Have you ever be afraid of holding?

[ancafe]

The long term has always been the best choice in bitcoin, the characteristics of bitcoin are actually strong in maintaining value, so many investors prefer to hold in the long term.

But as humans have you ever have this fear of holding? Like what if something happens to my investment?  Did the negative news sometimes threatens your feelings? Like a case of politician in my community who bought 10 units of bitcoin after his political appointment six month later was caught by government ban policies trying to withdrew remaining units of 5 and some fractions after the long time of bearings season, he was sore afraid to loss more than that. He was caught by bank regulatory policies of no transactions with Cryptos related business and local banks and his account was seized.

Of course panic and worry has been experienced by anyone in the crypto space, especially for those who are new to investing. Negative news, exchange crashes and cases of a political nature affecting bitcoin will have a psychological impact on long-term holders, because it relates to the money we invest and moreover the amount is large and not limited to one's ability to undertake the investment.

But over time, experience will teach the ability to control the risks involved in investing. Experience will also teach us to read market movement situations and understand bitcoin travel conditions from time to time and price fluctuations cannot be separated along the way. So it is very natural for people to feel worried and experience fear when starting or who have been involved in investing before.

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[BIT-BENDER]

Well this doesn’t happen to me as I am more of bitcoin enthusiast and I have never heard issues holding the Bitcoin. And it’s even preferably to me than cash.

Most people that would be scared of long term holding should be the ones that are holding Altcoins, there are risk holding those altcoins especially the more affordable new ones.

[isaac_clarke22]

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Actually it is easy as long as the money you had invested are just the one that you can afford to lose. I can still recall though my experience before where I kept on refreshing the browser for the price of Bitcoin in the span of  5 minutes. It kinda gave me the bad habit of looking into the price endlessly, but then I overcame that bad habit though.

I never had the fear of holding now these days. It's like I even forgot that I even bought Bitcoin then only to found out that one day my investment just went kaboom! No profits within a year? Meh, it's fine. Hundreds of profits next year? Holy crap, I did not see that coming.

[Davidvictorson]

But as humans have you ever have this fear of holding? Like what if something happens to my investment?  Did the negative news sometimes threatens your feelings? Like a case of politician in my community who bought 10 units of bitcoin after his political appointment six month later was caught by government ban policies trying to withdrew remaining units of 5 and some fractions after the long time of bearings season, he was sore afraid to loss more than that. He was caught by bank regulatory policies of no transactions with Cryptos related business and local banks and his account was seized.

The politician in your story either didn't have the right people around him to provide him with wise counsel on what to do or he choose not to listen to them. Because if he had ain't no way the bank woulda caught up with him.

Have you also have that fears before? Is holding for too long OK?

When people bring up questions like this whenever we are having a conversation, I tend to remind them that there are a lot of factors that are at play. For example, holding for too long is dependent on the financial goals of the individual. While currently some persons may be holding to take profit at slightest opportunity, some are waiting for the halving while other are holding until the recession and inflation goes aways. And then there are the hard-rock guys who are holding forever.

[Issa56]

The only time I was scared of holding was when I started cryptocurrency newly, I was scared maybe bitcoin will dump hard and it won't be able to recover back, gradually when I was learning more about bitcoin, I was getting confidence till when I fully understand what bitcoin is all about, then I realized that bitcoin will not die, the only thing that can happen is that the price will dump and if I can hold, then the price will definitely bounce back with time. So now if bitcoin is dumping, am always using the opportunity to accumulate more.

[Cryptomultiplier]

My only fear for holding Bitcoin right now is just scammers or hackers or the exchange crashing or my account get frozen. Other than these stated reasons, if it concerns investment, I do not fear to hold for long term, so long as the duration I set is timely.
People who hold Bitcoin for long, for almost 3-7 year duration have more potential of accumulating profits despite the upheaveals of the market. It's okay to hold if the resource is one that can be lost. Better put, research and invest only in risk you can afford to loose. Employ good strategy to invest like using DCA method.

[Viscore]

Is holding for too long OK?

in the past I have had bad experiences with holding altcoins. it started when i buy altcoin on exchange, i withdraw it in wallet. but i forgot about it. I accidentally held on too long. it has even gone through several pumps and finally a very sharp decline occurred. sizable loss.
from that experience, I see, if you want to hold for the long term it is better to choose Bitcoin. any altcoin is too risky for our investment. unless you are a person who always goes to the market every day.

Altcoins are certainly not for long term investments, so you need to hold them only for short term and then be ready to sell them before their prices decline. But some failed to sell so they end up losing. However, with bitcoin, it’s certainly good for long term investment, so the more years you tend to hold it, the higher the value it gets. Especially if you hold it until you forget that you have a portion of bitcoin in your portfolio, I guess that would bring very huge profits by then.

