I will see the potential of the coin, if I feel sure the coin has the potential, better I wait for the price bounces rather than cut lose, but if the price is difficult to increase in a long time, it's better I sell it and move to another coin who have great potential to recover my losses.
Topic: How do you deal with loss? - page 47. (Read 52285 times)
No problem man, Sometimes you will lose your money by that way. For me, what you can learn after is more important. If you lose your money, don't look back. Let learn from your mistakes, you will succeed in the future. 
You say that I do not agree with the way you do business in bitcoin. If you have determined to invest in it then at least you must have some certain knowledge about it when you invest without knowing it. Invest in something like you take your money thrown through the window. But one way that traders usually use is that they will always sell if the current price falls 5-10% over the purchase price, they will ensure that their capital does not lose too much before making a profit from it.
The best thing to do when you experience loss is move on. Just keep moving forward because no matter what you do, you can't recover what you had already lost. And divide your investments in various coins so if you lost in one of your coin, you can still get it back or more than that with you other altcoins.
the idea is not to put all your eggs in one basket. Invest in Bitcoin, watch for good ICOs (like ankorus) and there are other cryptos to invest.
Precisely, because if you are just a newbie in the Trading world, then it is better if you are going to start on a little amount of money that you are going to use as a capital on Trading, so that if you lose it, then you could easily move on and think for another way to earn bitcoin and learn from your mistake.
the idea is not to put all your eggs in one basket. Invest in Bitcoin, watch for good ICOs (like ankorus) and there are other cryptos to invest.
Precisely, because if you are just a newbie in the Trading world, then it is better if you are going to start on a little amount of money that you are going to use as a capital on Trading, so that if you lose it, then you could easily move on and think for another way to earn bitcoin and learn from your mistake.
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 encounter it I might sell loss, if some altcoin drops too fast instead of continuing to hold, I can sell the hole to reduce the loss.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?
don't cut your loss just hold until the price goes up bubble again but if you're afraid that you could lose a chance you can sell your bitcoin when the price decrease again it depends on the person . I'm the type of person who can wait till bitcoin price goes up but this time I already sell my btc from $5700 since i bought it at $5300. I'm just gonna wait till the price drop again and then buy bitcoin again.
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 encounter it I might sell loss, if some altcoin drops too fast instead of continuing to hold, I can sell the hole to reduce the loss.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?
That's why i don't deal that much with the newer untested altcoins yet. You won't know if it's going to bounce back or not compared to trusted regulars like btc and etherium. I seldom end up in losses now because with these coins i'm trading with, all you need is patience.
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 encounter it I might sell loss, if some altcoin drops too fast instead of continuing to hold, I can sell the hole to reduce the loss. 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 hard to answer this question because no one knows exactly when the price goes up or goes down. But if I were you, I will sell immediately and try to trade another coin. Because, if you still hold, you can lose everything when a panic sell happens. 
Mate, Trading's not talking about sell them at high or sell them at price going down. That's why we should have a knownledge and learn about future of coins. Prices go up and down I guess that's a common thing, but we can got oppotinity on goals of coins. 
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?
depends on the coinHow 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?
Bitcoin is realy help to me. It will give more information for the getting the more profit. I will get the more information for the future grownup. It will give the support for the future handling. It will give more advises. If loss i will hand the net work. But bitcoin is good to useful of the handling the loss. So it give how to improve your self.
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?
depends on the coin 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 hard to answer this question because no one knows exactly when the price goes up or goes down. But if I were you, I will sell immediately and try to trade another coin. Because, if you still hold, you can lose everything when a panic sell happens.
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?
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?
There are always rules you have to set for yourself when trading,and then follow them.I personally,when trading do few things.
First of all,and everyone always mentions it,invest what you can afford to lose,so you can trade cool headed and not be in temptation of panic selling.
Second of all,invest in the project you actually believe in.That way,if you're confident enough,when the price drops you'll buy even more,expecting it to boom soon.
The third thing you can do which is smart is to make portfolios of at least 5 good cryptos you'll invest in.That way even if four of these are falling,if one is very successful you'll at least cover the losses.
But there are many remarkable methods of minimizing the risk factor and loss. The best you can adopt for avoiding loss in crypto market is to diversify your portfolio.
In this industry, we have to move on, if you stuck at one point and you can't regain back all your knowledge.
I'm sure that the losses are inevitable in trading, and your purpose is to minimize it. I think it's bad idea to wait, it will be better to close the losing position as soon as possible.
If you keep closing every losing position, you would sooner or later be down to zero Btc and that clearly demonstrates lack of plan and organisation. A better approach would have been to take up positions only on assets you have strong convictions for and even at that, it is never a good trading decision to ever go all in. There's need to split your balance into a number of places and then buy some bits more should price drop to a certain level you have determined, on and on. Since price does not continue indefinitely in anyone direction, reversal is most likely after a few of such purchases.
as with everything is life, you win some and you lose some. How can you expect to win all the time if you can't lose some times as well. Personally, that's how I'm dealing with it, I tell myself that I can't be winning the entire time and that sometimes you gonna take a hit, it's not nice but it's part of the "game". And it's not only in trading, it's in everything you do in life - maybe you didn't get hired for a job, maybe you didn't make this girl you liked your girlfriend, and maybe that trade you made two hours ago went completely the other direction. People have to try to manage their emotions especially in trading, because that directly affects the outcome of your performance, which affects your balance, and your balance obviously is your income/gains which you need to "survive" or live (considering you don't have a full time job).
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?
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?
much better u have a plan if u cut loss ur profits. I have a tip if ur investment are fallen much better u bought from dip price this is a good way to earn if u have a lot btc that do it.
If u dont have another btc follow the flow price fallen. Sell low buy low...
Diversification - don't put all eggs in one basket
I always keep calm when prices fall because when we participate in this market we have to take risks and accept losses if possible. I think in all cases we should shut down the computer and limit the trade during the downtrend
Limiting trade during the downtrend is good but shutting down sometimes is bad. If you lose at a point, you can cut your loss, accept it like you said and then monitor the market to see if you can get back at huge dip. It is patience, a time comes when the market will balance and if you buy at the lowest dip and the market gets pumped back up, you make your profit and even more than you have lost if possible. That is why stop loss is important. Jump to: