How to manage fear of lost as a Bitcoin investors

[jossiel]

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.

Losses will be part of our trades and that's why normalize that not every trade is going to win. So, you're right about minimizing the losses.

And doing that is going to show how good you are as a trader when your losses are not that much compared to the others.

I think with investing, you just let it go and do nothing when you're holding Bitcoin. Because it usually recovers and that's why it's a normal thing to be patient.

[shawonngp]

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.

You are right, because no trading influencer cares about his audience or those to whom he sells paid signals, whether they profit or lose by following his strategies. Most paid influencers initially provide free trade signals and try to convince new traders of their strategies. Then those who buy paid signals and lose their audience either block or do not respond. Because he has already received his payment. I don't specifically follow any paid signal influencer; trading depends on my own personal learning, practice, research, and strategies. You cannot survive long in trading by paying for a subscription.

[BlackBaron]

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.

Losses will be part of our trades and that's why normalize that not every trade is going to win. So, you're right about minimizing the losses.

And doing that is going to show how good you are as a trader when your losses are not that much compared to the others.

I think with investing, you just let it go and do nothing when you're holding Bitcoin. Because it usually recovers and that's why it's a normal thing to be patient.

Simple logic, when we are still afraid then it means we are not prepared with the money we allocate, so it comes down to the money we use. We should make sure that the money we will use is money that is ready and not for other needs. After that, we can minimize the risk by installing stoploss, so that's the money we are ready to lose from the entire total we allocated.

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

[dunfida]

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.

Losses will be part of our trades and that's why normalize that not every trade is going to win. So, you're right about minimizing the losses.

And doing that is going to show how good you are as a trader when your losses are not that much compared to the others.

I think with investing, you just let it go and do nothing when you're holding Bitcoin. Because it usually recovers and that's why it's a normal thing to be patient.

Simple logic, when we are still afraid then it means we are not prepared with the money we allocate, so it comes down to the money we use. We should make sure that the money we will use is money that is ready and not for other needs. After that, we can minimize the risk by installing stoploss, so that's the money we are ready to lose from the entire total we allocated.

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

Actually its inevitable if we do speak about fear and worries on which we know that we are just humans and we dont want to lose money and thats why we do have those doubts and fear about losing it specially if its an amount which is that more than that you can afford to lose on which means that you will be having those worries. Its always been best that you should be only investing into the amount that you can to lose so that you would be having that kind of confidence or you wont be that getting stressed out or would be having that worry with your investment. Fear is something normal but once you do able to make yourself that getting having the experience then you would be that getting used to it when the time passes by but of course it will be that needing up that actual experience on how you would be facing up markets volatility.

[BlackBaron]

Simple logic, when we are still afraid then it means we are not prepared with the money we allocate, so it comes down to the money we use. We should make sure that the money we will use is money that is ready and not for other needs. After that, we can minimize the risk by installing stoploss, so that's the money we are ready to lose from the entire total we allocated.

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

Actually its inevitable if we do speak about fear and worries on which we know that we are just humans and we dont want to lose money and thats why we do have those doubts and fear about losing it specially if its an amount which is that more than that you can afford to lose on which means that you will be having those worries. Its always been best that you should be only investing into the amount that you can to lose so that you would be having that kind of confidence or you wont be that getting stressed out or would be having that worry with your investment. Fear is something normal but once you do able to make yourself that getting having the experience then you would be that getting used to it when the time passes by but of course it will be that needing up that actual experience on how you would be facing up markets volatility.

That's right, no one wants to lose money, so naturally we are afraid. But what we are doing here is something that is full of risks directly related to money, so if we cannot control that fear and are unwilling to take risks, then this is not the right place for us.

So we must understand ourselves as well—whether we can take risks or not. If we can take risks, then determine how much risk we can take, and if not, then it's best not to try because we will surely regret it deeply when we experience losses.

[jossiel]

Losses will be part of our trades and that's why normalize that not every trade is going to win. So, you're right about minimizing the losses.

And doing that is going to show how good you are as a trader when your losses are not that much compared to the others.

I think with investing, you just let it go and do nothing when you're holding Bitcoin. Because it usually recovers and that's why it's a normal thing to be patient.

Simple logic, when we are still afraid then it means we are not prepared with the money we allocate, so it comes down to the money we use. We should make sure that the money we will use is money that is ready and not for other needs. After that, we can minimize the risk by installing stoploss, so that's the money we are ready to lose from the entire total we allocated.

Stop loss is a good feature when we trade but, it's sad to hear that many still don't use it to protect their trades.

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

This applies for the leverage traders.

Starting with that amount will get you more with $10 per trade and with high leverage. But if you do that on spot, you're likely to get nothing to be honest.

