Bitcoin Forum

Long term investors are the real investors, is not easy to hold watch your money going down by the day, people who buy occasionally during deeps and store don't usually calculate current price action  because they are after the future. Characters of holding includes not checking or bordering about daily price, not minding the reductions or increase in price, they're after accumulating more of bitcoins in units or fractions, not regular negative news listeners, and they barely tells if they've loss a lot from the system, finally they're very patients enough to wait for recovery and overflows in price.

But as humans have you ever have this fear of holding? Like what if something happens to my investment?  Did the negative news sometimes threatens your feelings? Like a case of politician in my community who bought 10 units of bitcoin after his political appointment six month later was caught by government ban policies trying to withdrew remaining units of 5 and some fractions after the long time of bearings season, he was sore afraid to loss more than that. He was caught by bank regulatory policies of no transactions with Cryptos related business and local banks and his account was seized.

Have you also have that fears before? Is holding for too long OK?

There is nothing perfect than waiting for bear market to come. After it comes, hold for like 2 years or more and enjoy the bull market.

There are some people that make the mistake of buying at high price, followed by bear market. Some people would have sold in losses, but those that also hold for long later will become happy.

Holding for long is also healthy, it makes you healthy than the panic of checking the market price all the time.

wrong board, this thread should be moved to Beginners & Help.

Of course, a lot of times, who wouldn't get worried or afraid when the money you invested is decreasing? even if you believe so much that in the end, you'll gain profit from investing in Bitcoin, those feelings will probably come from time to time probably during a bear market.

yeah, I mean it is ok as long as you know what you are doing and the risk you are taking, but then again, holding for too long could also make you miss on potential profit because of hodling.

It is natural you panicking to selling your assets when you noticed a sudden decline or drop as a result of fud and other factors too more especially when you are holding for a short time.

No investor would be comfortable watching while their assets value decline without taking profit from it or better still taking back their capital while they can to avoid loss.

This is the experience of every newbie.

If you are holding BTC, and it is in your hardware wallet or in an air-gapped computer, and you practice great opsec, then nothing can happen to your investment, you only have to hold it for the long term.
I don't understand what you mean here bruh, your BTC can only be confiscated if it is in a centralized exchange, that's why it should only be stored in your self custody wallet like Electrum or BlueWallet.

in the past I have had bad experiences with holding altcoins. it started when i buy altcoin on exchange, i withdraw it in wallet. but i forgot about it. I accidentally held on too long. it has even gone through several pumps and finally a very sharp decline occurred. sizable loss.
from that experience, I see, if you want to hold for the long term it is better to choose Bitcoin. any altcoin is too risky for our investment. unless you are a person who always goes to the market every day.

I think this feeling is common during the first experience of hodling, the fear to lost. But as one keeps having more experience in hodling and gets familiar with the market the fear to lose won't be any longer.  As an experience investor If one keeps having fear of hodling it is either the person is not into the right investment(shit coin) or investing with the amount he can't afford to lose. It is only when you are not hodling bitcoin the fear to lose will always be in the mind because when it is not bitcoin it is always assumed things can go wrong at anytime.

Holding crypto/bitcoin assets for a very long time is not an easy matter. Many people are tempted by a small increase, then sell it. After selling it they regret it, because it turns out the market continues to increase. So it's true, investing in the long term, you have to be really unanimous, your determination must be strong, your calculations must be mature, you must be mentally strong and don't forget that investing in crypto/bitcoin for the long term, you must have a steady job, with monthly salaries. Because if you only rely on investing in crypto/bitcoin, you are afraid that before the target price has not arrived, all the assets have been sold, it is still better if you sell when the market is rising and you will have a profit, but what if the reason you are selling these assets is because there is an urgent need, something like that is very inconvenient. So when you are going to invest, the point is that you have to have a steady job, that's for provision, while waiting for assets to experience a high increase, so you can be more calm in investing.

When I first learned to be an investor, I often experienced fear when I saw the price increase every day. And it made me learn to overcome my fears and worries to be able to hold bitcoin well. And it has worked so far that I am no longer afraid or worried about holding bitcoins.

It takes courage to hold on to bitcoin when the price is dropping, let alone dropping drastically because most people are not ready to see it. The crypto market will always be up and down, so we must prepare to hold on firmly.

