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Topic: How do you deal with loss? - page 57. (Read 52306 times)

legendary
Activity: 1386
Merit: 1058
September 23, 2017, 02:27:39 PM
Losses is part of trading. we must accept losses and that doesn't to stop us from what we are doing to earn it. i will find another way to bring them back and losses also serves as a lesson for traders to be aware
Apparently, anyone who cannot accept losses in trading is not ready to trade at all. You cannot always win all the time and the reason everyone always say 'learn first' is to reduce the risk of losing all the time and increase your chances of winning at least 95% most of the time. Sometimes, market can just be terrible and if you are so emotional about it, then you will be doing yourself huge harm.
member
Activity: 130
Merit: 10
September 23, 2017, 01:43:12 PM
in my opinion, and I'm not sure other people would agree with this, there is no such thing as loss in investment. The thing about investment is you should only ever be investing disposable capital and if it's disposable in the first place then there is no such thing as a loss, it's money that you could afford to write off to begin with and therefore from the moment that you decided to dispose of that income you already took a loss. if the means through which you disposed of it happened to be an investment vehicle and that investment vehicle starts making you money it's a miracle, of course this presents a whole set of issues to itself because then you start seeing your portfolio rise and grow and also take its own losses and you have to start to think about when you walk away and what is enough money for you... this is a set of decisions you have to make on your own and I don't think you should listen to anybody else's advice as to what to do in that situation. go with your gut but until you get to that point always remember that if you're investing money that you had to lose anyway there's no such thing as a loss.
hero member
Activity: 737
Merit: 500
September 23, 2017, 01:36:26 PM
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.
Everything will be bad if you do not have a good preparation, of course that is the truth Grin.
In reality, every job needs you can prepare your schedule clearly, you can not do that = no money for you. Wink
newbie
Activity: 16
Merit: 0
September 23, 2017, 12:07:03 PM
During the whole September the most time I had to deal with loss. However I stil believe in price pump in the nearest time to finally sell my ETH, LTC etc. Which were bought in the beginning of September

These are not worst alts.)
I have in my bag such presents, as LBC, ETC, GBYTE, DGB and so on... And that's really sad...(
You should get them out of your wallet as soon as possible because these altcoins are pretty useless. I don’t think so there is even a single altcoin that ahs power of generating great profit not even this eth is capable of making its investors happy. Eth also often puts people in loss.
newbie
Activity: 57
Merit: 0
September 23, 2017, 11:43:26 AM
ALTs are a gamble.  To a certain extent so is BTC.

So with any gamble whether the odds of winning are high or low, you only play with what you can afford to lose.
sr. member
Activity: 2226
Merit: 347
September 23, 2017, 11:40:18 AM
I deal with it like I deal with a win. It is all part of trading.

If you feel bad this isn't for you.
Losses are inevitable. You can never always have a win except you can see the future.
Trading is a game of prediction coupled with skills and knowledge to make the right prediction. However, this does not give you guarantee you will never lose but a guarantee that they will be limited.
Loses cant really be avoided and as a trader we would really experience such thing but as you said we cant avoid it but we can lessen it if we did really use our knowledge and skills on trading.Dealing with loss will really be hard on the first time specially when you are still a newbie.You would really feel too much pressure and wont able to make good decisions along the way creating panic and sell out on cheaper prices.
full member
Activity: 268
Merit: 100
World's First Chain Balancing Token (CBT)
September 23, 2017, 11:39:02 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?


Before you cut your losses, determine first if your investment in alts are still good. Search for updates or news about why it goes down. Then assess whether you have to cut loss or hodl.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
September 23, 2017, 10:51:51 AM
I deal with it like I deal with a win. It is all part of trading.

If you feel bad this isn't for you.
Losses are inevitable. You can never always have a win except you can see the future.
Trading is a game of prediction coupled with skills and knowledge to make the right prediction. However, this does not give you guarantee you will never lose but a guarantee that they will be limited.
hero member
Activity: 1022
Merit: 521
September 23, 2017, 10:10:25 AM
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.
You are right but what we can do is to try to learn from our mistakes and bad decisions which lead us to loss at all. Be patient, don’t get panic because of your loss. Try to control your emotions. You can recover your losses in no time through bitcoins by making correct use of your analytical abilities.
full member
Activity: 140
Merit: 100
September 23, 2017, 07:06:20 AM
I deal with it like I deal with a win. It is all part of trading.

