Topic: how to manage losses? - page 39. (Read 26513 times)
by holding and in no hurry to take a decision. When prices go down much of the purchase price of all then don't panic to it. keep hold down only because of the number value for money only and not the number of owned assets. Crypto will not die in this time so no worries for crypto die in the near future.
In the next topic, the day before yesterday, a man wrote that he was leaving the market. That his nerves can no longer stand. He sells everything at a loss. That's the main thing so do not do it and everything will be fine.
I think this is our risk and we should know the risks when the initial join. And I myself have never experienced heavy losses and I only use a little capital. to manage stress so I will just create a strategy to recover the losses.
This is an exceptionally amend thought, however I'm worried about the possibility that that I won't have the capacity to state anything looking into the issue, I can't help suspecting this is an entire science that shows persistence and a right appraisal of the circumstance, today you can see a considerable measure of dangers in the cryptographic money market and it's valid.
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..
I never worry when the value of my assets falls, because I'm sure someday everything will go back up, I always think positive. because with positive thinking makes us much more calm.
There is no stress when you do not invest all the money in one altcoin, if now it is difficult to make money on the bear market
You should never stick to one coin, it wouldn't do you any good whatsoever. If a coin's price goes more than 5% down, I sell it. If it goes up, i have minor losses, if it goes down, i buy the coin back at a lower price.
5% is too steep, if I followed that trend I would have sold everything and re bought a hundred times over. I go with 10-15%. By the way whales tend to do that, make the coin dip for 10-15% and buy everything that was on stop loss.
One way is to only invest what you can afford to lose. Like that you will lose only minimum amount you won't miss and get stressed about. The other way is to invest only in Bitcoin and Ethereum or other good coins that don’t have a potential to fail.
When you get loss in any investment than not be desperate and panic and first observe what mistake done by you after that see the batter opportunity and invest again, like now a days a good time because coins prices low as bitcoin, so its good time to manage losses.
When you loss money, then not try to invest quickly, control your emotion and be patient as this market has very high volatility. If you have more funds to invest then average the cost of your purchase and wait for the market to recover. Never sell in panic, because it is always gives losses.
i'm not a long time hodler, i am more of a brief time period trader and maximum of the time an afternoon trader and if ever I suffer a loss, I shift to long term and look forward to the token or coin to recover. promoting at loss charge will not help you get better your losses, actually it'll bury you deeper into the hollow so prevent looking at the fee every so often because it tends to add up on your strain when you see no motion on the fee. decreasing your goal charge on while to promote will help you slowly recover your losses too.
If you have invested in a good coin or a token, then worrying about the corrections does not make sense. If you have invested in half a hefty token and it has fallen in price and is not recovering, then it is no longer worth worrying, it's too late. You need to worry at the stage of buying a token or a coin.
Honestly speaking its quite tough to manage the losses first of all you must have some capital too in your hand to buy more coins. My strategy is if you have a good potential coin in your portfolio & the value of that coin is dropped and you are quite confident for its growth. I would suggest you to buy more coins to reduce the total buying cost so that way when market will rise your losses will quickly reduced. I follow the same for some of my altcoins and I always diversified my coins I do not depend on a single coin.
you should always divide your portfolio.I would suggest that the daily transactions restore the loss and reserve some small profits, and restore your losses by buying the best way to get the best.
you should hold tokens if you have and start trading in new exchanges the are giving more benefits upon trading returning trading fees in tokens and more benefits for hold tokens .I have earned $200 in trading fees and $70 profit gain.
You should never stick to one coin, it wouldn't do you any good whatsoever. If a coin's price goes more than 5% down, I sell it. If it goes up, i have minor losses, if it goes down, i buy the coin back at a lower price.
Just relax, don't panic. Be patient and good things will happen. Market prices always goes up and down. It is not in your control. So, just be observant and be patient. Wait until the market turns green and sell your coin in that way you can recover your losses.
The loss is very difficult to manage. Loss and profit are the part of investment. Experiece will give us new learnings, Trading, Investing has it. Everything is normal unless we already have full knowledge how to handle every situation and keep our money growing, let's just keep calm and HODL but all the decision can be made by ourselves - we don't know what we're going through as a person in this cryptoworld.
You can manage losses by not investing money that you cannot afford to lose, be sure that you can control your emotions and you are ready also for whatever happens in your investment if this will gonna lose or having profits.
for me is so simple to avoiding losses, just hold and dont do daily trade, because daily trade is so dengerous on cryptocuurency market, holding much much better
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