How to manage fear of lost as a Bitcoin investors

[barbara44]

Losing is not a big deal, and if you can learn that then you are not going to worry about anything.
There are a lot of people who fear of losing but losing is a normal part of investment and if you could get used to that then you are not going to fear it.

You will lose, be sure of that, there is no single person in the world who only wins and never loses, which means you are not going to be one neither, you will just end up with a loss without a doubt. Focus on winning more than losing, and then losses won't be big deal.

[ScamViruS]

Traders want to make daily profits, which is why they are not interested in spending time researching market research and market news, which can prevent them from taking the right trades. Since a trader is more interested in making money, they should focus more on acquiring trading skills and trading experience so that they can learn about the market and catch market trends. Traders need to spend time in the market to learn the market in order to minimize losses as much as possible. And the fear of losing money only arises when the trader does not know what he is doing and has no clear guarantee of the outcome of his trade.

Well, making profits every day feels a bit greedy right? since no one can guarantee your daily results. The fear of losing usually comes from using money you can’t afford to lose or from not being confident in your own strategy. It’s better to start with as little as possible if you want to minimize losses. Many new investors want to win big without taking big risks. When they lose money, they get angry at everyone, but when they’re in profit, they become very proud of it. Fear isn’t a bad thing at all it will remind us of the risks that can appear.

Thinking about making a daily profit from the market is not a bad thing if that trader has the ability to read the market correctly and make the right decisions. But for those who want to profit from the market but don't have enough ability or don't really know what they are doing, it creates problems, which leads to huge losses for them. To be a successful trader, you need to acquire knowledge to build skills. Nothing happens overnight, it requires proper planning, education. And this is where many traders make mistakes, which ends their trading dreams in a cruel way. Traders should take trading seriously and approach everything professionally so that they can do well in trading by understanding the market well.

[savetheFORUM]

You call it greedy but I don't think it's greedy. I think everyone trades to make a profit and in that situation you might expect to make a profit every day. Many traders expectations are not met due to lack of proper planning or market downturns. During periods of unexpected price declines or increases in the crypto market wrong decisions can became be made. Analyze what actions you should have taken to reduce losses in trading and identify the risks in the market and try to strengthen those areas of weakness. The more aware you are in risk management, the greater the chances of profiting from trading.

If you "expect" to make money every day, from trading, that is greed without a doubt. You can't expect to make money every single day, nobody does, there is no way that you could have 365 profitable days out of a year, it's literally impossible.

What you can do however is to make sure that you can handle the situation a lot better, by making sure that you are dealing with something that's taking some time with this. So assume you will lose, and hope that you win more than you lose, that's not greedy. Assuming and expecting wins everyday? That's pure greed.

[Stable090]

Losing is not a big deal, and if you can learn that then you are not going to worry about anything.
There are a lot of people who fear of losing but losing is a normal part of investment and if you could get used to that then you are not going to fear it.

As an investor, I will say loss is just normal, and it’s something that we can’t really avoid, so if you are an investor and you are scared of losing, then you shouldn’t just invest. Instead of being scared, there are some things which you are just suppose to put in place to reduce the risk which you are taking.

If you claim that you are a investor, and you don’t want to lose, then you not really an investor, that’s why when investing, you shouldn’t invest everything you are having,   Make sure you invest what you can afford to lose, also make sure you diversify when investing, don’t depend on only one investment which you make, it’s better you diversify so that if one doesn’t work out for you, you have back up.

[gunhell16]

The best way to manage fear is to face it. You cannot call yourself and investor if you are scared to take risk. I mean calculated risk, because some kinds of risk aren't worth the time.
The need for learning as the first step is important not just thinking and rushing into trading or becoming a Bitcoin investor without any knowledge of the best practices and risk management skills to have inorder to efficiently execute and be successful at it. Do your own research is the saying for this and it is meant exactly as said.

Lastly, the only way to grow thick skin over any loss is to actually take action and execute a trade or savings plan like DCA and learn from the experience of market volatilities and speculation making your assets drop in value all of a sudden. When you have more than an experience doing the work, you would naturally outgrow the fear of investing in Bitcoin which has proven beyond doubts its authenticity and value as the number one crypto currency in the world and great hedge against inflation.

Regarding what you said about how we should face our fears as investors for me, that is absolutely right. It reminds me of a book I read titled Dare to Fail. We all know that when fear is present, most communities tend to avoid it. But what they fail to see is that once we overcome it, something unexpectedly beautiful can happen to us.

As they say, real gold is refined in fire to determine if it is truly pure or just brass. I think it's the same with overcoming our own fears, which represent our weaknesses though in reality,
we shouldn't have them.

[L E G E N D A R Y]

Any investor feels the fear of losing especially if he is new to the investment, or he is still less knowledgeable on the kind of investment he decides to venture. I guess the only way he'll be able to manage his fear is to know his investment well, be aware of its risks and how to combat them, and most importantly, learn to invest on what you can afford to lose. There is no room for greed in any investment, because that is the reason why your emotions takes control of your mind, when it should be mind over emotions.

