How do you deal with loss? - page 21.

layoutph

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Heres how I deal with trade loss. First of all I do not trade in margin as I dont want to get liquidated. Once I noticed that I already loss in a trade I do not panic, I analyze first if the coin will go further down or will go up later. Once I figure out it will dump more I'll simply sell it and wait for the dip. If the coin goes up to the previous price where I sell. Then I got a profit.

Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

Babebottle

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Just accept the fact you would lose,and believe you would gain a lot in the future.

jayhawk1

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Quote from: burdagol12345 on December 16, 2017, 03:27:35 AM

Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

If i loss,only things i can do is go,inside my room and thinking when should i mistake of making my decision,especially in gambling games and after that,when i came up a solution in my mind, i came out and changes my moves and strategy and face back again the reality.

I was once told by someone that you never lose. You either make profit or you learn something good which acts like a life learning lesson for you. Every one of us learns from his own mistakes. The best thing to do in case you suffered a loss is to make a self-analysis. This will help you in understanding where you went wrong and you will be able to memorize your mistake which resulted in loss.

Ziskinberg

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Quote from: ?? on ??

Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

It happened with me buy alt and it came down for 4 months then I decided to sell it in much lower price that is bad news for me, but after a week it became good news because that alt became not available in the market. After that I buy other alt and luckily got recovered what I loss and have some profit now.

That the life of a trader, we do not see the future so sometimes we made a wrong decision, but we should always bear in mind that a legitimate coin has a good chance to pump and we just do not know when, therefore we need to hold and wait for the good news before we sell. It's necessary to manage your investment, not only in one coin because you will loss the opportunity to other good coins, in addition, it's a good way to minimize the risk.

mariah.sadio

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Dealing with losses is really hard to overcome for me, but I eventually managed to move on and do not make the same mistakes again. I always oblige myself to find other things for me to earn more bitcoin so that I can replace those funds I lost. It is really hard to think back those losses but we have to keep ourselves be positive in life and let go of it so that we can also move forward with our lives. Even though I already moved on with those losses I made, there is always a time that I thought of it and regret what I had done, it still hurts thinking that I spent my savings with nonsense things but like what I said, it already passed and it already happened, we cannot control things sometimes and we face problems. Beating those problems helps us be more successful in life. It also helps us gain knowledge on handling difficult things with thinking what is right and what should be done is also right.

anonbit992

sr. member

Activity: 378

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A Trader & An Investor

Quote from: Bitcotalk on December 27, 2017, 12:00:05 AM

Quote from: romecheo on December 17, 2017, 08:36:03 AM

That was really hard hit to every traders, mostly if someone put more than 50% of his/her investment on single Alts and it goes down like crazy. That would be insane.

And just like other said, thorough studies are required on trading.

You have to set stop loss, to prevent or cut losses.

Definitely losses and profits are the facts that every trader must understand. They need to practice themselves to be easy with this figure. They need to absorb this dilemma that not every time there would be a profit, losses are there too to wave at you.

Things are not that much difficult, need is only to maintain your decorum with losses and profits so that any loss couldn’t affect you.

It is very hard to deal with losses especially for new traders. But you have to stay disciplined and focused when trading. Learn to manage risk. Divide your funds into 10 and invest ot trade in 10 coins. That way you dont blow your entire account. This has worked well for me. The most important thing is to invest or trade in established tokens.

Bitcotalk

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Quote from: romecheo on December 17, 2017, 08:36:03 AM

That was really hard hit to every traders, mostly if someone put more than 50% of his/her investment on single Alts and it goes down like crazy. That would be insane.

And just like other said, thorough studies are required on trading.

You have to set stop loss, to prevent or cut losses.

Definitely losses and profits are the facts that every trader must understand. They need to practice themselves to be easy with this figure. They need to absorb this dilemma that not every time there would be a profit, losses are there too to wave at you.

Things are not that much difficult, need is only to maintain your decorum with losses and profits so that any loss couldn’t affect you.

Activitycoin

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Quote from: Superways on December 20, 2017, 06:52:29 PM

Quote from: AndrewBoltz on December 19, 2017, 11:30:33 PM

Learn from your loss and never repeat the same mistake again. Some of successful traders became successful because they learn from their mistake and do better the next time.

It is one of the good advises but still not the best one, if you really want to learn from the mistakes, then try to learn from the mistakes of others as well to minimize the probability of loss. To get to know about the problems of others, you will have to indulge yourself in discussion with different people from different parts of the world and try to know how they have managed to solve their problems, ask for the advises and make some best practices.
[/quote
I never make panic when its price is low I keep on hold bitcoin and then wait for a right time because its normal and it can happen any time any place because bitcoin is very good for earning and if today it drop its price so it will come back fast because it’s one of fast growing currency in market and it will never give you lose it’s also a fact that still some people have keep bitcoin on hold and they are waiting for next week to get more extra price.

