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iMark
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April 14, 2018, 11:25:05 AM |
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How to overcome the fear of holding?
For me the best thing to do to overcome the fear of holding or investing is you need to set the goal before you use or sell that token lest say you want to cashout that investment for your retirement fund so no need to see if the market goes up or down because you focus on your future. But make sure your investment can bring you a profit in the future. Targets are made so that you are not confused when to sell your coins, but for fear I think it will be about trust? if someone is trust of their assets or coins they have bought, then even the price of that coin will weaken he will be confident with the potential of that coin, so I think you should buy a trusted and potential coin first, before believing to hold the coin |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Fedrey
Member
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Activity: 644
Merit: 10
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April 14, 2018, 02:54:09 PM |
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How to overcome the fear of holding?
For me the best thing to do to overcome the fear of holding or investing is you need to set the goal before you use or sell that token lest say you want to cashout that investment for your retirement fund so no need to see if the market goes up or down because you focus on your future. But make sure your investment can bring you a profit in the future. Targets are made so that you are not confused when to sell your coins, but for fear I think it will be about trust? if someone is trust of their assets or coins they have bought, then even the price of that coin will weaken he will be confident with the potential of that coin, so I think you should buy a trusted and potential coin first, before believing to hold the coin Apparently Everyone who is trying to invest in the long term, will always worry. And, first of all, this excitement is due to the fact that there is no absolute certainty that you will choose a really qualitative and promising project for investment. |
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NyLymZbl
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Activity: 210
Merit: 10
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April 14, 2018, 03:35:14 PM |
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The best thing that you can do in order to do not feel fear or just not feel tempted to buy when the storm is coming, is just to have your funds on a paper wallet, by this way, everytime that you want to buy, it would be difficult.
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iillaa
Jr. Member
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Activity: 196
Merit: 5
A MAN SEEKING FOR KNOWLEDGE
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April 14, 2018, 03:48:30 PM |
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maybe if you just make a decision or a plan before buying in will be better
for example you put a plan that you will hold this coin whatever happen and then just leave it
and in other hand make a portfolio for trading and have fun and gain profit of 5% every time
this way if you lose money that will be cuz of your trdaing plan is suck and you need to change it and if you feel good and gaining then keep your plan and keep on doing it
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Paycoinzzz
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April 15, 2018, 03:53:48 PM |
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How to overcome the fear of holding?
For me the best thing to do to overcome the fear of holding or investing is you need to set the goal before you use or sell that token lest say you want to cashout that investment for your retirement fund so no need to see if the market goes up or down because you focus on your future. But make sure your investment can bring you a profit in the future. Targets are made so that you are not confused when to sell your coins, but for fear I think it will be about trust? if someone is trust of their assets or coins they have bought, then even the price of that coin will weaken he will be confident with the potential of that coin, so I think you should buy a trusted and potential coin first, before believing to hold the coin However, you have to remember you do not know which cryptocurrency is potential and trusted cryptocurrency. There are many scam coins, not only ponzi coin created to exchange through its system like Hextracoin, Bitconnect, etc. Some scam coins still give profit at first time, but finally, it creates a big scam to earn all money it spent in the past.  |
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Minerall
Jr. Member
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Activity: 235
Merit: 2
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April 18, 2018, 12:21:59 PM |
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Many new traders can not control their nerves and sell the coins at the wrong price. You need to overcome your fear of losing money by strenghthened strategy. This is the basic of the trading to train yourself to remain calm and patient all the time. The best way to achieve this ability is to practice as much as you can.
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Sowik
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April 18, 2018, 02:22:09 PM |
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I never hold and never will hold! I always have set stop losses to sell my altcoins at point I deem decent.
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Alijiindahaus
Member
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Activity: 406
Merit: 11
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April 18, 2018, 03:51:25 PM |
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Many new traders can not control their nerves and sell the coins at the wrong price. You need to overcome your fear of losing money by strenghthened strategy. This is the basic of the trading to train yourself to remain calm and patient all the time. The best way to achieve this ability is to practice as much as you can.
it is a little necessary and to learn the theory, because if you just practice, then you will not have enough money to learn how to trade, because you will do it and lose it. |
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Kunlejoe0
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April 18, 2018, 03:55:15 PM |
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Fear of holding is present with every trading decision. And the longer holder eventually win. Now that you know what it takes to win, you must do e everything it takes to hold your bitcoin successfully.
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RoftheN
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April 18, 2018, 04:04:46 PM |
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You will need two things for that, one is if you believe in the project than you need to avoid buying into the FUD that is circulated in the crypto forums. Secondly, only invest money that you can afford to lose, this way even if the price dumps you wont be panicked and try to sell your coins at a price point that you will later on regret.
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