How to overcome the fear of holding?

[Hotrod_88]

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 up to you how will you overcome your fear but me i was also scared before in losing money in this thing we always lose money we need to remember before we will pursue this thing we need to know that we can always lose money any moment and we should not be afraid with that because we can always win back our money it is up to us how we gonna win that back we just need to have a lot of source of income and do not stick in only one source of income.

[defc0de]

I'm not an expert trader so I also tend to be a bagholder most of the time. What I can suggest with regards to your question is to just believe in the project! Seriously, no one knows what will happen to crypto in the next few years. It's a make or break situation as mostly all of the current crypto projects are either in speculation or still in a very early stage of development. Take a look at DeepOnion for example. I have been into the airdrops trying to get some coins for free, but upon digging deeper it showed a potential promise of being a top performing coin as they have a very good community, active developers and top-notch features. The price went up to 5USD, and went back below 1USD (imagine that drop), and if I wasn't a believer of the coin, I could have sold everything I had. They are still to release their most awaited feature called "DeepSend" and it's a no-brainer fo rme to HODL this coin in the long term.

[criz2fer]

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?

Profit will always be a profit even if sell it earlier. By trading you can learn a lot from experience. Try to hold some of your alts that has potential growth. You can earn a lot from them. You should also use different strategies and don't be afraid to risk some of your earnings once you have learned trading.

[Dobrodav]

I think the best way is that you have to prepare a good strategy for each coin. After that you have to follow the market 24/24 to catch information soon.

[Crislyn4116]

To overcome the fear of holding a coins just always see the update or news about a your holding coins and share to your other friend what is the benefit to hold like your coins.

[ModaFuka1994]

As at the time I read the article you then rate Bitcoin is falling quickly, making those investments as well as holding Bitcoin become confused, anxious not know whether to sell Bitcoin or holding and pending rate increase come back. But if you have good knowledge of cryptocurrency you will recognize an impairment of Bitcoin at this stage is temporary, and if you're holding Bitcoin then firmly and wait until the price of Bitcoin rose strongly again in early 2018.

[nl247]

I think the best way is that you have to prepare a good strategy for each coin. After that you have to follow the market 24/24 to catch information soon.

The thing is that you can prepare a good strategy if you are not a trader. As long as you know the coin you are holding has a good support and in the long run can give you great profit, then there is really nothing to worry about. You should only be worried when you are holding a shitcoin. In fact, you should be more than worried and sell off immediately if you do not want to end up being a bag holder. However, anyone holding should know better to do some good research on any coin and forget whatever the outcome could be like presently and focus on the future of the coin.

[astridplomp]

i think when we choose to get involve in this cryptocurrency, we must have the brave and a clear mind in any decision, because holding can be a heart attack, we will never know what can really happen with the coin when we are holding, the scarest and hardest part is when the price drop, we must make decision to cut loss or keep waiting.

[upsidedown75]

First of all all potential altcoin and token will always rise as time passes.but sometimes trader think by gaining small profit they should sell now to gain profit from other coin ,it sometimes backfire as coin pump after few days after you sell it then you regret for selling.so it is up to trader to hold or gain short term profit.

Yes, which is the reason why no one should really bother what, could be happening at the moment and as long as what you are holding is not those set of shitcoins, then you will always make the best decision by holding.

This is a market that everyone knows it is volatile, and letting that overcome you or letting the fear of the volatility get you emotional, then you will end up making a lot of mistakes when you see the value rising to the top later in the future. As long as a coin has potential with a good product and team, then the best is to keep holding.

[Chandler32]

There will only be fear of you failed to trust and execute your trading plan. Even worse if you didn't have a plan.

[Kevin77]

First you should remember that trading with cryptocurrency isn't something that will make you rich over night.
If you want good profits out of your investment, you need to learn how to deal with ups and downs.
Bitcoin is a high volatility currency, you must have patience and wait longer for higher profits.

You must always remember that this cryptocurrency as a digital form it involves risks, as well as the process of holding it. But you have to earn what you want, if you like to have a high earning you gotta work for it and must face the risks involve in reaching it and be able to accept if you loose some and to make it as a lesson for the next time.

Anyone that understands the volatility risk of bitcoin and does not care about it will definitely overcome the fear of holding. There is no two ways about it, it depends on each individual and if they still believe that bitcoin is going to end up giving them all the functions they need.

