How to manage fear of lost as a Bitcoin investors

[bitbollo]

Simple and plain. Don't "invest". I would never use this term if I am talking about Bitcoin.
I decide to follow a new economy standard and to trust a very powerful and (mostly of all) ethical!
If you try to speculate, to make Money on It.... Why you think It should be more easily versus other investments?
Defintely not... There are many things that Will make you lose money if you try to speculate and "make money".
If your happiness could be related only to Money.....this Is a big problem....
Get out of Matrix and start to live the real Life !

[CryptoYar]

[...]

Yes research and preparation are most important to success in field of putting money in Bitcoins, which can change scared beginner into disciplined, long term investor with strong hand. Research teaches you on reasons why value of Bitcoins has risen, which makes you not panic and sell when price falls, but other shows that when market goes down, it is time to buy more. This information allows you to make smart choices regarding how much to invest and how long to hold, and you will be sure in ability to see changes in prices as chances to grow your wealth, other than as threat.

[purple_sparkles]

[...]

Yes research and preparation are most important to success in field of putting money in Bitcoins, which can change scared beginner into disciplined, long term investor with strong hand. Research teaches you on reasons why value of Bitcoins has risen, which makes you not panic and sell when price falls, but other shows that when market goes down, it is time to buy more. This information allows you to make smart choices regarding how much to invest and how long to hold, and you will be sure in ability to see changes in prices as chances to grow your wealth, other than as threat.

I’m not worried about bitcoin, it rises and falls with a certain cyclicality, and the fact that it provides opportunities to earn is 100% certain. The only thing that can spoil your mood is missing the market’s peak moments and then having to wait for the next growth period. But in any case, the overall value increases, and understanding its cycles is definitely necessary to calmly get through long and strong downturns.

[Gaza13]

The key to forming or building this foundation before they take the next step is, of course, equipping them with knowledge and insight before investing. This is the primary foundation for them. Without it, anxiety can turn into detrimental decisions. With this knowledge, it can help them understand that declines are part of the normal Bitcoin cycle and also you can understand that the decline that occurs can be an opportunity to get Bitcoin prices at their lowest prices. does not mean, as a form of threat or fear when prices are falling. Yes, that's right. Starting with small things is a wise step so that you can understand how the investment itself works. It is indeed best if we invest using money according to the portion, don't be too excessive or aggressive in investing because this will interfere with your investment.

[Stormisover]

Lost bitcoins as if stolen? Or lost value when the price goes down?

In first case, you just need to learn some basic rules, like the one that you don't use the device used for payments to download torrents, or watch porn.
Just buy a NEW hardware wallet from a legit source and it's over. People often criticize Ledger as one of the least safe hardware wallets out there, but I've had one for more than 6 years with no issues, so I dare to say even the cheapest hardware wallet is more secure than holding coins on exchanges.

In the second case, invest the amount you're completely comfortable with. If you see bitcoin go down by 10% and it gets you in a bad mood, it means you've invested too much. Reduce the investment up to a point where you no longer care. For one person it will be $100k, for the other $1k, but at some point you will be able to forget about it and that's the sum you start your bitcoin journey with.
It's funny but when I had just $10k in bitcoin I was more worried about the price than when I had $100k.

Reading the op i guess he is referring to lost when the value goes down, surely this fear will be minimal only when the amount invested is within an amount we can do away with for the rest of our life and that is why it is always advisable to consider first taking care of all that is essentially basic expenses before investing at whenever there is a left over money by so doing we become emotionally immune at when the value goes down, it is a must that at some point the price will go down it can't keep going up without going down this is what anyone should always have in mind.

[armanda90]

Prepare your mentality firstly its great way if want manage fear as bitcoin investor, some time not all investor have good mentality when investing in bitcoin and fear if price of bitcoin down make them panic to sell at cheapest price. Difference moment if your mentality already before trading in bitcoin and agree all term of service all cryptocurrency exchange about risk when investing assets in cryptocurrency.

You must face all fear and risk when investing in bitcoin, make your self enjoying when investing in bitcoin by using freeze money and likely you not really fear if bitcoin as investment assets drop significant. However has guarantee when investing assets in bitcoin not really fear yet if bitcoin get down  has higher chance for recovering back to higher price but how long moment need it.

[lizarder]

Some of the keys factor to look as an investor
Know your risk tolerance, the ability of accepting the losses of your investment exchange, invest only what you can afford to lose. Not your life saving not what you borrow, only what you afford to lose in case such happen as a beginner.
Other factor like your homework, research Bitcoin trending news, coinmarkercap, coin telegraph, understand why you are investing not as just a feeling because others are doing it

As a beginner it's not recommended to immediately take the approach of buying large amounts for your investments. What's important is how they establish a risk tolerance commensurate with the investment they're involved in. Investing in Bitcoin won't cause anyone to lose money; it depends heavily on their knowledge. Those who experience losses in Bitcoin investments typically panic when the price of Bitcoin drops sharply, leading them to sell Bitcoins in that condition.

