Topic: Let fear to lose be motivation to learn - page 6. (Read 1288 times)

fear? The biggest issue facing people today is that. fear of losing because if we don't lose, we run the chance of losing more. You must keep in mind when investing in cryptocurrencies that you will undoubtedly lose money and that you can also occasionally make large gains. If you don't lose, you lose more money, but as soon as you lose money, you may make corrections, which reduces the likelihood that you will lose again because you have learned.

Behind the profits that can be obtained from investing in Cryptocurrency, there is a risk of loss that can occur at any time which can drain some or all of the value of the money you have. Cryptocurrency is a type of investment that has high risk and high return opportunities. It is very natural that beginners are always afraid of losing because the comparison scale of risk of loss and profit is not much different. For those who want to or are just starting to invest in Cryptocurrency, you must learn from the mistakes of previous investors, always control yourself against the temptation of the lure of profits that can be obtained from Crypto investment.

Fear will shape your character to be more patient in carrying out the process, you will be more careful in investing to prevent the risks you fear from occurring. When you start to dare to invest in Cryptocurrency, of course you have done research on the coins you want to buy, coin fundamentals become the basic analysis in making the decision to buy coins for investment.

Having a crypto asset portfolio means that you own a percentage of a business because investing in Cryptocurrency can also be analogous to doing business. When deciding to get some coins to use as a long-term or short-term investment, you must be prepared not only to make a profit, but also to be prepared for the risk of loss because there is "uncertainty" in it.

Always feared = missed opportunities.

Trust me, I've experienced that as well. I've missed many opportunities in the past and even until now because I didn't want to risk too much money investing into a project that I know is very risky. My fear of losing money always gets me, but the good thing is that, I always have a plan B, and what I'm doing is I'd rather invest it into some established projects out there, or even into Bitcoin instead of a project that I know is very risky.

I've also missed airdrops that came out to be a successful project months after giving out their tokens. Airdrops such as the Uniswap, and Arbitrum are the ones that I missed unfortunately. My fear of me getting hacked or whatever it is, is always getting me. Just imagine how much money I've lost in just 2 airdrops because of fear.

I'm not saying that don't get feared because sometimes, letting your fear get you has some advantages as well. You said that your friends are still trading despite them having the feeling of losing? I think it's because they believe that there will be a time that they will earn from it. What they just need is to learn more. As for you, use your fear as a tool for you to get motivated in whatever you wanted to learn.

As long as you continue to fear in losing then you will continue to lose. If you want to win in trading then you should trade like a winner not as a loser. You said ever since you learnt about cryptocurrency investing and trading . But you dont seem to be like one who learnt well perhaps you skipped some important part of the courses or video tutorials if not you wont be taking about fear being a motivation.

As long as the purpose of this forum is to learn what we dont know and share what we know, I recommend a book that can help you get rid of  fear in cryptocurrency trading. Read "The Mental Game of Trading" by Jared Tendler. You can try downloading the PDF file; I dont have it at the moment as its been a while, and I've lost the file, but I hope you can find it.

If you are in cryptocurrency and you are scared to lose, then I think cryptocurrency is not for you. As a trader, you are going to lose money when trading, even if you are a professional. Losses might still come sometimes, so I can say trading is all about profit and loss, but as a trader, try and work out a strategy that is going to give you more profit. Losses shouldn’t be something that comes in often. But if you are a trader and you think you won’t lose money at all, then you are just deceiving yourself, you will lose, and as a newbie, you should be expecting more losses, you will lose more money in the process of learning.

Thats actually true especially when it's comes to trading well I can't say the same for other aspect of life though but when it comes to trading the risk is just too much. I myself have tried it out but that was due to the notion of no risk no gain and believe me sometimes it better off you stay with something you are actually not skeptical about to avoid any case of latter regret.

This one is right. In crypto trading, you should fear NOTHING as long as you are equipped with proper knowledge on how the trading works. Once you enter this business, you should be ready to lose everything, but at the same gain what you prepared to lose. Who knows what tomorrow brings, right? Your curiosity, eagerness, and risks taken for this field is already an investment aside from your time and money.

Overall, your efforts would not be in vain if you know how to wait and learn how this field works. Do not make every failure a hindrance not to try again.

Fear is normal especially if you are not really sure what you are doing and most of all, if you have thought negatively already.
If can change our mindset to positive, we no longer have such FEAR in mind but courage and motivation. In order to gain motivation and courage, we must beat our negative thinking and stop being affected by the FUDs. We can't move forward and achieve our goal if fear remains on us because this will influence our decisions.

Not only talking about crypto here, but about many situations in life where you can feel fear: knowledge is power, and generally speaking power can make an individual overcome insecurities (and in some cases even feel invincible, so watch out). If in the case of the OP, fear is the motivation that forced him to learn, it may not be the best trigger to do it, but it can be a good way to channel these sensations, so he shouldn't be blamed for it, quite the opposite.

In many cases, we have heard about grown-up men and women who tell the younger ones: I was like you, but experience/knowledge made me lose fear.

So, to me, the OP is not only right, but also brave to admit his fears.

Everything in the world has its advantages and disadvantages, FEAR is the topic today and I am happy to share my opinion for others to read.

FEAR is good and it's also bad, there are situations where FEAR is what will keep you alive, I don't have to go into more details on this one, and there are also situations that the FEAR in you is what will kill you.

The thing is know when and how to react, be the pilot of your body and self, it's good to have fear because we are humans, and the truth is everyone has fear in them, but this can also push you to make the wrong or the right choices too.