The same way we can see bitcoin go up today, is the same way we can see it go down tomorrow. So the best is just to keep holding anyway knowing that a time will come that bitcoin will even find it hard to test the phase where you bought.

[Pedro18]

Just chill. You should never panic and be positive always. As long as you know the coin you bought has the potential to boom in the future. It's no problem. Just patient, you must do other things so that you can't panic when it dumps.

[Ryan Tirta Permana]

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?

Hold and hold if my hold is bitcoin, but for altcoin I also often cutlose it depends from my hunch and some information I get from group even though sometimes it is wrong, the price of cryptocurrency in the future can not know so naturally what you choose often happens.

[thend1949]

First you should remember that trading with cryptocurrency isn't something that will make you rich over night.
If you want good profits out of your investment, you need to learn how to deal with ups and downs.
Bitcoin is a high volatility currency, you must have patience and wait longer for higher profits.

You must always remember that this cryptocurrency as a digital form it involves risks, as well as the process of holding it. But you have to earn what you want, if you like to have a high earning you gotta work for it and must face the risks involve in reaching it and be able to accept if you loose some and to make it as a lesson for the next time.

Anyone that understands the volatility risk of bitcoin and does not care about it will definitely overcome the fear of holding. There is no two ways about it, it depends on each individual and if they still believe that bitcoin is going to end up giving them all the functions they need.

The same way we can see bitcoin go up today, is the same way we can see it go down tomorrow. So the best is just to keep holding anyway knowing that a time will come that bitcoin will even find it hard to test the phase where you bought.

Well if we keep on holding while that bitcoin of your's after all sort of selling it and convert to cash went out stagnant, then maybe it's a good choice to hold it while price is still have a good potential to rise higher. If we fear sometimes while we hold our btc assets, I guess that's a normal scenario specially this currency was a volatile one and we really can't avoid emotional struggles. But all I can advise particular on those who are new in trading is, they shouldn't mind those speculations behind and must focus on their goals for long term bitcoin investments.

[FireShark89]

If you're at a loss and holding, better make yourself busy doing other stuff rather than repeatedly checking your portfolio 50x a day.

[Conquerogue32]

If you're at a loss and holding, better make yourself busy doing other stuff rather than repeatedly checking your portfolio 50x a day.

I did the same thing a few years back. The paper loss started at only 10% which became 30%. Couldn't do anything else so I forgot about my account and logged back in 1 year later with only 12% losses left.

[flatnose101]

Just chill. You should never panic and be positive always. As long as you know the coin you bought has the potential to boom in the future. It's no problem. Just patient, you must do other things so that you can't panic when it dumps.

if you have trust with the coin that you been bought for then there is nothing to worried on it cause you trade your money and you know that it is in a good way so what would be the nest thing to do is you are able to make some study and you watch for it stay calm on a way.

[Bezobraznike]

Just chill. You should never panic and be positive always. As long as you know the coin you bought has the potential to boom in the future. It's no problem. Just patient, you must do other things so that you can't panic when it dumps.

if you have trust with the coin that you been bought for then there is nothing to worried on it cause you trade your money and you know that it is in a good way so what would be the nest thing to do is you are able to make some study and you watch for it stay calm on a way.

   Fear of holding can not be overcame, what we can do is to be strong
and to try to chill out all good/bad news. When I gather enough of
everything I will disconnect myself from internet, I am here now and I
have more plans for future, but reading good/bad news inflict my mood
and couple times I was close to change my plans cause of current bad
situation.
   In the end everything is great, but this moments could cost me a lot.
Now I understand what is panic selling and that is our worst enemy.

[Genrix]

I also can't hold for a long time. Just enter the market and forget about it for a year,but keep in mind all passwords )))

[Ziskinberg]

Just chill. You should never panic and be positive always. As long as you know the coin you bought has the potential to boom in the future. It's no problem. Just patient, you must do other things so that you can't panic when it dumps.

That fear will not help actually, we should be more strategic and never let our emotion dictate us on what to do, we should follow our decision based on our analysis and we have to be strong as the price could pump and dump but one thing we should bear in mind is that we also set our own target.
More knowledge would minimize the fear and we should continue to educate ourselves so in the long run we will be able to fulfill our expectations.