How do you deal with loss? - page 4.

gurang

jr. member

Activity: 350

Merit: 2

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?

Losing something is not easy especially if it is very important to you so it's not easy to accept the loss, but you prefer to accept it and think that it is gone. and it's better to face a new test, accept loss and reconstruct a new one.

v3teran

newbie

Activity: 107

Merit: 0

You only lose when you sell so just wait

Dwarf42

full member

Activity: 308

Merit: 100

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?

The market has been continuously decreasing and there are no signs of recovery. Today we face a huge storm, the trading floor is covered with a red color. Bitcoin prices are now down to $ 7,000, according to my analysis, bitcoin prices will continue to fall in the coming days and will touch $ 6000. With a market that is in such dire crisis, it is very difficult for us to trade successfully. The failure of trading is very easy to understand.

atetess

member

Activity: 305

Merit: 10

By keeping my beliefs that bitcoin and altcoins will surely rise again. I need to convince myself that bitcoin and altcoin price will pump again and my investment can be double or much greater.

tbalazs

jr. member

Activity: 126

Merit: 7

Drink quality wine, it always helps Cheesy

flip4flop

full member

Activity: 378

Merit: 135

The best way to deal with loss is not having invested more than you can lose. If you are stressing out about how much money your portfolio is losing and resorting to drinking, chasing losses, lashing out in anger or other negative behavior than you likely need to reassess your holdings. It sucks to lose money but when it starts affecting what you do in your life you may be in too deep. Never rely on one avenue to make you rich or develop a passive income. Invest only what you can lose and still go on living a normal life. Crypto is especially an area where this advice is paramount since its one of the most highly volatile areas when it comes to market fluctuations and unknown data. The market can be easily manipulated and you will find yourself on the wrong side easily if you are not in the circle. Be safe with your money and live a happy life!

alex6464

newbie

Activity: 179

Merit: 0

The fluctuations of the cryptocurrencies, especially the altcoins' are not scaring me anymore, because I have already accepted that, this currencies are so volatile. to be calm in the face of losses, you have to be aware of this. After of that, the most important things are patience and luck for me.

LastRolling

member

Activity: 308

Merit: 10

If I suddenly suffer to losses I just accept it. I know that in the world of trading, it is not always about profit.
You will also suffer in losses especially if your knowledge about trading is not enough. After that losses, I will earn money again for my next investment.

conected

hero member

Activity: 1302

Merit: 503

Quote from: TitanGEL on March 29, 2018, 07:32:36 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?

It is normal to experience loss, actually I lose big amount of money yesterday! I always thinking positive because I know that I can overcome all of my losses if I will control my emotions for me to create good decisions.

- Yes, we need to think more positively, continuing to think about loss will not make sense, what we need to do is to determine the next steps we should go, that may be a wait for a return or cut loss. This is trading, not gambling, loss can also be restored or minimized and this depends on the decision and our analysis but the most important thing before we start doing this is adjusting emotions, because if we are too emotional, we will be able to make the wrong decision and go away in a regret

rivkavender

newbie

Activity: 56

Merit: 0

Since I am using a bot called profit trailer I havent really dealt with loosing at all acutally its the opposite and I just keep gaining ETH!

I have in the past and just moved on because you can always make it back and some more in the long run!

Dont sweat it and dont get emotionally attach to the money you invest and invest in what you can afford to loose!

rosalyn07

member

Activity: 244

Merit: 13

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?

The loss we're saying is always a part of any business and a part of having a successful future. In investing you either earn profit or loss its always a part but what you must do is always have a positive perspective and learn from your loss then apply it in your next steps of having a big profit and having your sweet success in future.

kiddddddd

member

Activity: 103

Merit: 10

“Revolutionizing Brokerage of Personal Data”

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?

Be positive! I have watched multiple Video clip about the sudden changes on crypto market and everyperson i have watched keeps on saying we must hodl cuz the possiblilities of Bitcoin hitting the moon is true and we need to make sure that were still part of it.

TitanGEL

sr. member

Activity: 1036

Merit: 281

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 is normal to experience loss, actually I lose big amount of money yesterday! I always thinking positive because I know that I can overcome all of my losses if I will control my emotions for me to create good decisions.

kramr

full member

Activity: 406

Merit: 106

In my opinion, you should forget about the losses and move on. Trading is an irreversible process. Once you incur losses, the trade can not be reversed or cancelled.

Fortified

copper member

Activity: 350

Merit: 1

It's rare to find a investments with all are profitable. Loss is normal in every investments. As long as you will learned from that loss your experience will boost more profits in the future. Don't stop believing on yourself.

litepresence

full member

Activity: 358

Merit: 118

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?

Usually , I won't bother about if bithcoin price may pump or dump. Because past more than a year i keep looking bitcoin growth and i know the value of bitcoin, So I hope within few days bitcoin will show the dramatic increase. So definitely I will hold my bitcoins until it grows up. Hence this is the best way not to cut your loss.

Coin_Tracker01

newbie

Activity: 52

Merit: 0

sometimes drinking and anxiety pills, but only since some other plans have failed and now have to rely on crypto for money. Otherwise, if your living doesn't depend on it, best to just take a break and focus on different things.

loof99

sr. member

Activity: 524

Merit: 258

Loss is a unfavourable outcome through wrong decision that you make or there are other external factors. I think we should deal with it by taking it as a lesson learned so in next moment we can avoid it.

Hassan02

hero member

Activity: 743

Merit: 500

Quote from: saqibmunir on March 21, 2018, 01:33:40 AM

Quote from: Birin016 on March 18, 2018, 08:43:49 AM

Its only those who are newbies who haven't lost anything when trading with bitcoins. Once you lose money you shouldn't get desperate and try to recoup the money that you have lost back, it will lead to you losing even more money in the process. Step back a while before you do anything else again.

Sometime you got panic when the whole market is down. Incase you do panic because of sudden decrease then move on and dont make the same mistake on the past which we would really not easily be panic when prices do crush unless if you are buying on a pump and dump coin then its an ideal move to secure profits but when we are talking about bitcoin or top altcoin then we should not make this habit.

does people that are making some panic when they do not know what are some of the best thing that they might to do as well so better before that you are going here in this currency that you may have to know some consenquences of on how you may have the chance to not be in a way wherein you know you may have some losses.

saqibmunir

full member

Activity: 267

Merit: 110

Quote from: Birin016 on March 18, 2018, 08:43:49 AM

Its only those who are newbies who haven't lost anything when trading with bitcoins. Once you lose money you shouldn't get desperate and try to recoup the money that you have lost back, it will lead to you losing even more money in the process. Step back a while before you do anything else again.

Sometime you got panic when the whole market is down. Incase you do panic because of sudden decrease then move on and dont make the same mistake on the past which we would really not easily be panic when prices do crush unless if you are buying on a pump and dump coin then its an ideal move to secure profits but when we are talking about bitcoin or top altcoin then we should not make this habit.

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