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Author Topic: How to overcome the fear of holding?  (Read 4144 times)
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January 05, 2018, 12:40:38 PM
 #361

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

Whenever I receive some altcoin or a token, I sell 50% of it (for either Bitcoin or fiat cash) and keep the remainder for long-term storage. So far, this strategy has worked for me. It has helped me to maintain a healthy balance in BTC, and at the same time, I have profited out whenever an altcoin or token was pumped.

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January 05, 2018, 12:58:49 PM
 #362

Trading is really interesting because it puts you in front of all your faults
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January 05, 2018, 01:07:28 PM
 #363

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

Whenever I receive some altcoin or a token, I sell 50% of it (for either Bitcoin or fiat cash) and keep the remainder for long-term storage. So far, this strategy has worked for me. It has helped me to maintain a healthy balance in BTC, and at the same time, I have profited out whenever an altcoin or token was pumped.
This is a less risk strategy, since you already ensure the half half and the possibility of loses will only bary in some time, and will not allow to lose it since will hold it till it pumped.

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January 05, 2018, 01:36:41 PM
 #364

Yes, dealing with fear such a nice strategy to get good return at the end. As I follow, invest what you are comfortable losing. Even, I have been a long time watcher but never invested before. That also work well.
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January 05, 2018, 01:53:05 PM
 #365

as a new trader I often sell at a cheap price, but if in a few weeks the price will rise, I continue to learn how to analyze and predict the highest price so as not to make mistakes to sell coin with cheap price.

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January 05, 2018, 02:43:08 PM
 #366

Best tip yet is to avoid monitoring your coins’ market value; it will just make you paranoid. What I do is I usually try to forget about for a while like a whole month or so. When trading, make sure that you have other means of making money, like a job or a business so you won’t be itching to sell early. One time, I had to wait for 7 months which in the end gave me multiplied my investment 5X.
In short, we should not focus and look at the price every day but sometimes we should still look at the price, not to forget it because if we forget, sometimes its price is pumped and we do not know, we will waste a great opportunity to make money. And we should sell when the price of the coin we hold at a reasonable price, we should not be greedy and hold for a long time because the price of bitcoin is always increasing over time, it can affect the price of altcoin. Finally, we should accumulate more information and knowledge, that gives us confidence in holding because we have reason and basis to rely on
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January 05, 2018, 04:38:32 PM
 #367

Praticing everyday for few months you will pass the fear feeling. the fluctiation is a normal thing of the market. That will help you get money if you have skill.
over time, you will even be less bothered about the coin you got because it would have risen so much in price that anything that would get it back down to the value you bought it would not even be something that would likely be possible to happen.

Fluctuation is normal and the way the crypto market is, it is more like being in a stock market, some will do well, some will not but at the end of the day, you will get a huge benefit from them in the long run.

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January 05, 2018, 06:01:47 PM
 #368

The best way to overcome fear while holding bitcoin is to focus your energy on another thing that way you can  have a peace of mind.

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January 05, 2018, 07:51:48 PM
 #369

Praticing everyday for few months you will pass the fear feeling. the fluctiation is a normal thing of the market. That will help you get money if you have skill.
over time, you will even be less bothered about the coin you got because it would have risen so much in price that anything that would get it back down to the value you bought it would not even be something that would likely be possible to happen.

Fluctuation is normal and the way the crypto market is, it is more like being in a stock market, some will do well, some will not but at the end of the day, you will get a huge benefit from them in the long run.
I had a fear of keeping Bitcoin when the price was still 6000 dollars for one Bitcoin. But when Bitcoin reached $ 20,000, I was both happy and surprised. I did not regret that you kept me in your wallet. But for today, after the next collapse I again start to worry, and whether it is necessary to me to buy and again to store. I think that Bitcoin will return to 20,000 dollars and my act will be correct.

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January 05, 2018, 09:01:04 PM
 #370

I think you must practice many times to have experience. Besides, preparing knowledge carefully is also the good way to pass your feeling.

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January 05, 2018, 09:36:16 PM
 #371

you can hold a part of money you're willing to lose!
 in this way you will not panic to hold your btc (or other cryptocurrencies) for a long time.
Then when you are satisfied with the value achieved, it is right that you change them.

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P5YCH0x
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January 05, 2018, 09:40:10 PM
 #372

you can hold a part of money you're willing to lose!
 in this way you will not panic to hold your btc (or other cryptocurrencies) for a long time.
Then when you are satisfied with the value achieved, it is right that you change them.

