Topic: Enter the market with a loss mindset~what you can afford to lose (Read 1200 times)
September 11, 2022, 01:09:43 AM
Knowing your trading strength can as well help a lot to control how much losses one can get while trading. Moving with an open mind will be better than moving with a loss mindset. Most times entering a trade with the mind of losing can kill ones confidence in what ever strategy they use against the market no matter how reliable it can be
September 09, 2022, 04:14:30 PM
People don’t have the mindset of losing money when it comes to cryptocurrency trading, cryptocurrency is bought profit and lost, if you a making profit you should also be expecting lose because you can’t just be making profit and lost will come in, the best is just that you should always control your lost, let your profit be more than lost.
That is what trading looks like and we can't be all the time profiting knowing the fact that not all the time we make a good decision and not all the time market gives us a favor. Trading is found risky because even though you have knowledge and skills but this won't guarantee safety for us as losses can really be possible no matter what we do. Some traders take their capital as a safety move while keeping rolling the profit. 
September 11, 2022, 04:58:45 AM
Crypto market is always considered to be a risky market. While there is a huge profit to be made in case of investment, there is always a risk of losing all your capital. Because it is a market that fluctuates all the time. The market may dump or a project in which you have invested may fail. Global news may influence. So enter the market with the intention that you may lose. And Always invest the same capital in the market whose loss will not affect your daily life. Invest your capital which is more than you need.You come to the market with the intention of losing your capital that you will not need in a difficult situation۔You can only afford to lose money that is more than you need۔
I would say that if you are investing into bitcoin or ethereum then this shouldn't really be true, at least I do not believe that it is true. If you are investing into those then there is a good chance that you could make the money back and profit from it, on the other hand if you are investing into some small cap coin then there is a chance you could lose.Even some top 10 coins could drop because if you check the past top 10s then you will see that btc and eth are the only ones that stayed, and now bnb is staying as well but all others changed constantly. Stablecoins stay too, but they are not crypto, the price is always the same, so they do not count.
September 10, 2022, 06:56:54 PM
We'll just treat our funds as "dead money" once we've decided to buy, hold or trade them. I already have this kind of mentality in which really don't mind about my losses, especially that I am doing DCA with Bitcoin since May 2022. I'll just keep buying BTC with my extra "not beer" money every month to accumulate my wealth overtime.
Preparing for the big rain of course, especially the next halving period.
Preparing for the big rain of course, especially the next halving period.
September 10, 2022, 06:01:14 PM
You must have financial literacy and market knowledge in order to enter the market with the fewest possible losses. I suggest reading books to learn more about it. There are numerous top-notch websites like Medium where articles on it can be found. For me, this application is the most ambitious of the rest. I chose to buy dynasets as a wager that this initiative would be a success. I sincerely hope that this will turn out to be the best choice for me in the long run. Has anyone received any updates on this?
September 10, 2022, 01:09:56 PM
Crypto market is always considered to be a risky market. While there is a huge profit to be made in case of investment, there is always a risk of losing all your capital. Because it is a market that fluctuates all the time. The market may dump or a project in which you have invested may fail. Global news may influence. So enter the market with the intention that you may lose. And Always invest the same capital in the market whose loss will not affect your daily life. Invest your capital which is more than you need.You come to the market with the intention of losing your capital that you will not need in a difficult situation۔You can only afford to lose money that is more than you need۔
I would say that if you are investing into bitcoin or ethereum then this shouldn't really be true, at least I do not believe that it is true. If you are investing into those then there is a good chance that you could make the money back and profit from it, on the other hand if you are investing into some small cap coin then there is a chance you could lose.Even some top 10 coins could drop because if you check the past top 10s then you will see that btc and eth are the only ones that stayed, and now bnb is staying as well but all others changed constantly. Stablecoins stay too, but they are not crypto, the price is always the same, so they do not count.
September 09, 2022, 03:34:13 PM
People don’t have the mindset of losing money when it comes to cryptocurrency trading, cryptocurrency is bought profit and lost, if you a making profit you should also be expecting lose because you can’t just be making profit and lost will come in, the best is just that you should always control your lost, let your profit be more than lost.
