How to overcome the fear of holding?

[ladner]

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 think that in order to overcome the fear of holding a coin, its worth decreasing as it is, it is very bad. You want to know how long you should hold or hold, so you need to constantly learn about what you are holding. Learn all about it knowing why it's rising and why it's falling, so you're comfortable and do not worry about anything. Do not run after the crowd to have your own opinion.
Good luck.

[7Pro]

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?

They say that HODL is the key for us to become successful trader. I think it is true. I experienced to do HODL and earned big amount of money. Holding altcoin for a long time can help us to become rich.

I know holding is the key but its not always worth and successfull.
If you decide to hold unpromissing altcoin so you maybe will fall into a dangerous zone. So pick the right altcoin is also needed.

[@Mhaiang]

In investing and trading your money in bitcoin and other crypto currencies, you need to set in your mind that you must hold your coin in order to become successful.

[Grandifer]

If you want to hodl like a veteran, just do your own  research. If you're an investor (long term trader?) find out the fundamental value that your coin has. Does it fit any actual markets? Is it an advanced technological platform? Does the team stick to the roadmap. And so on. You should know what's planned and anytime you feel weak just check if everything that was planned is  there.

If you are "weak" at trading, don't blame yourself for selling too early. If you're making profits, you're good. And again, just plan the targets in advance. And sell gradually.

[burdagol12345]

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?

Holding your asset before to make a decision in making trading or seling is not an easy task,because in a split of a second maybe you regrets the time that you not decide to sell your coins,its needs a wise and tight decision of your own judgement,so in order to overcome this fear of holding  we must put into our mind that not all times we must be right to our  decision making,so we take the outcomes  even in winning or lossing of profits because sometimes in trading investment is like a gamble.

[Seeker#9]

Try to research first on any of cryptocurrency you want invest and find those coins that are good for holding. Choose the coins that has the potential to grow in the future. Bitcoin for example, reaches many all-time highs last year, projected to grow more this year and can possiby break its record highs last year. If you studied thoroughy the history of that coin and you knew that it has the potential to grow more then there is no reason to fear it.

[Caladonian]

Try to research first on any of cryptocurrency you want invest and find those coins that are good for holding. Choose the coins that has the potential to grow in the future. Bitcoin for example, reaches many all-time highs last year, projected to grow more this year and can possiby break its record highs last year. If you studied thoroughy the history of that coin and you knew that it has the potential to grow more then there is no reason to fear it.

Just put your time and effort to really study deeper, fear only comes when you are not sure what the project will turn to, but with enough knowledge
you will be able to overcome that fear, knowing that you are looking forward and positive that the project will rise and make many progress will give
you an idea to holding and wait to gain your desire profits, always take into consideration that risk are only for those who are not ready to see the
rise and fall so better to understand more.

[khayecee13]

Learn more about the related stocks you are holding. Then know the latest news about it, in that case you may predict some fluctuations which will affect your coins/stocks.

[99th]

When I have been selling lately I make sure to keep around 25% of the tokens in case something amazing happens with them and I miss a buy back opportunity. I have fear of selling usually, not holding. I fear that I will sell and they will go to the moon when I do. I look at it like this: you can sell and then make money trading something else, then buy back in to whatever you want. The main idea is obviously to make as much money as possible so however you do it doesn't really matter.

[btcmegastar]

The only way you have to deal is, when you invest in ICO, after listing the price of the coin may increase, so you can sell them in the market of what you invested and store the rest with you until you make more profit on your holdings.

[rose8963]

You can only overcome the fear of holding good coin when you truly learn and grasp the potential value of it. Do not just invest in someone else's share, it's dangerous because you can not get the information you need to make the right decision. Learn the basics before you start entering the cryptocurrency market because that is essential for you.

[TheKeyLongThumbI]

For me, I check their roadmaps. If their plans are worth to hold your coins for months or years and the feedbacks of critics are mostly positive then I hold.

[Apened]

You can only overcome the fear of holding good coin when you truly learn and grasp the potential value of it. Do not just invest in someone else's share, it's dangerous because you can not get the information you need to make the right decision. Learn the basics before you start entering the cryptocurrency market because that is essential for you.

No its not that you heard only on someone or its a rumor coin. I heard a lot of coin mostly it was a good coin to invest before the true big hype was about to start. Its a tip or gift that there are altcoins shillers. You get the idea next is to research what was that on that coin and go further. The final outcome will be  back to you holding or selling isn't others decision and its up to you to believe in the fundamentals of a coin or not.

[dumbfounded22]

Unfortunately, there"re no 100% working methods that can get rid of fears. Don't get carried away with leverage. In most cases it helps to make transactions with significantly higher capital but it also increases the risks. So even a one-percent fluctuation of the currency can completely ruin the trader. Therefore if you are not completely sure about the performance of a particular trading strategy, it's better to be careful and not to use leverage.

[Apaxy]

Unfortunately, there"re no 100% working methods that can get rid of fears. Don't get carried away with leverage. In most cases it helps to make transactions with significantly higher capital but it also increases the risks. So even a one-percent fluctuation of the currency can completely ruin the trader. Therefore if you are not completely sure about the performance of a particular trading strategy, it's better to be careful and not to use leverage.

   
professionals always recommend that if you have a fear of loss, then you need to use only starting capital for trading, the amount of which you do not mind losing. So you do not take care of at least your nerves.

[shalnark]

i think it depends on you, how much money do you want to earn, how much money are you ready to loss, and how good the coin you invest is. you can overcome the fear of holding

Maybe people who fear in holding had doesnt much experience on cryptocurrency and maybe they dont have enough knowledge on it .Therefore holding is just like saving maybe you overcome fear of holding is quite different from investing saving is really nothing to be fear about because it has a big possibility that we can earn through holding specially in bitcoin.

[Alexis.Nick]

In my situation in order for me to overcome the fear in holding, what I did is to start in a small amount so I can easily calm myself that I will not loss that much. This also help me to learn the step by step of trading.

[Ziskinberg]

In my situation in order for me to overcome the fear in holding, what I did is to start in a small amount so I can easily calm myself that I will not loss that much. This also help me to learn the step by step of trading.

That's a brilliant idea, everyone should start with a small amount so the risk will be smaller.
Treat trading as a long term journey, start small then slowly increase the amount at risk so you would be easily discourage once you experience loses.
As a newbie, expect that you will experience a lot of loses but that should be your learning experience in order for you to grow.

[shulio]

Invest in some money that you won't be sad if you lose. That way, holding the coin you had invested may cause less fear.

[rejin29x]

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.