How to overcome the fear of holding? - page 8.

Questat

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Quote from: akram143 on March 10, 2018, 10:46:48 PM

Quote from: Averiado on March 10, 2018, 08:11:06 PM

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?

With patience, holding without going on panic.

Every investors has a fear with his investment and it is a common thing for all but you can make a confidence with your investment it will help you a lot all the investors had a same problem and one who hold his investment a long time he will get a huge profit .

However, that fear should be erase so they will be confident in holding.
It's not easy because if we speak of holding, it's normally a long term investment and the crypto is very active
and we will see a lot of good and bad news that might attract us to make a decision to sell.

akram143

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Quote from: Averiado on March 10, 2018, 08:11:06 PM

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?

With patience, holding without going on panic.

Every investors has a fear with his investment and it is a common thing for all but you can make a confidence with your investment it will help you a lot all the investors had a same problem and one who hold his investment a long time he will get a huge profit .

pelipurlara

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Quote from: donte872 on January 11, 2018, 06:53:46 PM

Quote from: TeamUp on January 08, 2018, 02:06:17 AM

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?

My first month in trading was same as how you describe it, My investments comes from the savings of me and my wife. At first Im really scared when the price of the coins goes down to the point where I sell it to minimize my lose, just like you did. I was afraid our hard earn saving will be gone like a bubble, but as the day past by, i did learn from my mistake and come to point where my total balance reach about 150% of our initial investment. So i withdraw our initial investment and the only remaining balance was left was the 50%. It was only half amount from the initial investment, but the good thing is, i DONT FEEL FEAR ANYMORE either the price of the coins go down and just wait for it to high up again (just make sure youre doing research in youre chosen coin), because the investment that im using now does now hold its sentimental value anymore. FEAR in trading is really a great barrier and greatly affect youre performance. Now my total balance is about 400% in our initial investment.

If you truly analyze and study coin that you invest seriously, it is worth it to lose some value for some time because you are not only investing but also wanting to companion. same project during its existence and development. I think that's what you should aim for.

A few things a crypto investor needs to do when investing in crypto and one of them, of course, follows the news of crypto development from a reliable source. By doing that I think it will make us less reckless in holding some crypto we have because in the end we have to stay alert to our activity in crypto so that no loss happens.

Averiado

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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?

With patience, holding without going on panic.

bitllionaire

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Quote from: margert on March 10, 2018, 11:48:24 AM

You really need to be very strong willed to hold and you need to be aware of what you have you are holding because sometimes it may take the coin you are holding over a year or so to materialize your dream. 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

I think that is natural, because some people even if they get good experience cannot invest money for a long term, even the do afraid from investing their money for short term investment. While some people take the risk and always making good money. I think experience can help a person to overcome the fear of holding bitcoin or any other currency.

darknuke

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I guess the best things to do is not check the crypto prices for some amount of time. That way you will know you hold, because seeing earlier you may see you are on profit or on loss and sell. When no checking is the best thing for hodl

Lanatsa

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Quote from: Cryptoproff on March 10, 2018, 08:35:31 AM

Do not go all in or put your eggs in one basket because you never know what will happen, we are just predicting in trading and investment and we could make a wrong decision

As a smart investor going all in would really be risky and you would always tend to diversify out our money since we do know the possible wreck when we are just focusing into a single investment unlike if you do try to put it on various projects without worrying if it would drop its price or not.The advantage with diversification is when you can able recover in other coins if a particular other coins do dip its price.Chances of recovery is there unlike when you are just focusing on one.

margert

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You really need to be very strong willed to hold and you need to be aware of what you have you are holding because sometimes it may take the coin you are holding over a year or so to materialize your dream. 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

lil_jb

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sorry buddy you got have nerves of steel , you can't teach that.

Shutup

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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?

You can overcome the risk of holding in bitcoin if you believe in that all your thoughts is positive. Don't look on the price falling but remember on how price of bitcoin is increasing. The people get rich in the high volatility of bitcoin. That you cannot experience what you see in the bitcoin millionaire's if you don't fight your faith. Only holding, trading and investing can have your dream come true.

Borisb52

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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?

You need to work out your trading strategy. If you are confident in the growth of the price of a coin, then simply set the price for yourself, where you will be ready to sell. And just wait for this price. But this does not concern shitkoins.

Cryptoproff

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Do not go all in or put your eggs in one basket because you never know what will happen, we are just predicting in trading and investment and we could make a wrong decision

Kavallo

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I have done that mistake myself, and the opposite mistake as well by the way. One of the tricks could be to sell JUST when you would be TOTALLY HAPPY with what you would get in return for your coins in absolute terms - which means that if the price would continue to rise you could afford of not caring about that at all, because you'd be already wealthy enough.

zemb

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I think you must be calm down and being patient is a good attitude to overcome fear especially in trading. Being able to see good in the bad thing are always nice to do, example if the price had dipped big. It is better to think positive than negative thoughts.

Jupeter

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Quote from: nicster551 on February 19, 2018, 01:13:33 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.

syahdurindu

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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?

this is often the case, we all always feel tempted to see a little luck from the coins that we hold, so we often decide to immediately sell it.
actually holding a coin is not always the best option, because I once held my coin in order to sell it when the price is very expensive, but the price actually went down and made me lose.
But if you ask for advice to deal with the fear of holding a coin, then I advise you to always think positively, and think that by holding the coin the price will rise multiply.

Deewhy2

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Patient is needed in to do so... Or else you won't profile much

Saichoukyushin

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Quote from: Bitcoincole on March 10, 2018, 06:21:18 AM

Quote from: Ashimwe on March 10, 2018, 05:50:57 AM

Don't look at the charts, forget about the price, delete your blockfolio and you will be all good

Fear is just a state of mind. Feed your mind with positivity and equip yourself with knowledge and confidence that what you are doing is right then your fears will be gone. Decide not just by numbers but also according to your needs. If you see that you are not losing and you need money then do not hold that long because necessity is the primary source of fear.

Not looking at thev charts, price or value is not a good thinh to do. You must need to know that trading is too volatile and the amount you invest is for trading purposes not including the money you use for everyday life. Learn to invest that you can afford to lose thats it. You need to overcome your fear by your own.

Bitcoincole

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Quote from: Ashimwe on March 10, 2018, 05:50:57 AM

Don't look at the charts, forget about the price, delete your blockfolio and you will be all good

Fear is just a state of mind. Feed your mind with positivity and equip yourself with knowledge and confidence that what you are doing is right then your fears will be gone. Decide not just by numbers but also according to your needs. If you see that you are not losing and you need money then do not hold that long because necessity is the primary source of fear.

Ashimwe

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Don't look at the charts, forget about the price, delete your blockfolio and you will be all good

Topic: How to overcome the fear of holding? - page 8. (Read 4505 times)