Topic: how to manage losses? - page 28. (Read 26513 times)
First of all, don't panic and don't lose your fighting spirit. At this time, you need to calmly and rationally analyze, seize the next opportunity to avoid the same mistakes happening again, and do as much as possible within your own ability.
One way to overcome the losses we have experienced is to continue to work and not just focus on one thing, because every effort we do will definitely have results even though there must be patience.
Don't make decisions because of temporary market volatility. Whether it's investing or selling, you need to do a careful observation and wait patiently, rather than panic when there is a loss. Investors must have a good investment mentality.
Personally, I think the best way to manage loss when the market is down is to continue holding until the market will recover as that is the only time to coin will rise to a reasonable value and then you can sell. If you have spare fiat,you can buy more at that period because the price will be low and if you have a coin that you do not really trust the potentials, you can sell and then buy you desired coin and hold.
Everyone suffers periodic errors and losses in trade, in my opinion. Try not to invest a large amount of capital into one project
Most of the altcoins I invest in are developed on the Ethereum. When the market falls, their prices will almost fall at the same time. My approach is to continue to let them sleep in my wallet, even if I sell them. Can't recover the loss!
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..
thanks in.advance..
There isn't much we can do, except to wait. But I think there are still many opportunities on new coins / tokens, and you can trade to share your focus, because stress usually occurs because we are too hopeful for instant change. So I think diversification in many crypto types is enough to survive in this field.
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 understand you, it is not easy, especially in the current situationthanks in.advance..
the most likely thing is to sell and wait until the situation returns conducive
To manage losses you have to have a dedicated habit and a hide to correction attitude
I think that it is not as easy as ABC but there is nothing impossible. You should learn how to manage losses effectively getting the advice of experienced traders. I think that it will be like this
I think you should put a stop loss every time you feel it is unstable so you can minimize the loss. This is also a basic skill for every trader in the crypto market. Otherwise you will become the holder
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..
thanks in.advance..
Stress usually occurs when we see the market, so it's actually easy to avoid it. What is certain is that the portfolio will not return in one night, but if you have a good coin, it's only a matter of time until you regain your losses. So wait, and maybe it can be easier by investing in other fields.
The value of the coin you have might be. Going down, but always have it in mind that the only time you make actual losses is when you sell these particular coins. The figures are just. Market values that changes with the market conditions. All you have to e to do is not sell, especially if you are to sell cheap, that means you will make losses
Investing in this falling market, I think if you want to keep our losses to a minimum, be patient and don't sell when prices fall. Wait until the price picks up and sell again.
To manage your losses its better if you're going to invest just a little amount only or if you have holding potential crypto then be patient wait until the value rise again. Also don't sell when the market is falling because surely you will get less profit, its better if you hold for a while so you'll might possible can get higher profit especially when your crypto is one of the top or have potential. Also dont invest all your money its better to split in ohter crypto that havr potential and just small amount only, so the risk is lower.
Investing in this falling market, I think if you want to keep our losses to a minimum, be patient and don't sell when prices fall. Wait until the price picks up and sell again.
In this job never invest your all savings.Always invest some part of your savings. So you can afford the lose .Never take stress.Do research and have patience.Bitcoin and Ethereum are the best choice for investment.
It is always sad feelings to loss or see a potential coin drop so low. I had such experience at a time and it taught me a big lesson. Once I have any crypto now, what I do right away is to monitor the market changes for a day or few hours then divide the coin into two, sell one part right away and hold the second half so that if it rise s again I won't loss and if it drops low, I won't feel it much. Alternatively trading the coin is another option though it has to be carefully done with all understanding. Though the best option is divide and sell.
When I invest in some coins or projects, I will know all the knowledge and background that I need to invest in advance. I will also understand the risks I need to take. The risks are beyond my ability. I will not Going to invest, so when my investment fails, my losses are within my predictions, and I will not have too much sadness.
in such situations, I am very nervous and worry that the price will continue to decline ... I don't know how to relieve stress.
To be able to overcome when I find such a situation, I will see the prospect of my coin first, if the coin is worthy of being detained in the long term and can produce comparable results, then I will hold it back. However, if I think he is not worthy, I will divert it to another coin that is far more feasible. I will also diversify to several potential points in the future.
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