If you are a bitcoin investor, don't be afraid to hold onto your bitcoins when the price is corrected. But precisely, those are the best times to buy bitcoins because you can have more bitcoins.

Only a few may not be concerned with the daily price movement, but keeping up with some news and updates will always make you check the price. After all, we are all humans. There is fear, and there is determination. I can say that someone who is really aware of Bitcoin has already killed the fear in them before they decided to put their money into it. When you fear price manipulation, that means you may not have the zeal to invest again, but before they invest, they are already aware of how volatile the asset can be. It may not be certain, but I invested in Bitcoin because I know I will make money from it and that it will not crash overnight and that it cannot just crash so easily.

The greatest fall of Bitcoin was in 2011, when it fell by -99%, but after that, it struck its ATH in 2021. I have killed my fear, and I will be holding and also selling fraction by fraction when I see a tempting price that is favorable to selling. Fear I had in Bitcoin was just in my early days into Bitcoin.

I do think that HODLING requires the responsibility of the investor to determine whether he aims for short or long-term investment.

Given that the price of BTC is volatile, its price may either increase/decrease without any given notice. This calls for the person to decide whether to sell their BTCs for a short-term gain or a long-term gain/loss depending on the amount of his initial investment.

Personally, I would HODL 50% of my BTCs for long-term and sell the remaining 50% as a short-term investment and re-invest my profit in order to maximize my holdings for the future.

I do have that personal worry but it's just a result of being paranoid. I guess this is normal and part of human behavior that we do worry even if we do nothing badly.

And that's based on the feedback that we get from the community and those sad stories about how they've gone wrong with their funds. Either, misused, lost, hacked and other unfortunate situations.

But eventually, I'm also reminding myself that there's nothing to worry about. It's a mix feelings that we're able to combine all of our real life problems and our investment problems and that adds to the worry that we're having. Well, they're all pretty normal if someone have this on his mind.

These holders that are able to resist panic selling when the Bitcoin market crash or temptation to sell when the Bitcoin price surge know the fact that Bitcoin is more essential and profit is way more bigger if they hold Bitcoin for more than one cycle.  They don't get frustrated when the price is crashing because they know that Bitcoin is always 1 Bitcoin and will only incur losses if they sold when the price of Bitcoin dive too deep.  As long as they hold BTC they are only losing the paper value and will recover when the market transitioned to bullish trend.


Fear can be overcome by knowledge.  Knowledge gives confidence that is why I believe those who are still holding their BTC tights are not only smart but has wisdom about the Bitcoin economy.  I admit that before when I lack the knowledge about Bitcoin trend, I also get shaken but as I learned about Bitcoin and its cyclic path, the fear just fade away.

Oh absolutely. I even experienced losing everything after waiting for too long. So, it's in 2018 when I hold a new altcoin token called REBL, where they kick off really well at the beginning. All the team members are doxxed, and they really look professional. They had a big airdrop back then, and everyone hyped it. Everything looked cool, and finally they reached their ATH at that time. Then, as naive as I am as a beginner, I thought with this kind of project, we could reach a higher ATH at that time. I decided to not sell it. At the time, I was unfamiliar with the pattern. I was so naive. Then, I hold it so long because they promise us great development and partnerships are coming. Just to be disappointed because they changed their project direction into an exchange project, which then failed because of a lack of funds in the middle of the journey. That exchange never occurred, and they cancelled the project, causing the price to plummet to zero. What a nightmare!

I'm pretty sure almost everyone had thought of capitulating their entire holdings(and probably quit the bitcoin/cryptocurrency space altogether) the first time they experienced a good price crash. Probably even the biggest bitcoin holders experienced something similar. Though definitely not everyone actually ended up acting upon their fear.

It's a big mistake holding through a bull market, that must have been a painful experience, let me tell you that, no matter how good a project is, always take your profit in every bull market and put aside some fund to buy the project back in a bear market it you truly have a big interest in the project, so even if they later fail you already make a lot of money by selling at the ATH, we all have one or two painful lessons we learn in crypto space, I bet this is one of yours, accept your mistake and learn from it.

It's good to be fearful but when we are talking about investment and you have fear, it means you lack the knowledge about what you are investing your money on, if you understand what you are investing money on there will be no reason to fear, knowledge is power, knowledge kills doubt and fear.