Absolutely, fear is part of human life, which occur naturally  but one can overcome it, if they are able to understand risks and how to manage them, that is to say if they follow the rules and regulations of investment, they can be able to know the right time to invest or not, because it will help them in keeping emotions in check and know the right thing to do, in order to get what they want and its also important to invest with what they can afford, especially if they are new or unsure about the market, which will help them to prevent or avoid losses.



Concentrate all your thoughts upon the work in hand. The sun’s rays do not burn until brought to a focus.
—Alexander Graham Bell

[Finebone]

The best way to manage your risk while trading or investing is to use an amount you can afford to lose, as you have said already. All other risk management strategy is secondary and they are nothing to when you are using what you can afford to lose, because even in the worst possible scenario you will still not be affected, so that is why using an amount you can afford to lose is highly recommended when trading, than using stop loss or no or low leverage.
Am not saying that they are not good, they are also a good wey to manage your risk in trading, but they are both secondary way to manage your risk, unlike using what you can afford to lose, which is a primary way to manage your risk.

[Zanab247]

Losing is not a big deal, and if you can learn that then you are not going to worry about anything.
There are a lot of people who fear of losing but losing is a normal part of investment and if you could get used to that then you are not going to fear it.

It depends the amount of money you are using to trade, because if you are using big amount of money to trade is a big deal for you and it can cause you to lose money you will not going to recover easily. If truly you want to manage fear of lost in the industry, you need to acquire the trading knowledge, because that is what will make you to do the right thing that will lead you to be profitable in your trading.

What some new traders don't understand is that, they don't know that lost and gain cannot come at the same time to trader, but one of them will surely occur for trader to know if you are good in trading or bad in trading. If your earning is higher than your losing in trading it shows that you are a good trader in the field.

[Mpamaegbu]

Managing loss or knowing how to manage it goes beyond theoretical rhetorics. It's practical. I want to liken it to football spectators who move their limbs and gesticulate while seated or standing while their favourite teams battle it out on the pitch of play. These spectators think what's done on the pitch is as easy as they move their limbs, not knowing lots of practice and time have gone into every player's routine.

Trading is analogous to that, and those who cheer on and admonish traders on maintaining  emotional control are likened to spectators. These are two things that can destroy a trader, no matter how top notch they think their strategy is – lack of money management and emotional control. Those thing aren't easy to manage or stick to.

[YOSHIE]

How to manage fear of lost as a Bitcoin investors

If you enter the world of crypto, you are sure to often encounter "RISK" warnings. All decisions are up to you.
Meaning: if you are already an investor, of course you already understand the meaning of loss, That is indeed part of success, on that basis we can understand how to manage the risk of loss when you carry out activities in the crypto market, really with cold money, I don't mean based on loan money, selling property or salary money for your daily needs.

In trading on the crypto market, losses are part of success, like night and day, the result is that if it's not day it's definitely night, so in crypto trading always use money that doesn't give you a headache when you lose.

[Faisal2202]

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.

I do love the idea of not following any influencer but to seek help from financial advisors, that's really great and will be very beneficial in the future. Now, doing all this can be a bit unnecessary too, like, I mean doing homework, and reading a lot from the coinmarketcap or any other similar site.

I don't mean to say it is not good or is not that necassary, what I mean is, someone who wants to start asa  bitcoin investor can start without learning all that. they can first learn the risk, how much they can invest and do DCA. But you make a very thorugh point.

[Franctoshi]

When you want to get involved in any investment, you have to consider the risk factor, especially when it comes to investment in digital assets like Bitcoin. It's important to note your risk tolerance before investing, considering how volatile this market is before putting in your hard-earned money. When you invest an amount of money you can't afford to lose, this is when you can't be able to manage your emotions due to the volatility of Bitcoin.

[Cyber_warrior]

I do love the idea of not following any influencer but to seek help from financial advisors,

We are not even suppose to follow the influencers, what I notice now is that influencers only care about the amount which they are going to earn now, and they don’t care about their audience any longer. They are ready to do anything thats going to benefit them even if it’s going to harm their audience. Lots of people have been mislead by influencers, so it’s just better we don’t trust most of all this influencers. When you get any information from them, make sure you do more research to confirm the authenticity of the information.

[DPHOR]

When you want to get involved in any investment, you have to consider the risk factor, especially when it comes to investment in digital assets like Bitcoin. It's important to note your risk tolerance before investing, considering how volatile this market is before putting in your hard-earned money. When you invest an amount of money you can't afford to lose, this is when you can't be able to manage your emotions due to the volatility of Bitcoin.

That is another very important thing everyone must note while trading or doing their investment, it is always compulsory that every investor must invest with the amount they can afford lose and not what they can't afford to lose while doing their investment, and immediately they venture the market with a capital too huge for them to lose automatically it triggers their emotions so easily where they would began to worry about what they had invested into the market because they can't even withstand the pressure of what had put and also they were afraid of losing it then emotional challenge comes into them immediately.

