How do you deal with loss? - page 64.

gabbie2010

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Quote from: pressureonme on July 24, 2017, 03:54:09 PM

Quote from: Rizky Aditya on July 24, 2017, 03:42:15 PM

Quote from: shirazteam110 on July 20, 2017, 07:02:45 PM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 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?

Don't invest in any coin untill you have read about the coin . like if coin is premined then for sure you will loss
if you are buying at the pump . then for sure u will loss
Be care full ,,,

See, profit and loss is the part of business just like in any game winning and losing are its parts so if some team loss any game they didn’t quite they strike that team again with ore practice and strength so use same strategy in trading if you lose then use your all sources and thoughts to encounter this loss.

I can't accept loss and I have to make my profit every time when I trade. This is my motto. When I made loss, I instantly jump into another altcoin to cure my loss. Sometimes I make loss in a row becasue of this behaviour.

There is no way to consistently make profits without incurring some losses, losing is a part in trading the slogan is 'trade with the amount of money you can afford to lose' this will help in reducing the emotions attached to trading, except you traded with the whole investment to trade, then there may a problem when losses occurred.

pressureonme

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Quote from: Rizky Aditya on July 24, 2017, 03:42:15 PM

Quote from: shirazteam110 on July 20, 2017, 07:02:45 PM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 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?

Don't invest in any coin untill you have read about the coin . like if coin is premined then for sure you will loss
if you are buying at the pump . then for sure u will loss
Be care full ,,,

See, profit and loss is the part of business just like in any game winning and losing are its parts so if some team loss any game they didn’t quite they strike that team again with ore practice and strength so use same strategy in trading if you lose then use your all sources and thoughts to encounter this loss.

I can't accept loss and I have to make my profit every time when I trade. This is my motto. When I made loss, I instantly jump into another altcoin to cure my loss. Sometimes I make loss in a row becasue of this behaviour.

Rizky Aditya

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Quote from: shirazteam110 on July 20, 2017, 07:02:45 PM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 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?

Don't invest in any coin untill you have read about the coin . like if coin is premined then for sure you will loss
if you are buying at the pump . then for sure u will loss
Be care full ,,,

See, profit and loss is the part of business just like in any game winning and losing are its parts so if some team loss any game they didn’t quite they strike that team again with ore practice and strength so use same strategy in trading if you lose then use your all sources and thoughts to encounter this loss.

Boov

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 should expect some loss in the first place. It is part of trading. You cannot expect to gain all the time. You should always calculate the possible loss before investing. It's as important as the profit in making investment decision. Dont invest more than what you could lost.
If that is the situation then, i suggest you hold some and sell some of whats left on your bitcoin. In that way, you would have a win-win situation no matter how the circumstance might turn. You wont lose it all. Also, if this really happened, and i believe it is true to some, take this loss as a lesson and learn from it. Investment is a verry cunning world. You have to be careful and brave enough.

fanbeila

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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?

Altcoin market is highly volatile.So in order to avoid such critical situations,you have to do a thorough analysis of altcoins before investment and find the most under valued altcoin so that even if the coin price falls,you could remain cool with hope that its price would soon recover.

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Quote from: eann014 on July 24, 2017, 05:37:51 AM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 will wait for it, because I think there is a Time that it will actually increase again. Just believe, and wait and ve patient because once we trade we need to have more patience for us to earn a lot of profit.

Right. The worst thing you can do after s loss would be to get carried away with your emotions. Best way to avoid that is to just stay away from it all at first. Give yourself time to recover. Everyone experiences losing and the way we react to that would be crucial because we are making decisions for our money. We should have a clear mind so its not really wise to do trading while emotions are still high after a loss

eann014

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 will wait for it, because I think there is a Time that it will actually increase again. Just believe, and wait and ve patient because once we trade we need to have more patience for us to earn a lot of profit.

shirazteam110

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if you lose dont sell your coin buy more and more then when it back sell and sell

GoodLuck2

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Quote from: xsaints128 on July 21, 2017, 07:10:09 AM

Quote from: AjithBtc on July 21, 2017, 07:01:06 AM

Quote from: Japinat on July 21, 2017, 02:00:43 AM

Quote from: reliable on July 21, 2017, 12:50:54 AM

Always set the stop loss whenever you are investing or trading. This will help you to minimize your loss and tension. Though there may be a chance that the prices may shoot back again but one should be able to take little risk in order to save from a huge loss if prices goes further down.

Sometimes even if we already think that we are good in trading there are days that will not work for us, hence we should accept that loses and try again.
Always think of the future because it's a long term journey and what is important is we will last in trading so we can improve for the future success.
We should not be emotional when trading because that is just a big hindrance for success, we use our mind only so we will have a smooth journey.

Yes, loss happens quite often and most of the time users experience loss just because of the carelessness in their trading activities. As from the early days people say experience is a great teacher, with trading too we need to gain more and more experience. This makes the user overcome loss and gain a sustained earning.