My advice to most people is that if you are not the patience type of person, don't venture into crypto, because it is not a get rich quick scheme and a good an a successful trade must learn how to always take profit.
Holding alt for far too long can be very risky because a negative news about a particular coin can reduce the value of that asset that it will be so difficult for it to recover unlike bitcoin that always bounce back.

In matters relating to finance, it is unacceptable to allow emotions (fear is one of them) to influence the chosen behavior strategy. Have drawn up an action plan for your investments - so stick to this plan. Despite any news and events. No need to let the information noise affect the achievement of goals.

You don't need to hold on too long. You need to hold exactly as much as you expected.

All these questions about fears and worries make me puzzled: if you can't control yourself, then maybe you have nothing to do in the world of investments? Weak hands won't last long here.

Yes, holding cryptocurrencies for a very long time is the best course of action. However, if you lack the necessary patience, time, and other resources, you shouldn't invest in cryptocurrencies like bitcoin because doing so will require you to rely on other sources of income as well.
It's strange, though, because when I hear bad news and haven't checked my phone in a while, I generally rush to do so, fearing that my money has vanished. On the other hand, when I read good news, my mind will settle down.

Definitely, you have the feeling that maybe someday, all your investments will go down to drain or some unfortunate things happen to you that you were not able to transfer it to your love ones.

So I guess you should understand how long you gonna HODL or when the time to share your investments to your families in case of something bad. Perhaps you can search the forum about it, for sure there are a lot of threads about bitcoin's inheritance, in case you wanted to know everything about it.

I have no fear to hold for long, this is because I have understood that long term investment gives good profit than short term. I don't get discourage of bitcoin price pump and dump,all I know is that there must be a halving and after bitcoin halving the next year becomes bullish. This is what I am calculating while investing, this orientation gives me more confidence to hold for long.

I hardly check bitcoin price,only when am reading news on cryptocurrency that the price shows up,apart from that I also come to know about the price in the forum when I login. We all have our focus and target price before selling off,but get panic and sell if you are not making any profit just be patient with the market,because for sure it will pump at the right time which is unpredictable by man.

I definitely say YES. Full of fear when the price drops after buying, everyone can really feel that when you are new in the crypto market but along it, while having some pump and dump experience, you can be immune to such normal events. Buying and holding Bitcoin and some potential altcoins could really give us peace of mind because we believe that it won't go down too easily or collapse, unlike these shitcoins and meme coins where there is always pressure on you.

You are right,let's use the word weak hearts won't last long in the Crypto trading,one really needs to be brave in trading because the market goes up and down,and one needs to be very smart in taking advantage of the period that the coin is good and okay to purchase.It is detrimental to anyone who holds and keeps his or her mind on the trade he has made.

There is every possibility that fear can grip you after trading,and the most important thing to do when you are undergoing this process is just to hold your emotions,I know holding can really be scary sometimes considering the long period of wait involved,it is only adviceable to be patient and not panic despite how long you keep your coin,but it is also good for one not to hold for too long.

Yes, the fears are always there when coins are losing value especially when someone is new in crypto market.holding for long term is the best strategy but the hardest part because it is not everybody that have that strong mind to bear the bear period.but I will say that experience and understanding of Cryptocurrency industry are always play a good part in long-term investment. When you have good knowledge about what you invested in, it will be hard to create that fear in your heart.so the main people that always afraid in the way of holding Bitcoin or coins with good potential for long term are newbies and people that invested what they cannot afford to lose.

Yes, when I newly started buying BTC and other cryptocurrencies from the market, I always had that fear in mind if the coins am holding disappear or continue reducing more than 3 years because, I was used to 6 months or 1 year holding then until I came to learn more from this platform that made me to hold more than 2 years to  gain More opportunity to earn well in the future. I know you experience such challenge in your crypto trading that made you to brought this topic, but don't give up on holding because many successful investors today went through what you are going through today. But you need to kill that spirit of fear whenever you are planning to hold like 3 years before you can sell like other potential holders in the community.

Holding long-term is something that I have always done until now. a number of Bitcoins started to be held for a long time until now and I still maintain it. Is there a feeling of fear when holding? There must be, because the value of Bitcoin continues to fluctuate making me once worried that Bitcoin will be worthless again. But when I already believed and Bitcoin became the best for the long term, I continued to hold it and even bought some when Bitcoin was crashing.

