Topic: how to manage losses? - page 14. (Read 26436 times)
Crypto currencies are volatile, therefore, the trustee can not be trusted. This is an incorrect error, comes from those who connect the concept of volatility with the crypto currency with a degree of confidence in crypto currencies in general.
I think that in order to reduce the risk and we must invest in only reliable projects. In addition, there should be several coins in your portfolio.
Good projects and diversification of the portfolio can greatly reduce risks and increase the potential profit. However, do not forget that you should invest only those funds with which you are not afraid to part in case of a bad outcome.
Trading does not like emotion. People earn here only with a cold mind, only calculation. Divide the money that you plan to invest in 7-12 most promising coins. Start investing in the market until it grows.
I think you need to be consistent and persistent. You also need to choose the price at which you will fix the loss and profit when buying an asset.
The main enemy of the trader in the market is fear and insecurity. If you are confident in your deal and do not place a stop loss, then you should not be afraid, but only wait for the price you want. Uncertain market very quickly throws away. Do not risk the amount more than you are ready to lose.
how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..
If you read the literature about the psychology of trading, you will learn how to behave in the market with the loss of your trading Deposit. Professional traders treat 2-5% of the loss normally, as the market provides an opportunity to earn 24 hours a day, 7 days a week thanks in.advance..
how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..
Beginners tend to experience stress due to the decrease in the cost of cryptocurrency in relation to fiat money. People with experience know that the growth follows decline, the main thing is not to sell their assets. thanks in.advance..
The best form of attack is offense. I will try to handle my losses before it comes by reducing my exposure to it, trade with funds I can afford to lose and tempering my excitement and expectations with reality of the cryptocurrency market.
first, i try to be stay cool, and lets positive thingking alive in my brain
after that i can think positively and can take a good decision to manage lose, fix what is the mistake, and create a plan to do
after that i can think positively and can take a good decision to manage lose, fix what is the mistake, and create a plan to do
the big advice would be don't be in a hurry just be calm and wait for the right opportunity than only you can cover your loses
So many rules apply to transactions. First, never invest all your money, but if you can afford all your money, no problem. But the golden rule is not to invest in losses you can't afford. With this, I absolutely believe that failure is minimized. Even if the market falls, you will not panic, because you have never invested all the funds.
There are some different ways to manage risks and manage losses when you trade on exchange. For example, this is diversification, use of stop-loss orders, etc.
If you wanna to know how to manage losses thats important is dont be greed, control yourself if you get more money or if you loss your money. so use money management. if you do that you can to be professional investment or trading.
Diversifying your coins will not protect you from loss if the whole market is declining .
You can short your coins, wait until the price drops and buy back cheaper, however in current
market situation where we are supposed to be near to the bottom it does not have much sense either.
You can short your coins, wait until the price drops and buy back cheaper, however in current
market situation where we are supposed to be near to the bottom it does not have much sense either.
I think that in order to reduce the risk and we must invest in only reliable projects. In addition, there should be several coins in your portfolio.
When I invested in cryptocurrencies I imagined that I was just losing this money. This is very much helps to cope with the experiences when I see that my coins have fallen very much in price.
how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..
I think the best way to reduce the losses is to sell altcoins and transfer all your funds to Fiat. And then buy cheap altcoins when the market starts to grow. thanks in.advance..
First of all,you need to stay calm, if you have not sold anything, you have not lost anything, there are profits and losses in trading, it is better to buy and wait.
Well, I have invested in cryptocurrency is not the last money to look at it and pray that it has grown again is an investment and it should be considered
The stress of losing money when the cryptocurrency market is down is for real. If you do not plan ahead and temper your expectations with dose of reality, you could harm yourself with regrets that could lead to depression. Invest what you can afford to lose and don't be overly optimistic!
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