Experience will provide more knowledge, as there will usually be times when Bitcoin will rebound, even after experiencing a sharp decline. Therefore, beginners must understand investing properly before taking any approach so that when Bitcoin experiences a sharp decline, it doesn't affect their psychology, leading them to sell their Bitcoins in such circumstances.

[reagansimms]

The best way to manage fear is to fight it, every investment always has risks at different levels, you must face it by increasing your knowledge in investing so that you can minimize the risks that will occur. Mental development is also very important for beginner investors because the Bitcoin market is very volatile. Always be optimistic even when corrections occur to avoid making impulsive decisions that can affect your psychology. Never ignore the important things in investing including maintaining an investment plan, always using a clear strategy and investing money that you can afford to risk.

[Ishicryptic]

It is easy to manage fear of lose in Bitcoin because your Bitcoin is not actually lost, it is the value that dip, if you understand this there won't be reasons to fear. Bitcoin is a store of value and that is to say that if it dip that it has the potentials to reach a new ATH, if you know this you will make plan to hodl for a long term. As long as you use money from your discretionary funds to buy Bitcoin it won't affect your lifestyle, you don't have to panic and sell prematurely just to survive. If you are doing DCA and you are not planning to sell on the short term it means you don't have to fear about loses, you will be profitable on the long term.

[Nahl]

Bitcoin can be considered as high risk investment even compared to other investment instrument bitcoin probably will be in the top as the most risk investment because of volatility and those who want to became an the investor should be realize these risks and being fear to lost is normal and it's human nature because nobody want to losing their money but i think we should be overcomes this feel with learn more about the market movement whether it bear market or bull market and accept the risk and in my opinion with the experience of years i think the investors will start to get used to the volatility of bitcoin and they will have the ability to control their fear especially when facing bear market

[FortuneFollower]

The best way to manage fear is to fight it, every investment always has risks at different levels, you must face it by increasing your knowledge in investing so that you can minimize the risks that will occur. Mental development is also very important for beginner investors because the Bitcoin market is very volatile. Always be optimistic even when corrections occur to avoid making impulsive decisions that can affect your psychology. Never ignore the important things in investing including maintaining an investment plan, always using a clear strategy and investing money that you can afford to risk.

Fear is gone when you don't see why you should fear something, and to do that, you should have enough understanding to do so.

[dimonstration]

Don’t check price frequently. You will not suffer a realized unless you already sold your holdings. You will feel anxiety and fear if you keep checking the price since it’s too volatile. There’s always a bearish season on every cycle so it’s normal that it will correct after a price surge.

Holding long term without checking the price helps me to holding without experiencing fear because I’m already used to the price dip.

[Myleschetty]

The best way to manage fear is to fight it, every investment always has risks at different levels, you must face it by increasing your knowledge in investing so that you can minimize the risks that will occur. Mental development is also very important for beginner investors because the Bitcoin market is very volatile. Always be optimistic even when corrections occur to avoid making impulsive decisions that can affect your psychology. Never ignore the important things in investing including maintaining an investment plan, always using a clear strategy and investing money that you can afford to risk.

In addition to what you mentioned. Understanding that 1BTC will always be 1BTC forever and that nothing will change it is the first step towards overcoming fear when investing in Bitcoin. The real loss for all investors occurs when they dump or sell their Bitcoin due to the dip, which only opens the door for another opportunity to buy low. Regardless of the downtrend, BTC will only lost value in the current market, and not for long.
Another thing is investing in BTC using the complementary fund through the use of DCA.

[hero_the_bossman]

Don’t check price frequently. You will not suffer a realized unless you already sold your holdings. You will feel anxiety and fear if you keep checking the price since it’s too volatile. There’s always a bearish season on every cycle so it’s normal that it will correct after a price surge.

Holding long term without checking the price helps me to holding without experiencing fear because I’m already used to the price dip.

Agreed.

To do that, you should have hobbies, time to relax, and not to be so reliant on your portfolio dictating what you are going to do next, have a stable job, and so on.

