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Topic: How do you deal with loss? - page 19. (Read 52285 times)

full member
Activity: 378
Merit: 100
January 07, 2018, 09:29:43 PM
I can't accept loss and I have to make my profit every time when I trade. This is my motto. When I made loss, I instantly jump into another altcoin to cure my loss. Sometimes I make loss in a row because of this behaviour.
Hahahah! I would advice to stay focus and never take your loses serious or else u will become so depress.
full member
Activity: 378
Merit: 100
January 07, 2018, 09:27:32 PM
Hi
You can't avoid losses. Fortunately usually you can quickly offset losses with profit. Also you can also invest small amounts and hodl forever until it goes back to profit. Hopefully global profit will offset losses.
It's important sometimes to take our loss unless waiting for ever. But in this world anything can happen, then....!
Yes anything can happen but not to fold our hands. Unless we work on our losses then we can profit
full member
Activity: 378
Merit: 100
January 07, 2018, 09:26:08 PM
How to deal with loss is kinda having it in mind that it was meant to happen but not relent. You need to start working on another project and not to think of your loss but to move ahead with new plans.
sr. member
Activity: 296
Merit: 250
January 07, 2018, 08:49:26 PM
Hi
You can't avoid losses. Fortunately usually you can quickly offset losses with profit. Also you can also invest small amounts and hodl forever until it goes back to profit. Hopefully global profit will offset losses.
It's important sometimes to take our loss unless waiting for ever. But in this world anything can happen, then....!
member
Activity: 126
Merit: 10
Patience and knowledge are gold.
January 07, 2018, 08:27:39 PM
Well basicaly i try to get over it by learning from my lose getting some lessons. What i did wrong and how i could avoid that lose. I think you should try that out. Reduce the loses
newbie
Activity: 46
Merit: 0
January 07, 2018, 06:58:50 PM
Suck it up and move on.  There is always going to be dips and losses.  As long as your gains outweigh your losses in the long run by 3X, I call that a success.  Nobody goes through life always winning unless your CSheen.
hero member
Activity: 3080
Merit: 603
January 07, 2018, 06:55:54 PM
I move on and then look for another coin to trade to cover up the loss I made or sometimes I wait for it to bounce back specially if I am using big capital because I don't want to sell if I think the loss is big.
It's better to move on when you are trading and when you experienced some loss. This is what I do, accept the fact that I have lost with my trades and that will be a lesson for me. And when I recovered from that feeling, I'm starting to learn from my mistake and I don't take it as a loss but as a lesson already. Don't chase your past so that we can move forward, look for a better vision and correct that mistake and loss.
member
Activity: 98
Merit: 10
January 07, 2018, 06:43:44 PM
I can't accept loss and I have to make my profit every time when I trade. This is my motto. When I made loss, I instantly jump into another altcoin to cure my loss. Sometimes I make loss in a row because of this behaviour.
full member
Activity: 238
Merit: 100
January 07, 2018, 06:35:41 PM
I just accept every loss that my portfolio suffers, because in the end the loss was my own fault. I try to learn from my losses so they wont repeat themselves. One thing I learned from losses in crypto is not to fall in love with the coins that you hold. Set entries and exit points and stick to them.
member
Activity: 186
Merit: 10
January 07, 2018, 05:52:52 PM
You can cry a little, just to eliberate your bad emotion (I'm not kidding... to fake self control is very bad for health)
Then, you can take again the control, evaluate the situation and decide how to move on.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
January 07, 2018, 11:48:15 AM
Loss is part of the game, so any regret is useless. Of course, this is simple in theory; in practic, can be hard.
It helps to view cryptocurrency just as points in a game, not as money.
full member
Activity: 134
Merit: 100
Decentralized Ascending Auctions on Blockchain
January 07, 2018, 11:28:30 AM
losing money will teach you some lessons and make you more expericend in trading, but keep styding from that and learn how to get money back
full member
Activity: 658
Merit: 103
January 07, 2018, 10:04:34 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?

As long as you dont lose hope keep moving forward let the past be the lesson and keep in mind that the same mistakes wont happen again. Learn to accept whats ahead deal with it with a calm mind
full member
Activity: 1048
Merit: 101
January 07, 2018, 09:15:28 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 will hold it, at least when I sell I do not lose much, but if I hold it is bitcoin, then I will continue to hold it, I think bitcoin will continue to grow every day.
newbie
Activity: 55
Merit: 0
January 07, 2018, 08:21:35 AM
If I loss, I will panic, and sell this coin
Hmm. .just kidding
If the price of this coin isnt increase about 2 days
I will close this chart and spend some entertainment
And I will open higher sell order book and enjoy your holiday
full member
Activity: 210
Merit: 100
January 07, 2018, 08:08:41 AM
I deal with loss by just sleeping, it sounds lazy but that is what I always do when I get some losses from my trade or investment. I just sleep after seeing a loss and after a wake up then my mind is refresh and all set to the default mindset and that is how I deal with every losses and it is effective to get my mindset back to default.
full member
Activity: 182
Merit: 100
January 07, 2018, 07:46:29 AM
Trading is like a gamble you win some,you lose some and you will lose more if you let your emotion take over because
when emotions take over you become impatience and reckless so you do things you think was right at the moment but is the other way.
Remember it's part of the game,if you're losing your investment on a particular altcoins just take it easy,stop and charge it to experience.
Study what went wrong and make the necessary adjustment on your next investment.

member
Activity: 154
Merit: 10
January 07, 2018, 07:17:27 AM
I move on and then look for another coin to trade to cover up the loss I made or sometimes I wait for it to bounce back specially if I am using big capital because I don't want to sell if I think the loss is big.
newbie
Activity: 340
Merit: 0
January 07, 2018, 07:00:07 AM
If that coin is potent I will keep them to the end and when they rise I will sell. Or you can cut holes when coin drops by more than 10% of their value. You can also sell losses and buy coin at lower prices so that when they rise you will earn the money you have lost.
hero member
Activity: 3052
Merit: 685
January 07, 2018, 06:29:39 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?

This is the most dangerous thing happen when you enter this compose speculation Just let it go proceed onward this will give you an eye opener to influence things to right later on. Not all the time you win, Make beyond any doubt and be careful that this sort of business can't promise you to make more income,
There is nothing like a business that will guarantee a profit in this world as we all need to take the risk in order to get the reward.
Trading is one of the best way to make money, however you need to know that the risk is high therefore educate yourself so you skills will help you achieve your goal to be successful in trading, when you are a successful trader, making money will be easy for you.
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