[Yamifoud]

The only time I was scared of holding was when I started cryptocurrency newly, I was scared maybe bitcoin will dump hard and it won't be able to recover back, gradually when I was learning more about bitcoin, I was getting confidence till when I fully understand what bitcoin is all about, then I realized that bitcoin will not die, the only thing that can happen is that the price will dump and if I can hold, then the price will definitely bounce back with time. So now if bitcoin is dumping, am always using the opportunity to accumulate more.

Same to you then, mate as we are an apprentice in this crypto journey before.
It is a process, we feel doubts and worries because of no experience and totally lack of market understanding. And aside from that, we really don't have any idea where it goes because it was new and we all are just testing it. But it was enough, our experience taught us how to be strong, it taught us how to manage our emotions, and most of all, it gives us faith in believing that Bitcoin has a bright future.

[nurilham]

Long term investors are the real investors, is not easy to hold watch your money going down by the day, people who buy occasionally during deeps and store don't usually calculate current price action  because they are after the future.

Both long-term and short-term investors are real investors. Both require patience to hold, goal are also the same (profits). Both types of investors also need the knowledge to analyze when the right time for entry and exit. I don't see significant differences between them.

But as humans have you ever have this fear of holding? Like what if something happens to my investment?  Did the negative news sometimes threatens your feelings?

I assume every investor must experience feeling afraid. As humans, feeling afraid is something normal. However, if we understand how crypto market work, we don't feel too afraid. Bitcoin price drops aren't the end of our assets, it only happens temporarily. As long as there are Bitcoin halvings, there will be always the chance for the next ATH or another bullrun season for Bitcoin/crypto.

[HajiBagi]

It is natural you panicking to selling your assets when you noticed a sudden decline or drop as a result of fud and other factors too more especially when you are holding for a short time.

No investor would be comfortable watching while their assets value decline without taking profit from it or better still taking back their capital while they can to avoid loss.

This is the experience of every newbie.

No one wants to lose money when investing, so my first priority is to make a profit rather than a loss. I also keep an eye on the price and hold an investment for a period of time to see if it is at the right level to sell for a profit, but I don't mind doing so for an extended period of time because doing so is also a part of my investment strategy.
I'm trying to convey that as an investor, you should keep in mind that holding for a long time must be one of your goals before investing since there are times when the price will be down and if you sell it, you will lose, so you stay for a while to avoid being lose.

[martyns]

Ofcourse yes,holding and exercising patienc is something
not all traders have the ability to do,as the name implies,"holding" which means you must have in mind that you are really going to exercise patience because it's really going to take a lot of time before it can  be profitable to you.There is no one who doesnt have that fear after putting a whole lot of money in investment made.I remember the first time I knew about holding and I wanted to invest in it,after using my last currency in  holding,I started blaming myself and I felt like I wouldn't have invested that amount  in it,but I already did,and there was no way I could get the money back.

[Kara3]

I want to make this very clear, in the crypto industry, if you can't hold, you can't be rich, secondly holding alt for too long is extremely dangerous for your money, if you want to invest, do it with bitcoin, most times you may loss the opportunity of making very good profit by holding too  long, that's why it very important as a good trader to always take profit, so that you won't be at the receive end at some point.

[Assface16678]

Have you also have that fears before? Is holding for too long OK?

Holding for too long is still okay, if you have trust on it go for it. You can hold for a longterm if you're financially stable and you're not worrying about what you hold. It's really important to have asset management, we know it's really risky to invest cryptocurrency and that cryptocurrency or trading is made for the risk taker so every holder know this, but if you're financially difficulty it's really bad to hold crypto like bitcoin if you're not financially stable, you will need the money that you invested because you need money for daily needs such as a food, bills and tother stuff so it's really important to know this before entering in cryptocurrency and hold such a money. god bless to you

[ultrloa]

I want to make this very clear, in the crypto industry, if you can't hold, you can't be rich, secondly holding alt for too long is extremely dangerous for your money, if you want to invest, do it with bitcoin, most times you may loss the opportunity of making very good profit by holding too  long, that's why it very important as a good trader to always take profit, so that you won't be at the receive end at some point.

That's not always gonna the case, since there are times that those holdings are unintentionally done because there are times that people forget about their holdings but suddenly they remember to have it when they see the value spike. There are scenario that people do hold but unfortunately they cannot handle the bearish condition of the market and sell their holdings at much cheaper price.

So before thinking about doing it much better if you do some proper research to know the risk and to practice how you can handle it.

[nakamura12]

I am also afraid when I am holding crypto. Who wouldn't be afraid of holding crypto?. There are reasons why people are afraid of holding but I think there are some people who are not afraid since they are more willing to take risk and have lots of money. People like us that doesn't have lots of money are much more afraid to do so. There are some people who are new and doesn't have lots of experience are the ones that are much more afraid.

Cryptos? I think crypto is altcoin and bitcoin is still bitcoin not crypto.

If you hold crypto, obviously, you will definitely have excessive fear because if you hold the token, the risk will be very high. I don't even dare to do it in crypto, except holding BTC, even though the fear is there, but it will still be opposed because I think BTC will better in the future if I can endure it longer.

