Giving up before fighting is caused by doubts that arise from not knowing what will happen when facing new challenges. Mental strength is essential and supported by realistic expectations, hearing advice or encouragement from more experienced friends can illuminate your journey. There are many users here who can be mentors to make it easier for you to get encouragement to keep moving forward, try to suppress negative emotions and hone your skills to achieve success in Bitcoin investment.

FUD is something newbies feel whenever the market move in a funny direction, I’m surprised op started investing for so long and choose to let FUD distract his main focus. I actually believe in continuous practice and learning like if engaging always will build your thought about bitcoin, we all don’t know the right time except for an investor who is desperate about bitcoin market meanwhile investors should set a target so they know what they want. Quitting will only make things look worse because I have seen many in regret due to lack of bitcoin knowledge, hold bitcoin instead of quitting and I can’t imagine such, investors holding till date know what they’re doing except you’ve reached the desired target not the case of FUD.

I had a good opportunity to own bitcoins in the first years of its existence, but I, as the OP writes, the towel., believing that bitcoin was worse than the money I was paid. Later, I also lost patience several times as a newbie and saw these "roller coasters" of rise and fall in prices. But yes, the forum can cultivate patience and teach us to have strong hands. Today, there is enough information about bitcoin so that newcomers coming to it from the first days have good faith and regularly invest in it, without losing hope for the growth of their funds in the future.

I think majority here whenever they talk about cryptocurrency investment they limit it to only bitcoin alone and not the other Altcoins. So even if you wish to invest into cryptocurrency (bitcoin only) I still don’t see it as a wise decision to actually go all in and invest all you have on it, this is not actually doubting that bitcoin wouldn’t do well in the future but it is a volatile asset amidst all its numerous advantages and as such to be safe from Situations like the throwing in the towel one needs to actually just diversify to other assets and then invest the other half portfolio into bitcoin this way you don’t get to panic in periods of fud and stuffs like that


It will be bad not to credit most of the posts from this forum on how they try to actually rally on up that this are fuds and bitcoin will bounce back, I can categorically tell you that some members here grew patience with bitcoin sideway movement and kept on holding due to the nice encouragement some earlier adopters share here, i believe without such many newbies might have panicked and sold at loss

If anyone has been holding bitcoin until now then I don't think that they will be selling anytime soon.
In fact, now is the time to HODL stronger since we are near to ATH and can see a new ATH price soon.
The resistance is strong though but since we have been testing this range for quite some time now, I think we will be hitting new highs soon.

Never.  As a financial professional throwing in the towel on "investments' that you believe in tends to be one of the worst decisions that one could actually make.  Keep in mind that you technically don't "lose" anything until you sell ( or gain for that matter).  Until then it's considered an unrealized gain or unrealized loss.  You still maintain the same number of shares ( or coins, in this case ) and although the dollar value may be down, when it comes back up , since you didn't sell, you'll have the opp to grow right back with it.  otherwise trying to time the "market" is mostly futile.

I personally don't feel that I will give up with conditions like this, even though it sounds like someone who is naive but in this case I think my choice and my belief remains the same for bitcoin so why give up halfway before my goal can actually be achieved in bitcoin.

I've been in worse situations than this when bitcoin went through a crazier decline and I still survived so a correction like this certainly won't make myself waver just because of a slightly declining price problem which is normal because indeed one of the characteristics and uniqueness of bitcoin comes from the volatility that occurs.
We have felt deeper than this and still survive so when a correction that is only not much makes us soft it will certainly be very funny especially with the actual movement of bitcoin which is still very positive.

having the right set of people around you is quite important and essential for our Bitcoin investment journey, and also being able to identify any negative folk around you and making efforts to stay away from such fork's is very important for your mental well being and peace of mind because when it comes to Bitcoin investment, you need all the motivations that you can get and any form of funds and negative experience sharing can kill that motivation around you, so for sure we have to keep that in mind all the time since is very essential for our growth.

Bitcoin price could be very stressing if you keep looking at it all the time and for that you have to buy in the Time and only check when you need to sell some of your Bitcoin and not checking the price every minute or days, because that can burn out your motivations, majority of the time that we come across some bad experience, there are all originated from various fuds and crisis that are individually ignited and that doesn't fit in all the time and there is need to work on that state of things if we really want to make progress at all time.

Wanting to give up is in the nature of the hodler. The secret is to master the control of that feeling.
That's how it is for me, anyway. All of a sudden, you are not looking at the charts so often anymore and your Bitcoins keep growing in value.
You guys might have a different idea of it but the principle stays the same. I sometimes really have the feeling that I need to day-trade/gamble/whatever, then I at least leave the hodl pile alone.

I've got a hold of myself not looking at charts or prices at all, and even when I saw +15-20% on my BTC or an alt, I still didn't want to get rid of it to get the profits. Because I know what's to come.