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achsan fauzy
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January 02, 2018, 11:59:55 PM |
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I often experience fear while holding a coin that has a price that continues to decline. but at the moment I've been accustomed to hold the coins in a long time. because I am sure that the price of the coin will someday be back on the rise.
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Anco_Marzio
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Activity: 186
Merit: 10
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January 03, 2018, 01:30:41 AM |
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You know, trading is a strange game: if you sell someone buys, and viceversa.
You both made a bet, and only one will win. So, it's not really about fear, but about information: who has the better information will win.
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digitalgame4life
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Activity: 378
Merit: 105
Active forum member, A+ poster, PM good sign camp.
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January 03, 2018, 02:28:14 AM |
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If you really believe in the project there is nothing that comes between your motivation and selling your good coins, there are some real solid projects that you need to hold on to, one of my very big bags is VEN/VET, it is one of the best if not the best project out there, huge partnerships and many usecases, I am convinced it will reach at least a 3 bil marketcap in the coming months, one of the better ICOs and projects yet to come is Daneel.io, I love the idea behind it and I think it will be a huge benefit in cryptoworld.
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obinine
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Activity: 238
Merit: 10
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January 03, 2018, 02:36:47 AM |
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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. Trading is the second name of risk and those who are risk taker then it means he has no fear of lose. So if you want to overcome the fear of hold then you need to improve your risk taking quality and other suggestion is that you need to learn from your mistakes not losing your confidence. |
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sumanto
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January 03, 2018, 02:39:35 AM |
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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?
One way to avoid this problem is hold half of your Bitcoins and altcoins long term and don’t sell them at all for 5 years. Then use the other half for trading. One thing I have done when trading is when you sell, don’t sell all at once. Place a sell order for part of your investment and then wait to see what happens before you make a decision on the rest. I do the same for buying. I buy with part of my fiat, then wait to see if the price drops before buying more. This way you leave yourself some leverage to react to the next market move. yes you just need to inculcate the thought of storing bitcoin and bitcoin investment but you do not just play bitcoin I suggest playing altcoin also the price is still cheap and you hold it up for several years to come then you will get a lot of profit. |
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Blue_oxen
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January 03, 2018, 02:52:32 AM |
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Praticing everyday for few months you will pass the fear feeling. the fluctiation is a normal thing of the market. That will help you get money if you have skill.
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zmkriel
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January 03, 2018, 03:00:37 AM |
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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?
Actually we have the same problem that is why i am very much hesitant to enter into trading world. Though i really want to because i want to gain more profit but the fear of having a big loss is in my system all the time. |
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marjon
Member
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Activity: 350
Merit: 10
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January 03, 2018, 03:54:55 AM |
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To overcome your fear from holding. First and foremost, you must fully know the quality of that coin if it has a potential to dominate in future. Put trust on your coin so you'll sleep sound and safe.
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buffbryan87
Newbie
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Activity: 9
Merit: 0
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January 03, 2018, 04:08:17 AM |
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When i first started trading i would always sell as soon as i saw 10 to 20 percent gains. Then a few weeks later i would see the same coin like 4 or 5x from where i bought it. I started to realize that holding it would have been best.
The only thing that keeps me sane during holds is the fact that numbers don't lie. Also it is easier on your daily life to hold instead of being glued to the computer all the time.
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michellee
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January 03, 2018, 04:40:16 AM |
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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. Trading is the second name of risk and those who are risk taker then it means he has no fear of lose. So if you want to overcome the fear of hold then you need to improve your risk taking quality and other suggestion is that you need to learn from your mistakes not losing your confidence. but if you have skills in trading, you can prevent the risk so you can make a profit in trading. I think no matter you have skills or not, if you can manage your emotion in trading, then you don't have to fear of holding a coin even if you are getting stuck in a high price because you just need to wait the price is back to increase. if you have many experiences of this, you can easily prevent your fears inside you and you can stay calm when the price is suddenly out of your control. |
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duchaitp
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Activity: 308
Merit: 10
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January 03, 2018, 06:53:34 AM |
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Have your own plan for holding rates. When you are profitable, keep your interest. It is also possible to divide the capital into several parts, one for long term and the other for trading.
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jayhawk1
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January 03, 2018, 07:46:48 AM |
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I think there is no way to overcome it, all you need is to find a reasonable balance between and everything will be just fine. Wish you the best.