[Pandorak]

When you get into Bitcoin, you need to know about the risks of investing in Bitcoin before you invest. It is completely foolish for an investor to invest in Bitcoin without knowing about the risks of investing in it. You should invest with the amount of risk you have the ability to take. But in the case of new investors, the situation is the opposite, especially they do not develop a mindset to take risks and do not give themselves fitness in the same way, due to which they withdraw from trading or investing immediately after making a small loss.

Risk is something that must be considered before starting an investment, because nothing is completely safe, including Bitcoin investments. All investments have their own risks. Using discretionary income to accumulate is the most appropriate step for an investor, because the money used is leftover income. This not only minimizes risk but also creates consistency to continue accumulating in the long term without fear of the risks that will be faced. To manage fear while continuing to accumulate, one can gradually increase their knowledge, the goal is to build confidence in Bitcoin, understand its potential, and grasp its future prospects.

[LastKiss]

I do love the idea of not following any influencer but to seek help from financial advisors,

We are not even suppose to follow the influencers, what I notice now is that influencers only care about the amount which they are going to earn now, and they don’t care about their audience any longer. They are ready to do anything thats going to benefit them even if it’s going to harm their audience. Lots of people have been mislead by influencers, so it’s just better we don’t trust most of all this influencers. When you get any information from them, make sure you do more research to confirm the authenticity of the information.

At first, they will care about their followers, but once they gain fame and recognition they slowly begin to look for ways to benefit themselves. This has already happened many times on social media when people believe in them, investors often forget about risk, patience and their own strategies. If we are able to manage fear, it can help keep us aware of the risks that Bitcoin has. It’s better to have a small community of people we know, where we can warn each other when fear arises due to news, FUD or Bitcoin price drops.

[RockBell]

When you want to get involved in any investment, you have to consider the risk factor, especially when it comes to investment in digital assets like Bitcoin. It's important to note your risk tolerance before investing, considering how volatile this market is before putting in your hard-earned money. When you invest an amount of money you can't afford to lose, this is when you can't be able to manage your emotions due to the volatility of Bitcoin.

So when you doing investment you should do your own background because knowledge about the risk factors is very important and most people that are criticizing bitcoin is because they did not do there research to even know the risk that digital assets comes with am very sure that if they know they will know things to avoid it is not that difficult to know just that majority of us are just not prepared because when you have the right knowledge every other thing will be known and you will even know things to avoid. Because putting your money in something you are not seen it takes a lot of trust so all this is because you have already done your homework well by researching and most reason people lose there money is because they are not patient enough.

[ndutndut]

Losing is not a big deal, and if you can learn that then you are not going to worry about anything.
There are a lot of people who fear of losing but losing is a normal part of investment and if you could get used to that then you are not going to fear it.

You will lose, be sure of that, there is no single person in the world who only wins and never loses, which means you are not going to be one neither, you will just end up with a loss without a doubt. Focus on winning more than losing, and then losses won't be big deal.

Yes, entering the crypto world requires developing the mentality you mentioned. Don't focus too much on fear when investing in Bitcoin. Instead, learn about Bitcoin in depth. This will indirectly empower you to master your investment and ultimately the fear will disappear as losses and profits are part of the crypto world.

Instead of focusing on the fear of loss, focus on how to minimize losses in investing and trading. Fear can be overcome by learning more deeply so you can master it. Once you master it you will have confidence in the asset you are investing in, in this case Bitcoin.

[Oluwa-btc]

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
Start small, scale slow, test with the manageable amount to lose in case marker exchange change as a newbie, then gradually increase as you feel comfy. Set rules, No emotion , in this case decide price to buy/sell before you sweat. 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.

Just as the topic says,the goal isn't to kill fear but to manage it,so it doesn't affect or overrule your decisions.One of the preparations to have is that volatility is part of the job,you can experience it early or later so be very careful how your emotions unwraps.You'll want to panic at every interval but position yourself strongly.Understand the circle,plan ahead,risk management and have patience.

[abaeze]

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
Start small, scale slow, test with the manageable amount to lose in case marker exchange change as a newbie, then gradually increase as you feel comfy. Set rules, No emotion , in this case decide price to buy/sell before you sweat. 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.

Just as the topic says,the goal isn't to kill fear but to manage it,so it doesn't affect or overrule your decisions.One of the preparations to have is that volatility is part of the job,you can experience it early or later so be very careful how your emotions unwraps.You'll want to panic at every interval but position yourself strongly.Understand the circle,plan ahead,risk management and have patience.

It is rightly said that there is no person without fear, no matter how big a trader he is, the more responsibility he has, the more fear he has. However, fear teaches people discipline and protects them from losses. Therefore, the goal should be to manage your money with discipline even in this situation.

Risk management and patiently making the right decisions are the biggest strength to deal with these issues, so the goal should not be to kill fear forever but to manage it so that it does not affect your decisions. However, every break reminds you to think anew and to be responsible with discipline. Those who can control these with patience are the successful ones.