How to overcome the fear of holding?

[RickIVcone]

Try to protect your capital by hedging against big market moves e.g. by shorting or differentiating in other asset classes

[AntoCokbun]

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 used to happen to me too often. right now I'm getting used to being able to hold my coin by trying to forget it and holding back to sell, and it works.

[BobBct]

Don't panic if BTC went dumping. Because the reason you are hodling is because you want to earn and not loose if you sell because the market is dumping you don't know what BTC is capable in doing.

[marlboroza]

I know one radical method - you have to abandon all the gadget that migh help you to find out the rates and just set the date when you will check it

That is actually good method.
Invest and just forget that you invested, set a goal and check price every couple of months - yeah, sounds pretty much impossible, but at least it won't give you headache.

Don't panic if BTC went dumping. Because the reason you are hodling is because you want to earn and not loose if you sell because the market is dumping you don't know what BTC is capable in doing.

That is not quite true, because you don't know when someone invested and what is best time to cash out. Maybe someone invested when bitcoin was $5K, cashing out initial investment at this moment would be wise thing to do because everything else is profit  

[LANZ777]

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?

Yes it's really difficult to to bet your bitcoin upon holding because it will go just in 2 ways you might lost it or you profit. But you will not succeed in trading if you don't push yourself to believe that you will succeed,but if you don't try  you will not succeed because if you don't try to hold bitcoin you can not experience to multiply your money which might bring you to a successful life. Many bitcoiners become rich quickly and some are millionaire's in a few months.

[lienfaye]

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?

For me its easier to hold if your willing to save money. Because if you think the logic of holding . You dont need to do anything you'll just need to keep it to your wallet and wait until the exchange go up. So when the time you need you money, you can exchange it to the higher amount. Just always keep your faith in bitcoin, just believe that it will continue to improve and be better for the future.

For me first its important to choose the right coins where you will invest your money then put your trust in it.

To overcome the fear of holding, you should not monitor always your investment. Limit yourself on when to check so in that way you wont think about the money you risk in the particular investment.

[xianbits]

My experience thought me that holding a good coin for a certain time pays off like what happened to ethereum, litecoin & ripple. So instead of fearing for your loss, just believe in your chosen coin and you'll see how will it make you happy in the future. The more you risk, the greater chance of gaining more.

[Ausgewielt]

Don't invest to much money because it will give you more stress and fear. Invest smaller amount of money will decrease your fear, but if your holding is works and you get much profit then you will be dissapointed that why you did't invest more money.

[Dreamchaser21]

To overcome you fear of loosing money, stop looking every hour on your portfolio because it will not change right away. Don't expect to earn higher profit in just single day, if you are really holding it, bigger profit takes time. So don't be scared to hold specially if its worth holding for.

[roxbit]

To overcome you fear of loosing money, stop looking every hour on your portfolio because it will not change right away. Don't expect to earn higher profit in just single day, if you are really holding it, bigger profit takes time. So don't be scared to hold specially if its worth holding for.

As a newbie I dont haven’t experienced the feeling of fear holding or trading but as I have read from others experiences I think it’s really not easy it has mixed emotions. And I am not thinking about it at this time I just have to act like I don’t care too much. Come what may.

[qiman]

YOU really need to be very strong willed to hold and you need to be aware of what you have you are holding because sometimes it may take the coin you are holding over a year or so to materialize your dream, OR it may die and not take off as per your expectations at all. The best thing is in this case is to grow a portfolio of various coins and tokens and put them in groups, so you own a variety of crypto assets that really have either a very big team and tech behind them, or a very good business generating revenue model.

[Gabz999]

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 also realize the same thing when I was starting in trading. To overcome those fear when the coin you bought had losing after you bought it is really hard ! But, if you have the patience to hold that you just hold. Don't make stop-loss when the coin you were trading is a trusted coin. Just think of it that when the price goes low, after that is a increase price.

One thing I learn in trading is don't think that trading gives you a profit in a fast way. You need to wait ! Trading is like a waiting game, when you have the guts to wait for the price to increase, then wait ! Also, don't be greedy in trading. When you saw that there is a profit in that coin you were trading, make your exit point so you won't regret when the price goes low again.

[cryptojaani]

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 it is better to earn a little than to gain nothing. If you would accumulate all your earnings from your short term investments then you would be surprised to see that the difference between this and taht of long term investments would not be that great. But if you do decide to go long term then it would be of great help if you think positive about it.

I think in the case of bitcoin I think fear is very low because I don't think on the average basis bitcoin will crash hard ever the price is keeps on increasing and the little dip doesn't bother much to me.I think fear is all because of the price fluctuations happening with time, none knows what happens tomorrow. I believe this will continue to grow and the trust is the one that makes the users overcome the fear of holding bitcoin. More we trust more will be the profiting, because when we don't have fear we'll keep holding.

[snipetr]

In trading patience are most important factor. You have to maintain your patience when you invest and hold.  
To start trading it is always better to start with small amount, and then by considering trend and market behaviour increase the amount. Trading for long term is better than intraday, which is having high risk.

[arief89]

How to get rid of the fear to hold is to believe that the coins we hold will pump and will benefit you.

[Hassan02]

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?

For me its easier to hold if your willing to save money. Because if you think the logic of holding . You dont need to do anything you'll just need to keep it to your wallet and wait until the exchange go up. So when the time you need you money, you can exchange it to the higher amount. Just always keep your faith in bitcoin, just believe that it will continue to improve and be better for the future.

For me first its important to choose the right coins where you will invest your money then put your trust in it.

To overcome the fear of holding, you should not monitor always your investment. Limit yourself on when to check so in that way you wont think about the money you risk in the particular investment.

checking it all the time may affect your way of on how you handle the situation may affect , it is true that you have to atleast limit the way on how you are able to check your investment for.

[Mymikagab]

Chill and patience is the most important dont panic dont fear keep your faith in your holding coin.
Me when i was newbie in crypto when i have new coin i dump it i dont keep it but in last i regretfull because the value i goin high.now i know everything just keep and hold

[gidaahmad]

Look, just imagine that you do not have the coins. Or just imagine the coin is gone. It's hard, but try it, I managed to apply it to myself.

[kimochidesh]

It is always been a problem with trader that they regret early selling. If you want to HODL a coin, you need to make your mind first, to make a long term investment. Set a high target for selling and also a low stop loss, so that you have enough window for not making a trade.
Moreover, You need not to check the price of your hodling coin again and again, just check the price once in a day or two. This will make your mind less anxious and more calmer to hodl the coin for the long time.

[dharnamonitor]

My experience thought me that holding a good coin for a certain time pays off like what happened to ethereum, litecoin & ripple. So instead of fearing for your loss, just believe in your chosen coin and you'll see how will it make you happy in the future. The more you risk, the greater chance of gaining more.

Yes, indeed. It is very important to have faith on the thing you've had invested. Additionally, loss won't kill you,  it was just money and you should think that even if you lose you can still earn those amount of money if you want. If you won't risk anything, there's nothing you could gain.