September 09, 2022, 03:16:22 PM
When you see insane predictions, it's usually time to sell. Yes, greed does blind us often despite same pattern repeating.
This!You should really know and make yourself that aware and prepared on whatever market sentiments that we do face.Yes, if predictions and speculations turns out to be hyper bullish.
Then this do really indicates about being too greedy of the market which means that when everyone turns out to be greedy then its really a solid sign
that we should sell off our bags and you do the opposite thing whenever the market is really on deep fear then this is a solid sign that you should
really buy.
September 09, 2022, 07:54:53 AM
Crypto market is always considered to be a risky market. While there is a huge profit to be made in case of investment, there is always a risk of losing all your capital. Because it is a market that fluctuates all the time. The market may dump or a project in which you have invested may fail. Global news may influence. So enter the market with the intention that you may lose. And Always invest the same capital in the market whose loss will not affect your daily life. Invest your capital which is more than you need.You come to the market with the intention of losing your capital that you will not need in a difficult situation۔You can only afford to lose money that is more than you need۔
September 08, 2022, 10:08:48 PM
When you see insane predictions, it's usually time to sell. Yes, greed does blind us often despite same pattern repeating.
September 07, 2022, 11:12:55 PM
This is actually the best time to accumulate. If you aren't into trading and you prefer long-term investment, don't expect profit for now. Some coins would be profitable in the long run since we're still in the bear season. Have patience and as much as possible, don't get tempted to sell if you're holding a potential coin.
Long term investment are good and profitable but not for daily traders or traders that are not patient enough. Crypto is the general word for patience, it deals and take much time if you're expecting good stipends. Selling coins that are dumping is the proper thing to do, and bagging more potential coins especially when it's in dip, before one know it, portfolio have already been in rapid increase. For me, I'm keeping BNB for long term purpose, although I have both in Spot and Futures. Spot is for long term while the future is for daily longing and shorting of it inother to gain profits from the market. 
September 06, 2022, 11:49:36 AM
Every cryptocurrency coin is built-in tendency to loose value over time, so purchasers and buyers should be aware of this and should accept this. It demands to have faith that regardless of how the prices changes, you will always works patiently and never rely on your feelings. A person cannot gain profit once they have a loss on their mind since they need to let go of the loss in order to win.
August 29, 2022, 10:40:16 AM
Expect what you expect but always be optimistic.
Don't get emotional over something that time is coming to an end
Don't be too greedy, take out what we play for a cycle, and we will win well.
And the bear market is good for me, I have so much time to accumulate when it is low,
and I only wait a fair period to exit or spend when the price is high again.
I think one should make it rule of ones life - less expectation - less problems. Don't get emotional over something that time is coming to an end
Don't be too greedy, take out what we play for a cycle, and we will win well.
And the bear market is good for me, I have so much time to accumulate when it is low,
and I only wait a fair period to exit or spend when the price is high again.
When we expect more and loss then we are actually hurt. So better keep all the options open and think of loss too. You will be happy if it is otherwise but you won't be sad if you loss because you already have had that in your mind.
it is good to enter with readiness in case we experience a loss. it means psychologically ready to lose money put into the market. but I doubt many traders think like that. but in the long term, investors will of course have different thoughts.
August 28, 2022, 07:03:04 AM
Expect what you expect but always be optimistic.
Don't get emotional over something that time is coming to an end
Don't be too greedy, take out what we play for a cycle, and we will win well.
And the bear market is good for me, I have so much time to accumulate when it is low,
and I only wait a fair period to exit or spend when the price is high again.
Don't get emotional over something that time is coming to an end
Don't be too greedy, take out what we play for a cycle, and we will win well.
And the bear market is good for me, I have so much time to accumulate when it is low,
and I only wait a fair period to exit or spend when the price is high again.
August 28, 2022, 01:40:09 AM
Those who remember their losses sometime become the cause of their further loss, so it is recommended that if you fail to get cash while trading certain coin then try to forget it and work hard for next step.
