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Topic: How do you deal with loss? - page 60. (Read 52285 times)

full member
Activity: 223
Merit: 250
September 19, 2017, 03:04:03 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?


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. Smiley
sr. member
Activity: 546
Merit: 255
September 19, 2017, 12:56:58 PM
Making profit is the only solution when it comes to dealing with losses. First of all you should be firm enough with your decisions in order to prevent that scenario. In case you are in a hurry to get a particular thing and for that you face a loss , then you have to make sure that you are patient enough in the next trade to make profit that would nullify the loss.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
September 19, 2017, 12:54:12 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?

actually it is happening to me at this time, starting from china forbid ico, altcoin many throw their prices up to base. I am losing up to 50% of the starting price, and for now I prefer to wait and hold my coin until the price stabilizes again.
I think this is final choice for you, because if you accept your loss, you did not need to wait the price of them fall down and make you have a big loss as 50% of the starting price, you can sold it when the price still high and take loss ~5-10% in few weeks ago.
sr. member
Activity: 616
Merit: 250
September 19, 2017, 11:28:12 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?

actually it is happening to me at this time, starting from china forbid ico, altcoin many throw their prices up to base. I am losing up to 50% of the starting price, and for now I prefer to wait and hold my coin until the price stabilizes again.
hero member
Activity: 1022
Merit: 500
September 19, 2017, 11:27:11 AM
Nothing i must waiting next pump,to the death.
full member
Activity: 952
Merit: 104
September 19, 2017, 11:13:54 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.
hero member
Activity: 2520
Merit: 783
September 19, 2017, 10:59:07 AM
I don't experience loss very often because i don't check my holdings in cryptocurrencies but whenever i get a loss. I don't think that it is a bad thing that happened to me because in fact, i am good with it because i can learn new things that can develop the knowledge and the way of thinking by getting lessons from those mistakes or losses that will help me to become better.
full member
Activity: 168
Merit: 120
September 19, 2017, 10:53:46 AM
For now I cannot get any lost since I was starting in bitcoin society. But if I imagine that I'm getting lost, I think all I need to do is to hold my bitcoin or any altcoins. However if I'm getting lost for split time, I think I need to make a better decision on how I can recover my lost.
legendary
Activity: 1050
Merit: 1001
September 19, 2017, 10:50:41 AM
I think we will not be able to avoid the loss, because the trade is very risky price in the market quickly change change and not as expected, but when I already buy and its price fall I will sell it for and use the remaining capital and wait the price reaches the lowest point, when it arrives I will buy it and hold it until the price increases again, sometimes we have to dare to take the loss and make it as profit, if only wait I think will long produce profit
We do know about the risk of trading , you might get loss some of money you put on certain coins.
And since then you should have a clear plan on how you should accept any losses happened.
I personally simply do a bankroll management , accept your loss and create a new goal to cover the previous loss.
full member
Activity: 196
Merit: 122
September 19, 2017, 08:55:35 AM
Since i only have small amount of investment and i am the stage of learning on how to be good trader most of my capital will always loss but it was ok for me because it is a small amount of money and it will return more learning and i think i would start to gain profit on my next trade.
newbie
Activity: 47
Merit: 0
September 19, 2017, 08:41:47 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?


First I do not panic I had already a mindset that not all of my investments would really earn profits there is also the downside but i keep calm myself because my investments is not only focused to one coin I invested in different coins to be able to scattered my investments.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 18, 2017, 01:05:16 AM
I don't see it a loss if the market is down but if you sell it while the market is down, it is considered as a loss already.
With that kind of style you will not gonna last in the game, you only sell when you make profit and buy when there is a panic.
Doing things I mentioned all the time will surely bring your good profit for a trader, I know it's not easy to determine the timing but with proper practice and continues education that would be possible.
newbie
Activity: 32
Merit: 0
September 17, 2017, 09:21:25 PM
I don't see it a loss if the market is down but if you sell it while the market is down, it is considered as a loss already.
full member
Activity: 420
Merit: 100
September 17, 2017, 09:15:51 PM
Well if im having huge loses in the market, i just keep holding the coin... in my opinion it will go up eventually. Also i think that you cannot win every single trade, so in the case im losing money and i don't see any potential on the coin, i sell with some loses, you cannot be too greedy, if you are, you will become a holder thinking the price can go higher each time. Thats how i deal with them, hope it helps! Grin
full member
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
September 17, 2017, 04:27:50 PM
By letting it happened. I need to divert my mind and think of the things that someday i can have all my losses back and become more profitable in some other way or strategies. Focus on the positive things that bitcoin can give me and not of the things that I've lost.
sr. member
Activity: 406
Merit: 251
September 17, 2017, 03:03:06 PM
I think we will not be able to avoid the loss, because the trade is very risky price in the market quickly change change and not as expected, but when I already buy and its price fall I will sell it for and use the remaining capital and wait the price reaches the lowest point, when it arrives I will buy it and hold it until the price increases again, sometimes we have to dare to take the loss and make it as profit, if only wait I think will long produce profit
sr. member
Activity: 336
Merit: 260
September 17, 2017, 03:00:41 PM
If it wasn't for loss we would have been done a long time ago. We lose money every day. The key is to make more money than you lose. Even in gambling which is a losing proposition for minute one, there are wins and losses both. It is simply how the exchanges work and how the . Investment World works. I would say we have 50 to 100 losses a day and 200 to 500 gains every day.
I can't take as big deal my loss because, I set to my mind that when I loss my bitcoin I work much harder to put it back to me. Since I experienced to loss when I was gambled I think that I used my money or bitcoin into non sense game
legendary
Activity: 1190
Merit: 1024
September 17, 2017, 01:43:58 PM
If it wasn't for loss we would have been done a long time ago. We lose money every day. The key is to make more money than you lose. Even in gambling which is a losing proposition for minute one, there are wins and losses both. It is simply how the exchanges work and how the . Investment World works. I would say we have 50 to 100 losses a day and 200 to 500 gains every day.
hero member
Activity: 2674
Merit: 696
Dimon69
September 17, 2017, 12:46:00 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?

With this scenario or event all you need to to deal with this situation is wait for the bounce back. Your emotions can't help with it so i believe that you can be positive all the time. Dont make your emotions ruin your strategies in trading.

But sadly we cannot control sometimes our emotion if we see that there are bad things happening on bitcoins thats why we see some fallen of price and we actually experience mass panic selling by just now since we doesnt know on when would this coin pump and we are facing on unsure situation where big countries is involed.

Cause we cant control our emotions regarding on that situation no one can stay calm if there is but deep inside thay hurt. On that situation maybe acceptance is the only thing that you can do no matter what happen you will never stop even though you loss a lot but continuing for it thats an example of a good trader.
full member
Activity: 378
Merit: 100
When Football meets Crypto
September 17, 2017, 11:33:12 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?


What i do is hold and wait and hoping that the Alt coins would recover but it did not recover i will charge to experience but that won't stop me from investing. For every investment there is always gain or loss.

A trader with good analysis will not lose much of their coins because they are strategically thinking before investing. But if you are really out of luck then you might really lost a lot of coins. Its normal to lose your profit sometimes, So learn from your experience and do not do the same thing again.
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