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Now when it comes to crypto, it's somehow different, if you have fear in you as a crypto investor, it's either because you are still a beginner who isn't sure about what he is going for, or you are someone who makes decisions about crypto from the mind ( gambling ), you are either to lazy to do some research on your own or you aren't just manny enough.

Lack of research brings fear in you automatically because you will feel lost, fear of losing means you are doing something wrong, let's not forget the rules of crypto investment, which says invest only what you can afford to lose, doing this automatically erase any fear in you, if you still have fear then you have invested money you are not willing to lose.

Fear isn't the reason why I learn about crypto, I am inspired to be in the crypto space and learn everything about it, to me it's adventurous and I've made mistakes along the way, I learn from the mistakes because I accept my fault, no everyone can do this.

If you can not face your fears, it will stop you from achieving your goals. It's normal and part of human nature but when you allow it to consume and control you, it becomes abnormal. There's a saying that the fear of failure is the beginning of failure. When you are afraid of failure and you remain reluctant to learning, your chance of success will be limited. You have taken a bold step to motivate yourself to learn due to your fears. As you know, learning has no end and as you keep on learning, you discover new ideas on timely basis.


It's not bad to be scared of losing money as it's also part of the game. If losing money is not part of the game, no one will be worrying about risk management. The truth is that you can not do away with that fear but the important thing is not to allow it to stop you from taking the step.

Having fear is a natural thing for people who invest in crypto or trade crypto. But don't let that fear be with you because by learning more about investing and trading, you can overcome that fear. You will know how to overcome the risks so they don't become big.

You will also learn how to overcome previous losses and find ways to profit from crypto. As you learn more about crypto, you can overcome your fears and won't be afraid anymore because you already know how to overcome them.

Turn your fear into a strength to want to learn more about investing and trading. So that you can develop further in these two things and make a profit.

You may see it that fear has made you not to lose money in cryptocurrency when you do not have the knowledge of it. I understand that some newbies will always want to trade and invest when they do not know anything about cryptocurrency and Bitcoin. But I am also not impressed in your testimony because you are not supposed to be fearful of losing. If  you are very scared of losing your money, that means you may never make more money. What you need to do is simply to take your time and advance your skills in bitcoin trading and investment. When you have learnt alot, you will be confident and no longer afraid of losing.

Even  in our daily lives, we lose in one way or the other so stop being scared and do your best in the cryptocurrency market?

The fear of loss that you have within yourself when you are new to cryptocurrency is a very common thing, because it is very natural for someone to immediately experience fear when they do not have sufficient knowledge of what they have just learned about. Your motivation for fear of loss is very reasonable and quite logical because other people might not be so determined to trade or invest in cryptocurrency when they still don't have that much knowledge about it.

Fear that can generate motivation to learn is a very good fear, because with it you can avoid small losses after you learn everything related to trading and investing in the cryptocurrency that you like. Anything that can encourage a person to continue learning until he can truly control himself from his emotions and lust for profit is quite a good thing for that person. So I think the fear you have experienced is not a bad thing because it can lead you to more mature learning for yourself.

Kill your fear and make up your mind to learn and stop procrastinating if you have got the knowledge on how to trade,call I think you need right now is to let the fear of losing funds get in to your head because you can't win all the time meaning that you get to win sometimes and lose sometime again you can win all the time even though you are a winner.

Now if your aim of  trading isn't to make profit then don't trade because I don't think you are ready since making money is not your priority simply focus on building your knowledge on trading and hoping that you can really get better and make more profit than yo yever expected

Fear doesn't sound like a good thing at all but in your case, I can say that you have the good or positive type of fear. This fear is not the crippling one but the  one that helps the individual take up full responsibility and accountability for their crypto assets. On the other hand, the fear that leads people to panic and sell off their assets is bad or worse type of fear. Well I would conclude that the more you know about Bitcoin.

Conquering our fears as newbie traders depends on how much risk we are willing to expose ourselves in based on how much capital we have available. You can be having a $100 capital and be taking a risk that someone with $1000 should take in his trades.

If your  using $20 per risk you taking in eqch trade with $100 you've just 5 times of learning from it while,

With $1000 you have multiple times of 5 to learn on that fear taking the risk involved. So it therefore mean that capital has  a lot to do with  how much risk we can take as traders while trying to conquer our fears.


Even the experience trader with years of trading makes losses with or without fear losses will be there for traders, what's important is not to incur losses beyond our paycheque as that will be tragic.

It could be, and this might be more about how we become more careful and care about what we are going to do. Fear of losing money due to trading or investing is a reason for us to prepare ourselves carefully when we want to do it. So we want to learn and understand what crypto trading or investing in crypto is. So at least, we are not careless when doing or entering the world of crypto. This precaution is very necessary here.

The fear to lose is normal for us human beings. Because if you don't feel that certain emotion, you will look like a robot who have always been emotionless. However, I can see your good intention in your post. But always know that if you stay fearful all the time, it will never let you grow on your craft. Don't be afraid to lose, instead make it as your motivation to improve your trading knowledge and skills so you can lessen the risk to lose.

That will depend on our risk appetite, some people can take it high while others just can take it low. Fear is a big factor that would affect our decision making and honestly, it was hard to deal with it when we already have that phobia. Therefore, better to keep it low and never make this a motivation because that still appears someday and becomes a reason for our losses.
We have to keep in mind that trading is too risky and it is hard to keep your mind strong if you already have the fear inside.