Topic: how to manage losses? - page 42. (Read 26513 times)
I just never sell. I know that it's value is 5x or 10x less now compared the first time I bought it but what you just need to do is to never sell.
I buy those coins that fell after my purchase. Thus, I reduce the threshold after which I can go to breakeven. This is a very good strategy if you use it correctly and do not be greedy
We cannot control the price and we cannot get what we lose. It is a lesson to learn to always choose where we put our money. Read their websites, their goals on their coin and the seriousness of their work in the community.
Unfortunately, we can’t trade without any risks and stress therefore. To avoid it, you must be more attentive to the market and use reliable platforms for trading. For example, you can use Binance or KuCoin.
If the rate of your Altcoins falls, wait until it touches the bottom and then buy, thus you average your position.
First of all if you invest, be ready to lose, crypto is unexpected wheter you'll win or lose.
Every investment is definitely a risk we must face but we can minimize the risk of losing by investing a little, if I lose then I will keep trying but be more careful again and save some of my money and do not invest all my savings.
If you have not sold it, then you have not lost anything. As long as you still believe in this market, continue to hold your coin and patiently wait for the market to pick up, I believe it will rise again, and maybe it will exceed your expectations to reach new heights.
There are currencies with which you have not guessed and they have caused a loss. In this case, you should sell them and buy new ones.
Diversification can indeed diffuse the impact of risk on us. If my coin depreciates substantially, I'll get my cost back first.
In this falling market, no loss is impossible, but I think we can minimize our losses. I don't think there will be too much loss as long as we don't sell our cryptocurrency and wait patiently for the market to pick up.
I'll set the ratio of stop loss to stop profit. If I reach the target I set, I will choose to sell them. Although my strategy might not make a lot of money. But I can't lose a lot of money.
First rule of crypto market don't invest that money which you cannot afford to loose.Otherwise ready for suicide one day. Not in crypto but any investment which fluctuate with market invest your spare money and invest wisely not blindly. choose some good coins you want to invest take their previous detail of market and read their whitepaper and then think the future of that project, if found satisfactory then invest. so make diversify investment not invest in single coin you will found himself in better future ahead.
First of all, there's risk everytime you do trading or investing and then you encounter a losses both of it. In trading risk management includes the wise attitude never ever to go all in. What you should do, is excactly the opposite. Always trade with low percentages of what you own. Every trade includes the risk to lose money, so a single loss should never be too destructive concerning your total assets. Imagine you go all in and lose half of your Bitcoins in a clumsy single trade. Don’t ever let that happen. So a wise trader always takes only a small percentage of his/her capital for a single trade and then splits that again in some parts for different entries and take-profit-levels.
First rule of crypto market don't invest that money which you cannot afford to loose.Otherwise ready for suicide one day. Not in crypto but any investment which fluctuate with market invest your spare money and invest wisely not blindly. choose some good coins you want to invest take their previous detail of market and read their whitepaper and then think the future of that project, if found satisfactory then invest. so make diversify investment not invest in single coin you will found himself in better future ahead.
One of the things I learned from this forum is that you don't cut your losses until you're 100% sure. Otherwise you might miss out on a big opportunity. It's not over yet until you sell so just hold on to you coins/tokens. Leave it be and check back in a few months.
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 do not use my capital only on 1 altcoin in trading, so I very rarely lose money by a large amount. and if stress happens then I always treat it with more work that can make more money from losses that I experienced
if it happens so then i will not release token with loss, still i will hodl till the price goes up high and indeed it takes several months. in crypto I often play long term so it does not matter and if there is a chance up in the near future and pretty high rise why not sell half and then hodl again until the end of this year, because that's my strategy.
Are you actually making a realized loss in cryptos? Of course, this is the hardest situation of all. All you can do is see it as a lesson you paid for. Nothing is without value, and you will have learned something along the way. You gave something a try, and financially it didn't work out. You may not be out of the game, so you could be in profit in a few days or weeks' time. Or maybe you've just had enough. Fair play. Know that you're actually in a big group of people. Lots of people have faced your situation and come out the other side OK.
I think when you join any market then you should have knowledge of risk factor and when you start journey with market then you may always in positive attitude because you one decision can lost your investment. Please set your goal for long turm investment because it can give you chance to get more profit on your investment.
Be calm and optimistic it generally happens in trading that doesn't mean that you should sit ideal and think about your loss.Instead you should be more concious and work with more efficiency and knowledge to gain the profit and cover up your loss next time.
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