How do you deal with loss? - page 65.

shirazteam110

member

Activity: 70

Merit: 10

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 ,,,

Zemangat

full member

Activity: 224

Merit: 100

Me if you invest a fojus to one altcoin only. Use the capital you have to buy a good altcoin for trading. If you just focus on the coins you always lose because of your altcoin. You will be stuck in the defeat. And consequently you will experience a massive defeat. If i experience it i will pause. And evaluate every defeat I've ever done. Maybe I will switch to investing instead of trading .. I might try to invest in mining ..

gingerxlady

newbie

Activity: 32

Merit: 0

I just accept it as it is. A loss is a loss.
Just get it right next time and bounce back.

I have have had some losses at Paxful wherein my prediction of
the Increase or decrease in price was wrong or the person's rate is too high and I had bought Impulsively
just to get things moving.

Bottomline:Make it a learning experience.

DuaLipa

full member

Activity: 198

Merit: 100

Quote from: ipanks on July 15, 2017, 10:33:07 AM

i am dealing with loss by doing buy order again at lower price for 3 or more buy order until i think i can make profit or at least i can reach BEP. so far, if i have a loss in one coin, i will trying to recover by searching another chance to reach profit. sometime this is work but the other time is not work, its depend with the trend of the coin.

Yeah that's a good one, let's look at how I'm dealing with loss. When we earn money or bitcoin, that's okay right? So what is wrong with loss? Why do you guys see loss as the end of the world?

Let's wake up and see the reality please. This is not a board game.

Amevalentine

sr. member

Activity: 826

Merit: 250

profit/loss is apart of trading.
as wise-man said. do not invest on what you doesn't ready to losing.

Fulmand

sr. member

Activity: 568

Merit: 250

Quote from: d0flaming0 on July 19, 2017, 04:35:36 AM

Quote from: LouVandetta on July 18, 2017, 10:07:53 PM

Loss, huh?
We as traders cannot be separated from it.

If I make a loss on my trading, it means that I'm still lack of experience.
Just move on and keep learning. That's what I've been doing untill now.

Right on the spot my friend. It doesnt mean you totally lose all your money, if it is still can be coped up then sell it while its hot or hold it till ot rises back. To become successful you must learn first how to fail and what is the feeling to fail, because of not, then your not afraid to lose then. Most failures are coming from lack of experiences as what you said, and its true that unless you move on and study you will just keep repeating on losing until you learn and learn.

Yes it make sense. It may lose to some cases but it rises again when it has a chance to resolve thay had lost. Experience is not an issue there what's more important is learning continues though at times you will experience failure but the failure will serve as a stepping stone to reach your success for the right time. In dealing it you have to stay firm because there is a guarantee that it will rise again. And, there's nothing to worry about it just stay positive and be ready for the probable cases.

d0flaming0

sr. member

Activity: 402

Merit: 250

Quote from: LouVandetta on July 18, 2017, 10:07:53 PM

Loss, huh?
We as traders cannot be separated from it.

If I make a loss on my trading, it means that I'm still lack of experience.
Just move on and keep learning. That's what I've been doing untill now.

Right on the spot my friend. It doesnt mean you totally lose all your money, if it is still can be coped up then sell it while its hot or hold it till ot rises back. To become successful you must learn first how to fail and what is the feeling to fail, because of not, then your not afraid to lose then. Most failures are coming from lack of experiences as what you said, and its true that unless you move on and study you will just keep repeating on losing until you learn and learn.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Wildwest on July 18, 2017, 11:34:10 PM

Quote from: Gandam23 on July 18, 2017, 10:29:41 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?

I hold if my trrading are about to be loss. I don't trade if it's disadvantage for me so I can escape the continuous dump. I tend to focus more on other currency if on currency I'm holding dumps so I can recover that loss while waiting.

The point is holding is the best option to deal with it. I really loss if I sell when not as expected.

Thats a good way to deal with it also. Esprcially if you're the emotional type. Making decisions while you're still reeling from a loss can make things a lot worse. So sometimes its best to just stay away from all of it. It would give you time to recover your wits and make more logical and sound decisions.

Wildwest

sr. member

Activity: 1701

Merit: 308

Quote from: Gandam23 on July 18, 2017, 10:29:41 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?

I hold if my trrading are about to be loss. I don't trade if it's disadvantage for me so I can escape the continuous dump. I tend to focus more on other currency if on currency I'm holding dumps so I can recover that loss while waiting.

The point is holding is the best option to deal with it. I really loss if I sell when not as expected.

Gandam23

full member

Activity: 424

Merit: 108

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 hold if my trrading are about to be loss. I don't trade if it's disadvantage for me so I can escape the continuous dump. I tend to focus more on other currency if on currency I'm holding dumps so I can recover that loss while waiting.

LouVandetta

sr. member

Activity: 602

Merit: 253

Loss, huh?
We as traders cannot be separated from it.

If I make a loss on my trading, it means that I'm still lack of experience.
Just move on and keep learning. That's what I've been doing untill now.

rainingbitcoins

sr. member

Activity: 728

Merit: 252

SmartFi - EARN, LEND & TRADE

If I make a loss then I try to study and research more and try to develop more skills of trading and I take it positively and treat it as an learning experience and I make sure that I don't repeat the same mistake again in future and that is the best way to deal with loss as we should be aware that its not possible to make profits all the time.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: pueblos on July 17, 2017, 05:22:10 PM

Pump fresh money in BTC - Invest in shitcoins - hodl - cry - repeat

That's not good, we might make mistake once but we should be learning from our mistakes and take that as a lesson where it will help us improve our decision making the next time around. There are plenty of investment opportunities in crypto but a lot of scams as well so be smart all the time.

Chachacoin17

sr. member

Activity: 672

Merit: 250

Quote from: Bagaji on July 18, 2017, 05:10:52 PM

I don't believe anyone want to make looses in investment, but lost is another outcome in investment just like profit. As investor set up a percentage of profit margin so also there is for him or her to up a percentage of lost. In other words you need to set your take profit and stop lose. So when the market moves in your favour to your take profit, don't be greedy to wait thinking it will continue to move in your favour and vice-vercer. Money management is very key in managing looses.

Of course and I'm glad to hear that from you because money can be loss and out of your sight if you can't monitor the current price of your coin in the market. We could not think of being greed if price is good then you can sell your assets and take the profit. Don't wait for another chance for the price to hit up high, because in the worst case it might drop so low.

Bagaji

sr. member

Activity: 1330

Merit: 291

I don't believe anyone want to make looses in investment, but lost is another outcome in investment just like profit. As investor set up a percentage of profit margin so also there is for him or her to up a percentage of lost. In other words you need to set your take profit and stop lose. So when the market moves in your favour to your take profit, don't be greedy to wait thinking it will continue to move in your favour and vice-vercer. Money management is very key in managing looses.

pueblos

newbie

Activity: 34

Merit: 0

Pump fresh money in BTC - Invest in shitcoins - hodl - cry - repeat

NullPoint

newbie

Activity: 12

Merit: 0

I'm sad about my loss but I keep in mind that this whole thing is volatile and I didn't invest more than I could at this time. But I think its important to reflect my trades and learn something from my mistakes. Never the less maybe I will do some profit in future.

mrBTCman

jr. member

Activity: 80

Merit: 1

In order not to lose it's necessary to make a grounded research before investing. But of course things happen and when the value goes down I am more likely to wait for a while.

BarbieCasino

sr. member

Activity: 612

Merit: 250

Quote from: Rosabel on July 17, 2017, 06:09:14 AM

Wait and Keep on Waiting in Hope
That it will be Bounce Back up and return your investment Double Cheesy

yes thats right decesion because if you 99% loss not consider in loss and wait for bounce back and learn from loss it will reaching you toward seccess and then you will not be loss.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: Rosabel on July 17, 2017, 06:09:14 AM

Wait and Keep on Waiting in Hope
That it will be Bounce Back up and return your investment Double Cheesy

that's always possible inside crypto, bouncing back is just a blink of an eye, that's how profitable yet so risky
I always think of it as charge to experience every time I got in a bad position.

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