That's also the logic in trading especially in spot, the higher the capital, the better potential profits.

[BlackBaron]

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

This applies for the leverage traders.

Starting with that amount will get you more with $10 per trade and with high leverage. But if you do that on spot, you're likely to get nothing to be honest.

That's also the logic in trading especially in spot, the higher the capital, the better potential profits.

Now the problem is when people think that the more capital they allocate in one entry paired with high leverage will make them able to get a very large profit. They become ignorant of the risks they will receive. In fact, what should be considered is the loss they will receive as well.

Especially if they do not install a stop los which later allows it to make all the capital they have will run out. This is something that often happens how someone thinks more about profit than the risk of loss which ultimately makes them have to lose all their money in a very short time.

[ChocolateBitcoinK]

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.

Losses will be part of our trades and that's why normalize that not every trade is going to win. So, you're right about minimizing the losses.

And doing that is going to show how good you are as a trader when your losses are not that much compared to the others.

I think with investing, you just let it go and do nothing when you're holding Bitcoin. Because it usually recovers and that's why it's a normal thing to be patient.

Simple logic, when we are still afraid then it means we are not prepared with the money we allocate, so it comes down to the money we use. We should make sure that the money we will use is money that is ready and not for other needs. After that, we can minimize the risk by installing stoploss, so that's the money we are ready to lose from the entire total we allocated.

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

We must trade slowly with a healthy mindset, I tend to use a large amount of money at once and if we lose everything in one trade, it can lead to a worse situation for us. Every trader should use stop losses, because without it we can easily go over the limit, and due to which our losses will also go over the limit. So we have to be very careful about the whole thing, as easy as we think it is, in reality it is very risky and difficult. So it should not be taken lightly, a lot of knowledge and skills are needed here, without these it is not possible to succeed, and at the same time many skilled traders face a lot of losses, so it is mandatory to use stop losses to limit the losses here.

[jossiel]

This applies for the leverage traders.

Starting with that amount will get you more with $10 per trade and with high leverage. But if you do that on spot, you're likely to get nothing to be honest.

That's also the logic in trading especially in spot, the higher the capital, the better potential profits.

Now the problem is when people think that the more capital they allocate in one entry paired with high leverage will make them able to get a very large profit. They become ignorant of the risks they will receive. In fact, what should be considered is the loss they will receive as well.

Especially if they do not install a stop los which later allows it to make all the capital they have will run out. This is something that often happens how someone thinks more about profit than the risk of loss which ultimately makes them have to lose all their money in a very short time.

It is for them to find out if they're genius or they're ignorant by doing that. Because what they only see is the possible return.

And they need to understand that if the potential profit/return is quite high, the risk is also high. It reciprocates the risk that it has got.

If they survive those losses with their trades, later on they'll realize that it's better to invest and hold.

[ndutndut]

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.

Losses will be part of our trades and that's why normalize that not every trade is going to win. So, you're right about minimizing the losses.

And doing that is going to show how good you are as a trader when your losses are not that much compared to the others.

I think with investing, you just let it go and do nothing when you're holding Bitcoin. Because it usually recovers and that's why it's a normal thing to be patient.

In both investing and trading overcoming fear is the same continually learning and delving deeper into the assets you're investing in. What I mean is, even if you invest in Bitcoin without in depth knowledge or properly studying its history, fear will always arise and it will influence your emotions making you fearful and so on when the price drops.

So, investing in Bitcoin isn't as simple as you said buy Bitcoin and hold it for the long term. Many factors influence our emotions and I think many people are like this when BTC was $120,000, they could buy without thinking, but now at $68,000 they're overthinking. Because at $120,000, everyone was buying. But at $68,000, the market was quiet and looked gloomy. I mean, it turns out "buy the dip" is easy to say, but difficult to execute without a crowd to validate your decision.

[RockBell]

Simple logic, when we are still afraid then it means we are not prepared with the money we allocate, so it comes down to the money we use. We should make sure that the money we will use is money that is ready and not for other needs. After that, we can minimize the risk by installing stoploss, so that's the money we are ready to lose from the entire total we allocated.

Things like this is very simple you have to have a lot of things ironed out before you start investing because that is what is bringing all this confusion, because before you start have your emergency funds prepared so that there won't be things like this because people don't even know the difference between there investment funds and having emergency funds because there is no way you won't lose money, and let put everything on assumption you are holding and the market is down just like now what will you do. When you have all this things figured out then it becomes easier.

Never use all of our money. In trading, if we have $100 capital for example, then we should divide it for several entries. 10 times for example, so each entry we use $10, and if our trading is not based on gambling, I think from 10 trades not all lead to losses.

