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Author Topic: How to overcome the fear of holding?  (Read 4472 times)
worle1bm
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November 25, 2017, 01:21:11 PM
 #101

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?
The one way is loosing the fear of losing your money and just relax and relieve stress out of your mind by not listening to all the negative news about your investment.The other way is analyze that what changes are going to happen in market that is market favours you or not and then make decisions instead of exiting the situation without dealing with it.Be patient and hold your atleast 30-40%  investment for long term and do regular trading out of others.Sometime the situation is of pumping and dumping and we loose our coins so you need to be a keen observer if you don't want to loose.But with experience you can do it so don't worry about all that just be patient in crypto market and get profits.

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Laga08
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November 25, 2017, 02:08:18 PM
 #102

Do not regret about lost profits, greed is the main enemy of the trader. I closed the deal in + got a profit that's already good.
Xenrise
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November 25, 2017, 02:16:34 PM
 #103

Best thing to do is to put attention to other things like your work(if you have one), other things like your family and such. So that your fear of holding can be overcome by you. Take note, you're the only one who can do this one. So don't miss your chance.
slashz9
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November 25, 2017, 03:35:56 PM
 #104

the same as me when I first started trading, saw the price go up just a little I immediately sell it. a week later I see the same coin with a higher price, I think arghhhhhhh why I am too stupid, but if waiting maybe I can get more profit.
but the long wait was not in my opinion too good. I do not think trading is about how long you wait but how well you make decisions.
treather
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November 25, 2017, 03:39:13 PM
 #105

one cannot predict the future when it comes to investing, so i'd aadvice not to invest everything you have into crypto. Hell, if possible, keep your investment minimal. if things turn out to be great then fine, if they go pear shaped, you wouldn't have lost much, unlike going all in. For every coin that does well, there are hundreds that do badly, keep this in mind.

Chalxdon
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November 25, 2017, 04:29:57 PM
 #106

Hodling is one of the most challenging etiquettes of trading hich requires great deal of discipline.
When I want to hodl, I assume the investment to be a bad debt.
When hodling, patience is a virtue.
frowsiter
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November 25, 2017, 04:54:53 PM
 #107

Welding your money is just like investing you will feel a little risk but there is 80% chance that the money will grow because by holding the money you increase the reality of that coin or in other words that coin is not available in large quantity inside the market because you hold some portion of it. That increase some amount of price(now imagine that same thing happens when many people hold money together). Let's suppose if you hold your money and somehow you hit on market crash so you just need to hold some more so that market can recover and you will still have your profit.

I think this is better explanation why the holing of coins is successful.

Quote
that coin is not available in large quantity inside the market because you hold some portion of it.

But however we need to be sure that larger audience is following the same path otherwise it would be of no use. I mean there millions of coins that are circulating for any kind of project and if you are just holding 1% of the portion then also it won't affect the market in brutal or good way if you buy or sell it or hold it. This is why bitcoin is different where at least more than 10-20% of investors, with assets in the bitcoin are holding the money as it is and thats why we see the prices of bitcoin stable now a days and they are the one pushing the things forward.

So yeah that would be good idea to make it more sustainable investment, by having the coins bought at low and hold for long time. Thats what breaks the buy wall and moves towards next one and bigger one when we see it in the market or exchanger loop.


x86Daddy
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November 25, 2017, 05:26:30 PM
 #108

The best way to overcome the fear of holding is that reseaching about your coin carefully before buying it.
Dudeperfect
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November 25, 2017, 05:35:00 PM
 #109

Let me tell you from my own experience, I had investment in a particular coin a few months ago after doing my usual research but within couple of weeks after the investment, price fall down by about 30% to 35% (to be honest it was shocking to me) but since I had my research to back my investment, I didn't change anything but after a few months I saw 10% to 15% profit for the same investment so it not only covered the loss but also earned little profit for the same. Thus if you have a trust on the process and a research for the same then you don't have to worry about holding irrespective of the market conditions.
noictib
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November 26, 2017, 12:04:58 AM
 #110

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 should make yourself that not the trading with altcoins is a way to make profit but also many another options are available to make trading and  investment than why not to do everything with single time to make more opportunities and make more profit .
Since here I am making investment in many things but investment stretagy is better , usually I buys only those coins which have very low price According to average rate of the coin and easily turn that down into up of the price , so why not we should follow those ways of make money which are easy and low profitbale instead to put investment in big coin and wait for long term .
MotulDiesel
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November 26, 2017, 04:44:05 AM
 #111

I think this is not your disadvantage, sometime the fear make your mind clearly and  help you stay out of the broke of your investments. In my opinion, you should have a target of the profit, whenever you reach the target, you finish your investment, withdraw the cost and profit. A smart investor should know how long is a good time for a investment; Holding too long not a good idea !
hajimasan
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November 26, 2017, 05:18:42 AM
 #112

