How do you deal with loss? - page 53.

ThunderCatSteve

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Quote from: ItBeginInAfrica on September 26, 2017, 01:27:03 AM

Since I don't invest or gamble anything I can't afford to lose I don't really feel against a lose.. but when I lose hard earned money its make me just sad.. like when playing roulette at the casino on bet lost.

Gambling should even be considered extremely risky and except the person in question wants to play it for fun, it should not even be played at all as it can give a huge heartache for someone who depends on it as an investment or looking for a quick way to make profit.

It is just so easy to loose than to win. It gives users the chance to win for a little while and most times luck may not just be there to speak for you.

kiloiko

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Quote from: BitcoinBallerina on September 24, 2017, 12:32:32 AM

I deal with loss by trying to cut the losses as soon as possible and then I try and breathe it out and take a break. Come back at it another day with a fresh new perspective.

I must say that this is a very good approach. In my opinion, you have to invest again with a new hope if you want to recover your losses. If you’ll lose hope and will quit everything, then there is no way that you can get back what you have lost. You need to learn from your past mistakes and you need to start again with more zeal.

mobilestrike

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Quote from: KalaiBTC on September 30, 2017, 05:32:44 AM

Quote from: chopter on September 22, 2017, 06:50:45 AM

I try to stay calm and do a great research on the altcoin i lost alot on. If it has chance to come back up, is the team still actively working on it, does the product still solve some problems in real use case and then cut my losses and move on or just hold.

Exactly losses are part of business. Someone loss and someone get profits. What you need to determine is how much capability you have that you could sustain this loss. Activate your controlling skills and make sure things shouldn’t get out of your hands. Be patient.

Loss and profit, this is something you will be hearing very much whenever you are into the world of investment or trading. Getting a loss is quite a normal thing. You need to be ready for loss all the time. In case of you suffer a loss, then there is no other solution to recover your loss than making a better strategy with cool mind.

Qastessa

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Quote from: kamBlanV on September 28, 2017, 08:49:30 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?

Maybe I'll kill myself.
However losing all the Bitcoin I invested was a nightmare. maybe I will be trauma and will no longer do Bitcoin business.

Dying is not the solution for the problems for this you need to hold your bitcoin for future. It will give you high profit. When you lose the profit you should not complain for it just hold your bitcoin for the long time and you will they get the profit in the future but don’t be impatient in the case of the bitcoin.

naidray

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Quote from: dinda22 on September 26, 2017, 11:34:09 AM

If I were in that situation, it all depends. If I see there is hope I better wait. But if I see no hope, I will cut the loss, despite losing a lot. because it is actually often I experienced, but I am still trying to recover my capital to be able to keep trading and benefit more.

Like I always say, it totally depends on each individual and the style and strategy they make use of when trading. For someone like me, as long as the coin has always shown sign of survival or support or pump in the past and it keeps going down, I had just buy a little more at the lowest dip and wait a little longer than accruing losses.

Usually, I don't put all my funds straight up on a single coin most especially if it is just a coin with no much support, so with that I can afford to stay longer and see it as a long term hold for profit than a short one.

nelsledma

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Quote from: BitcoinBallerina on September 24, 2017, 12:32:32 AM

I deal with loss by trying to cut the losses as soon as possible and then I try and breathe it out and take a break. Come back at it another day with a fresh new perspective.

That is only the point behind your success. It is often said, “Life is not the bed of roses”, it means that you will definitely have problems and then you would be going back in life. So what you do after a loss that is only a way in dark. Be patient to your decisions, be determining with you actions and just forget the loss, success is yours.

BingoDog

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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. The key is how to put the loss at the lowest possible level and how to deal with it rationaly. The worst thing is to react emotionaly and try to cover the loss immediately without calm thinking because in most cases you will loose even more.

sasaki111

newbie

Activity: 48

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I don't have a strategy for stop losses because i was convinced from the very start they where a bad idea. I've never used them.
I'm not sure about your arguments, statistically a stop loss will only cause you to lose a small amount of money, maybe 0.5% on average or even lower. Re-buying your position lower is impractical in those cases. During flash crashes the price at which your order executes is all but guaranteed, leaving you with a lower scalp than expected. That doesn't sound like something that is worth the risk to me.

Carmen01

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Streamity Decentralized cryptocurrency exchange

I think i prepared my self to lose money in like a simple way i invest like only 0.001 btc so this is only so low right even i lose this i dont have a bad feelings about losing everyweek i add like this in trading coming in my earnings in my campaign then in my faucet also i wanna know all about bitcoin even gambling i will take all risk

kurothesaky

newbie

Activity: 16

Merit: 0

As a wise man once said. You should invest as much as you are willing to loose. On the point of dealing with loss, you move on, cut them early. You need a solid managment and planning. As for future investments, buy the rumors, sell the news. As example you can have komodo, they are announcing this super news in 24hrs, 48hrs, doesn't really matter, the price will go up, you buy and sell right before the news and take the profits. One of the biggest reasons of major losses is being greedy, and greedy won't get you far without major risks.

