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Author Topic: How to overcome the fear of holding?  (Read 4472 times)
Shutup
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March 10, 2018, 02:58:16 PM
 #581

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 can overcome the risk of holding in bitcoin if you believe in that all your thoughts is positive. Don't look on the price falling but remember on how price of bitcoin is increasing. The people get rich in the high volatility of bitcoin. That you cannot experience what you see in the bitcoin millionaire's if you don't fight your faith. Only holding, trading and investing can have your dream come true.
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March 10, 2018, 03:46:10 PM
 #582

sorry buddy you got have nerves of steel , you can't teach that.
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March 10, 2018, 03:48:24 PM
 #583

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. Patience is what can take a trader to unimaginable heights but for developing that patience, he must have a lot of trust in his investment and that trust can be built only if he understands his investment
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March 10, 2018, 05:55:58 PM
 #584

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
As a smart investor going all in would really be risky and you would always tend to diversify out our money since we do know the possible wreck when we are just focusing into a single investment unlike if you do try to put it on various projects without worrying if it would drop its price or not.The advantage with diversification is when you can able recover in other coins if a particular other coins do dip its price.Chances of recovery is there unlike when you are just focusing on one.

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darknuke
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March 10, 2018, 06:01:45 PM
 #585

I guess the best things to do is not check the crypto prices for some amount of time. That way you will know you hold, because seeing earlier you may see you are on profit or on loss and sell. When no checking is the best thing for hodl
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March 10, 2018, 11:46:45 PM
 #586

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. Patience is what can take a trader to unimaginable heights but for developing that patience, he must have a lot of trust in his investment and that trust can be built only if he understands his investment
I think that is natural, because some people even if they get good experience cannot invest money for a long term, even the do afraid from investing their money for short term investment. While some people take the risk and always making good money. I think experience can help a person to overcome the fear of holding bitcoin or any other currency.
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March 11, 2018, 12:11:06 AM
 #587

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?

With patience, holding without going on panic.
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March 11, 2018, 02:03:19 AM
 #588

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?

My first month in trading was same as how you describe it, My investments comes from the savings of me and my wife. At first Im really scared when the price of the coins goes down to the point where I sell it to minimize my lose, just like you did. I was afraid our hard earn saving will be gone like a bubble, but as the day past by, i did learn from my mistake and come to point where my total balance reach about  150% of our initial investment. So i withdraw our initial investment and the only remaining balance was left was the 50%. It was only half amount from the initial investment, but the good thing is, i DONT FEEL FEAR ANYMORE either the price of the coins go down and just wait for it to high up again (just make sure youre doing research in youre chosen coin), because the investment that im using now does now hold its sentimental value anymore. FEAR in trading is really a great barrier and greatly affect youre performance. Now my total balance is about 400% in our initial investment.
If you truly analyze and study coin that you invest seriously, it is worth it to lose some value for some time because you are not only investing but also wanting to companion. same project during its existence and development. I think that's what you should aim for.

A few things a crypto investor needs to do when investing in crypto and one of them, of course, follows the news of crypto development from a reliable source. By doing that I think it will make us less reckless in holding some crypto we have because in the end we have to stay alert to our activity in crypto so that no loss happens.
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March 11, 2018, 02:46:48 AM
 #589

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?

With patience, holding without going on panic.

Every investors has a fear with his investment and it is a common thing for all but you can make a confidence with your investment it will help you a lot all the investors had a same problem and one who hold his investment a long time he will get a huge profit .

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March 11, 2018, 02:49:54 AM
 #590

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?

With patience, holding without going on panic.

Every investors has a fear with his investment and it is a common thing for all but you can make a confidence with your investment it will help you a lot all the investors had a same problem and one who hold his investment a long time he will get a huge profit .
However, that fear should be erase so they will be confident in holding.
It's not easy because if we speak of holding, it's normally a long term investment and the crypto is very active
and we will see a lot of good and bad news that might attract us to make a decision to sell.

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March 11, 2018, 03:17:43 AM
 #591

Holding is not advisable if you're a kind of panic king. When you decide to hold your token/coin, you have to learn how to control your feelings even you see it dumping or pumping. Ignore everynews of the coin you hold,dont always check the folio and make your self busy on other things and set your goal price before holding.

