How to overcome the fear of holding?

[Dreamchaser21]

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.

Why fear if you HODL good coins ? being fear about this can't help you on your financial needs. Holding is really and investing that you are taking risk for a brighter future and if you really HODL bitcoin then you probably nothing worry about because this is our future.

[1715672963]

1715672963

[1715672963]

1715672963

[1715672963]

1715672963

[DARKHOLDER]

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.

Why fear if you HODL good coins ? being fear about this can't help you on your financial needs. Holding is really and investing that you are taking risk for a brighter future and if you really HODL bitcoin then you probably nothing worry about because this is our future.

Nothing to fear ....IF YOU hold top 10 coins

[Images21]

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?

Can you not control your emotions, mate? There is no point of us giving any tips when the only and most important thing to consider is to simply stay away from logging in to your wallet account. There is no point telling you anything that we do when at the end of the day you will still cannot control your emotions. But try this, dig a deep hole and then bury your wallet address and private key there in a bottle, and then cover them. Dig it back after 3 years.

[sheryl26]

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?

Just being optimistic all the time because if you be pessimistic you will always end up nothing. Im this industry we need a lot of patience even if the bitcoins and all the other coins are in red in tha market just think that it is the right time to buy cryptocurrency because the value are low and cheaper and after a month you will see a green days in the market then you will just hold it because it will pump more like for example bitcoins they will never reach that value if they are not that reliable.

[gentlemand]

The perils of not holding are littered around this forum like burnt out cars after the apocalypse.

I remember when Bitcoin was back to $1000. Some guy was PMing me asking whether they should sell and walk away from crypto. I advised against it but I could tell that he was going to do it anyway. Look where we're at now.

Similarly I'm sure people were scalping alts like ETH before March thinking they were champs. Then it exploded. No doubt they were 'waiting for the dip' all the way from $10 to $400. They got a dip eventually but horrifically higher than they wanted.

Black or white positions almost always bite you eventually. If you really want to play then go do it but hold the majority.

[richardsNY]

But try this, dig a deep hole and then bury your wallet address and private key there in a bottle, and then cover them. Dig it back after 3 years.

That doesn't help at all when the core problem has still not been taken care of. People try to forget about everything related to crypto, but they can't since it gets covered in the mainstream media, in almost every news site, etc. If you can't prevent yourself from doing something that might work against you, and you don't know anything that can help getting rid of it, it wil always form a limiting factor in your life. In some cases you just have to accept that trading or investing isn't the right thing for you to get involved in. It's difficult to do so due to the potential profits this market has to offer, but if you consistently make the same mistake, it obviously means something....

[fullhdpixel]

The easist way to overcome the fear of holding is buy a coin and do not check it's price till the moment you want to sell it.

Yes, but how often can you follow this advice. I mean if you have coins with you , you will always be tempted to see what going on in the market? Whats the current value of the coins and other things like that. And if the price is very low you will be worried and a high price will give you greediness to sell the coins. Rather than stop watching the market, you should make your emotion strong and have control over your emotions.

It is difficult to not check the value of Bitcoin while you are holding it because of its fluctuating nature and present progress. In my opinion the best way to conquer your fear is to face it. Buy a coin and look at the price at least twice a day.

This will help a lot in getting rid of fear and it will also develop a good understanding of digital market but the most helpful thing is patience and a calm mind.

[Allan Ramanda]

before you hold the coin, you should better understand the development of the coin. if the coin has no potential, you should sell it right now. my advice you should be diligent to see marketcap to assess the development of your coins.

[bribed]

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?

I guess the time teaches this lesson. When I started I was also afraid of losses and sold too early, but I learnt from this when I realized that prices recover after a downfall, and so I am a confident hodler now!

[Dailyroberts]

The easist way to overcome the fear of holding is buy a coin and do not check it's price till the moment you want to sell it.

Yes, but how often can you follow this advice. I mean if you have coins with you , you will always be tempted to see what going on in the market? Whats the current value of the coins and other things like that. And if the price is very low you will be worried and a high price will give you greediness to sell the coins. Rather than stop watching the market, you should make your emotion strong and have control over your emotions.