This is a very good trading advise. If we keep crying over what we have lost in trading or in life then we can't be strong to fight for another opportunity to come. Like they always say it doesn't matter how many times we fall but what matters is our ability to rise again and this is very important to trade also. If we lose a trade that doesn't mean we are going to lose always and then we give up, no is not the idea of trading. We can try next trade but not in a haste to chasing to regain what we have lost.
August 22, 2022, 06:34:41 PM
If you are trying to do trading then it is necessary to set your mind and keep in mind that what will be possible, there is success but has also possesses defeat because volatility is on peak. Your reactions will always be dependable on your thoughts and you should focus on what you desire. Those who remember their losses sometime become the cause of their further loss, so it is recommended that if you fail to get cash while trading certain coin then try to forget it and work hard for next step.
Always have a losing mindset which is true. Because when the focus is profit and if we weren't able to make it, then it hurts. Along with this mentality it is suggested to have an alternate plan on trading. This will help in reducing the loss. As said, if you weren't able to make revenue out of particular coin, then take a break. It is good to have patience, at times the outcome will be good if we move on to the next crypto. 
August 22, 2022, 05:57:08 PM
If you are trying to do trading then it is necessary to set your mind and keep in mind that what will be possible, there is success but has also possesses defeat because volatility is on peak. Your reactions will always be dependable on your thoughts and you should focus on what you desire. Those who remember their losses sometime become the cause of their further loss, so it is recommended that if you fail to get cash while trading certain coin then try to forget it and work hard for next step.
You should really be that versatile.Period! On this market you would really be experiencing different sort of things which does mean that you would need to adjust depending on the situation or scenario where you should really act
and able to avoid since you've been aware on whats this and whats that.
Dont mind yourself on making perfect or profitable trades most of the time because it would really be just making you on being perfectionist and once
the reality would slap into your face then this is where frustration and discouragement would begin.
August 22, 2022, 11:14:28 AM
If you are trying to do trading then it is necessary to set your mind and keep in mind that what will be possible, there is success but has also possesses defeat because volatility is on peak. Your reactions will always be dependable on your thoughts and you should focus on what you desire. Those who remember their losses sometime become the cause of their further loss, so it is recommended that if you fail to get cash while trading certain coin then try to forget it and work hard for next step.
August 19, 2022, 11:55:11 PM
I am not sure if people have some extra money and they put them in to the block of money to loose ...
i cannot afford to loose a single penny - however I have been robbed and snatched many times but yet I never had an extra money
Nobody has extra money because the phrase itself is wrong. The point is that people allocate a fraction of their entire income toward risky investments while the rest is kept safe on savings. i cannot afford to loose a single penny - however I have been robbed and snatched many times but yet I never had an extra money
Being able to lose that money is what drives their investing attitude. It is something they can afford to lose. However you might not be in a similar situation but investing in Bitcoin is pretty safe if done at proper researched low prices.
Sorry to hear that to have been robbed a few times, can only advise you to stay safe.
August 08, 2022, 04:52:27 PM
To have minimal losses when entering the market, you need to understand the market and financial literacy. I recommend you to read more about it in books. There are also many excellent sites like medium where there are articles about it. By the way, I recently found information about SingularityDAO there. This application is for me the most ambitious of the majority. I made a bet that this would be a successful project and decided to invest in dynasets. I really hope that this will be the right decision for me in the future. Has anyone heard anything about this?
Not really, but it sounds very interesting, however I second what you say, I particularly had bad experiences when I started trading, the truth is I didn't know anything about anything, and I started watching youtubers and paying attention to technical analysis and what I did was lose money, but later I studied a lot the books on market speculators and they helped me a lot, and one of the things that I value a lot and that I always look for a way to see is that through the volume you can read everything of the chart.I think I am at the brink - where there is nothing to lose at all. The inflation is eating me up like crazy
In the face of inflation, what must be done quickly is food and save, because that is what must be guaranteed, then try to buy things that people do not look for, because later they will and they can be sold at a price where they guarantee that of a profit, and if they have some money, the best thing in my case and as personal advice is to pour that money in BTC, but be careful, place that money in BTC and make that money get lost or spent little until BTC don't go up enough don't get rid of that money until you have enough money in profits, that's a way to be able to survive inflation and obviously generating businesses that make money fast.
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