There is no doubt about holding long term with Bitcoin. But when you hold long-term with Altcoin it will be very risky to lose more value.

So far I as a Bitcoin Investor in the long term are still very consistent with my target, which is where I have kept holding assets all this time and waiting for the next few years, maybe human feelings still exist in humans but here I am not too influential on the mind because as long as Right now I'm focusing on looking for opportunities to continue to do DCA on Bitcoin which is to add little by little.


If the choice is Bitcoin to remain in a safe position in my opinion, and it's a different story if we hold Altcoins and we think Altcoin Investors don't hold Altcoins for a long enough period considering that the price increase factor is not too significant maybe they buy hold temporarily and sell in price folds that goes up a little. But in general Bitcoin is of course held for a long time.

There must be a sense of fear when we hold bitcoin because we see the price increase daily.
But if we can overcome that fear by controlling our emotions, we certainly won't feel that fear because we already have the knowledge and experience that are holding bitcoins has risks.
And as long as we can deal with that risk so it doesn't get big, we won't be afraid to keep holding bitcoins and even if the price goes down, we can buy more bitcoins.
What's important is that if we know the risks and how to deal with the risks, we won't worry about anything.

I won't lie on this because they will definitely be some sense of fear holding especially if you are a newbie in the investment world, like the op said its not an easy thing to seat back and watch your coins or should I say money go up and down knowing fully well that the market can go sideways within an twinkle of an eye. For me I used a simple strategy which is; any money I have used for an investment I just count it off my mind and just tell myself that its all for a greater good and the forum also acts as part of courage during an investment because many forum are always advising to hold your coins for long as its more preferable and profitable.

That is why it is always said that it is better to invest an amount that you are not afraid to lose.
Whatever happens, you need to understand that the entire responsibility for conservation, as well as for the amount of investment, will lie with the owner. No one can help restore the lost in case something goes wrong.
Therefore, each person will complain, panic, and regret in his way. Understanding all the risks, we take on the whole future, regardless of whether it will be good or not.

Yeah, the real investors are those who buy during the bear market and hodl into the next bull season before selling off; thereby allowing the circle to complete and repeat itself. Those who buy and hold without selling off at any point aren't helping advance and complete the Bitcoin circle. Hodling without selling off won't create the necessary dips that allow for the redistribution of wealth. If everyone is hodling and not selling at all, price won't rise.

To be sincere I don't like the idea of hodling when it's a bear season. Why hodl when you know the market is dipping? I experienced it in 2018 but never allowed it to repay itself in 2022. It's the same way I won't be hodling in 2026. So, before holding check what the market situation is like.

If you're a newbie then definitely you will get scared of missing out because you aren't used to the whole process, but then you must understand that you're taking risk because in other for us to make money, we beed to take risk, bitcoin should be hodl on your own personal wallet at first, this will help you maintain being safe from hack or lost of your asset, you can hodl bitcoin over a long period as an investment because it is also a very profitable decision to take, you can as well go on a short term holding base on your target while speculating.

Everyone here has hard same feelings once in a while and before we build knowledge of the market movement and volatilities, take for example when I first bought my first Bitcoin, the price dropped significantly the following week and that market action got me panicking and I result into constant checking the price of Bitcoin even though I have long term investment model but I was still concerned about the current market then.


But now that I have good knowledge of the behaviour of bitcoin and how unstable the price can be I mam now relaxed and can not take whatever condition bitcoin present at whatever time be it bear or bull I now understand that there is no stable one-sided bitcoin price condition at whatever time.

OP, you definitely asked a very good question.
If someone is a young and inexperienced investor, without much knowledge and with little funds, and has invested everything in bitcoin, then it is definitely not easy for him to follow the daily news about the movement of the price of bitcoin and other cryptocurrencies.
I think each of us should be aware that investing in crypto is very risky and that money can be lost. Therefore, we should invest funds that we are ready to lose, and that we do not need for everyday life.
After that, one should focus on other things in life and forget about this investment. You need to analyze the market well, make a concrete investment plan and have a clear exit strategy.
It is always a good idea to diversify your investments.
I am not afraid because I have invested money in bitcoin that I can live without and I am patient and willing to wait until btc reaches a certain price. In addition, I have other investments and I do not depend only on bitcoin.

