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Topic: crippling losses (Read 296 times)

legendary
Activity: 2268
Merit: 1655
To the Moon
June 25, 2022, 05:44:04 AM
#35
...If I buy something at 100 bucks, and sell at 200 bucks, why would I call it a loss if it was 50 bucks for a while in between? This is what's going on with them, it is not a loss, they are holding, and they will make a profit from it, hence why it's not a loss. If they end up selling it now, for a loss, that would be a loss and I would totally understand that and would make sense, but they are not selling at all.

If you buy something for $100 and then its price drops to $50, and then another 2 times, will you still consider your position profitable? It is possible that the price will recover in a few years, but you cannot be sure that this will actually happen. It is possible that the same thing will happen to your coin that happened to Luna and you will completely lose your money.
hero member
Activity: 3010
Merit: 794
June 24, 2022, 06:36:59 PM
#34
To be honest, we're in the season where the study of the market and strategy will mostly provide negative results because experience traders are also making a huge loss,

You will have losses only if you bought coins at high for your entire deposit and continue to hold them. This tactic brings profit only in the bull market, but if the market has changed to bearish, be prepared for the fact that every day your deposit will become smaller and smaller.
Still depends on the coin because if the coin that you buy at highs are btc then chances are that this coin can continue to rise but if ever it dumps then just don't panic and continue hodling till it bounce back at a much higher rate.

This tactic actually works better on this season (bear) because the high that we consider right now is not really high as what we call when the market is in bull so there is a big possibility for the value to just increase rather than to go down but in times of a bull the price is already at their highest so they will now start to fall. In a bear situation like this, not all the times the market just declines but there are also days where it recovers.
Bitcoin is the main trend setter which its not really that surprising that any altcoins in the market would really be pulled down on where it would be heading.Therefore, if you have diversified your assets on certain altcoins then if the trend changes from bullish to bearish then you would really be seeing significant changes and differences in between prices which is something really that a standard.
As an investor then the main thing you would be thinking about is whether you do sell in profits even if its less or securing it out or would really be waiting for the dip for you to be able to
accumulate cheaper coins.Losses are inevitable thats why the best thing to be done is to mind off on how to make profits for you on at least patching up those losses somehow.
Outcomes could really be totally different from time to time basing on some factors along the way.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
June 24, 2022, 03:36:42 PM
#33
I believe you don't understand something if the market changed to total bearish, the drop in value of Bitcoin bought at the ATH price still doesn't mean investors which choose to hold are making losses.
Yes, it may sound complicated but people only make losses if invested in Bitcoin and choose to sell at a lost price because the market will always make a new ATH price after halving why not hold till that time before selling.
Technically, if investors choose to hold till next the ATH market is not going to make a loss.
A loss remains a loss, no matter how you interpret it. It is in the "losses" column that this amount is indicated in the report of major holders of MicroStrategy and Tesla, which currently reach $ 1.5 billion and $ 500 million, respectively. Yes, indeed, this loss may eventually change to profit, but no one knows how long it will take. And in general, there is no guarantee that any coin can reach its ATH after correction, and there are a lot of confirmations for this.
A loss is not a loss, this isn't a loss, that's the thing. I mean if you want to call it a loss then go ahead and do that and nobody would stop you, but something that you made a profit from, can't be considered a loss just because it wasn't making you a profit until you did.

If I buy something at 100 bucks, and sell at 200 bucks, why would I call it a loss if it was 50 bucks for a while in between? This is what's going on with them, it is not a loss, they are holding, and they will make a profit from it, hence why it's not a loss. If they end up selling it now, for a loss, that would be a loss and I would totally understand that and would make sense, but they are not selling at all.
legendary
Activity: 2716
Merit: 1383
June 23, 2022, 02:25:57 PM
#32
Even at that, all you mentioned can't absolve anyone of losses. Losing is a part and parcel of trading. It's a business cousin to winning, so to speak.



Loss is gain in trading. It's just that traders don't actually like learning from losses and invariably fail to see the gain in a loss. Whenever you lose in trades, go back to your trading plan and rejig it to know what must've gone wrong. Don't see loss as failure. See it as learning lesson.
I think that a great deal of the crippling losses traders suffer come from the mistaken ideas they have about the markets, they seem to really expect to win all the time and not suffer any losses, and when the do they do not know how to deal with it, if they did so and accepted that losing is part of the price they need to pay in order to win big in this market then they will concentrate a lot more in the process, which is more important as you can do everything right and still lose a trade as the market turns against your prediction almost immediately after you open your position, and this cannot be considered a mistake as you took the best decision available with the information you had at the time, so unless traders can develop such a pragmatic view of the markets they will keep suffering crippling losses from time to time.
hero member
Activity: 2156
Merit: 670
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 22, 2022, 06:24:35 PM
#31
How can crippling losses be avoided?
Here may be from personal experiences:
- Learn and understand optimally before investing or trading
- Prepare ourselves to be ready, in this case, ready of anything: the fund, emotion, management controls.
- Do not use borrowed money to invest
- Only use free money that we can afford to lose
- Define yourself as a trader, short-term investor, or long-term holder. Because this will affect the strategy we use
- Don't get involved with projects that rely solely on hype or FOMO
- If you have already lost, apply a long-term holding mindset
hero member
Activity: 2576
Merit: 586
June 22, 2022, 04:31:01 PM
#30
To be honest, we're in the season where the study of the market and strategy will mostly provide negative results because experience traders are also making a huge loss,

You will have losses only if you bought coins at high for your entire deposit and continue to hold them. This tactic brings profit only in the bull market, but if the market has changed to bearish, be prepared for the fact that every day your deposit will become smaller and smaller.
Still depends on the coin because if the coin that you buy at highs are btc then chances are that this coin can continue to rise but if ever it dumps then just don't panic and continue hodling till it bounce back at a much higher rate.

This tactic actually works better on this season (bear) because the high that we consider right now is not really high as what we call when the market is in bull so there is a big possibility for the value to just increase rather than to go down but in times of a bull the price is already at their highest so they will now start to fall. In a bear situation like this, not all the times the market just declines but there are also days where it recovers.
legendary
Activity: 2268
Merit: 1655
To the Moon
June 22, 2022, 04:30:23 AM
#29
I believe you don't understand something if the market changed to total bearish, the drop in value of Bitcoin bought at the ATH price still doesn't mean investors which choose to hold are making losses.
Yes, it may sound complicated but people only make losses if invested in Bitcoin and choose to sell at a lost price because the market will always make a new ATH price after halving why not hold till that time before selling.
Technically, if investors choose to hold till next the ATH market is not going to make a loss.

A loss remains a loss, no matter how you interpret it. It is in the "losses" column that this amount is indicated in the report of major holders of MicroStrategy and Tesla, which currently reach $ 1.5 billion and $ 500 million, respectively. Yes, indeed, this loss may eventually change to profit, but no one knows how long it will take. And in general, there is no guarantee that any coin can reach its ATH after correction, and there are a lot of confirmations for this.
full member
Activity: 2254
Merit: 188
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 21, 2022, 11:54:52 PM
#28
Quote
Practice makes a man perfect and practice makes a trader better. How you practice is the key here.
You have to keep trying different techniques and strategies with lower amounts and this will improvise your efficiency at trading.
Once you improve enough then the game is just about the quantity. The profits you earn will keep growing then onwards.

I agree with you, because the more you practice what you have learned, the more you understand the best way to achieve what you want at the moment. Now that the price of coins has dropped down, it will be better for you to take the advantage to use amount of money to buy coins and hold to be part of those that will make a huge amount of profits when the bearish market switch to bullish market. Never allow people mistakes to draw you back than to learn from people mistakes to move forward to achieve your goals.
hero member
Activity: 1246
Merit: 534
June 21, 2022, 02:34:40 PM
#27
How can crippling losses be avoided?
Losses can be avoided when you understand the market strategies, to avoid losses you don't need to trade without having the basic knowledge and informations. I will advise you not to trade without making property research and analysis else you will lose all you have.To be on the safer side,  trade with experience, not emotions because emotions will lead you to abnormal losses, and don't forget to trade with an amount you are willing to loose.
legendary
Activity: 1848
Merit: 1982
Payment Gateway Allows Recurring Payments
June 21, 2022, 12:43:49 PM
#26
It is difficult to avoid losses completely in crypto trading, not even the most experienced trader in this field can make all his trades profitable without any loss, but you can reduce losses by managing your capital well, first of all do not risk all your capital But only a part of it, secondly, invest the largest part of the capital dedicated to trading in bitcoin and coins that have proven their presence in the market for a long time, such as ethereum, third: you can risk a small part of your capital dedicated to trading in short and quick deals of some shitcoin or A meme that can make quick profits but don't keep them for long because it has a high risk.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
June 21, 2022, 12:31:41 PM
#25
To be honest, we're in the season where the study of the market and strategy will mostly provide negative results because experience traders are also making a huge loss,

You will have losses only if you bought coins at high for your entire deposit and continue to hold them. This tactic brings profit only in the bull market, but if the market has changed to bearish, be prepared for the fact that every day your deposit will become smaller and smaller.
I believe you don't understand something if the market changed to total bearish, the drop in value of Bitcoin bought at the ATH price still doesn't mean investors which choose to hold are making losses.
Yes, it may sound complicated but people only make losses if invested in Bitcoin and choose to sell at a lost price because the market will always make a new ATH price after halving why not hold till that time before selling.
Technically, if investors choose to hold till next the ATH market is not going to make a loss.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
June 20, 2022, 03:32:12 PM
#24
How can crippling losses be avoided?
Embrace your losses mate and improve on your analysis and trading tools. The truth remains losses are unavoidable but they can be reduced by ensuring you follow the trend.

