How do you deal with loss? - page 86.

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Quote from: lionheart78 on April 04, 2017, 06:21:03 PM

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 accept the fact that trade does not go well. And look for the things I missed in order for me to trade better next time. Any downfall in trades is a lesson learned for me. I simply not accept it without doing any reflection on things I have done. After pointing out my mistakes to myself is then I accept the fact of losing in the trading market.

And as the result you will realize that you should not go allin when trading.
You need a backup funds in case this worst scenario happened in the future later , yeaa you have to take it as a lesson.
Don't get angry and upset , keep optimistic and stay safe in the next session.

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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 accept the fact that trade does not go well. And look for the things I missed in order for me to trade better next time. Any downfall in trades is a lesson learned for me. I simply not accept it without doing any reflection on things I have done. After pointing out my mistakes to myself is then I accept the fact of losing in the trading market.

blackhawkeye1912

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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?

When you are in trading exchange you must scatter your capital investment in different coins so that your assets not only one. At least if you have a coins where the price crash at once still you have other assets that has been which you can a have a chance to recover your loss in trade.

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Quote from: Xenophoto on April 04, 2017, 11:29:17 AM

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 cry like a baby, make a thread in this forum, continuously rant about it, disagree with every single comment, and get triggered whenever they come up with a valid argument of course. Grin

Just kidding. Losing is a part of learning. You have heard about that a million times, I know. But that's the truth. We can never learn if we never lose something. I would rather have a trading journey full of "Oh well, at least I tried." than to have "I wish I have invested on that coin." Although most of the time you're going to end up waiting much longer than you thought, it's okay. That's the thing with trading. You wait and wait until you get the right time to sell your coin.

Sometimes I just sell it. Like what I did with my ICN. I sold it at 35k satoshi each even though the coin has a good potential. It has went down to 20k+ sats each and it was just playing around 20k to 30k for quite a time so I sold it. Today, the price of ICN is around 45k. It's kind of an "Ahh. I should've held the coin longer." but it's okay. I already earned some. We should always have that in mind. We should be content with what we have earned from trading even though we could've made more.

If u trust your discretion about your investment it will pay. it might take time but it will. Ask monero, incent investors etc. try to buy below ICO price, most times investor will try to push the price to the ICO price. Most projects have their time. The stage of coin development can also affect the fall in price, I also select some coin base on exchange listed, some exchange accept coin that they believe it should have prospect, such coin even if it falls it will still get its time to rise

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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?

Who would want to have a loss? But if it happens to me, the best course is to sell to cut my losses and move on to the next alt-coin to be pump.
The thing is how to bounce back after a loss, it may not mean getting your bitcoin back, but it does mean learning to survive in the most difficult times. And we all know that trading is a journey and just let your losing be part of your learning experience.

evilgreed

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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?

Actually you won't suffer loss if you have studied the alts the you were going invest to, If you had enough knowledge you wont be stupid enough to buy when the prices are at peak, next thing is its your choice if you will take losses and if you still don't want to lose you still have another choice which is to hold and wait til it the prices will go up.

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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 cry like a baby, make a thread in this forum, continuously rant about it, disagree with every single comment, and get triggered whenever they come up with a valid argument of course. Grin

Just kidding. Losing is a part of learning. You have heard about that a million times, I know. But that's the truth. We can never learn if we never lose something. I would rather have a trading journey full of "Oh well, at least I tried." than to have "I wish I have invested on that coin." Although most of the time you're going to end up waiting much longer than you thought, it's okay. That's the thing with trading. You wait and wait until you get the right time to sell your coin.

Sometimes I just sell it. Like what I did with my ICN. I sold it at 35k satoshi each even though the coin has a good potential. It has went down to 20k+ sats each and it was just playing around 20k to 30k for quite a time so I sold it. Today, the price of ICN is around 45k. It's kind of an "Ahh. I should've held the coin longer." but it's okay. I already earned some. We should always have that in mind. We should be content with what we have earned from trading even though we could've made more.

gribble

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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 have plan before entry in market and open positions buy or sell when trading altcoins
include how much taking profit from capital ( exit market )
and of course doing stop lost with sell the coins because no body can control the markets
we just can following the trend of markets.

icecube45

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If you make an investment or trade altcoin would be better if you do it on more than one coin, I'm sure many who suggest this to you. And must choose a coin that has a good performance. I think if prices fall, waiting for price to rise again it was not right choice. Be better if price has dropped some to do cut loss, at least if loss was not fully a loss.

Emoclaw

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It's simple, by not losing in the first place.
Know your shitcoins, don't invest in crap. If you see a steep decline you should sell as soon as possible, and maybe buy back at a lower price if you think the price will go up again.

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Quote from: tabas on April 04, 2017, 08:56:28 AM

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?

If this happens to me, I don't want to be triggered with my emotion because if I will go with it, possibility that I'll be losing my temper and worst thing will ever happen. It would be better if I'll do some thinking first and if I think that coin will never go up again, it's better to sell but if there's a chance that it will pump again, I'll just hold.

If you do have trust on the coin you bought then you will surely hold but if you think of cutting loses then you would definitely sell off just as simple as that.In my case if that would happen to me i would rather choose to hold a little bit more because everytime i chose a coin they do pump in upcoming months or years.

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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?

If this happens to me, I don't want to be triggered with my emotion because if I will go with it, possibility that I'll be losing my temper and worst thing will ever happen. It would be better if I'll do some thinking first and if I think that coin will never go up again, it's better to sell but if there's a chance that it will pump again, I'll just hold.

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You should never put all your trading in one item, and if somehow you already did it and experiencing loss, you should've cut loss and treat the loss as some experience and move on instead of holding with some false hope that it will go up again.

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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?

It actually happens on me on which i bought a particular altcoin which doesnt pump at all and i do really got frustrated on this kind of events on which having regrets that cant be remove on oneself and for sure all people do will feel this way.It depends on peoples intellect if he would decide to forget about the lose and just let it go and dont expect too much for making money out of it.

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it is a painful thing. if there is such a thing then I would immediately act, I will do a variety of ways so that I can protect my finances.
because without money I can not live a normal life. I will continue to work is fixed in order to protect my life and family.

audaciousbeing

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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?

Although I have not lost much but the few losses I have made, I think I pretty handle it well because I would say it didnt happen at once as it was a gradual decrease in what I had put in. I was waiting and waiting maybe the coin will pick up it went down further up to the point where the market volume was becoming nothing to write home about and I just counted my losses and bolt out.

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i choose sell and get whatever left of investment in altcoin while falling it's might rise will be more difficult and if you're too long keep is likely altcoin value will fall then so worthless.

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When I'm losing too much, I'm going to gym and it's help me very good. At the beginning I'm angry but after all I feel good

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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 really have to ask, do you ask only about cryptocurrency trading or about trading in general?
I dont have big experience in crypto trading, but I have been trading forex for some time ( I have stopped around 2 years ago, due to lack of time, however im getting back to it ).
Basically, I have been mostly scalping at fx markets, im that type of daytrader that tries to close his open orders as fast as it is possible.
For me, loss in trading doesn't necessarily means im affected by it: as a trader, I have to stay calm as long as possible, so I cannot be worried about the loss I just made.

It works great for me, but mostly because my average loss in fx trading is small- I always set up stoploss / takeprofit on 10 pips difference.

emezh10

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When I try the trading I know in my self that there's a possibilities that I can loss my money so that is a part of trading besides when I trade alt coin I invest in several coin I loss always that but I have winning too If I loss that is just small amount of my money that is my strategy when I am doing trading, So i suggest that don't Invest all your money in just one coin.

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