How do you deal with loss? - page 13.

poetra2501

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Quote from: Ziskinberg on January 28, 2018, 07:23:16 PM

Quote from: Darmanin on January 28, 2018, 05:56:07 PM

When one breaks off money, it is easier to accept the losses, and especially when one is ready to earn money must be ready to lose

The risk is when you lose but you need to make sure you can effectively manage the risk so in the long run you will still be profitable.
Dealing with loses should be in a professional way, don't be affected too much that your emotion will make you fail in executing your methods and strategies.

We Just move on and learn from our mistake, if you keep on blaming yourself for that loss or you are stuck in loop thoughts of regret, that is not going to get your money back, I think it is always good to move on because if you stay it can't make you learn. So you have to move on from your mistake to profit-making steps. Dont be panic sell.

playboy654

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Quote from: Jericka D Ranillo on February 01, 2018, 09:50:53 AM

Losses is a part of trading but think we can get more and more dont be conquer ourselves by a one mistake. It just a part to be a pro, this losses can be get someday. See the future and forget the past. In short move on

Yes, if you loss in trading your confidence level will go down and it take time to get back from it so be patient while that type of situation nothing will change the tension the only way is to ignore that but in bitcoin trading loses are very less that's why bitcoin will stay strong in all confusions.

gurupauts

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DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY

Quote from: shamzblueworld on April 03, 2017, 08:16:12 AM

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

To be honest it happened to me right now, I bought bitcoin when bitcoin prices were high because I thought bitcoin prices would keep going up, but I was wrong, bitcoin prices kept going down and all I can do now is hold and wait for bitcoin prices to go back up and I learn from my mistake

Jericka D Ranillo

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Losses is a part of trading but think we can get more and more dont be conquer ourselves by a one mistake. It just a part to be a pro, this losses can be get someday. See the future and forget the past. In short move on

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: Nylelyn on February 01, 2018, 09:26:42 AM

Sometimes this can really happen. During the times that theres a need to experience some loss, I really feel upset too. However, I tell my self that I have to make up in my succeeding trades to cover the losses I had. I am more cautios that i should trade and buy top coins that I can trust the movement.

good point,using the losses for motivation to serves as learning from mistakes.so we can avoid more lose in the future,and we must not upset since before we enter this risky trading we know that this is part of our venture..and though we put some precautions still we cant hide from losing.so whenever this situation comes lets just smile,have some coffee and figure out what would be your mistakes

Nylelyn

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Sometimes this can really happen. During the times that theres a need to experience some loss, I really feel upset too. However, I tell my self that I have to make up in my succeeding trades to cover the losses I had. I am more cautios that i should trade and buy top coins that I can trust the movement.

bubble pop

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 AM

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

Well if I loss honestly speaking it hurts. It's like a waste of all of your time and especially the effort that you put in that but thats life. Maybe its hard to accept because money really matters since bitcoin is the source of my income. It will really test your patience and with that I need to be more patience everything takes time if that's not meant for me then it's okay I will patiently waiting for the right timing.

ApocalypseNow

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I always tell my mind that I will never sell because it's one of my common mistake that I always do in the past. I'll be honest that I always panic back then when prices crash but experiences really make me better.

chviadu888

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 AM

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

I would wait and hold my Bitcoins if the loss is not that substantial. But if it is substantial, I would consider making money from different sources of income and get back by buying Bitcoins at a discount.

HalfDeck

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Quote from: Apaxy on January 28, 2018, 05:41:41 PM

Quote from: Bestfriendko on January 28, 2018, 01:34:05 PM

I certainly felt depressed, i cried a river. Due to the fact that my precious altcoins that i kept for sometime hoping for a good return went the other way, the ungainly way. I stared at my computer for a very long time, gazing at nothing. What to do?, what just happened?, what did i do wrong?, i asked myself. I went out to breathe some fresh air. I went for a walk, i need to rethink. I bought ice cream, to cool off my head and that strike me, it was all my fault. I should have done this, i should have done that. Things cleared out and i hurriedly went back to trading and lo and behold, it was a tremendous success.
Sometimes you have to go through that loss before you can come out the other side as a different person, one who has learned from the experience. Thanks to that ice cream.

I once asked a lot of questions about why each trader has in his portfolio a very large number of different coins. Could not you just use three or four or five coins and touch them? But apparently I was convinced that the more projects you have, the less chance to lose your money. Therefore, do not focus only on one indicator.