Look out for good entry points and never be in a hurry to join a trend. You should be able to comfortably answer some technical questions like:
  • Is the trade worth joining
  • How much are you expecting to gain from the trade
  • How much are you willing to lose
  • When to exit the trade
All i listed might not avoid losses completely but it will help checkmate the loss to reduce it to it's minimal
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 20, 2022, 02:40:02 PM
#23
1. Practice with virtual portfolios first for a while
2. Use smaller allocations per trade so you have more runway even if you get consecutive losses
3. Think about your trades really well first before pulling the trigger
4. Don't trade

Pick one.
Even at that, all you mentioned can't absolve anyone of losses. Losing is a part and parcel of trading. It's a business cousin to winning, so to speak.



Loss is gain in trading. It's just that traders don't actually like learning from losses and invariably fail to see the gain in a loss. Whenever you lose in trades, go back to your trading plan and rejig it to know what must've gone wrong. Don't see loss as failure. See it as learning lesson.
legendary
Activity: 2716
Merit: 1383
June 20, 2022, 12:07:31 PM
#22
How can crippling losses be avoided?
Losses are unavoidable but crippling losses are in fact avoidable as long as you have a good money management strategy and you follow the strategy no matter what, however it is not something easy to do, after all if it was in fact easy then we would not see the countless cases of people losing almost everything after just a few months of trading, so I think a good approach would be to trade at first with a demo account, then use 10% of your capital, and if you see that things are going well then you can finally use all your capital to trade.
hero member
Activity: 1246
Merit: 534
June 20, 2022, 11:49:45 AM
#21
How can crippling losses be avoided?

Stop-Loss.

Its extremely handy to save us from huge loss and almost all the exchanges have such feature so you can decide the limit which your asset don't want to go beyond that can be set so the trade will be executed once it reaches that value.
Yes I agree with you on this, this can help to reduce losses in trading at any given time, the feature are there but most traders don't remember to apply it because they see trading as gambling. Once you set your stop-loss in every trade your in,  you won't lose beyond that limit you set and you can start a new trade when you think is going to be favorable to you, so you wanna atop huge losses that all you need to do.
member
Activity: 840
Merit: 23
June 20, 2022, 11:40:50 AM
#20
To avoid crippling losses learn the trend, trade with the trend, avoid joining a trade when the price has moved quite far always target a retracement to place a trade  and lastly trade with fellow traders never analyze the market alone because most times emotions and greed could set in. Learn to make profit in both trends
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
June 20, 2022, 11:04:05 AM
#19
Practice makes a man perfect and practice makes a trader better. How you practice is the key here.
You have to keep trying different techniques and strategies with lower amounts and this will improvise your efficiency at trading.
Once you improve enough then the game is just about the quantity. The profits you earn will keep growing then onwards.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
June 20, 2022, 10:25:22 AM
#18
I would say that averaging your entry points is the only way. That way you are not buying something with all of your money, you are buying it from a situation that ended up with a drop and you got some there too and then some more drop and you got some more hence the price would go down a lot.

This is why I care a lot about the current market, because it means I could make a lot of profit by buying from here, and then I could wait months or even years and then sell it for a high profit. Many people will miss that, they will WISH that they bought it, and I will be counting my profits when they are regretting, so there is nothing wrong with dropping prices, you can wait and not have any losses at all.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 20, 2022, 09:13:28 AM
#17
You will have losses only if you bought coins at high for your entire deposit and continue to hold them. This tactic brings profit only in the bull market,
I would not say for sure. Considering that newbies entering the market is always at the peak of bull market, they end up buying at all time high and dont think of selling at all. They will end up with a huge loss once the market turns over. The buying level should be clear and pre-calculated, doing this in a rush is a worst mistake that one can do to ruin their future cryptocurrency experience.

While there will be people making profit from the bull run even when buying at the top, this number is usually low. Most people will buy at low and then sell at high in the ideal scenario. Of course failing to do so will lead to crippling losses, specially since a lot of users take loans to buy bitcoin.
legendary
Activity: 2268
Merit: 1655
To the Moon
June 20, 2022, 08:12:10 AM
#16
To be honest, we're in the season where the study of the market and strategy will mostly provide negative results because experience traders are also making a huge loss,

You will have losses only if you bought coins at high for your entire deposit and continue to hold them. This tactic brings profit only in the bull market, but if the market has changed to bearish, be prepared for the fact that every day your deposit will become smaller and smaller.
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