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March 11, 2018, 03:48:40 AM
 #592

I was the one who sold to early  Grin But i learned the lessons. Holding is a good opportunity to earn much more that by trading and if you have not time and experience for trading like me. But to avoid money losses you should always fix the profit by x5-10 (it will back your investment and give profit) and then keep other part for years, Then it can give you x50-x60 but already without the risks. Don't be greedy!
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March 11, 2018, 04:00:09 AM
 #593

I was the one who sold to early  Grin But i learned the lessons. Holding is a good opportunity to earn much more that by trading and if you have not time and experience for trading like me. But to avoid money losses you should always fix the profit by x5-10 (it will back your investment and give profit) and then keep other part for years, Then it can give you x50-x60 but already without the risks. Don't be greedy!
Greedy is natural to the people because we all want money and that's why we are here in crypto just to have profit but we need to control that in a proper management of trading. I also encountered that now, I just held a coin until now because I didn't see my profit was not there so I need to hold and wait until my profit was out. It depends upon on what you are holding if that profitable in the future, then if you see your profit is bigger than you expected then sell them all.
~hold+patience=profit~

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rosalyn07
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March 11, 2018, 07:44:07 AM
 #594

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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.
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March 11, 2018, 10:18:47 AM
 #595

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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.
We can overcome it everything is a state of mind. Our mind is the powerful thing in this world if you believe on me. You're right with lack of knowledge is the sign that builds up the fear and if you let the fear defeat your emotions you will be more loss in trade.
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March 11, 2018, 12:45:20 PM
 #596

always think that profit is profit small or big is that so we can control our greedyness and always be thankfull of what you get even it big or small.
For me we will overcome our fear on holding if we will trust our coin, because if we dont trust on our coin i am sure that we will not overvome our fearn and i think we can make a wrong decision if we will not trust our coin, and to overcome our fear we should look on some people that are really rich right now by holding there coin.

And I suggest also, before putting your money in one coin, you really need to do research from it. atleast you have idea if the coin you want to hold is a good one and you never sell it when the price is down. like what he said. you need to trust your coin.
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March 11, 2018, 02:14:55 PM
 #597

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?

We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold.
Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts.
We can overcome it everything is a state of mind. Our mind is the powerful thing in this world if you believe on me. You're right with lack of knowledge is the sign that builds up the fear and if you let the fear defeat your emotions you will be more loss in trade.
I think we can not overcome fear because it is part of human psychology, it is hidden deep in the mind of each person, no one can keep the psychology strong forever, sometimes they will fall into the state of weakness. Hold for so long, psychology will be more fluctuating than ever, and when our psyche has been shaken, the wrong decision is a sure thing, what we can do is just try not to let psychology fluctuate too much, we need something special to create confidence for us, overcoming fear is impossible when it is our instinct

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March 11, 2018, 02:29:12 PM
 #598

Don't you know that sometimes it is best to just cash out the moment you realize gains rather than waiting for too long in the hopes of gaining more in the long run? In the nature of the crypto business, more often than not, it is better to be safe than sorry. As to why, well, Bitcoin's value is heavily fluctuating -- one moment you are sky-high, then another moment you are down low. Take note that this happens every millisecond, just so for the sake of you imagining how crucial it is if you have poured all your money to it. Hence, making small profits is ideal so long as you profit on a much regular basis. It is safer because it sure contains lesser risks. Nonetheless, you may want to hold longer if you only have a small amount in it. Anyway you will not lose so much when worse comes to worst. Just remember to always take into consideration the amount of money that is at stake before you make any life-changing decisions.
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March 11, 2018, 02:42:45 PM
 #599

I think it's right that you sell at a profit to minimize the risks. Many traders risk a substantial share of the budget to get the profit as much as possible. As a result, they can receive large losses. The classic trader does not regret that he sold a little earlier and earned a little less.
Those who take risks and end up getting losses will have to take risks over and over again to cover the losses. This can lead to new losses.
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March 11, 2018, 02:53:09 PM
 #600

You just simply hold it and don't be to cautious of its price everytime, also the secret for that is when the coin you invest on to is a good coin that will never crash in the future. You invested in that because you believe it will give you profit so wait just be patient. Indeed it is a risk and you must be accountable to that risk. There is no easy way to overcome it because it deals with the money you earn and workes hard for.

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