Those who can do this have invested what they can afford to lose, let's admit it the market is highly volatile its hard to invest your savings here because of uncertainty, the market sometimes suffers from FUDS so if you're not really decided to HODL you will be tempted to sell at a loss, and most of the times the long wait is unbearable.
I also admire those who invested here and HODL whatever the condition of the market honestly I fear whenever the market is dropping because that means I have to wait long before the market gets better and during that time I might need money for my daily or emergency needs.
How I wish I have a good-paying job or a good business so I can also accumulate without thinking of selling when I badly need funds.

When sticking to Investments in Bitcoin so far we are still consistent, yes maybe in fear someone will come to where bad times are happening in the market and they start to think, but for old investors we think this has become something normal for them, considering the journey of Bitcoin from year to year, of course, things often happen that every investor doesn't want, but what is certain is that the fear still exists even though it doesn't really have an impact.

I am also afraid when I am holding crypto. Who wouldn't be afraid of holding crypto?. There are reasons why people are afraid of holding but I think there are some people who are not afraid since they are more willing to take risk and have lots of money. People like us that doesn't have lots of money are much more afraid to do so. There are some people who are new and doesn't have lots of experience are the ones that are much more afraid.

Yep, mostly when I was just starting with Bitcoin. Whenever I receive bitcoin as payment or after withdrawing it to casinos, I always find myself selling it as soon as possible because of the possibility that the price might go down, meaning, I couls lose some of my asset's value. But that's not the case anymore for me today.
With altcoins on the other hand, I hodl a lot, which I later realize to be a wrong decision.

You can classify people into two categories

• Paper Hands
• Diamond Hands

Paper hands are where you would know if someone dislikes or is uncomfortably HODLing their coins.
Diamond hands are holding it no matter what happens.

I think we have all been through those phases and I hope everyone would have made right decisions.

Cryptos? I think crypto is altcoin and bitcoin is still bitcoin not crypto.

If you hold crypto, obviously, you will definitely have excessive fear because if you hold the token, the risk will be very high. I don't even dare to do it in crypto, except holding BTC, even though the fear is there, but it will still be opposed because I think BTC will better in the future if I can endure it longer.

BTC always has a good cycle and it always reaches ATH. This can be seen from history, how we saw it, so the only holding now is BTC, not altcoins.

It is natural to have anxiety and fear, it is human but you have to stick with BTC if you want to be profitable.

The long term has always been the best choice in bitcoin, the characteristics of bitcoin are actually strong in maintaining value, so many investors prefer to hold in the long term.

Of course panic and worry has been experienced by anyone in the crypto space, especially for those who are new to investing. Negative news, exchange crashes and cases of a political nature affecting bitcoin will have a psychological impact on long-term holders, because it relates to the money we invest and moreover the amount is large and not limited to one's ability to undertake the investment.

But over time, experience will teach the ability to control the risks involved in investing. Experience will also teach us to read market movement situations and understand bitcoin travel conditions from time to time and price fluctuations cannot be separated along the way. So it is very natural for people to feel worried and experience fear when starting or who have been involved in investing before.

Well this doesn’t happen to me as I am more of bitcoin enthusiast and I have never heard issues holding the Bitcoin. And it’s even preferably to me than cash.

Most people that would be scared of long term holding should be the ones that are holding Altcoins, there are risk holding those altcoins especially the more affordable new ones.

Actually it is easy as long as the money you had invested are just the one that you can afford to lose. I can still recall though my experience before where I kept on refreshing the browser for the price of Bitcoin in the span of  5 minutes. It kinda gave me the bad habit of looking into the price endlessly, but then I overcame that bad habit though.

I never had the fear of holding now these days. It's like I even forgot that I even bought Bitcoin then only to found out that one day my investment just went kaboom! No profits within a year? Meh, it's fine. Hundreds of profits next year? Holy crap, I did not see that coming.

The politician in your story either didn't have the right people around him to provide him with wise counsel on what to do or he choose not to listen to them. Because if he had ain't no way the bank woulda caught up with him.

