Post
Topic
Board Trading Discussion
Re: How to overcome the fear of holding?
by
Mr.Anonymous
on 05/04/2018, 16:38:44 UTC
In this volatile and young market, it is very important to learn how this technology works. Holding may be good but when it's over I think it's no longer better. Sometimes we need to face our fears and be patience or us to grow. But don't forget to set a limit and be strategic.
You are absolutely right, when the market is not normal, it is very difficult to read the movement, faced with two choices, hold or cut loss?
crypto market is always abnormal because all cryptos are volatile and that is the reason why you cant possibly read their movements. we should always learn how to decide and accept our descisions because investing or hodling requires more of it.  We need to face those fears in order to overcome them.  you should not also regret whenever you loose and shouldnt be afraid to loose because loosing is definetly normal and it also happen to all of us , not only in you.
The loss usually happen for the investor. On the trading journey, you can not evade the loss, because without loss, you can not become the professional trader and improve your spirit. Some traders wish they have more losses to know which thing they should do and solution to solve the loss. A trader never know the loss will lose all money someday.