How to overcome the fear of holding? - page 7.

Hemady17

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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?

At some point of my trading career I have also experience your dilemma. Seeing your coins increasing more than 100% is really frustrating. But thanks to my coach he thought me to set-up another account dedicated for long term investment while maintaining the trading account.

Putting two accounts will give you flexibility against the volatility of the market. You can hold your one account as long as you want while the other account can be trade as much as you do. These are perfect strategy for your problem.

eloymjb

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Activity: 247

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to overcome the fear of holding, in my own and base my experience is first you need to have a very long capital and last is to focus on believe of what coins that you choose, always trust those coins because those people who have a disciplene is the person who can up more.

XFlowZion

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It takes a lot of discipline and don't rely to your emotion and only trust your mind. It should be mind over matter.
Experienced traders look at the long run and not the current FUDs.

JRoa

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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?

It requires a lot of patience for you to overcome your fear of holding. Thinking positive can also help you for you to hold all of your coins. You should become aware that holding can help you to earn more money.

Alex Storm

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Activity: 119

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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?

You just have to try to imagine your profits from hold in a long term. It will help you not to sell all your coins. Can you buy a house using your current investment portfolio price?

Mr.John19

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Activity: 350

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Fear has two meaning in the world of cryptocurrency. The first meaning Forget Everything your investment and Run(sell). If you do this, you are losing you can’t handle the investment accurately all over your life. The second Is Face Everything’s circumstance and Rise it the trading you most always strong and knowledgeable in order to accomplish your goal. The choice is still on your hand.

imking

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If you are an investor, you should overcome the fear of holding, before you enter the world of the cryptocurrency you know that investing here is so risky. The risky we need to face is because of price fluctuation; we don’t know when the value goes ups and downs. Always be patient, don’t think negative, if see falling believe it that is the right time to buy more bitcoin or altcoin. Hold until as you can.

Nyeyzel

jr. member

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For me to be able to overcome the fear of holding is keep knowledgeable about it keep reading trend that may help you, news about it bad news and good news. Remember when you put your money in bitcoin, you already know that you may lose that amount or win it. Don’t do panic selling you may lose your profit and the money you invest. If you want to have, a huge profit try to hold and don’t react impulsively. Hope for further increase in the market price.

eann014

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Quote from: rosalyn07 on March 11, 2018, 03:44:07 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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.

I totally agree. fear of holding for me is normal because that is already happened to me and continue happening even now. I want to hold even if how bitcoin price are getting low right now. I don't know why. I just still waiting for the right time to sell my bitcoin.

Theb

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Quote from: virasisog on March 11, 2018, 05:18:47 AM

Quote from: rosalyn07 on March 11, 2018, 03:44:07 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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.

We can overcome it everything is a state of mind. Our mind is the powerful thing in this world if you believe on me. You're right with lack of knowledge is the sign that builds up the fear and if you let the fear defeat your emotions you will be more loss in trade.

I simply have to disagree with what you have said. I am a long time holder of Bitcoin and I don't experience fear even if it is going down. As long as your trading plan is intact you can maintain composure with what you are holding. Even if you haven't sold Bitcoin when it is going down you don't have to panic or experience fear as if your really believe Bitcoin is holding a bigger value in the future then you must know that short term drops we are experiencing are really nothing to be afraid of.

Owl129

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You just simply hold it and don't be to cautious of its price everytime, also the secret for that is when the coin you invest on to is a good coin that will never crash in the future. You invested in that because you believe it will give you profit so wait just be patient. Indeed it is a risk and you must be accountable to that risk. There is no easy way to overcome it because it deals with the money you earn and workes hard for.

kolega

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I think it's right that you sell at a profit to minimize the risks. Many traders risk a substantial share of the budget to get the profit as much as possible. As a result, they can receive large losses. The classic trader does not regret that he sold a little earlier and earned a little less.
Those who take risks and end up getting losses will have to take risks over and over again to cover the losses. This can lead to new losses.

