Topic: how to manage losses? - page 51. (Read 26513 times)
The most important thing in investing in crypto currency is patience. Crypto indeed the price up and down can not be predicted, therefore we need extra patience and should be able to see the development of the currency crypto every time.
Whenever you are in a loss situation , you are scared and paranoic, but at that moment you should be as calm as possible to make wise decisions.When the market goes down,you can continue to invest in other cryptos and hope the market will recover, and the crypto will rise again. Be calm and patient to pursue the market.
The most important thing is the containment of panic moods and attempts to get out of the game into negative. Now the market is so unstable that the very best tactic of curbing cash losses will be precisely the retention of all assets. If the assets are too many, then it is best to separate prospective projects from empty ones, and then look for only projects that look promising.
To effectively manage your losses, you first need to play not with credit money. And also not on last money. Money should only be those that you are not afraid of losing completely. Otherwise, the psychological state will provoke terrible mistakes.
to cope up with losses, I buy more by doing dollar cost averaging, But I buy more little by little not one time big time because we dont know when the dip will last so every big dip , I still have money to buy more tokens.
Use stop-loss ordrers! It's the best way to the moon and lambo)
Yes, this is what I have done to all of my Crypto assets. I usually trade in Bittrex, and there is a stop-loss function.
You have not lost anything yet. Stop comparing the highest price with the current price. You will not sell at the top. You can not drain money. Compare only the highest position that will make you crazy. Invest just what you can lose. That way, no matter what happens you do not need stress. Life is short and we do not have to. Fear about small things like shitcoins.Aman and invest only in blue chips like Bitcoin or Ethereum.
To reduce losses it is necessary to get out of alts in bitcoin or USDT in time. To do this it is necessary to understand the market movement, to feel the trends. And of course to put stop-losses. This is very important.
Number 1 rule - buy low sell high don't ever sell when you see your coin is hitting down because it will recover again as long as the developers continue to pursue the development for their platform, believe in the coin you bought if it is a promising one with big potential. just hold
As per experts : only invest amount that you bear to loose.
Don't let your investment to make you cry later. We should do things i proper manners to keep everything easy.
If investment can make you cry later than don't invest that much amount.
Always do proper research before any investment.
Don't let your investment to make you cry later. We should do things i proper manners to keep everything easy.
If investment can make you cry later than don't invest that much amount.
Always do proper research before any investment.
I do agree with the statement, for me cryptocurrency is highly risky and volatile by nature, you have to strong and determine and fully equipped so as to avoid big amount of losses. I alwayws be patiently hold a potential coin when bearish moment and always optimistic and persistence that time will come that my coin ready to sell at a profitable.
I started from scratch, making all my money on the bounty companies, and only then I began to invest in different projects and try to trade on the stock exchange. So if I lose I think "Easy come, easy go. No big deal."
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..
Many people are afraid to once theres a dropping of market value of invested cryptocurrency but for It's easy to manage losses i will just keep on hold all the crypto until it recovers before selling it to gain big profit. thanks in.advance..
In this market there is everything and you need to be ready for everything so that you will earn and that you can lose everything, it is not surprising therefore it is best to keep the coins for a long period of time
Now the encryption market is falling and everyone will lose. But if you want to minimize the damage, this is not an easy task. First of all, you must keep calm, do not sell your cryptocurrency, you should continue to observe the market, patiently wait for the market to pick up.
You just seen that it down, but you are not selling, so you have no worry, if the altcoins that you have are having a big potentials that will in demand in the market then it would be increases sooner. You better hold and have patience.
usually I rest to calm my mind so as not to be too stressful to face the loss of money or investments that cause losses,
LOL,There is no way to do this, so I will not put most of the money into the encryption, which is really too dangerous.
As per experts : only invest amount that you bear to loose.
Don't let your investment to make you cry later. We should do things i proper manners to keep everything easy.
If investment can make you cry later than don't invest that much amount.
Always do proper research before any investment.
Don't let your investment to make you cry later. We should do things i proper manners to keep everything easy.
If investment can make you cry later than don't invest that much amount.
Always do proper research before any investment.
usually I rest to calm my mind so as not to be too stressful to face the loss of money or investments that cause losses,
You have not sold then you have not lost anything yet. Stop comparing the highest price with the current price. You do not sell at the top. Just invest what you are able to lose. That way, no matter what happens you do not need stress. Life is short and we do not have to worry about little things like shitcoins. Better to be safe and just invest in white chips like Bitcoin or Ethereum instead.
If you haven't sold the coin yet. So you don't lose anything, I suggest you choose to sell your coin at the top. No matter how long it takes, I believe it's worth it.
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