Topic: How to overcome the fear of holding? - page 4. (Read 4533 times)
to finally end up a win broker you've got to finish up a daring individual therefore on the off probability that you just area unit an honest daring person then it implies an honest dealer and on the off probability that you just don't seem to be an honest daring person then you'll ne'er develop into an honest bourgeois since you'll ne'er try your insight anywhere and on the off probability that you just are daring individual then you'll be sure on your work and you'll ne'er worry from misfortune.
To overcome your fear in bitcoin try to talk people which has already have an experience about the ups and downs of bitcoin.
By this, it will help you to open your mind about the possible risk may happen eventhough it will Result in losses or profit.
By this, it will help you to open your mind about the possible risk may happen eventhough it will Result in losses or profit.
I think you can overcome your most fear if you always try to do it and if you did it then you are on your road to overcome it..in my case I did once holdimg bitcoin in mu wallet since its price is so low I decided to hold it but everytime I am afraid that I might loosing it more if I hold it that way but what I told to my self if I dont try it then how would I know if its really worth it to hold on it while the price is low?? and all my trying paid off 😊😊 when the price gets up then that the moment I send it to my sister right away..so again to overcome you fear dont be afraid to try it..its really worth it specially in holding bitcoin..I hope next time I can try trading and buying bitcoin so that I can overcome my fears in putting my own money here in bitcoin.
Best option is buying more for overcoming the fear . Second option is trying not to check btc price around so much
I do not think buying more and more fears will decrease. I think we should forget about them, do not expect too high prices. Buy them and hold them, do not care about the price of them at the present time, do other work time after the market grows 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.
Keep coins that brings profits. Sell the fact that causes damage. This is an important rule of trading. You will never sell at the top and never buy at the bottom.
Give my account back.
This Russian guy steal my account (password reuse). Don't believe anything he says.
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?
You just need to stop being afraid. If the coin is chosen correctly, then you just have to wait for the corresponding prices, according to which you will be ready to sell this coin. The correctly chosen coin will necessarily rise in price. It's only a matter of time.
Best option is buying more for overcoming the fear . Second option is trying not to check btc price around so much
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?
How come a hero member like you missed the high importance of HODLing? I have heard a lot of members and full members here expressing their regretful experience of selling much earlier when they thought that they have already made a big profit with their coins's growing as high as 50%. Only to find out that the next few days their coins were even growing bigger and bigger in value. Some others are also selling during the dump, thinking that it is already the end of everything. And then a huge pump followed almost immediately.
There is no other solution than be patient. Well, the first question would be, do you trust your coins and their future? If you do, then that would not be a problem hodling for at least two years. But if you don't, then do not even buy such coin.
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.
Well, I can't blame you if you are a little bit tense and easily influenced by a sudden drop of coin's price in the market because that's a common scenario here in crypto world. We can't do anything about that unless you learned how to handle your emotional well being and be brave.
Since you already concluded that you missed so much amount of money after selling your coins very early, why don't you use that fact to force yourself to practice holding longer. I'm sure you'll earn bigger and feel more satisfied after achieving it.
When the currency fell, I chose not to pay attention to it and then do something else. Then wait until the price of the currency goes up, and always tell me some of this news. I think that investing in this industry is very important. If you are not good enough, you can't judge it rationally.
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.
Well, I can't blame you if you are a little bit tense and easily influenced by a sudden drop of coin's price in the market because that's a common scenario here in crypto world. We can't do anything about that unless you learned how to handle your emotional well being and be brave.
Since you already concluded that you missed so much amount of money after selling your coins very early, why don't you use that fact to force yourself to practice holding longer. I'm sure you'll earn bigger and feel more satisfied after achieving it.
To eliminate fear, you have to learn and understand the rise and fall of the price of bitcoin, so you can predict that it's not very accurate.
But this may be the foundation you can use to eliminate fear, and when you build more experience, you will know the highest price and when to sell the coin.
But this may be the foundation you can use to eliminate fear, and when you build more experience, you will know the highest price and when to sell the coin.
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?
How come a hero member like you missed the high importance of HODLing? I have heard a lot of members and full members here expressing their regretful experience of selling much earlier when they thought that they have already made a big profit with their coins's growing as high as 50%. Only to find out that the next few days their coins were even growing bigger and bigger in value. Some others are also selling during the dump, thinking that it is already the end of everything. And then a huge pump followed almost immediately.
There is no other solution than be patient. Well, the first question would be, do you trust your coins and their future? If you do, then that would not be a problem hodling for at least two years. But if you don't, then do not even buy such coin.
Just invest an amount of money that you are not afraid to lose. IMHO, it is the only one way to hold and keep calm.
Keep coins that brings profits. Sell the fact that causes damage. This is an important rule of trading. You will never sell at the top and never buy at the bottom.
I think you should try and try until you succeed that is the key. The trading is for brave people who can overcome the fear in trading and make all negative into positive thought just to be like optimistic.
Yeah i think it just depends upon you that how will you overcome your fear but me i was also scared before in losing money in this thing we always lose money we need to remember before we will pursue this thing we need to know that we can always lose money any moment and we should not be afraid with that because we can always win back our money it is up to us how we gonna win that back we just need to have a lot of source of income.
To reduce the influence of fear and emotions help me a few things. I have been analyzing coins for investment for a very long time. I define actions for different scenarios in advance. I know in advance at what price I will sell if the market starts to fall.
I also personally has the same problem initially coz I bought many cryptos without knowing very well the projects
but right now Im way more heavy with fundamentals analysis and reading better all the white papers before I buy and follow deep discussion on reddit and similar!
I think we can overcome to our fears by thinking positive. If we think positive we maybe lose our fears. I believe that loses is part of our life so then there is no need for us to fear about everything that may come into our life as long as we believe that there will be hope, even if we face a difficult situation we can not really feel frustrated . but right now Im way more heavy with fundamentals analysis and reading better all the white papers before I buy and follow deep discussion on reddit and similar!
I also personally has the same problem initially coz I bought many cryptos without knowing very well the projects
but right now Im way more heavy with fundamentals analysis and reading better all the white papers before I buy and follow deep discussion on reddit and similar!
but right now Im way more heavy with fundamentals analysis and reading better all the white papers before I buy and follow deep discussion on reddit and similar!
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