What is the point of being scared? Honestly, it does not make sense in the first place. Does fear helps in any way? I don’t think so. It only worse things. In order to conquer your fear you need to face it, do exactly what you are afraid of and you will discover the reality of that particular. This is what I have learnt from my life. As far as someone is holding bitcoin, I have a good news for him. He must not get afraid because Bitcoin doesn't betray. |
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Ziskinberg
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January 03, 2018, 08:03:48 AM |
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Have your own plan for holding rates. When you are profitable, keep your interest. It is also possible to divide the capital into several parts, one for long term and the other for trading.
That's a good advice, do not go all in or put your eggs in one basket because you never know what will happen, we are just predicting in trading and investment and we could make a wrong decision that might disable us if we do not manage our money very well. For me, I made sure I have a long term and short term investment and all my funds are properly manage for both as I know I am not perfect in predicting. |
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etron
Member
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Activity: 182
Merit: 10
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January 03, 2018, 08:08:41 AM |
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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 true that you say that we trade in the crypto world is not as easy as you imagine there must be anxiety and anxiety, if I think to calm down first "be patient" do not be too quick to make a decision, after you buy stocks at low prices and leave a few months or year and listen to the news when the price rises sharply then you sell it, this is what will benefit greatly, while waiting for other activities. |
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dhas
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January 03, 2018, 08:32:24 AM |
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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?
Its just a matter of trust to the coin you invested. If you really have a confidence that your coin has a capability to duplicate. Then you dont have to be worry because it can handle itself. Aside from that maybe some trader are always have a back.up that will serve as their provider if ever that the coin they invest with was not successful. That how they wise in deciding about their money. |
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zircon
Member
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Activity: 117
Merit: 10
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January 03, 2018, 08:36:02 AM |
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Have your own plan for holding rates. When you are profitable, keep your interest. It is also possible to divide the capital into several parts, one for long term and the other for trading.
That's a good advice, do not go all in or put your eggs in one basket because you never know what will happen, we are just predicting in trading and investment and we could make a wrong decision that might disable us if we do not manage our money very well. For me, I made sure I have a long term and short term investment and all my funds are properly manage for both as I know I am not perfect in predicting. Yes, we can trade based on the trend of market. with each coin, we have to research carefully and set an own strategy. long term or short term, how much do we spend for it, how much interest rate we want,... |
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RDNX
Member
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Activity: 392
Merit: 11
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January 03, 2018, 08:53:05 AM |
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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?
Nothing wrong with that, the purpose of investment is taking profit. As long as your position already profitable, then sell it. One way to avoid this problem is hold half of your Bitcoins and altcoins long term and don’t sell them at all for 5 years. Then use the other half for trading.
One thing I have done when trading is when you sell, don’t sell all at once. Place a sell order for part of your investment and then wait to see what happens before you make a decision on the rest. I do the same for buying. I buy with part of my fiat, then wait to see if the price drops before buying more. This way you leave yourself some leverage to react to the next market move.
Nice advice man! i never thought about that. I'm usually sell the whole bags, and never hold even half of my coins. |
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matico
Full Member
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Activity: 504
Merit: 100
The Standard Protocol - Solving Inflation
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January 03, 2018, 09:58:04 AM |
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How to overcome the fear of holding? I will say good knowledge will cast away all fears! People usually fear what they don't know. As soon as what look mysterious come to light and you see why holding is such an important decision to make, you will start holding like champ!
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swscowods
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January 03, 2018, 10:43:19 AM |
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 The power of believing, we believe the price will grow in the future, then we will hold it. Such a nice and practical suggestion you have given! Indeed whatever you believe gives you reasons to withstand crisis and easily get through them. Same is the case with this fear, you simply need to tell your mind that these dumps are temporary and you are on the right path. Your coin is going to further increase in value and you just need to be patient with it. Just try to stay positive for positive results. |
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spring07
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0x5A165891De2a2c8B82c7De19486277e0d5b644DF
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January 03, 2018, 04:33:19 PM |
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I can tell you, you are not the only one in this situation. It happens to a lot of people, almost all the time.
The key is to have a TESTED CASH OUT STRATEGY, and stick to it.
It does not matter if you would have gained more. Because on the flip side of the coin, you could have also lost more.
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