When people bring up questions like this whenever we are having a conversation, I tend to remind them that there are a lot of factors that are at play. For example, holding for too long is dependent on the financial goals of the individual. While currently some persons may be holding to take profit at slightest opportunity, some are waiting for the halving while other are holding until the recession and inflation goes aways. And then there are the hard-rock guys who are holding forever.

The only time I was scared of holding was when I started cryptocurrency newly, I was scared maybe bitcoin will dump hard and it won't be able to recover back, gradually when I was learning more about bitcoin, I was getting confidence till when I fully understand what bitcoin is all about, then I realized that bitcoin will not die, the only thing that can happen is that the price will dump and if I can hold, then the price will definitely bounce back with time. So now if bitcoin is dumping, am always using the opportunity to accumulate more.

My only fear for holding Bitcoin right now is just scammers or hackers or the exchange crashing or my account get frozen. Other than these stated reasons, if it concerns investment, I do not fear to hold for long term, so long as the duration I set is timely.
People who hold Bitcoin for long, for almost 3-7 year duration have more potential of accumulating profits despite the upheaveals of the market. It's okay to hold if the resource is one that can be lost. Better put, research and invest only in risk you can afford to loose. Employ good strategy to invest like using DCA method.

Altcoins are certainly not for long term investments, so you need to hold them only for short term and then be ready to sell them before their prices decline. But some failed to sell so they end up losing. However, with bitcoin, it’s certainly good for long term investment, so the more years you tend to hold it, the higher the value it gets. Especially if you hold it until you forget that you have a portion of bitcoin in your portfolio, I guess that would bring very huge profits by then.

Same to you then, mate as we are an apprentice in this crypto journey before.
It is a process, we feel doubts and worries because of no experience and totally lack of market understanding. And aside from that, we really don't have any idea where it goes because it was new and we all are just testing it. But it was enough, our experience taught us how to be strong, it taught us how to manage our emotions, and most of all, it gives us faith in believing that Bitcoin has a bright future.

Both long-term and short-term investors are real investors. Both require patience to hold, goal are also the same (profits). Both types of investors also need the knowledge to analyze when the right time for entry and exit. I don't see significant differences between them.

I assume every investor must experience feeling afraid. As humans, feeling afraid is something normal. However, if we understand how crypto market work, we don't feel too afraid. Bitcoin price drops aren't the end of our assets, it only happens temporarily. As long as there are Bitcoin halvings, there will be always the chance for the next ATH or another bullrun season for Bitcoin/crypto.

No one wants to lose money when investing, so my first priority is to make a profit rather than a loss. I also keep an eye on the price and hold an investment for a period of time to see if it is at the right level to sell for a profit, but I don't mind doing so for an extended period of time because doing so is also a part of my investment strategy.
I'm trying to convey that as an investor, you should keep in mind that holding for a long time must be one of your goals before investing since there are times when the price will be down and if you sell it, you will lose, so you stay for a while to avoid being lose.

Ofcourse yes,holding and exercising patienc is something
not all traders have the ability to do,as the name implies,"holding" which means you must have in mind that you are really going to exercise patience because it's really going to take a lot of time before it can  be profitable to you.There is no one who doesnt have that fear after putting a whole lot of money in investment made.I remember the first time I knew about holding and I wanted to invest in it,after using my last currency in  holding,I started blaming myself and I felt like I wouldn't have invested that amount  in it,but I already did,and there was no way I could get the money back.

I want to make this very clear, in the crypto industry, if you can't hold, you can't be rich, secondly holding alt for too long is extremely dangerous for your money, if you want to invest, do it with bitcoin, most times you may loss the opportunity of making very good profit by holding too  long, that's why it very important as a good trader to always take profit, so that you won't be at the receive end at some point.

Holding for too long is still okay, if you have trust on it go for it. You can hold for a longterm if you're financially stable and you're not worrying about what you hold. It's really important to have asset management, we know it's really risky to invest cryptocurrency and that cryptocurrency or trading is made for the risk taker so every holder know this, but if you're financially difficulty it's really bad to hold crypto like bitcoin if you're not financially stable, you will need the money that you invested because you need money for daily needs such as a food, bills and tother stuff so it's really important to know this before entering in cryptocurrency and hold such a money. god bless to you

That's not always gonna the case, since there are times that those holdings are unintentionally done because there are times that people forget about their holdings but suddenly they remember to have it when they see the value spike. There are scenario that people do hold but unfortunately they cannot handle the bearish condition of the market and sell their holdings at much cheaper price.

