Topic: how to manage losses? - page 37. (Read 26548 times)
I have learnt that with the crypto market, there are going to be wins as well as losses. This I learnt even before engaging myself in the trade, and that has helped me a great deal. Even though it is always so painful to lose some funds, I don't beat myself too much about it cos it is something I'm aware of that is bound to happen. I gather my losses, go into investing again, this time, more careful.
As for me, I have decided to spread my investments into different coins and different exchanges so that if one fails, I will not feel the impact too much. I recently lost some coins when OctaEx disappeared. But thank God all my trading orders were not on it.
If you didn't sell your coins you are not in loss. Yes, you had chance to sell it when it was in high price, but you didn't do it, so there is no need to regret it and to count how much you could earn.
Yeah, if you sell when you're at loss you'll never have the chance to recover although sometimes cutting your loses is the best option but that's rarely needed when you invest in top10 coins. They fall but they also rise again.
If you didn't sell your coins you are not in loss. Yes, you had chance to sell it when it was in high price, but you didn't do it, so there is no need to regret it and to count how much you could earn.
If you invest in crypto or are engaged in day trading, you should understand that losses are part of the game. Most of the failed trades or investors in failed projects will be overlapped by good deals or you will not become a successful trader / investor for a long time.
And the fact that you are coping with the loss zone will determine your level of experience and profit.
And the fact that you are coping with the loss zone will determine your level of experience and profit.
Managing losses involves in investment involves a whole lot. One need to be smart on the market and always be on his guard. Only sell when you know there will be some profit and don't sell to lose.
first i dont think about it just try to forgot,peoples made mistakes we all are humans,not robots and learn from mistakes what we do not matter its traiding,ico invest or betting,just calm down and start again doing ur job what u like and be cereful next time!
for me mate there is no losses if you sell your coin on dump price. coins that are just in a wallet that you still holding even if the price is 100% dump rightnow are still alive. except if you let go them and sell it on a lower price. so if you like not to have losses better to keep them at the moment. dont lose hope, if you are still holding it.
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..
Regret and recover after losses, we must learn In our mistake. Investing In a single altcoin was not really good Idea, So In my opinion much better If you diversify your Investment Into different altcoin. To have more chance earning a profits.
Losses is just a part of the game. Everyone have losses, and you should just cut it as fast as you can. Everyone is making mistakes, it's normal. And do not try to recap after loss, because there a high risk you will lose - emotions is a worst thing in what we are doing!
In order to manage risks, you must buy several different coins. I think that you have already heard many times that you can not buy one coin for your entire deposit.
It's unrealistic to manage the loss of hearing about such people when they were selling and investing in a better perspective but these are unlikely!
it depends on how you lose it, I do lose almost 3k$ recently and its do makes me sad but i really think this is a long term investment so i do still have a hope on this coin that makes me lose so much. I do believe this is a good project so im not afraid to lose more and i believe there will be gain in next month. The best way i think to get over losses that happening is just getting used to it cause something that happened cant be changes anymore. The thing that you can do are to try gain profit and not do the same mistake.
I think if people stick to the rule of investing what they are capable of handling when they lose it that would help reduce the rate of heart failures and shock that comes with lossing money.For me i invest what i can lose confidently.
That way, whatever happens you don't need to get stressed. Life is short and we really shouldn't worry about little things like shitcoins. Better to be safe and just invest in blue chips like bitcoin or ethereum.
There are some coins that you can hold for long term and these coins will be very high in future I.E eth and btc .. so I always prefer to keep 60 % of your investment in these coins. For the coins you are loosinf I would suggest you to keep more buying at low prices to make your average price low but you should trust in project.
If I lost in investing crypto I just stroked my chest and talking to myself, I have not been lucky and I have to try again. because from the first I enter the world of cryptocurancy I know this risk, and I will stress if I always think about losses, I better try again to cover up my losses in the past.
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..
first things first, I dont make myself stressed, because if I think too hard, it will cause panic selling, I must stay cool and think the right thing to do. must not think about losses, must think positive. 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..
thanks in.advance..
Diversification is always good as a general investment principle and risk reduction, but in case of the bear market we just had (or still have?
) it does not help a lot as the whole market goes down. But if you followed another investment principle valid especially for high-risk investments such as crypto, i.e. do not invest what you cannot afford to lose, then you should be quite ok. The only risk you take is to lose some extra money which you do not necessarily need for your living. And one more thing to remember - if you do not sell, you do not lose 
So careful with panic sells 
Main elements in managing of losses are your analyzing, making right decisions and being patient. What is more, luck takes place here as well don't forget it.
When something happened that you haven't anticipated and you don't know how it happened you say it's luck. Well it's not, it's just your lack of knowledge.
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