It is difficult to not check the value of Bitcoin while you are holding it because of its fluctuating nature and present progress. In my opinion the best way to conquer your fear is to face it. Buy a coin and look at the price at least twice a day.

This will help a lot in getting rid of fear and it will also develop a good understanding of digital market but the most helpful thing is patience and a calm mind.

This is my problem for holding a coin. I always keep checking the price from my cellphone even in the toilet. I can't leave this behaviour. I couldn't find a way to leave this i the past. Any suggestions are greatly appreciated here. I understand the users who are in the same position with me.

[katiecbell]

holding is good especially if we are holding bitcoin but altcoin can be a good idea to hold if we can buy at lower price. but sometimes we are too greedy when we see the price is increase fast and we are not selling because we want bigger profit. if we do this, then i think our chance will loss so we can not sell to make profit. but if we don't want to be worried for holding altcoin then i can suggest to you to sell it right away if the price is increase so you can get your money back plus your profit.

The value of bitcoin and other cryto currencies are unpredictable, you should always monitor its value from time to time. Some of it may increase and some of them will decrease. Absolutely correct, sometimes our greediness may lead to the loss of our chances to have a good profit. We we're trying to wait its value getting high, if you feel its value is quite enough its time to sell it as soon as possible.
In order to overcome some of fears in holding be contented if you feel its a right time to sell to have a good profit. I believed that there is another chances to gain more profits from other crypto currencies which you try to hold.

There is nothing we can deny about that all of us actually have a fear of losing their money once they get into any kind of business. This fear can only be overcome if you can manage to take control over your nerves and that too at the hard times especially.

You need to make yourself understand this thing that there is nothing good than that of holding and if you will hold your bitcoins, you’ll be rich one day.

[setupbounds]

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

But even before that, a person must have a good understanding of his digital asset. Without knowing digital market, it is difficult to survive here. 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 and can predict its future with accuracy.

[santieevanz]

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?

In order to overcome the fear of holding, you should always think positive because if not then probably you will come up to the point of getting scared and tempted to sell all your coins. Since the bitcoin value keeps on increasing as the time pass by, then probably that will give you 75% that it really does increase. And just take time to read about bitcoins, it will help you a lot.

[karabasss]

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?

Just do not think about it, but watch the price increase. And with corrections, you just need not panic. Now is the most successful period to retain and increase your capital.

[barbara44]

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.

Haha, Yes this is human nature that we cannot resist temptations and that too when it is in the form of big money but for those who want to have bigger money as a profit, they easily overcome these temporary temptations. Bitcoin is the one which often increases in value too much and that is the toughest time for those who are suing bitcoin as long term investment to avoid selling off bitcoin for enjoying profit.

[Herressy]

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?

Just do not think about it, but watch the price increase. And with corrections, you just need not panic. Now is the most successful period to retain and increase your capital.

Panic make you nervous and maybe this can be the reason why you sell your coin in the low price, when you are in the trading you should keep calm to hold your coin, just be positive to your coin.

[RealPhotoshoper]

Do you have fear holding US dollar or Euro fiat money that continues to lose its value every year for around 10%? If you don't fear to hold something that will lose 10% by default every year, then there is no reason to have fear when investing in crypto currencies that people see as the solution for the fiat money problems.

Inflation makes people move to crypto , but people mostly become greed whenever they feel so easy to gain value in crypto .
And as time goes by it turned into fear losing what they have gained , so on the circle in holding always like that.
The resolution is by put the money that you can afford to lose , so you won't feel worry anymore.

[ahtremblay]

How do you fear if you have good knowledge and skill? If not, you should learn and practice more and more before spending a big budget in cryptocurrency.

[tiggytomb]

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?

I was exactly the same as you, this year I have finally become disciplined enough to take my initial investmemt and a bit extra but leave the rest of the coins alone.

I used to sell way too early and then kick myself once the coin skyrocketed, my advice would be what I said above, take your initial plus some profit and try to leave the rest alone.

[hispout]

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 totally depends on you bro! If you are a long time holder and you trust the coin you are holding, I do not see a reason why you should sell when it has gotten to a certain value. However, if you are a trader, whether long time trader or not, then you should be ready to understand how the chart works as that is what can help you to make good decisions on when to sell or when not to. Moreover, you can sell and then buy back later on when the value is lower.