So before thinking about doing it much better if you do some proper research to know the risk and to practice how you can handle it.

Yes Bitcoin is a cryptocurrency. Why?, Because cryptocurrency is what people use to call an electronic currency and that's why Bitcoin is also a cryptocurrency since Bitcoin is also an electronic currency like the other crypto such as ETH and altcoins. What you said about coin and altcoins is that's what makes it different from Bitcoin. Bitcoin is the original and the rest are alternative coins or in short, altcoins. I don't care if you think that way but everything I know and what I have learn are from the people who have vast knowledge about crypto especially those who are reputable forum members here in Bitcointalk forum.

If you are afraid of holding your coins for the long term because of price volatility then it's possible that you are not sure of the coins you purchased or you invested the money you are not ready to lose. Crypto investment is risky and that's why investing money you are ready to lose is the best way, when price actions behave like it always do, you won't be bothered. So which one?

Fear, Uncertainty, Panic selling, and tired of holding, all these are my former ways of handling crypto assets, I knew how to pick the right projects but my lack of patience made me lose wonderful opportunities, to become rich.

Try using the money you are ready to lose, do good research on the projects very well, and make sure you gain confidence in doing so, your confidence will come if you are positive about the project. If you are doubting then do not invest. Holding for the long term brings better ROI for investors than taking short profits, if you can do it you are already a winner.

Is it necessary for someone to work for a living before investing in bitcoin and other cryptocurrencies? Someone can invest by having a small small income; it is not necessary to be a salary earner; all you can say is that someone should think wisely and do not use all they have for investment rather than savings, and then plan for their daily provision to eat and other necessary things to do out there. One can sell his or her investment when there is an urgent need and there is no other way out, or when the real money are insufficient to meet his needs at the proper moment, which is one of the reasons he invests.

Yes I agree with you. It is safer to always to avoid loss even though it's inevitable in the investment community, that's why one has to look in details before investing but Bitcoin is a safe place to invest. Even if it falls for a while, it'll rise up again.

I would admit there’s always fears at first, the fear that you will only lose your capital in the long run and the fear that bitcoin price will suddenly drop sharply and then didn’t manage to recover. And I think these are normal because we have emotions that’s hard to separate from every action that we show. But maybe you get used to it the more you invest for long term. Once you experienced profits, your faith even grows more, until you tend to become unbothered with different price swings, and just hold it like you have nothing to lose in the end. A lot have been successful in it, and I just tend to follow their patterns when it comes to making success in bitcoin.

Everyone who is going to invest in a non-reliable asset is going to be afraid of holding the funds for a long timeframe due to the fear of losing the capital amount. One who invested in Bitcoin particularly, Who had learned and experienced at least one cycle with Bitcoin is never gonna be afraid f the market value Pumps and Dumps and He is gonna hold the funds in Bitcoin without any fear until don't need them. So always invest in reliable assets such as Bitcoin which will greatly reduce your worries of losing money.

Back then I was afraid of holding too much last 2020 when Bitcoin was hovering between $12k to $15k. I quickly sold fractions of BTCs to USDT for me to start buying Christmas gifts to my loved ones.

But a few days later, BTC skyrocketed to more than $20k+ which is something that I have regretted. Of course, it isn’t my last money though. I just don’t have enough faith back then.

For me not to make that same mistake, I started doing DCA with BTC last year despite that I am at a loss. But some of my DCAs I did bought between $19k to $23k which I am in a little bit of a profit and anticipating the BTC halving next year.

  Of course as a investors we must accept the fact that sometimes we felt greedy, because watching the value of our coin decreasing we can not deny that there's a time comes up to our that we sell our coin after the price will decrease but we must control ourselves and focusing on buying when the price is dressing and also we must choose a good coin to invest with like bitcoin, ethereum and many more trusted coins.

Yes, I have. I always lose money from dump then im become Airdrop and retroactive users. There is one airdrop you dont wanna miss. Zealy Campaign with 7000 $INFRA (Launch on may) & 1000 $USDT for free , here is the link : https://zealy.io/c/bwarelabs/invite/VP8sxjZualwSV9LoFZjsu