[Rustam Meraj]

Bitcoin can be considered as high risk investment even compared to other investment instrument bitcoin probably will be in the top as the most risk investment because of volatility and those who want to became an the investor should be realize these risks and being fear to lost is normal and it's human nature because nobody want to losing their money but i think we should be overcomes this feel with learn more about the market movement whether it bear market or bull market and accept the risk and in my opinion with the experience of years i think the investors will start to get used to the volatility of bitcoin and they will have the ability to control their fear especially when facing bear market

Admittedly, Bitcoin is very risky investment since its price changes so much, yet that is price you have to pay to have chance of making big profits. Normal fear of losing money should be controlled by learning to know that price drops are natural thing that happens in cycle, which can be viewed as buying chance, other than disaster. In long run, investors become used to price changes and learn to focus on long term idea of Bitcoin and not on price changes in the near time to be able to handle their emotions and not sell out of fear.

[henry_of_skalitz]

Admittedly, Bitcoin is very risky investment since its price changes so much, yet that is price you have to pay to have chance of making big profits. Normal fear of losing money should be controlled by learning to know that price drops are natural thing that happens in cycle, which can be viewed as buying chance, other than disaster. In long run, investors become used to price changes and learn to focus on long term idea of Bitcoin and not on price changes in the near time to be able to handle their emotions and not sell out of fear.

It heavily depends with what we compare it.

BTC is the safest coin to buy to date.

Where is the risk if you understand what you do?

[GreatArkansas]

Don’t check price frequently. You will not suffer a realized unless you already sold your holdings. You will feel anxiety and fear if you keep checking the price since it’s too volatile. There’s always a bearish season on every cycle so it’s normal that it will correct after a price surge.

Holding long term without checking the price helps me to holding without experiencing fear because I’m already used to the price dip.

Agreed.

To do that, you should have hobbies, time to relax, and not to be so reliant on your portfolio dictating what you are going to do next, have a stable job, and so on.

This explains what the common phrase is: "invest what you can afford to lose". We always go back to this phrase every time I see a topic like this. It's basic yet direct to the point.

Those hobbies or leisure time you will find are useless if you really invested too much that you can't afford to lose, that's it, that's very basic.

[Out of mind]

It is very natural to have a fear of losing when investing in Bitcoin and all other cryptos, especially if the person is new to it. Every person needs to follow a few steps while investing and set specific goals which is important for investors. To avoid fear for those who are new, investing small will have less risk, if the new people invest big at this time and reach the point of market instability, they will be stressed if they face losses.
We most of the time have to remember that the market can see instability at any time, so we have to be patient without getting scared, it is normal to face profit and loss when investing. It is important to analyze the market. Most of the time I think it will not be good to follow all these online platforms at all, but it is reasonable to take the advice of knowledgeable people. To achieve success by investing, it is necessary to have a long-term mindset, but investment can face success in the future.

[LogitechMouse]

Know your risk tolerance, the ability of accepting the losses of your investment exchange, invest only what you can afford to lose. Not your life saving not what you borrow, only what you afford to lose in case such happen as a beginner.

Whether you're a beginner or not, this is applicable to any investor, but unfortunately there are many investors out there that are investing more than what they're willing to lose because they're only thinking of the profits and when they lost, they'll blame the market, or anything that they see where the reality is that, the only one to blame is them, and them only. Of course, they'll not claim that it's their fault especially those egoistic investors out there.

Set rules, No emotion , in this case decide price to buy/sell before you sweat.

We can set rules, but we can't disregard being emotional especially when there's money involved.

I can say that we should be disciplined enough to follow our rules, but there will always be investors out there that will not follow it, and that's why many investors are losing their money. As for the emotions, we are just human beings, and there will always be times where we will be emotional. At one point, you will feel disappointed in yourself because of your decisions, regret because of your wrong decisions, and anger maybe because of the things that happened, but at the end of the day, we must not let our emotions make our decisions for us, and always, always stick to our plan. Easy to say, but hard to do TBH.

Stay updated, not obsessed, that's to set alerts on weekly check, join calm crypto communities group (Twitter, telegram Facebook ) seek support, talk to a trusted financial advisor not influencers , all this help in managing the fear of investors.

Is there any CALM crypto communities out there on any social media platform? I only know 2, groups that have legit members that are helping, and groups where scams are everywhere.

Anyway, all of your advice will help our fellow newbies here, and thanks for sharing them of course. There will be 1 or 2 newbies here that will learn from this for sure.

[hero_the_bossman]

This explains what the common phrase is: "invest what you can afford to lose". We always go back to this phrase every time I see a topic like this. It's basic yet direct to the point.

Those hobbies or leisure time you will find are useless if you really invested too much that you can't afford to lose, that's it, that's very basic.

They would help you to get yourself out of the nerves and the desire to check the price too much, but I agree, risk management is the most important thing there, and it should be applied as much as possible to stay well-suited for the future.