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 main and basic idea to make investment and get profit from the coin is totally different .
Since in the investment and getting profit are small but chnaces to loss turned into less .
First  of all I made investment in that coin whose price become down much and then wait for the increase in the price , after increase in the price I withdraw my investment with small profit and then wait for more increase in the price because I know that this is the natural thing in the cryptocurrency market that once a coin starts to increase then it can go at what degree no one can expect , so to have small amount of the investment in Coins after making profit is better thing to have profit , since profit will results into loss , but it is more better way to make safe your investment and make definite profit .
Bitcoinjheta
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November 26, 2017, 07:04:20 AM
 #113

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 main and basic idea to make investment and get profit from the coin is totally different .
Since in the investment and getting profit are small but chnaces to loss turned into less .
First  of all I made investment in that coin whose price become down much and then wait for the increase in the price , after increase in the price I withdraw my investment with small profit and then wait for more increase in the price because I know that this is the natural thing in the cryptocurrency market that once a coin starts to increase then it can go at what degree no one can expect , so to have small amount of the investment in Coins after making profit is better thing to have profit , since profit will results into loss , but it is more better way to make safe your investment and make definite profit .


In order to overcome fear , one should fed himself with knowledge - like doing research online or by asking with friends who has better and longer experience. Holding your coins for longer times will not give you losses but profit instead if its well kept and sold in perrfect timing.
panjay
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November 26, 2017, 08:05:03 AM
 #114

That's because your capital too big and you cannot afford to lose it or put it this way: that's some money for your living. Just put money when you think " it's okay to lose this money", usually that money comes from leftover after you divide it from your main expense/month and try to divide your portfolio like 1-2% for each coins. So if that's coin become zero sats next day you will not kick yourself to hard.
Sweeet123
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November 26, 2017, 08:37:40 AM
 #115

It is necessary to understand that patience is the key,you need to be willing to be thinking long term,in long term the value is bound to increase as more and more people would be aware in the future so the value is bound to increase, resulting in increased demand which will ultimately result in increased valuation,so it is necessary to understand that holding on to bitcoins now is not something to be feared of and that it can give you great value in the future
crypto1nvest
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November 26, 2017, 08:20:09 PM
 #116

You need to establish some rule for yourself.  As for me when I bought bitcoin on 1000$  I set a target to take profit ten times more. So no matter what happen you cant sell your coin early, just forget about them. You also can set a goal in time or price. But this rule works only with the good coin with fundamental and community.
I'm recommend you to read about  sunk cost https://www.wikiwand.com/en/Sunk_cost
Dart18
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November 26, 2017, 08:56:09 PM
 #117

I am also impressed with those big amount holders. They are really patient when it comes to that.
Me, I dont have much so it is okay to hold for a long time.
I just dont think about what number of dollar I have. I just want to add more bitcoin or altcoin then maybe will look at it afterwards.
I do sell my alts a lot of times then buy back but not bitcoin. Because I know, and I have my own prediction that it will go up as time goes by.
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November 26, 2017, 09:17:05 PM
 #118

For me its quite easy. I have most of my portfolio in different DAAs on https://www.iconomi.net/ and my risk is diversified. If bitcoin goes up, I am happy, if ether goes up Im happy, if altcoins go up I'm happy. If bitcoin (or any other coin) goes down I'm not that worried as my risk is diversified.
I just let the full-time professionals do the hodling for me and sell when the time is to sell and I love the product. I am gaining from the crypto grow as a whole and from grows of the individual currencies. The best thing about is I don't have to worry at all and use the time to do due diligences for upcoming ICOs.

ICOs are another story. I go big or go home here. I want big gains or lose everything. That is why hodl is also easier than Smiley I set a goal price that I want to achieve with ICO and sell.

Just don't be too greedy. Its OK to be a bit greedy. Just a bit.

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Shenzou
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November 26, 2017, 10:01:28 PM
 #119

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?
Well when it comes to bitcoin trading paiteince is the key, because selling early will cause us to lose a lot of profit, so saving it without a fear of losing is what keeps me going, you see bitcoin at the moment is the best and the fastest way to make profit, so its price is constantly going up, and even if a dump in the price and i have missed my chance to semm i know for sure that sooner or later the price is going to go up again, so the point is there is no lose in saving up bitcoin and eventually i will get another chance to sell, as for the other cryptrocurrencies it is hard to predict their prices, and they have a very unstable market so they go up and down quickly, so selling them when you get the chance is better than just saving it.
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November 26, 2017, 10:42:07 PM
 #120

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 is pretty simple for me because I am not afraid to lose all my money because I didn't spend any of them it is like a bonus for me. I do mot spend money to buy what I hold I just simply earn them by joining in a signature or bounty campaigns most of my holdings are bitcoins and ethereum because I knew that they will be huge in the future so I'm still holding them. While the others I just hold them because their value is too cheap and I do not want to earn cheap profits. Just think positive and always be optimistic especially to bitcoins because they will always pump.
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