KalaiBTC

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Quote from: chopter on September 22, 2017, 06:50:45 AM

I try to stay calm and do a great research on the altcoin i lost alot on. If it has chance to come back up, is the team still actively working on it, does the product still solve some problems in real use case and then cut my losses and move on or just hold.

Exactly losses are part of business. Someone loss and someone get profits. What you need to determine is how much capability you have that you could sustain this loss. Activate your controlling skills and make sure things shouldn’t get out of your hands. Be patient.

Ann Impas

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For me i take like the half of my profits to my stable place and have the rest just there so i don't worry about loss that much.

Bitcoincole

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Quote from: nl247 on September 29, 2017, 05:54:02 AM

Quote from: kamBlanV on September 28, 2017, 08:49:30 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?

Maybe I'll kill myself.
However losing all the Bitcoin I invested was a nightmare. maybe I will be trauma and will no longer do Bitcoin business.

Lol. Kill yourself? Come on! It can never be that bad. I do not see any situation in this life including losses that should warrant anyone to take his or her life as long as there is still hope. As long as you are smart with your decisions, I do not see how anyone should loose all they have. What causes most people lossing everything is usually greed and that is sure bad!

Well you have to think the most important things that you should learned in your mistakes and keep yourself composed and don't let a loss affect in you emotionally. This is just a lesson in investing in some shitcoins.

nl247

full member

Activity: 518

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Quote from: kamBlanV on September 28, 2017, 08:49:30 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?

Maybe I'll kill myself.
However losing all the Bitcoin I invested was a nightmare. maybe I will be trauma and will no longer do Bitcoin business.

Lol. Kill yourself? Come on! It can never be that bad. I do not see any situation in this life including losses that should warrant anyone to take his or her life as long as there is still hope. As long as you are smart with your decisions, I do not see how anyone should loose all they have. What causes most people lossing everything is usually greed and that is sure bad!

PizzaBTC

sr. member

Activity: 555

Merit: 252

Quote from: Darker45 on September 20, 2017, 10:37:52 PM

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?

You have to weigh your options carefully. You can actually cut loss. I have made that because there is another altcoin I am shifting to. But I have also made the holding until the value goes too low and just waited for it to recover. Depends on the coin and the timing.

I think this technique may not work as well as it is serving in your case. I think it is something which demands you to remain calm and cool no matter what the circumstances are.

The first thing you need to do is do not panic after loss. You need to learn from your past mistakes and should make your decisions very much carefully.

maokoto

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Activity: 770

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Well you are asking "how do you deal" so here it is (even though is probably not the best method)

I deal mostly in two ways:

1) Buying more of the depreciated altcoin so it doesn't have to go so high for me to end with a profit, or at least I do not lose too much

2) Selling the altcoins (even at loss) and trying to buy them lower. I usually do that at a minimum (selling and trying to rebuy at 1-2% less or so)

Sometimes this methods have gone good for me, sometimes bad.

pitiflin

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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 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.

KingdomHearts

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Quote from: Angeltwist12 on September 22, 2017, 06:27:56 AM

Quote from: smile1218 on September 19, 2017, 11:44:28 PM

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?

Well for me before i started trading I already conditioned my self and my mind that i am going to take the risk. What i do when my investment facing loss i do charge to experience and find my luck in trading other coins thats why i do not invest in one only coin i still have back up plan in case of loss.

Thought that you say is very appropriate, because it is the main step that we must have is the courage to take a risk. If we are a little hesitant about taking risks then it is certain that the investment will be a little disturbed and eventually will disrupt our focus on all the things that exist. The only thing we really have to have is self-control and analysis, otherwise everything will be bad.

If someone cannot take a risk to invest a money after he suffered a loss, then I think there is no way that he can recover that loss. If you want to get your money which you lost back, then you need to think very much carefully and you need to learn from your past mistakes.

Oilacris

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Quote from: Smarty14392 on September 27, 2017, 01:23:19 AM

Quote from: HalfDeck on September 19, 2017, 02:04:03 PM

Quote from: rodel caling on September 19, 2017, 10:13:54 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?

i keep waiting to bounce back my investment and i control myself calm down not panicking its because risk is a part in the trading sometimes you earn good but not all time you are get good profit, need to petience and need to find the solution how to get back the investment in the ways.

If all time you are get good profit, it is only temporary, in someday, you will loss all your money by your arrogant. Therefore, sometimes I go to work signature campaign or other field but need I work hard and the salary I will receive very small, but it reminded me remember the value of money.

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. After that tell yourself that this is not the end of your world, you can get back your money if you will keep working hard and then stay committed until you don’t earn enough to forget your loss.

We should really learn from our mistakes because this thing would really mold us to be a better trader or something on what we engage on.Dont easily got frustrated or give up on just a on few tries.Just keep in mind that no one comes an expert on the first time to engage on things.All of us do start into a newbie and making mistakes is just really a normal thing.

voronint11

newbie

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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?

In my personal opinion its better to fix small losses at once and not to let it grow into a margin call.

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