But, can you manage your capital in many coins? You need to have much times to manage and check the price of your coins everyday if you are a day trader. For a long term or mid term investor, 10-20 coins in the porfolio is normal, but for the day trader, it is really a difficult challenge Grin

.

Ziskinberg

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Quote from: Darmanin on January 28, 2018, 05:56:07 PM

When one breaks off money, it is easier to accept the losses, and especially when one is ready to earn money must be ready to lose

The risk is when you lose but you need to make sure you can effectively manage the risk so in the long run you will still be profitable.
Dealing with loses should be in a professional way, don't be affected too much that your emotion will make you fail in executing your methods and strategies.

rxthree

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vesides if we let our emotions drive us, it will just lead us into a bad decision and if we made a bad decision it might ruined our business because thinking wisely is a big strategy in this business. If you cannot handle your loss you might get crazy and get bankrupt in this industry. Always remember that we always learned from our mistakes.

namor

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Stress, a lot of stress.
Like in joke you know:

On an interview with the white-haired old cryptocurrency holder:
- How are you?
- I am 21 years old and I am fine! Grin

Darmanin

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Glab Trotter

When one breaks off money, it is easier to accept the losses, and especially when one is ready to earn money must be ready to lose

Apaxy

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Quote from: Bestfriendko on January 28, 2018, 01:34:05 PM

I certainly felt depressed, i cried a river. Due to the fact that my precious altcoins that i kept for sometime hoping for a good return went the other way, the ungainly way. I stared at my computer for a very long time, gazing at nothing. What to do?, what just happened?, what did i do wrong?, i asked myself. I went out to breathe some fresh air. I went for a walk, i need to rethink. I bought ice cream, to cool off my head and that strike me, it was all my fault. I should have done this, i should have done that. Things cleared out and i hurriedly went back to trading and lo and behold, it was a tremendous success.
Sometimes you have to go through that loss before you can come out the other side as a different person, one who has learned from the experience. Thanks to that ice cream.

I once asked a lot of questions about why each trader has in his portfolio a very large number of different coins. Could not you just use three or four or five coins and touch them? But apparently I was convinced that the more projects you have, the less chance to lose your money. Therefore, do not focus only on one indicator.

Froloff92

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Its natural to lose sometimes, its sad but its okay, nothing to get depressed of. Let's just keep in mind that losing once doesn't end the game, we must live our live and fight as best as we can.

CityHunter99

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I will average the price, for example I buy SC (SiaCoin) at $ 004, the price down to $0.03 or $0.025 I will buy more and then the price up I will sell, I will break even. This is my idea. Cheesy

Bestfriendko

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I certainly felt depressed, i cried a river. Due to the fact that my precious altcoins that i kept for sometime hoping for a good return went the other way, the ungainly way. I stared at my computer for a very long time, gazing at nothing. What to do?, what just happened?, what did i do wrong?, i asked myself. I went out to breathe some fresh air. I went for a walk, i need to rethink. I bought ice cream, to cool off my head and that strike me, it was all my fault. I should have done this, i should have done that. Things cleared out and i hurriedly went back to trading and lo and behold, it was a tremendous success.
Sometimes you have to go through that loss before you can come out the other side as a different person, one who has learned from the experience. Thanks to that ice cream.

timbrunn

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Quote from: sunsilk on April 04, 2017, 01:25:47 AM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 AM

How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

I'm keeping myself calm all the time because if with the given situation, I don't have choice but to keep on waiting for the price pump.

I don't want to deal with it seriously but when the amount involved is too high, I will find a remedy which is by keep on waiting.

The only way to stay relaxed is to constantly sell increments of your holding into strength. You might discover at a later point in time that you've sold too early but better making less profit than making a loss. To keep your emotional balance is one of the key factors in successful trading. As long as you do proper risk management by selling into strength you'll be fine.

ThorWin

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 AM

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

I think when the altcoin price drops, no one can be assured of waiting; I think you and I both have the same thoughts. For your peace of mind in the bitcoin business, I think you should not use all the capital you have to invest in bitcoin. Distribute your capital into various business areas. Do not put eggs in the same basket. This is the best saying in business. If you invest in more places, the risk will decrease, if the altcoin price drops, you will profit from other business. So you will rest assured that altcoin prices will increase again, without fear of losing all capital.

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