Yup i used to go all in then quickly cash out until i realized i was spending most of my day panicking about market crashes. lesson learned.  Grin
di.ako.toh
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January 05, 2018, 09:57:46 PM
 #373

I think you have nothing to worry about holding. Because even the price of bitcoin is not that good stability, it changes up and down from time to time , but we know that biycoin will never end and crashed, so lets just keep holding and continue investing

Blue2012
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January 05, 2018, 10:05:59 PM
 #374

We should not fear about holding, the reason is despite the price of bitcoin is unstable,  it gets low and high from time to time , but we know that bitcoin will never end and crashed, just keep holding and take the risk of investments.
CopMom
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January 05, 2018, 11:59:01 PM
 #375

The fear of holding a crypto is sure many people have encountered, and can overcome it is not simple at all. According to me, every person has to have a specific goal for yourself when holding a crypto. When the crypto reaches the expected exchange rate, it should be sold for the profit rather than greed that the holding is at risk of loss. And it is important to monitor the crypto index continuously when there are signs of falling in the exchange rate should buy more than holding and focus on investing in other currencies. Learn how to control your emotions when investing as well as holding a crypto.

mornabo
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January 06, 2018, 01:01:28 AM
 #376

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

Whenever I receive some altcoin or a token, I sell 50% of it (for either Bitcoin or fiat cash) and keep the remainder for long-term storage. So far, this strategy has worked for me. It has helped me to maintain a healthy balance in BTC, and at the same time, I have profited out whenever an altcoin or token was pumped.
strategy is important to gain profit, sometimes when the price goes up, I do not sell all the coins I have, I'll leave a few percent maybe 25% just in case when my choice is wrong, if after I sell then the price is higher and I can return more profit by selling my 25% coin, and if the price drops it will not too hurt me, the strategy will make what you do to be directional, so make your own strategy for trading mate it will help you

djgtr
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January 06, 2018, 01:02:31 AM
 #377

We should not fear about holding, the reason is despite the price of bitcoin is unstable,  it gets low and high from time to time , but we know that bitcoin will never end and crashed, just keep holding and take the risk of investments.
It is a matter of choice  so then i suggedt everyone to think possitive  sow hwt if we are not gaining atleast we   can really learn hear alot of  things wrong decision is really a part of life to make us prudent enoughf in the near future in handling the a different kins of situation and we dont have yo be afraid of everything.

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Blackwhite69
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January 06, 2018, 04:36:29 AM
 #378

There always choices, as you consistent to your own choice. If you want to play you need to have opit target as how much % from capital financial. But if you hold it, draw it when you really need it.

That's right, you need to know that you must have high determination and confidence to get what you want. Wink
michellee
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January 06, 2018, 04:46:35 AM
 #379

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

Whenever I receive some altcoin or a token, I sell 50% of it (for either Bitcoin or fiat cash) and keep the remainder for long-term storage. So far, this strategy has worked for me. It has helped me to maintain a healthy balance in BTC, and at the same time, I have profited out whenever an altcoin or token was pumped.
strategy is important to gain profit, sometimes when the price goes up, I do not sell all the coins I have, I'll leave a few percent maybe 25% just in case when my choice is wrong, if after I sell then the price is higher and I can return more profit by selling my 25% coin, and if the price drops it will not too hurt me, the strategy will make what you do to be directional, so make your own strategy for trading mate it will help you

selling 25% if the price goes up is a good strategy so we can have a profit and we can prepare to buy back the coin if the coin is down and it will down after the price increase. besides that, if we do this, we have another chance to make another profit if the price continues to increase so we can sell it 25% or more to make a bigger profit. but I think we need to make our own strategy that will work best for us for a long term.
SirLancelot
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January 06, 2018, 09:11:16 AM
 #380

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?

try to be more patient. Obviously, you lost a lot of money due to the fact that you was very worried about any jump in the market. you should learn better the trading, and become wisely dispose of the investments Wink
Your heart not gonna let you there patience with the fucking dump from sharks or whales. It's better is don't look at the news, don't search the price just let it there.
Like they always say; if you cannot deal with it, then stay the heck away from it. It is tough ride, no doubt and there will always be some days where the market can go crazy on the negative side, so the best thing to always do is to try as much as possible to control one's emotion knowing that in the long term you will be making a lot of money or just abandon what you have somewhere and come back maybe in 5 years’ time.

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