If you feel bad this isn't for you.

It is direct hit answer, and I think that should be it. Sometimes being loss for a while makes trading more exciting than any of the once you've always bored to do. We may even be tired of things that goes around every time and the thrill is much lesser. Losing is not a sign of weakness but a manifestation of being human. We tend to force ourselves to be the perfect one that we can't be.
full member
Activity: 686
Merit: 107
September 23, 2017, 07:03:07 AM
In every loss or failure you learn a new lesson. And you should always take note of these lessons so you won't fail again for the same reason. Whenever you lose, don't lose your motivation to try again, get up and become better.
legendary
Activity: 2506
Merit: 1394
September 23, 2017, 05:46:59 AM
I just keep going. Hold those coins. It is just really sad when almost 50% loss on particular coin
legendary
Activity: 1456
Merit: 1005
September 23, 2017, 05:46:05 AM
During the whole September the most time I had to deal with loss. However I stil believe in price pump in the nearest time to finally sell my ETH, LTC etc. Which were bought in the beginning of September

These are not worst alts.)
I have in my bag such presents, as LBC, ETC, GBYTE, DGB and so on... And that's really sad...(

Don't have any options you have to keep those coins in your bag until the price of these coins grow. If you sell it now, you will get a loss. But in your coins, ETC will recover it very soon once the bitcoin price cross once again $4k margin then this coin will come up other coins I don't have any idea.
member
Activity: 107
Merit: 10
PLAYGAME.com
September 23, 2017, 03:08:13 AM
When there is investment > there is risk.
When there is risk > there is reward.
Where there is reward > there is a risk of loosing.

This is a fact an dan investor has to accept them.
Smiley) just like we known if girlfriend cheat on us we don't need to be sad but the truth is we always sad
newbie
Activity: 81
Merit: 0
September 23, 2017, 02:48:47 AM
When there is investment > there is risk.
When there is risk > there is reward.
Where there is reward > there is a risk of loosing.

This is a fact an dan investor has to accept them.
member
Activity: 103
Merit: 10
September 23, 2017, 02:46:37 AM
I'm not deal with it. just accept it. I can do anything to get money back so can't sad forever. Must calm and back to trading.
hero member
Activity: 616
Merit: 502
September 23, 2017, 02:28:02 AM
You won't have to deal with any loss if you don't make shitty investments like throwing dice in the first place. Investing in shitcoins has a price. Drink a nice glass of cold water and swallow it with your "lose" pill. It will make you smarter next time.

I don't know why you mentioned DICE here, we're here on the Trading Discussion and not on the Gambling Discussion, the loss that we are talking about here is loss of profits in Trading altcoins. So getting back to the topic, dealing loses in Trading is a hard thing to do, especially when you have invested big amount of money on that coin, so, to deal with it, I'm just accepting the fact that I missed the opportunity to have bigger profits by not selling it on its PUMP state.

And I'm going to hold it again and wait for another PUMP to sell it and buy another token that I will be using on my next Trade.
full member
Activity: 462
Merit: 103
September 22, 2017, 12:55:37 PM
During the whole September the most time I had to deal with loss. However I stil believe in price pump in the nearest time to finally sell my ETH, LTC etc. Which were bought in the beginning of September

These are not worst alts.)
I have in my bag such presents, as LBC, ETC, GBYTE, DGB and so on... And that's really sad...(
sr. member
Activity: 336
Merit: 250
September 22, 2017, 11:59:56 AM
During the whole September the most time I had to deal with loss. However I stil believe in price pump in the nearest time to finally sell my ETH, LTC etc. Which were bought in the beginning of September
hero member
Activity: 1400
Merit: 571
September 22, 2017, 11:51:18 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?


 We shall consider that sometimes there is a loss in trading therefore I will sell my affected altcoins then i will start to invest for a new one because we need to keep going , we need to take action because the only person in charge of your success is you. Make peace with your losses so they won't disturb your future.  Smiley Smiley

We should consider this kind of things in the very start, there are loss every where, whatever we are doing in our life does have loss, without losing anything, we won't have anything in return also, I mean, if we are not going to stumble down, then we are going to learn how to be strong, same in Trading, if you have lost something, your capital? then think of a reason on how you could get it back, and not going to quit Trading because you failed for the first time.
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