This is were knowledge is not scam because when you have the right knowledge you should know that you are not suppose to use all your money to trade and that is why leverage and set limit and all this can reduce the fact that you will not lose money because that is one of the mistakes they make they always, make they don't have knowledge of all this things, it is not advisable to use the entire $100 to trade. There people that will will do things like that they have to stop.

[elzjmirra]

In everything fear is bound to arise when we are not ready to accept the outcome, especially in risky activities such as trading or investing, so it is very simple to say that one of the most effective ways to manage fear is to spend the amount of money that we are ready to lose, just investing with small money and that will not be used for any needs in my opinion is enough.

[Fordsmith]

Only use money you don’t need for the next 3–5 years. This removes the life-or-death pressure from your decisions and makes volatility easier to handle.

It also helps to remind yourself why you bought in the first place. Is it a long-term investment? Has the technology failed? Is the network still running? If your original reasons haven’t changed, then a price drop is mostly just noise.

Don’t let red candles scare you out of a solid long-term plan.

[AGogi2003]

In everything fear is bound to arise when we are not ready to accept the outcome, especially in risky activities such as trading or investing, so it is very simple to say that one of the most effective ways to manage fear is to spend the amount of money that we are ready to lose, just investing with small money and that will not be used for any needs in my opinion is enough.

When you put fear in your mind what you're trying to do investment or business you will always find it difficult to succeed in it. People are scared when investing some are investing money that they can afford to lose but just to get huge profit they will take risk, if you want to minimize your risk invest what you can afford to lose so that even the investment didn't work out you won't feel it deeply.

Bitcoin investment is one of the investment that can minimise your risk when using DCA method because that will give you more peace of mind. Just try and invest and set your target and leave it for long term and you will surely get profit, now that the price or bitcoin is dropping currently people that invest recently there funds will be decreasing by now but surly the price will increase again and you will get back your capital and profit.

[Zigabel]

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.

This is very helpful, don't invest because others are, don't borrow funds to join a volatile investment, don't use your funds kept for bills to invest and do not invest morethan you can satisfactorily loose and not want to harm anyone, and if the investment isn't going in your favour, know exactly when to quit and not risk so much more than you can bear at a time because you most likely will regret it, something you shouldn't be doing

[Razmirraz]

Snip.

This is very helpful, don't invest because others are, don't borrow funds to join a volatile investment, don't use your funds kept for bills to invest and do not invest morethan you can satisfactorily loose and not want to harm anyone, and if the investment isn't going in your favour, know exactly when to quit and not risk so much more than you can bear at a time because you most likely will regret it, something you shouldn't be doing

Some of the points you mentioned need to be remembered by all traders and investors so that they are not easily tempted by other people profits without doing their own analysis. Any action that could invite risk should be avoided, such as investing using borrowed money or money that you cannot afford to lose, the aim of ensuring that trading/investments run according to plan. All steps taken must be carried out wisely and responsibly so as not to endanger personal finances or other people's finances. If you encounter obstacles or the plan does not go according to plan, then it is best to stop and not take too big a risk.

Currently, the price of Bitcoin is experiencing a significant decline after successfully reaching ATH some time ago, this momentum can be used as an opportunity to buy Bitcoin at a low price. If investors have clear investment targets and are not bothered by price fluctuations, they can use an effective DCA strategy to minimize investment risks.

[Dechris_08]

The hardest truth about fear: you don't manage it, you accept it. I've seen through two bear markets, and every single time I thought this is different, Bitcoin might actually die.

The investors who made it weren't fearless, they were just honest about being terrified and bought anyway.

Your checklist is solid, but add this: write down why you're holding before the next crash, because when BTC drops 50%, your brain will invent a thousand reasons to sell.

[liasbaa]

The hardest truth about fear: you don't manage it, you accept it. I've seen through two bear markets, and every single time I thought this is different, Bitcoin might actually die.

The investors who made it weren't fearless, they were just honest about being terrified and bought anyway.

Your checklist is solid, but add this: write down why you're holding before the next crash, because when BTC drops 50%, your brain will invent a thousand reasons to sell.

But your assumptions have been proven wrong in the past and will be proven wrong in the future it's sure. The Bitcoin market crash is not due to fear, it is due to a lack of demand. A group of people are trying to influence the price of Bitcoin by creating liquidity in the market.
There is a lot of discussion about Bitcoin and it has been in the past but gradually it has become a store of value. Let's assume your assumptions are correct but how will you evaluate the position if Bitcoin touches the previous ATH the next moment. Real investors are ready for more crashes later and they are buying Bitcoin regularly.