You will just need to forget about the coins that dropped and try to move on, otherwise you are going to keep losing more money in a long term vision, it happened to me already
Topic: how to manage losses? - page 62. (Read 26548 times)
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..
First of all before you will invest into any investment which involves money especially in this cyptocurrency you should know the risk and ready yourself because it is like you are gambling your money. Invest only what you think you can afford to lose, so that it may not hurt you that bad when you lost it but of course in order to earn you must take risk of investing, so I thin you need to have a thorough research before putting your money in. don't also sell if the market is red. don't be a panic seller because chances are you will get back your investment and double it if you only have trust in hodling. Be optimistic.
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..
In my opinion, everyone suffers periodic errors and losses in trade. In this case, the main thing is not to panic, and it is necessary to diversify your investments in order to reduce risks.
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..
In my opinion, everyone suffers periodic errors and losses in trade. In this case, the main thing is not to panic, and it is necessary to diversify your investments in order to reduce risks.
The loss is very difficult to manage. This kind of life is very sad. So I think that either you leave the market. Either you can wait for the next good time to invest again. Although this is a bit like a gamble.
In order not to cause yourself a mental trauma, take it as a rule not to think about what you are buying. Consider that you gave someone something. If it's hard for you, then do not do it. The risk is very high. This can be compared to a casino, it feels normal for anyone who comes to play and part with money without regret. Fortune loves such people.
loss is one of the risks that we should be ready to face positive thinking do not be too deep thinking, make the experience as a proverbial lesson says experience is a good teacher and failure is the beginning of success
this is a bad idea, why should we keep losses?
if indeed you want a loss, just simple you just buy a coin that is not clear and after see coin it down you are selling and there you will get a loss. Spend all your savings.
if indeed you want a loss, just simple you just buy a coin that is not clear and after see coin it down you are selling and there you will get a loss. Spend all your savings.
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..
if up to stress yet, but if disappointed and regret there is. but that does not discourage me from working and working harder. Let's just say it's not our fortune. and make it as a learning for the future better. because failure for me is a delayed success. thanks in.advance..
loss? No, I don't think you're talking about the loss. Unless you are holding a lot of coins. Otherwise you just need to keep holding it. If you want to sell. Then you are losing money. Of course, investment should still be dispersive.
Currently most of the altcoin prices are still tied to that of Bitcoin, so if Bitcoin goes down than most of the altcoins prices also go down with it. So even if you diversify your portfolio its still going to end up being in the red. Also you only lose if you sell and you wouldn't have to sell if you only invested what you can afford to lose.
To me the most importan tink to manage loseses is to make a plan before creating a portfolio. Think what you want from your investments, how much time you are willing to wait and spend researching and finding out information for your short-term instruments.But if loseses happen don't forget to treat this situation calmly, every minute you can buy something cheaper and sell tomorrow and make a good profit. But you need to read, study, only then there will be success. As you can lose a lot, and tomorrow, 10 times more to earn.
First be prepare for losses before what you are investing. Never take any decision in emotionally. Think twice and be patience. Just buy 50% of your investment and keep remaining and wait till the market falls.
What do you think is called loss, loss is that when you buy a thing for more price and now sell on a low price and the difference is so big that your invested amount is reduced. But if the purchased items are still with you and the market rate of that item is low in the market that is not a loss, now you have the items in your possession and you can wait more to sell them, then there is no loss i think.
There are two options, either wait until the price at least roughly rise up to it where you went, or to go where in your opinion and wave analysis we can soon expect good growth.
Welll if you are going to keep your coins in your wallets while the market is bleeding that would be make sense because you losses would be much smaller and cal be minimal if you are going to hold whenever you are trapped into something else regarding that situation in the market,because i do belive that these coins are going to recover as soon as bitcoin's valie jas recovered.
According to me one should invest what he can afford to invest, even if he looses that money one should be stressed. Always think for an opportunity to recover losses.
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..
Well in managing a losses it is kinda challenge for us on how we are going to handle that brings stress. For me it is easy stand up and look at it as a strenght and invest again for sure for the second around you will be wiser enough to do so. Maybe sometimes we can feel disappointed but it is a challenge for us to become stronger than before. The token you have , is going to invest again and again.
The best way of managing losses is splitting your portfolio into 15-20 different coins and the other part shall be 50% in bitcoins. In this case, you assets would be more secured.
That is why when we are a beginner in trade we need to put only little amount as we are still trying to figure out the market. We can use stop losses but sometimes we may end up getting banged by this market's volatility. Or we can just set back and let our investments work according to their devs plans which is risky but will definitely give good returns in the future.
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