Topic: how to manage losses? - page 65. (Read 26548 times)
It's very sad, too loose and hard earned money always invest in you can work hard to relax. The trading market is always risky and investing in the market. 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.
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..
Do not be too emotional when it you see that the value of your coins are going down. In the first place, I believe that you knew that prices are volatile. There are risks involve in investing and there is a possibility of losing your investment. So just like what the others say, invest what you can afford to lose. Don't feel down if you have failed investment. Use it as a lesson so that you will be successful the next time around. thanks in.advance..
You won't lose your money by trading if you will buy on dumps and very low prices, and sell only when it returns and growth again, thats very simple rule
The most important thing in case you started to lose your investments is to look objectively at the situation, because there are cases when the coin rates fall temporarily and sometimes it is quite possible to foresee it.
you need time for a vacation, to relieve stress. then after you feel better, you can manage the coin back, for your hold coin until it reaches the highest price point
going to vacation is a good idea but you still need to have money to go to some places and if you are getting lose, then I hope that you still money to go vacation. I think you can do another else than going to vacation because you need to spend more money and it is better if you can analyze how to recover your losses so you can get your money back. maybe after you analyze your losses, you can find a way to know your mistake so you can learn from the mistake and you can avoid making the same mistake in the future.
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..
investing is up and and down win or lose. only invest what you can afford losing. don’t invest too much and end up hurting too much. how much you invest is up to you. if you win, you are lucky. if you lose, good thing you are still alive. you can still invest back and win.
In my view, if I suffer a loss due to trade or mistakes. Trading on the market is always at risk of investing in the market,
I would advise for day trading to recover losses and record some small profits by re-buying the best cheaper way.
I would advise for day trading to recover losses and record some small profits by re-buying the best cheaper way.
you need time for a vacation, to relieve stress. then after you feel better, you can manage the coin back, for your hold coin until it reaches the highest price point
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..
Better not look into your portfolio for some weeks and once market recover than have a look at your portfolio. Normally I just reduce time spend on crypto trading when the market is down.
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..
you dont need to stressed out of yourself, your holding is suddenly went down its price, you wont lose anything if you just hold it. you can wait for the next pump of your holdings, and then sell it. but as of now, which all altcoins are dump, dont sell it. thanks in.advance..
Stop loss This is the simplest way, or you can stay still until the price goes up. This is my usual practice.
Your not in loss unless you didn't sold your coin for loss.
Don't invest that you can't afford to loss
Don't invest borrowed money
If face any loss try to take a sleep and you will be fine
Don't invest that you can't afford to loss
Don't invest borrowed money
If face any loss try to take a sleep and you will be fine
If you found that you are in loss then wait don't sell.
I make it a point not to invest more that what I can afford to lost and this method greatly decrease my stress when market is down. After so many market dips, I don’t feel worry or panic anymore. Just remember why do you invest in your coins, you will start to ignore the fuds.
I must say that it is not easy to manage your loss but you do have to get into a mental state of detachment from the money in order to focus on the trades and your analysis. You cannot be worried about the draw-down of your trading account and be 100 percent concentrated on the setup and market movements. Many traders go through periods of many losses, especially larger losses, they would get into revenge trading, they would enter trades even based on nothing, not even setups that have high probability.
Every time I invest in crypto, I guess what amounts I can lose, how to rebuild and act with certain losses. Preliminary preparation of an action plan for each situation will avoid a dangerous panic.
It is necessary to react to the situation by restructuring your strategy in the light of the circumstances and the situation on the market in order to make your investments the most profitable. But in any case, stay calm, do not panic.
by doing averages with that coin.
Well for me i always put money in or cash in , i always buy at the dip even im in loss , Always hold your coin when it has good potential and always take profit when the bulls come and the profit reinvest or put in your loss. and do it again.
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 look at every coin differently and also try to take in to account the bigger picture.
For example, in most cases, it is unrealistic to hope for all time high which where achieved when the whole market cap was 2,5 time bigger.
Also look at the roadmap and market cap of a particular project and make goals and offcourse diversify and do not day trade.
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