MIZANUR5033

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A fresh and sharp mind is needed badly for dealing with online related coins.
If you don’t have any idea about how to dealing then you have chances to lose everything. Don’t put your all money into one project. If you do it then if its rates goes down you will lose everything.
Just divide your money and put something into one alt and put the rest of money into another alt. then if you lose at one place you will not lose everything because you have an other project and that’s prophet can fill up your looser site. Don’t be emotional with one coin, be practical because it's all about your future.

kateryana81

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Quote from: Lanatsa on December 17, 2017, 10:46:57 AM

Quote from: Aztek on December 17, 2017, 10:28:33 AM

Quote from: emezh10 on April 04, 2017, 04:02:30 AM

When I try the trading I know in my self that there's a possibilities that I can loss my money so that is a part of trading besides when I trade alt coin I invest in several coin I loss always that but I have winning too If I loss that is just small amount of my money that is my strategy when I am doing trading, So i suggest that don't Invest all your money in just one coin.

I guess you have to remember that every investment in anything that involves money also involves risks ahead. So you must know that there will be times that you'll have loss. That is why you must not invest everything in bitcoin. You have to save some for yourself. But whenever you'll have loss you keep calm and take it a lesson for the nextime.

This is always been suggested for how many times that we should only risk the amount that we can afford to lose up and as you said every investment do have corresponding risk on losing money. It normal for us to experience loss since it cant really be avoided and even how pro or good you are you will surely still not prone to loses knowing that this is really an unpredictable market.

This is perhaps the good advice but not the best practice available already. If you want to stay safe, then invest some amount, and do the trading. After gaining some profit, try to take out your investing capital as soon as possible, and once you have taken it out, then you can invest it again.

Hold on with the investing capital and keep on doing trading with the profits. Hopefully you will maximize your profits as well as you will stay safe too.

Alexcross1075

newbie

Activity: 49

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the best way to deal with loss is to take correction and a new strategy

2hot2handle

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Quote from: Herressy on December 21, 2017, 05:59:40 AM

Quote from: Mr.John19 on December 21, 2017, 05:28:52 AM

We don't have a control to the values of the coins. Before we start in the investment, we should be ready what will happen, and you know own boundaries on to avoid the loss. Losing your coins is an enormous challenge we need to get up and face that difficulty.

Nothing to deal with lose but we need to accept the fact that we lose our money. So make sure that when you put your money in trading you are willing to lose that money.

We should always expect that losing is part of every trade specially when we don't know what we are doing, its not everyday that we get to have profit in our trade.

imking

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Entirely person experience to lose even the expert they experience a loss. Failure is a part of our journey. The market changes every second; there is no time for the shame. I believe in this saying "Success consist of going from failure to failure without loss of enthusiasm.

Herressy

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Quote from: Mr.John19 on December 21, 2017, 05:28:52 AM

We don't have a control to the values of the coins. Before we start in the investment, we should be ready what will happen, and you know own boundaries on to avoid the loss. Losing your coins is an enormous challenge we need to get up and face that difficulty.

Nothing to deal with lose but we need to accept the fact that we lose our money. So make sure that when you put your money in trading you are willing to lose that money.

Mr.John19

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We don't have a control to the values of the coins. Before we start in the investment, we should be ready what will happen, and you know own boundaries on to avoid the loss. Losing your coins is an enormous challenge we need to get up and face that difficulty.

vinz7229

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Quote from: MyIdeas on April 03, 2017, 02:49:51 PM

I have invested in some altcoins and now these altcoins are very lower in price and I have lost a good amount in them so now I do not consider it as worth to sell so I just keep them in my exchange wallet and I am waiting that sometimes the price of it may increase and I will get the profit.

that's a good decision, some traders don't know how to handle some situation like that, they get easily panic and sell their coins even if they know they could loss huge amount of their profit. remember the golden rule, "patience is virtue"... Grin

katrimans

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Quote from: Joriecoinbit on December 17, 2017, 04:53:40 AM

Quote from: rog1121 on December 17, 2017, 01:08:20 AM

Quote from: ?? on ??

Hello guys!
So i started trading a few months ago when i first got into crypto. At first it seemd like a easy way to make money and this thought probably helped me get my first lessons with losing. I personally belive that you should really invest only in cryptos that you like and know things about. Take a while to research few coins and get to know their community be4 buying . Also try to have a stop loss everytime so you avoid taking huge losses.

If you want to become a good and success trader then you need to become a good player and for a good player the major aim is to deal with a good manner to loss. If he can face loss then he need to improve their confidence by identifying their mistakes and can make able self that don’t repeat their mistake nextime

Losing in trading could be devastating especially when you spend all your time in trading. Others became miserable in their life. But instead of making your life miserable because of your loss, use your loss as a motivation for learning and develop your skills for better trading.

Successful traders treat losses as an opportunity to learn and improve their trading. Failures in trading will let you become more skillful trader in the future.

There comes number of occasions when you commit such kind of mistakes which then lead you to loss. Profit and loss are quite normal thing when it comes to investment of money. You really need to be ready all the time to face any bad situation. I deal with the loss by investing more money with more motivation of making more money and to recover what all I had lost previously.

kkukkugaga

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Hello World!

What's lost is lost, you don't have to deal with it. If you trade or render service that fails or doesn't work, that's not the end. You can learn from that failure to become successful. You don't treat lost as negative, tho it will surely affect you, but take that as a challenge to become better.

mr_enoc

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By thinking it in a possitive way, i will not get some loss if i will stay my investment and wait for the price to rise or increase again.

TIDOVEE

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The few ways to deal with Loss in business are; assuming the business risk ahead, shifting the risk, then starting with needed ideas about the business from those who have been into it, starting little. Studying the environment.and probably have a consultant which will be an aid at complicated time

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