I agree with you a 100%

I will also agree with that completely. I never favor blaming crypto trading for losses. All depends on the investor. If the trader has sound knowledge of crypto world, he/she can make out large profit with bitcoins. Panicking is one of the major causes of being in loss with bitcoins. One should simply stay loyal to bitcoins when the market is facing downfall.

xsaints128

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Quote from: AjithBtc on July 21, 2017, 07:01:06 AM

Quote from: Japinat on July 21, 2017, 02:00:43 AM

Quote from: reliable on July 21, 2017, 12:50:54 AM

Always set the stop loss whenever you are investing or trading. This will help you to minimize your loss and tension. Though there may be a chance that the prices may shoot back again but one should be able to take little risk in order to save from a huge loss if prices goes further down.

Sometimes even if we already think that we are good in trading there are days that will not work for us, hence we should accept that loses and try again.
Always think of the future because it's a long term journey and what is important is we will last in trading so we can improve for the future success.
We should not be emotional when trading because that is just a big hindrance for success, we use our mind only so we will have a smooth journey.

Yes, loss happens quite often and most of the time users experience loss just because of the carelessness in their trading activities. As from the early days people say experience is a great teacher, with trading too we need to gain more and more experience. This makes the user overcome loss and gain a sustained earning.

I agree with you a 100%

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Quote from: Japinat on July 21, 2017, 02:00:43 AM

Quote from: reliable on July 21, 2017, 12:50:54 AM

Always set the stop loss whenever you are investing or trading. This will help you to minimize your loss and tension. Though there may be a chance that the prices may shoot back again but one should be able to take little risk in order to save from a huge loss if prices goes further down.

Sometimes even if we already think that we are good in trading there are days that will not work for us, hence we should accept that loses and try again.
Always think of the future because it's a long term journey and what is important is we will last in trading so we can improve for the future success.
We should not be emotional when trading because that is just a big hindrance for success, we use our mind only so we will have a smooth journey.

Yes, loss happens quite often and most of the time users experience loss just because of the carelessness in their trading activities. As from the early days people say experience is a great teacher, with trading too we need to gain more and more experience. This makes the user overcome loss and gain a sustained earning.

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Quote from: Japinat on July 21, 2017, 02:00:43 AM

Quote from: reliable on July 21, 2017, 12:50:54 AM

Always set the stop loss whenever you are investing or trading. This will help you to minimize your loss and tension. Though there may be a chance that the prices may shoot back again but one should be able to take little risk in order to save from a huge loss if prices goes further down.

Sometimes even if we already think that we are good in trading there are days that will not work for us, hence we should accept that loses and try again.
Always think of the future because it's a long term journey and what is important is we will last in trading so we can improve for the future success.
We should not be emotional when trading because that is just a big hindrance for success, we use our mind only so we will have a smooth journey.

you are right, if we are loses in that day, i think its still worth if we can hold and waiting until the price is back normal and even if the price is increase more. in cryptocurrency, there are up and down for bitcoin and altcoin so if we are in stuck in one price then i think we can try to hold for a while but if you really need your bitcoin, maybe your last decision is cut loss your altcoin but you need to calculate how much your loses so your bitcoin is not reduce too much than before you bought the coin.

aakeelr

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Invest in a regular fundamental coin backed by a strong team. Don't invest all in one project. Think and evaluate. Look at the project community how virant they are. How well are they updating the road maps and then take the call. If you go in a loss for some manner wait because if the project is good along with a focused team it will eye other investors and money will flow into it.

Do not invest in coins where its only abt masternodes and mining profits. One can make a quick buck there too but then its not for the long haul.

maxNIMFA

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Pay attention to psychological losses more that to financial.

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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?

Every time I gain loss, I tend to focus on what wrong decisions I made more than focusing on how I can recover my loss so I can figure it out where should I start.

Japinat

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Quote from: reliable on July 21, 2017, 12:50:54 AM

Always set the stop loss whenever you are investing or trading. This will help you to minimize your loss and tension. Though there may be a chance that the prices may shoot back again but one should be able to take little risk in order to save from a huge loss if prices goes further down.

Sometimes even if we already think that we are good in trading there are days that will not work for us, hence we should accept that loses and try again.
Always think of the future because it's a long term journey and what is important is we will last in trading so we can improve for the future success.
We should not be emotional when trading because that is just a big hindrance for success, we use our mind only so we will have a smooth journey.

reliable

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Always set the stop loss whenever you are investing or trading. This will help you to minimize your loss and tension. Though there may be a chance that the prices may shoot back again but one should be able to take little risk in order to save from a huge loss if prices goes further down.

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Quote from: okissabam on July 21, 2017, 12:22:03 AM

Actually what I did when I realized bitcoin and all the altcoins are dumping I stopped looking or even peaking at those trading sites so I won't be tempted to withdraw my holdings or whatever is left of it. So I will just hold them until August 1 is done then I'll take a look at some sites to see if they're trying to recover or what.

Yeah that is what happened with my altcoins too.
They are now just stucked in the trading sites hoping for a good increase after the fork.
We cant do much for now so we will just have to wait.

I deal with my loss saying to myself that it will just be another stepping stone for a good knowledge after that.
It may feel bad at start but when you get the ROI from that lost in whatever altcoins you will support next then it will be worth it.

okissabam

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Actually what I did when I realized bitcoin and all the altcoins are dumping I stopped looking or even peaking at those trading sites so I won't be tempted to withdraw my holdings or whatever is left of it. So I will just hold them until August 1 is done then I'll take a look at some sites to see if they're trying to recover or what.

instaexchanges

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Never ever panic on losses otherwise you will get more loss, always accept losses and forgets them.

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