Gotottack

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Don't you know that sometimes it is best to just cash out the moment you realize gains rather than waiting for too long in the hopes of gaining more in the long run? In the nature of the crypto business, more often than not, it is better to be safe than sorry. As to why, well, Bitcoin's value is heavily fluctuating -- one moment you are sky-high, then another moment you are down low. Take note that this happens every millisecond, just so for the sake of you imagining how crucial it is if you have poured all your money to it. Hence, making small profits is ideal so long as you profit on a much regular basis. It is safer because it sure contains lesser risks. Nonetheless, you may want to hold longer if you only have a small amount in it. Anyway you will not lose so much when worse comes to worst. Just remember to always take into consideration the amount of money that is at stake before you make any life-changing decisions.

geegaw

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Quote from: virasisog on March 11, 2018, 05:18:47 AM

Quote from: rosalyn07 on March 11, 2018, 03:44:07 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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.

We can overcome it everything is a state of mind. Our mind is the powerful thing in this world if you believe on me. You're right with lack of knowledge is the sign that builds up the fear and if you let the fear defeat your emotions you will be more loss in trade.

I think we can not overcome fear because it is part of human psychology, it is hidden deep in the mind of each person, no one can keep the psychology strong forever, sometimes they will fall into the state of weakness. Hold for so long, psychology will be more fluctuating than ever, and when our psyche has been shaken, the wrong decision is a sure thing, what we can do is just try not to let psychology fluctuate too much, we need something special to create confidence for us, overcoming fear is impossible when it is our instinct

jwenbu

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Quote from: Jupeter on March 10, 2018, 06:51:38 AM

Quote from: nicster551 on February 19, 2018, 12:13:33 AM

always think that profit is profit small or big is that so we can control our greedyness and always be thankfull of what you get even it big or small.

For me we will overcome our fear on holding if we will trust our coin, because if we dont trust on our coin i am sure that we will not overvome our fearn and i think we can make a wrong decision if we will not trust our coin, and to overcome our fear we should look on some people that are really rich right now by holding there coin.

And I suggest also, before putting your money in one coin, you really need to do research from it. atleast you have idea if the coin you want to hold is a good one and you never sell it when the price is down. like what he said. you need to trust your coin.

virasisog

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Quote from: rosalyn07 on March 11, 2018, 03:44:07 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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.

We can overcome it everything is a state of mind. Our mind is the powerful thing in this world if you believe on me. You're right with lack of knowledge is the sign that builds up the fear and if you let the fear defeat your emotions you will be more loss in trade.

rosalyn07

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Activity: 244

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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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.

sheenshane

legendary

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Merit: 1232

Quote from: bilyboy on March 10, 2018, 10:48:40 PM

I was the one who sold to early Grin But i learned the lessons. Holding is a good opportunity to earn much more that by trading and if you have not time and experience for trading like me. But to avoid money losses you should always fix the profit by x5-10 (it will back your investment and give profit) and then keep other part for years, Then it can give you x50-x60 but already without the risks. Don't be greedy!

Greedy is natural to the people because we all want money and that's why we are here in crypto just to have profit but we need to control that in a proper management of trading. I also encountered that now, I just held a coin until now because I didn't see my profit was not there so I need to hold and wait until my profit was out. It depends upon on what you are holding if that profitable in the future, then if you see your profit is bigger than you expected then sell them all.
~hold+patience=profit~

bilyboy

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I was the one who sold to early Grin But i learned the lessons. Holding is a good opportunity to earn much more that by trading and if you have not time and experience for trading like me. But to avoid money losses you should always fix the profit by x5-10 (it will back your investment and give profit) and then keep other part for years, Then it can give you x50-x60 but already without the risks. Don't be greedy!

Mhedz

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Activity: 336

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ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018

Holding is not advisable if you're a kind of panic king. When you decide to hold your token/coin, you have to learn how to control your feelings even you see it dumping or pumping. Ignore everynews of the coin you hold,dont always check the folio and make your self busy on other things and set your goal price before holding.

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