BTC always has a good cycle and it always reaches ATH. This can be seen from history, how we saw it, so the only holding now is BTC, not altcoins.

It is natural to have anxiety and fear, it is human but you have to stick with BTC if you want to be profitable.

Yes Bitcoin is a cryptocurrency. Why?, Because cryptocurrency is what people use to call an electronic currency and that's why Bitcoin is also a cryptocurrency since Bitcoin is also an electronic currency like the other crypto such as ETH and altcoins. What you said about coin and altcoins is that's what makes it different from Bitcoin. Bitcoin is the original and the rest are alternative coins or in short, altcoins. I don't care if you think that way but everything I know and what I have learn are from the people who have vast knowledge about crypto especially those who are reputable forum members here in Bitcointalk forum.

[Outhue]

If you are afraid of holding your coins for the long term because of price volatility then it's possible that you are not sure of the coins you purchased or you invested the money you are not ready to lose. Crypto investment is risky and that's why investing money you are ready to lose is the best way, when price actions behave like it always do, you won't be bothered. So which one?

Fear, Uncertainty, Panic selling, and tired of holding, all these are my former ways of handling crypto assets, I knew how to pick the right projects but my lack of patience made me lose wonderful opportunities, to become rich.

Try using the money you are ready to lose, do good research on the projects very well, and make sure you gain confidence in doing so, your confidence will come if you are positive about the project. If you are doubting then do not invest. Holding for the long term brings better ROI for investors than taking short profits, if you can do it you are already a winner.

[Dzwaafu11]

Holding crypto/bitcoin assets for a very long time is not an easy matter. Many people are tempted by a small increase, then sell it. After selling it they regret it, because it turns out the market continues to increase. So it's true, investing in the long term, you have to be really unanimous, your determination must be strong, your calculations must be mature, you must be mentally strong and don't forget that investing in crypto/bitcoin for the long term, you must have a steady job, with monthly salaries. Because if you only rely on investing in crypto/bitcoin, you are afraid that before the target price has not arrived, all the assets have been sold, it is still better if you sell when the market is rising and you will have a profit, but what if the reason you are selling these assets is because there is an urgent need, something like that is very inconvenient. So when you are going to invest, the point is that you have to have a steady job, that's for provision, while waiting for assets to experience a high increase, so you can be more calm in investing.

Is it necessary for someone to work for a living before investing in bitcoin and other cryptocurrencies? Someone can invest by having a small small income; it is not necessary to be a salary earner; all you can say is that someone should think wisely and do not use all they have for investment rather than savings, and then plan for their daily provision to eat and other necessary things to do out there. One can sell his or her investment when there is an urgent need and there is no other way out, or when the real money are insufficient to meet his needs at the proper moment, which is one of the reasons he invests.

[Vicson1]

No investor would be comfortable watching while their assets value decline without taking profit from it or better still taking back their capital while they can to avoid loss.

Yes I agree with you. It is safer to always to avoid loss even though it's inevitable in the investment community, that's why one has to look in details before investing but Bitcoin is a safe place to invest. Even if it falls for a while, it'll rise up again.

[Finestream]

Long term investors are the real investors, is not easy to hold watch your money going down by the day, people who buy occasionally during deeps and store don't usually calculate current price action  because they are after the future. Characters of holding includes not checking or bordering about daily price, not minding the reductions or increase in price, they're after accumulating more of bitcoins in units or fractions, not regular negative news listeners, and they barely tells if they've loss a lot from the system, finally they're very patients enough to wait for recovery and overflows in price.

But as humans have you ever have this fear of holding? Like what if something happens to my investment?  Did the negative news sometimes threatens your feelings? Like a case of politician in my community who bought 10 units of bitcoin after his political appointment six month later was caught by government ban policies trying to withdrew remaining units of 5 and some fractions after the long time of bearings season, he was sore afraid to loss more than that. He was caught by bank regulatory policies of no transactions with Cryptos related business and local banks and his account was seized.

Have you also have that fears before? Is holding for too long OK?

I would admit there’s always fears at first, the fear that you will only lose your capital in the long run and the fear that bitcoin price will suddenly drop sharply and then didn’t manage to recover. And I think these are normal because we have emotions that’s hard to separate from every action that we show. But maybe you get used to it the more you invest for long term. Once you experienced profits, your faith even grows more, until you tend to become unbothered with different price swings, and just hold it like you have nothing to lose in the end. A lot have been successful in it, and I just tend to follow their patterns when it comes to making success in bitcoin.

[Hamza2424]

Everyone who is going to invest in a non-reliable asset is going to be afraid of holding the funds for a long timeframe due to the fear of losing the capital amount. One who invested in Bitcoin particularly, Who had learned and experienced at least one cycle with Bitcoin is never gonna be afraid f the market value Pumps and Dumps and He is gonna hold the funds in Bitcoin without any fear until don't need them. So always invest in reliable assets such as Bitcoin which will greatly reduce your worries of losing money.