How can I handle fear in cryptocurrency trading?

[Rezort 846]

In my experience, in almost every sphere of our lives we have a strong fear when starting something, and it is absolutely normal because you just need to start with fear and with time it will disappear.

[Virgil dijk 1431]

Well investing in crypto you have to be courageous which means you have to do away with fear and emotions, because those two things can make you take the wrong decisions in crypto , so all you need to do is to make sure you know much about the coin you are investing on and also make sure it's actually in a good point of Investing, which is invest when price is low and have confidence.

[teminalibug 309]

Just now, Ñîll Kæbbø said:

Think more about profit and be positive. Fear of losing can be avoided by analyzing prices and only buy a coin at the lowest possible price. Bear in mind that crypto market is not a steady market and it is always in fluctuation. So, even if the price goes lower than the price you bought, it will not stay there and will go up sooner or later

Sometimes looking at the lowest prices possible may make you lose many opportunities, unless you are sure that the lowest price possible has not yet met.

[pablomarwan 3082]

It is normal, I mean, to overcome this ordeal, in order to start disturbing yourself in the first place and start doing deals in a different account by the number of losses that you accept, your psychological strength will increase and the number of losses will decrease, of course, if you learn from your mistakes and this is the best solution to remove those fears, doubts and determination. That will make you dear

[Mohssine 1725]

Yes this happened to all of us , but i think if you feel you have a good knowledge about trading , and you learn from an experience of some people , i think you have to join and start working , but i advice you to start with a small amount , jut for learn and get experience , and than you can joining with a good budget.

[MrGeany 297]

i think you have a fair because you are afraid of losing all your money. well you have to device yuor money into section which may be banks, money that you cand use, money for trading, money for eating and things like that. and ater it you will come aout the amount of money you will be able to trade and i  you lose them you wont be bankroll. so i think that is the only choice. cause no matter how experienced you are there are bad days sometimes. when you can lose all your bets.

[Kamila 291]

On 12/9/2019 at 10:40 PM, Delgboke said:

Fear and doubt has been the challenge of many people that are into cryptocurrency what do you think is the solution of handling fear and doubt in cryptocurrency trading? 

YouTube helps me, very often I am afraid to trade because of the unclear situation in the market , but after I watch 1-2 calm videos, I stop being fear to trade. 

[Zalaks007 543]

I think we cannot handle fear just by telling ourselves that am not afraid but what you need to do is rather be patient when trading, avoid checking your phone regularly and be less greedy when investing. 

[BTC Future 3946]

On 5/10/2020 at 2:45 PM, MrGeany said:

i think you have a fair because you are afraid of losing all your money. well you have to device yuor money into section which may be banks, money that you cand use, money for trading, money for eating and things like that. and ater it you will come aout the amount of money you will be able to trade and i  you lose them you wont be bankroll. so i think that is the only choice. cause no matter how experienced you are there are bad days sometimes. when you can lose all your bets.

Indeed. This is correct risk management. You can't just put all your money in a single market. You also can't invest everything you have and not have any cash to pay for bills, daily needs etc. There is proper money management involved and we can only invest as much as we are willing to lose.

[Omar Ommeish 4872]

My friend, fear is normal and to overcome it you must be confident in yourself to succeed in the deals that you will enter into.

[Whited35 15285]

Extreme fear and doubts might mislead us sometime in the cryptocurrency  markets so the best trick to to minimize fear and doubts is , never believe in any sort of media hypes. Always try to perform own research first before taking any steps in the cryptocurrency world. 

[Soaib khan 1035]

On 2/13/2020 at 5:24 PM, Pran TO said:

So just begin to trade and you will be more powerful than your fear. Even though all traders still feel the fear they have learned to handle it

I am fully agree with you fear is very common in cryptocurrency trading or any other market trading because it has two side up and down if we do long then price should go up but unfortunately it goes down 

[BitcryptoHan 2557]

 

30 minutes ago, Soaib khan said:

I am fully agree with you fear is very common in cryptocurrency trading or any other market trading because it has two side up and down if we do long then price should go up but unfortunately it goes down 

Bit fear is common to people that does not know how to trade, if someone is losing, he will fear and if the loss continue, he will be confused to close the trade or not and if the loss continue, it will lead to depression. But good trades knows how to manage to loss to be less than profit

[danydany 1]

If you are fearful of losing or can't handle a loss, then you should either look for alternatives to earn cryptos. The thing is you do not know what takes places behind the scenes. I'm sure you've heard the saying 'the house always wins'. Mostly importantly, if this sort of thing (trading) messes with your mental health then you need to abandon it for good. Yes, everyone is trying to make their lives better, but at the same time they shouldn't lose themselves in the process. 😊

[CryptoLover21 0]

Always do meditation in the morning and drink enough water which will bring positivity in you and you can handle all your fear and doubt. Rather than thinking of losing you should think about the gain.

[Iriswolfgang 200]

On 12/10/2019 at 3:40 AM, Delgboke said:

Fear and doubt has been the challenge of many people that are into cryptocurrency what do you think is the solution of handling fear and doubt in cryptocurrency trading? 

You need to stay confident in cryptocurrency in order for you to reassure yourself that you don't need to  anything here in cryptocurrency and you must trust yourself and avoid investing in scam projects here because you can lose your money there and not be able to recover

[Tine0313 3053]

Well if we want to make more earning in Cryptocurrency, we should take a high risk to do that, but if we risk something, we should accept the fact that we may lose what we risked for along the way. I think it is a big help for those who trade. Also we should learn more things about movement of Cryptocurrency.

[Tine0313 3053]

15 minutes ago, Imran01234 said:

There will be fear and doubt in the cryptocurrensy business.  Because cryptocurrency is a volatile currency that can rise or fall.  So we have to work with our fears and doubts in mind and those who can overcome them will succeed

I agree with you mate. We can be ever more succeed when we can overcome the fear of losing our money in trading. Well mate those who are successful in crypto world was once of those who fall many times in trading but they always keep going until they succeed.

[iloveyobit 6599]

Capital plays a big role in controlling fear and feelings in general. If you enter with small capital, you will see that you are doing well and are never afraid of the market and vice versa.

[koussai999 1986]

There is nothing to be afraid of. There are thousands of people that deal in cryptocurrencies without any problems and conduct large transactions and giant sums of money. I think we should be civilized and accept the big changes that happen in our world.

[Moaz 7239]

I do not think that there is a solution to dealing with fear in cryptocurrency trading, there is always some anxiety and doubt when you start trading, but you can reduce this fear if you have a good knowledge of cryptocurrencies, and I advise you if you are a beginner in trading to start with a small amount you can endure his loss

[guatazoo 7150]

On 6/23/2020 at 4:40 PM, iloveyobit said:

Capital plays a big role in controlling fear and feelings in general. If you enter with small capital, you will see that you are doing well and are never afraid of the market and vice versa.

Fear must be included for any newbies, no matter you start with big capital or small capital, so all the thing you should do to avoid fear is experience before started to the market. 

[TimopheyKa 3900]

I think you should understand the fact that if you don't start, you won't get anything! You need to learn from your mistakes, and then everything will be fine in your life ))

[Tunuu 2235]

Just believe in yourself, that will help you to reduce fear so that you can do everything with full of confidence. Fear its not good because sometimes it can make you to lose many things.

[Shayon360 45]

I have some fear too when trading and it's really hard to remove that feeling but i can minimize by confident with my skill.  but I think Crypto trading can be scary but if you let that discourage you, you won't be able to reap the benefits of crypto.