Topic: How do you deal with loss? - page 5. (Read 52306 times)
Before deciding to invest, it's good to find out the advantages and disadvantages of altcoin. If it has been done but still suffered losses and there is no possibility altcoin is experiencing price increases again then I decided to immediately sell it than I suffer a greater loss 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?
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's a tough call. If it's me, my actions would depend on my current situation. In an ideal situation and provided that I still think it's a good project, I'd rather wait for it to bounce. Strong hands and stable emotion are needed to survive.
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.
Yeah i think in trading you should have to be mentally prepare with any kind of situation because trading is unpredictable and i think volatility is natural so , you got profit as well as you got the loss. So , you have to deal with both of them. Some newbie when they start trading got loss and then they quit. I think in trading you need a lot of patience. 
Loss is an emotional stress. It is necessary to learn to cope with it. It is necessary to understand that it when that will happen also to you. But if you are patient and you will manage to cope with the emotions, then it wont occur
You will still loss in trading at any time but learning how to manage your emotion when you lose will help you to make a decision the next time. It's gonna be a long journey, therefore you need to learn and improve as in trading all you can rely is your decision making
so keep yourself updated to always do a working strategy.
Loss is an emotional stress. It is necessary to learn to cope with it. It is necessary to understand that it when that will happen also to you. But if you are patient and you will manage to cope with the emotions, then it wont occur
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?
only trade what you can afford
In trading, anything can happen even if the price is beyond the prediction that sometimes will lose, I also have experienced losses in trading and I make a failure as a lesson in trading, I never give up and always think positive, I believe bitcoin will give good to me
How do I deal with loss? I learn from mistakes! Most of my mistakes, I am too greedy chasing huge profit without consireding other indicators to predict the market. I make loss, being sad wont take it back. Keep fighting until we profit again.
the key is dont be greedy in trading. the market is fluctuation and possible we get a profit or lose it
it better to set amount for target profit or lose and consitent with that.
How do I deal with loss? I learn from mistakes! Most of my mistakes, I am too greedy chasing huge profit without consireding other indicators to predict the market. I make loss, being sad wont take it back. Keep fighting until we profit again.
You have a very strong will. Do not be discouraged by failures. I also had a loss in business, I was a little sad because of capital loss. But I think that's the lesson for me. I have to step up and continue to invest, so I can reclaim my lost capital. And then I succeeded. Today, I still fail but I do not lose too much capital. Good luck.
How do I deal with loss? I learn from mistakes! Most of my mistakes, I am too greedy chasing huge profit without consireding other indicators to predict the market. I make loss, being sad wont take it back. Keep fighting until we profit 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?
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 is no one solution which fits all situations. It all depends on details of each individual case - sometimes it would be better to hold, but there are some cases when you have to fix your losses immediately.
I would limit my thinking when I'm losing money and I would go out or hang out with my friends as this will help me to be more comfortable and able to reduce stress in my work. Once calm I will try to return to trading with a better spirit.
That is cleanly a fine looking methodology to manage misfortunes. See everything as Associate in Nursing ordeal and skill accompanies learning to own the capability to choose higher decisions for what is to return. On the off likelihood that I lose, I think about it to be Associate in Nursing approach to impress myself to enhance matters next time, and once I improve matters next time, it's Associate in Nursing or additional on behalf of me. it's standard that lone a trick continues rehashing {a similar|an identical|an Associate in Nursingalogous|the same} factor expecting numerous outcomes nonetheless once you have got done it antecedently and you update your option to an acceptable one next time, it while not a doubt improves you get.
Acceptance is the best way to deal with your loss, in every investment there is a win or loss. So you have to be ready on what happen. If you loss your investment, well you need to accept that and make plan for the next move. Dont give up, not every time is a loss. Sometimes all you need is to control your emotion specially your patience.
I research thoroughly before investing. I go for cheap Altcoin with great potential. I never panic if a trade doesn't go my way easily. Panic to me means selling off to avoid more loses. The only time I sell off like that is when am deliberately trading scamcoin. Don't ever regret your trading mistakes If you have done the above.
All in Summary:
Research
Go for good & cheap Altcoin
Keep holding even if trade doesn't go ur way
All in Summary:
Research
Go for good & cheap Altcoin
Keep holding even if trade doesn't go ur way
Losing in crypto trading is part of our daily life here and for me I charge it as a learning experience it keeps me reminding not to commit the same mistake again so the next time I trade I will already more cautious and vigilant to the movement of the coins I invested.
It actually depends on which alt I am investing in, if I feel that I will get return on my investment I will wait,else I will sell it. And if I get a big loss, I will make a report of how I got a loss, and then I will make sure that I won't repeat the same mistake yet again and maybe I will keep ready a pros and cons list of the next alt I invest in. Of you are the trader or investor loss is something you have to calculate with because you will not make the profit all the time
Whenever you encounter some financial mishap or loss, you first need to admit that it was your fault and try to figure out where you actually went wrong. Just consider lose or loss as an opportunity for you to do better in the future. Always learn from your mistake. In fact if you los something you could actually try on earning more by having an option or thing to invest to just make sure that you could actually have the time and power to manage it for you to lessen the risk
Losses in a trade may be a common thing, but the lesson of such loss should be made in experience of future trade evaluation. A successful person in trading is not a person who has never suffered a loss in his trading activities but a person who is able to rise from a loss. Obviously people don't want to lose any bitcoin at all. But always remember that is quite normal and necessary in investments and trading
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.
Jump to: