How do you deal with loss? - page 8.

Vanshenz

full member

Activity: 462

Merit: 101

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 face the loss patiently and hold, as long as the price is still below and has not risen then I will hold forever, because if I panic selling then I will loss, so the key to success in trading if the price fall must hold until the price back up again, otherwise like that then the loss will be obtained.

bogacola

member

Activity: 406

Merit: 12

The basic thing in crypto market is maintain a wide portfolio. Don't keep all eggs in one basket. And second rule is don't ever sell for losses. If you wait enough time, the time may be 1 HR or 1 day or 1 month.They will definitely rise(major coins)

MarkingLand

newbie

Activity: 92

Merit: 0

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?

For me when bitcoin prices drop dramatically, I will try to analyze various aspects if there is still a possibility of bitcoin prices going up one day, then I will wait, but when market analysis no longer has any hope of rising, I will sell it.

BobBct

sr. member

Activity: 616

Merit: 250

Set a cutloss or a stoploss so that you can lessen you losses which can be a benefit because you will sell and not loose alot from that loss trade but of course sometimes the market is against us and will pump after we hit our cutloss.

waldenari777

member

Activity: 118

Merit: 10

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?

Be patient and try to improve the strategy in order to gain profits in the next trade. When you lose, just move on and be positive, that you will get enough profit next time enough to cover your loss and put in mind that next time you should be wiser

davidroux

sr. member

Activity: 625

Merit: 250

io.ezystayz.com

lossing money is a part to your success in trading, so just consider lossing money is a fee that you take the trading lessons to master trading. when you loss money, you should take a rest before you buy or sell

tomkat

hero member

Activity: 1022

Merit: 507

Quote from: Vaculin on February 28, 2018, 12:02:24 AM

Quote from: Jhaypril05 on February 27, 2018, 11:56:29 PM

In holding your alts, you need to have more patience with it. If you think the coin you bought and fall hard just cut your loss and buy another alts that you think can give you profit and return your loss back.

Patience is always said in crypto because satoshi made the original term HODL if I am not mistaken.
This message is telling us to trust his invention and hold, we will not lose money if we have the patience because crypto is growing in popularity.

The term HODL wasn't created by satoshi - it came out in this thread https://bitcointalksearch.org/topic/i-am-hodling-375643 for the first time

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Fatunad on March 01, 2018, 05:24:24 PM

Quote from: akram143 on March 01, 2018, 12:46:04 PM

Quote from: Marrying_Couch on March 01, 2018, 06:58:54 AM

this is a difficult decision, if it happens to me personally, then I will look for other projects to reduce my losses, it is not mundah, need a strong mentality and smart personality, we may not continue to wait for uncertainty, then we must rise again and start from scratch. All will never know if we never try.

In difficult situation like a loss and uncomfortable stage in investment i keep calm and patience this is the only way to get back from that situation at that point our decision is very important we need to take the right decision this will helps you in your future.

Keeping yourself calm into these kind of situations is always been a good thing to do because this would really ease or avoid the possible things that you might done if you do decide to proceed further more.Dealing loss of money wont really be an easy thing but we should really expect these kind of scenarios since we do all know that we are here to invest and making money and we do know that there would be always a risk.We should know how to handle these times.

You will be calm when you really know what you are doing and you trust yourself that you will be successful.
In trading, loss is inevitable so you have to fully accept that but your purpose should be for long term to develop yourself and be more consistent
so in the later run you will get your expectation.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: akram143 on March 01, 2018, 12:46:04 PM

Quote from: Marrying_Couch on March 01, 2018, 06:58:54 AM

this is a difficult decision, if it happens to me personally, then I will look for other projects to reduce my losses, it is not mundah, need a strong mentality and smart personality, we may not continue to wait for uncertainty, then we must rise again and start from scratch. All will never know if we never try.

In difficult situation like a loss and uncomfortable stage in investment i keep calm and patience this is the only way to get back from that situation at that point our decision is very important we need to take the right decision this will helps you in your future.

Keeping yourself calm into these kind of situations is always been a good thing to do because this would really ease or avoid the possible things that you might done if you do decide to proceed further more.Dealing loss of money wont really be an easy thing but we should really expect these kind of scenarios since we do all know that we are here to invest and making money and we do know that there would be always a risk.We should know how to handle these times.

Starone1

newbie

Activity: 139

Merit: 0

Quote from: akram143 on March 01, 2018, 12:46:04 PM

Quote from: Marrying_Couch on March 01, 2018, 06:58:54 AM

this is a difficult decision, if it happens to me personally, then I will look for other projects to reduce my losses, it is not mundah, need a strong mentality and smart personality, we may not continue to wait for uncertainty, then we must rise again and start from scratch. All will never know if we never try.

In difficult situation like a loss and uncomfortable stage in investment i keep calm and patience this is the only way to get back from that situation at that point our decision is very important we need to take the right decision this will helps you in your future.

You are doing really good because in bitcoin or any crypto currency your patience is your real power which will make you get high profit, if the market is going down it is for temporary time not for the permanent so no need to be worry and don’t panic it, just keep calm and if you have some more capital invest and buy more bitcoin at cheap price, it will be well and good; bitcoin is best thing you can have for your future because it has the all abilities to change your status of life and to enhance the earning for you, so hold bitcoin even in the worst condition it will recover its position soon.

Olalomi

member

Activity: 490

Merit: 12

My in my trading strategy there is room for a stop loss which take care of any loss bearing in mind that I trade with 2% of my total investment therefore losing a trade is not going to have any effect on my investment and not a big deal to me.

kingthuan

newbie

Activity: 101

Merit: 0

Cut lost as soon as possible. DCA if in up trend and cut loss when down trend

akram143

full member

Activity: 1106

Merit: 166

★777Coin.com★ Fun BTC Casino!

Quote from: Marrying_Couch on March 01, 2018, 06:58:54 AM

this is a difficult decision, if it happens to me personally, then I will look for other projects to reduce my losses, it is not mundah, need a strong mentality and smart personality, we may not continue to wait for uncertainty, then we must rise again and start from scratch. All will never know if we never try.

In difficult situation like a loss and uncomfortable stage in investment i keep calm and patience this is the only way to get back from that situation at that point our decision is very important we need to take the right decision this will helps you in your future.

mega

hero member

Activity: 812

Merit: 500

Loss is part of any investment we can not stop it but ewe can minimize it by rational decisions,The resaon behind the loss is investment in bad coins or panic selling or investment at one place. Investment should in stable coin and hold till maximize the profit,No need to sell early and if market go down buy more to recover the losses.

bestr17

member

Activity: 89

Merit: 10

Everything creates an experience and if you are patient sooner or later you achieve what you want. Obviously you have to improve, but always think ahead. It's like when we are kids and we believe that 10 dollars is a lot of money, there comes a point where we realize that it is not much. The same will happen with what you manage today, if you propose something big of course.

Lhanofclover

newbie

Activity: 102

Merit: 0

How i deal with losses? I just forget that bad trade that made my day bad. If i always think of the losses it will only a distraction in my trading. I just move on and always think that i will recover that in the following trades or day.

kripto para

hero member

Activity: 644

Merit: 501

You have to accept them and see where you were wrong and do better the next time. Also make sure you have stop-losses set and don't go in with all of your money in one coin.

MAJICOIN

full member

Activity: 364

Merit: 100

It is normal in trading that some time you will face losses and sometime you will get profits it is up to your mental abilities that how you can trade in the market like every trader is looking to the market demand and people interest and if you get losses then it will curious you about the future and you can earn good amount in the future . if you diversify your risk then you can deal with losses like from one side you will receive loss while on the other side you can get good profits.

miang

member

Activity: 196

Merit: 16

For me i also experience that especially in some scam coins all of a sudden being dump or lets say its not an scam alt but its normal .
I would rather sell it rather than to be a bag holder if i .So the point there is don't invest too much if you aren't ready to lose how much you invested although trading is coming with those risk but you can make lessen the risk .

Marrying_Couch

newbie

Activity: 182

Merit: 0

this is a difficult decision, if it happens to me personally, then I will look for other projects to reduce my losses, it is not mundah, need a strong mentality and smart personality, we may not continue to wait for uncertainty, then we must rise again and start from scratch. All will never know if we never try.

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