of holding, not to mention that it teaches you how to deal with things without taking the risks.

rysea2

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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?

I think the best way to resist selling is to forget about it, try not to reopen what you've saved and leave behind, and then look back on it after a long time.

Johnzky

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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?

before going to investments better set your mind first that you should have trust on your coin,and make a pattern of what value your coin need to satisfy your goal.and never panic when your coin drops because for sure it will recover soon

LRPchange

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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?

Buy, set exit price and turn away / off ur computer. Be disciplined.

Rahar02

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Always divide your trade portfolio, for some famous and more valuable coins such as bitcoin or ethereum, on the other side, some altcoins which worth less than $100 and fluctuate a lot. There's no any reason to fear of missing out, as bitcoin and ethereim will always grow over time, so you can't lose in this case, especially if you want bigger profit. But, the point to be a trader; as long as you can make a profit, such as 3%, 5%, or 10% it's a good achievement.

Layonk

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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?

Hold hold hold mean also have risk. If current price already make you profit why you still hold??
I think the way to overcome our fear is by disciplin following your own strategy.

Adioliver

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Now this issue is something personal and something which cannot be solved by a second person.Its all about guts.You have got to be more confident, believe yourself, accept who you are.If you want to make profit by holding bitcoins or altcoins you must be willing to take the risk.Because you must go through pain for gain.
I hope that you find that hidden confidence of yours soon.
Goodluck

romecheo

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We cannot escape the feeling of being fear, mostly on trading.

To battle our fear, we should know what are the source of that intense emotion?

If we could set our goal on HODLing and educate our self about the crypto currencies which we choose.

If we knew what we are doing and believe it could happen according to our plan, then fear are no longer have a place in our mind.

katiecbell

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Quote from: /GeertJohan on November 22, 2017, 03:20:27 AM

Don't panic and don't get fear to holding a bitcoin or any altcoins.. You just check the rate every day when a value is getting high just trade it.. another way is just you hold that in more 5 Or 6 years and trade it..

Everyone has his own of pursuing the things but I have a different point of view. If you are planning for long term investment, then there is no point of looking for the market price and that too on daily basis. This will only result in more chaos in case the market prices are falling down. You need to be strong enough in order to remain patient no matter what the conditions are.

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