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Author Topic: How to overcome the fear of holding?  (Read 4472 times)
Superrbat
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December 23, 2017, 12:51:49 PM
 #221

 Grin The power of believing, we believe the price will grow in the future, then we will hold it.
raven7886
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December 23, 2017, 01:14:54 PM
 #222

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.
The fear will always come initially, most especially for new investors. It is normal as you cannot see your investment running down without being scared.

Nevertheless, the main reason why we keep telling everyone to invest what they can afford to lose is so that they can at least be strong enough to withstand all the volatility risk that comes with bitcoin and once they understand that the benefit is in the future and not now, and then they will learn to hold without fear.
sallydavisy
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December 23, 2017, 04:32:38 PM
 #223

For long-term investment good way is create conditions in which you do not need to often follow the price.
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December 23, 2017, 04:35:28 PM
 #224

Just calm down your emotion, put all of your trust on your coin that you hold on. think about long time investment that will bring more profit for you.

Kunlejoe0
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December 23, 2017, 04:44:49 PM
 #225

This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
JTEN18
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December 23, 2017, 04:54:48 PM
 #226

This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
Aside from that what I am always thinking is setting my goal and focus on it, making sure that I can accomplish things especially my dreams not only for myself but also to my mom and my children, whenever I am thinking of them my fear of holding was disappearing.
Bobthethird
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December 23, 2017, 05:16:28 PM
 #227

Just use money in the crypto market which you can afford to lose. That let´s me sleep well at night.  Wink
energycom
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December 23, 2017, 05:52:23 PM
 #228

This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
Aside from that what I am always thinking is setting my goal and focus on it, making sure that I can accomplish things especially my dreams not only for myself but also to my mom and my children, whenever I am thinking of them my fear of holding was disappearing.

That's the only thing that can make us handle the difficulties of holding our coins. Concentration, moral effect and others. All needed to have a strong mental situation for holding.
mafostedu
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December 23, 2017, 06:09:48 PM
 #229

The best thing that you can do in order to do not feel fear or just not feel tempted to buy when the storm is coming, is just to have your funds on a paper wallet, by this way, everytime that you want to buy, it would be difficult.
GoodLuck2
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December 24, 2017, 03:38:20 PM
 #230

Grin The power of believing, we believe the price will grow in the future, then we will hold it.
If you want to hold it, then I guess this the right time as price is low and it will go back again. Just forget about the market till new year ever and after you will have your gift in your wallet by the first of January in 2018. It is very much likely that the price will go around 25k USD and the demand will go high after the Christmas. Exploitation of this situation can be a gift for the new year, and after that you can start trading for some time.
shintosai
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December 24, 2017, 03:43:39 PM
 #231

Just use money in the crypto market which you can afford to lose. That let´s me sleep well at night.  Wink
Always do this and you won't fear anymore, always use your spare money when dealing with cryptos, there's a lots of positive things that can happen it also there's risk behind it, so if you are just using spare money you won't worry to much and you can control your emotions as you are not really worried about your capital.

Tungsten-1
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December 24, 2017, 06:58:19 PM
 #232

This could be the sure way of holding your coin for a long term!
> Budget a consistent amount of affordable cash every month. Make sure the cash you are investing is not eating to your money for living.
> Try not to trade if your objective is to hold for long term.
Aside from that what I am always thinking is setting my goal and focus on it, making sure that I can accomplish things especially my dreams not only for myself but also to my mom and my children, whenever I am thinking of them my fear of holding was disappearing.

That's the only thing that can make us handle the difficulties of holding our coins. Concentration, moral effect and others. All needed to have a strong mental situation for holding.
You can only overcome the fear of holding if you continue to hold your bitcoins or any other coin for quite a long period of time. After that, you’ll get to know that there is nothing harmful in holding of bitcoin. All you need to do is to have patience and that’s it. This holding of bitcoin will automatically help you in having a huge amount of money without having so much work to do.
lelou
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December 25, 2017, 06:32:18 AM
 #233

Invest only what you afford to lose. Once you invested it, expect it to be gone and don't think of it for a long time.
Finestream
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December 25, 2017, 06:56:39 AM
 #234

Invest only what you afford to lose. Once you invested it, expect it to be gone and don't think of it for a long time.
Sometimes it's hard to feel that way, most of us want to monitor our investment, like me I have a lot of altcoins investment and I put record of my asset in my blockfolio but I cannot control myself monitor the value also, sometimes I fear because the price sometimes dump but I also look at the bright side which is the future, I cannot resist but think of it because all my time is almost allocated with crypto, all I can say is just we have to believe on our coin.

malikusama
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December 25, 2017, 07:45:43 PM
 #235

You seeems like a panic seller who can't control their emotions while trading.
Well it depends on the cryptos which one you are trading, HODL is profitable only for bitcoin but not in case of altcoins because altcoins market is not that much reliable than the bitcoin.
I regularly check bitcoin's price because i am holding funds but I always believe that soon after every dip the price will rise again more rapidly. But in case of altcoins i always follow the strategy of minimizing loss because they are not much relaibale so  we can't wait for the perfect time to sell.
pikebu
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December 25, 2017, 07:54:18 PM
 #236

Invest only what you afford to lose. Once you invested it, expect it to be gone and don't think of it for a long time.
I agree but that's not enough to overcome the fear of holding especially for alternative coins and for long term investment in digital coins. The investors whom are fear because of holding the digital coins, it is mean they are gambling in the name of investment into the digital coins, basically they don't know anything about the digital coins to be held. The real investors they have learned about the digital coins before invested into them, they know about the coins ( developers, community and other aspects of fundamental the coins). If we want to overcome the fear of holding, makes sure we know everything about the coins.
Cryptomagnus
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December 25, 2017, 08:50:43 PM
 #237

Fear is about future; there is no certainty in anything, so you can only try to evaluate probabilities.
Make a choice and relax.

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signaturecoin
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December 25, 2017, 08:57:20 PM
 #238

The only way to avoid the fear of just losing money is just try to put yourself on the same shoes that those who were holding bitcoins when the price was dropping from $1200 to $300 in a few days on 2013. Just try to be on their shoes, only of those who didn't sold at that moment, this really works for me.
vincentbeth934
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December 25, 2017, 10:20:30 PM
 #239

There is no fear if you are holding a coin you can trust. Fear in holding is only if you made the wrong decision and failed to cut your losses on-time.
Biscutard
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December 25, 2017, 11:13:01 PM
 #240

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 have learn all of your mistakes because if you keep to continue like this you will lose a lot of money and it is too late for you to realize that soon. Why would you fear when you are just holding? If you are around on this forum you will likely to read every FUD and shills here but it doesn't matter just go on your instinct, believe it. It is only you can control your emotions and nothing else.
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