How to overcome the fear of holding?

[Meowth05]

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.

Well, I can't blame you if you are a little bit tense and easily influenced by a sudden drop of coin's price in the market because that's a common scenario here in crypto world. We can't do anything about that unless you learned how to handle your emotional well being and be brave.

Since you already concluded that you missed so much amount of money after selling your coins very early, why don't you use that fact to force yourself to practice holding longer. I'm sure you'll earn bigger and feel more satisfied after achieving it.

Indeed, just learn how to hold but if you still cannot do nothing then try to earn through this forum. In my case since bitcoin has now cheap price I could not make transaction so in order to earn withouht selling any bitcoins I participate in bounty campaigns to have income.

[ArnoldChippy]

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?

How come a hero member like you missed the high importance of HODLing? I have heard a lot of members and full members here expressing their regretful experience of selling much earlier when they thought that they have already made a big profit with their coins's growing as high as 50%. Only to find out that the next few days their coins were even growing bigger and bigger in value. Some others are also selling during the dump, thinking that it is already the end of everything. And then a huge pump followed almost immediately.

There is no other solution than be patient. Well, the first question would be, do you trust your coins and their future? If you do, then that would not be a problem hodling for at least two years. But if you don't, then do not even buy such coin. 

Something in hands is better than nothing, 50% profit is a big profit, but depending on your investment. I think it is better to get some profit instead to wait. In fact it is also depending on your strategy if you are interested in short term investment then you should not look for big profit, because you are going to bet again and again. Long term investors can wait for big profit as they are not going to sell their coins so soon.

[mrproblem]

Best option is buying more for overcoming the fear . Second option is trying not to check btc price around so much

[Borisb52]

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 just need to stop being afraid. If the coin is chosen correctly, then you just have to wait for the corresponding prices, according to which you will be ready to sell this coin. The correctly chosen coin will necessarily rise in price. It's only a matter of time.

[Taner1]

Keep coins that brings profits. Sell the fact that causes damage. This is an important rule of trading. You will never sell at the top and never buy at the bottom.

Give my account back.

This Russian guy steal my account (password reuse). Don't believe anything he says.

[suhoy]

Why should you fear it? Is it worse to hold that sell for a bad price? The correction wouldn't be eternal I think; we need just to wait a little bit more.

[binghope]

Best option is buying more for overcoming the fear . Second option is trying not to check btc price around so much

I do not think buying more and more fears will decrease. I think we should forget about them, do not expect too high prices. Buy them and hold them, do not care about the price of them at the present time, do other work time after the market grows again.

[ross09]

I think you can overcome your most fear if you always try to do it and if you did it then you are on your road to overcome it..in my case I did once holdimg bitcoin in mu wallet since its price is so low I decided to hold it but everytime I am afraid that I might loosing it more if I hold it that way but what I told to my self if I dont try it then how would I know if its really worth it to hold on it while the price is low?? and all my trying paid off 😊😊 when the price gets up then that the moment I send it to my sister right away..so again to overcome you fear dont be afraid to try it..its really worth it specially in holding bitcoin..I hope next time I can try trading and buying bitcoin so that I can overcome my fears in putting my own money here in bitcoin.

[loof99]

To overcome your fear in bitcoin try to talk people which has already have an experience about the ups and downs of bitcoin.
By this, it will help you to open your mind about the possible risk may happen eventhough it will Result in losses or profit.

[celcoid]

to finally end up a win broker you've got to finish up a daring individual therefore on the off probability that you just area unit an honest daring person then it implies an honest dealer and on the off probability that you just don't seem to be an honest daring person then you'll ne'er develop into an honest bourgeois since you'll ne'er try your insight anywhere and on the off probability that you just are daring individual then you'll be sure on your work and you'll ne'er worry from misfortune.

[usmanov123]

DYOR
If I belive in my shitcoin I will hodl till moon or grave

[symbian]

Exchanging is that the second name of hazard within the event that you just area unit a best player in likelihood taking then it implies you area unit an amazing merchandiser since once you are sure on your work then you may get accomplishment in your add lightweight of the very fact that certain is should for every work you're doing.

[GamblingPurveyor]

holding is nice significantly within the event that we tend to area unit holding bitcoin however altcoin are often a sensible thought to carry on the off probability that we will purchase at bring down price. be that because it could, once in a very whereas we tend to area unit too covetous once we see the value is increment fast and that we don't seem to be giving since we want bigger profit. within the event that we tend to do that, at that time i believe our chance can misfortune therefore we will not pitch to create profit. yet, within the event that we'd like to not fret for holding altcoin then I will suggest to you to supply it now if the value is increment therefore you'll be able to recover your take advantage addition to your profit.

[noormcs5]

Why should you fear it? Is it worse to hold that sell for a bad price? The correction wouldn't be eternal I think; we need just to wait a little bit more.

When we invest our huge money into coins then we have fear and it is normal attitude of every businessman, we forget to sleep and eat, because of frustration of loss. Then you can't say that why should you fear it.
Now bitcoin is down and my mostly friends who have been invested on bitcoin a huge money they are going to die, but i helped them and convince them should face the trouble and overcome on it.  

[richjohn]

I feel what you are going through. My portfolio used to be above 200,000$ but now it is a paltry 3000$. Most of the Alts have dropped significantly and BTC is dropping down every day.
I don't know why I am still hoping for a miracle, maybe I am over expecting. I should perhaps set my expectations little lower.
It would take a lot of time for market to reach the Dec 2017 levels and I am waiting for that.
But given the circumstances, even if my Alts rise to 100,000$ again, I would cash them out and then make fresh investments.
So, to answer your question, I would say that this extreme volatility of the market has taught me how to patient and I hope you would be able to learn the same eventually.

[duongdaiduong]

Why should you fear it? Is it worse to hold that sell for a bad price? The correction wouldn't be eternal I think; we need just to wait a little bit more.

When we invest our huge money into coins then we have fear and it is normal attitude of every businessman, we forget to sleep and eat, because of frustration of loss. Then you can't say that why should you fear it.
Now bitcoin is down and my mostly friends who have been invested on bitcoin a huge money they are going to die, but i helped them and convince them should face the trouble and overcome on it. 

I don't have the same opinions at you're at all because i truely think you will have no fear at all when you're investing in something that you're totally prepare for it, learning about it or researching it very carefully.
That means you're so sure about what you are going to invest in so why you have to fear it at all when you're just doing the business not gambling?

[tuliobrothers]

By keep on believing that bitcoin and altcoin price will surely go back again and may recover soon. Convince yourself that this is just a temporary and the price will rise again.

[gurang]

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?

how to overcome the fear of handling? You just want to think that you can and just trust yourself and your fears will go away because of your confidence in yourself. always trust to yourself

[bealjulian]

That's really a trouble mate if most of the people wanted faster profit, and for me my suggestions is being a trader we should be able to learn how to put patience on all that we do specially by the time you are starting to panic. Situations of hodling would really entirely depending on what coin you are holding too because not all of them do have potential to rise up on big multipliers for longer terms

[tatum506]

I think you should think of how much income/ profit you can earn from bitcoin if you hold your bitcoin for a long term. At first, you should invest an amount of money that you can afford to lose so that you would not feel afraid that you might lose everything when the price is going down. To overcome you fear of loosing money, stop looking every hour on your portfolio because it will not change right away