bald, balled, bawled

Bald or bald means having no hair, or having no hair on one's head--
He started to go bald at a very young age.
He wears his hair that way to hide his bald spot.
Bald may describe something that looks like it is missing hair or covering on the top--
The bald eagle is a symbol of the United States of America.

Balled or balled ( rhymes with bald ) is the past tense ( yesterday, or some time ago ) of "ball", meaning to crumple up into a round shape--
I found your homework balled up and thrown on the floor.
Make sure to fold your clothes; they'll be a mess if you leave them balled up that way.
The baby balled up his fist and stuck it in his mouth.

Bawled or bawled ( rhymes with bald ) is the past tense of "bawl", meaning to cry loudly--
The baby bawled when his brother took the toy away from him.
The baby bawled so loudly that the neighbors wondered what was wrong.
Bawled is also the past tense of "bawl", used in the phrase "bawl out" to mean chastise or rebuke--
The boss bawled them out for being late.

Now that you know that, you can say--
"He balled up his fists and  bawled like a baby when he realized that he was going bald."