Topic: how to manage losses? - page 70. (Read 26576 times)
simple way is to average down on losses. Never put all your money in one coin or ICO. Some of them will give you big profit. Sell on the profits and cut down the losses when you see your coin going down by 50%. It's all about averaging the gains and losses. Put a target for selling and stop loss.
try to put some money on the side and invest with that. I you may loose it you won't have any problems paying off other stuff.
You cannot manage losses because they are already gone and there is nothing you can do to get them back. You have to learn that losing is good because you learn from your mistakes. Doesn't mean you necessarily have to lose just because I said that's OK. Eventually you will lose and that's when you have to analyze what you did wrong and don't repeat that.
You made me laugh, and this is funny truth, you can`t manage something you don`t have anymore, all you can manage is your emotions and to try not to fall into depression and lose even more. When I was kid I heard many times, smart people learn from other people mistakes, if you can`t learn from mistakes of others then you should know how to learn from your mistakes, analyzing them, thinking about what went wrong can help, if you can be objective on your own actions then asking for second opinion can be a good thing to do.
you mean how to minimize loss? according to me in trading we have to set a target, the target that I talking here is the maximum target profit when we sell tokens in the price that you want, and set maximum loss when the coin down. that way the loss may can be minimized
Minimizing is something else, or to say cutting loses. I don`t recommend that in trading with cryptocurrencies, at least with most coins I don`t. 
you mean how to minimize loss? according to me in trading we have to set a target, the target that I talking here is the maximum target profit when we sell tokens in the price that you want, and set maximum loss when the coin down. that way the loss may can be minimized
never invest more than you can afford to lose, use stop loss orders on exchanges, diversify your investments into more altcoins and until you adopt a hold strategy you have not lost anything sooner or later the price of the coin goes up again
You cannot manage losses because they are already gone and there is nothing you can do to get them back. You have to learn that losing is good because you learn from your mistakes. Doesn't mean you necessarily have to lose just because I said that's OK. Eventually you will lose and that's when you have to analyze what you did wrong and don't repeat that.
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..
Yes, in different ways. Any situation including loss is an experience. It is necessary to think and analyze the situation that led to the loss of money. This will help prevent this in the future.
first of all DO NOT INVEST WHAT YOU CAN NOT AFFORD TO LOSE. and if you may lose , just move on. crying on a spilled milk is not for traders. maybe go out and look around. there are so many other things to think about.. and how beautiful life is.
Exactly. You have to understand that nothing is easily attained without any backlash. If you're investing with the aim to get easy profits in rapid time, then you'll be in for a big surprise. Investing what you can afford to lose can also mean investing an amount that you can leave for a long term holding. Something that you won't need to tale out even in tight situations. That way your investments are given free room to grow.
I think that we can manage our losses by holding our altcoins, you do not need to sell your investments if they have fallen or if the price is lower than the purchase price, in this case you just need to wait for the moment, when everything starts to grow again
first of all DO NOT INVEST WHAT YOU CAN NOT AFFORD TO LOSE. and if you may lose , just move on. crying on a spilled milk is not for traders. maybe go out and look around. there are so many other things to think about.. and how beautiful life is.
Losses are part of trade but being rational trader must use technical skills to reduce the losses.If market going down and you have capital invest in different more coins and hold with patience,coins will hit on top your losses will recover.
The golden rule is and has always been, "only invest what you can afford to lose." That way, whatever happens you don't need to get stressed. Life is short and we really shouldn't worry about little things like shitcoins. Better to be safe and just invest in blue chips like bitcoin or ethereum.
Yes, man. I am always following this golden rule, and it helps me a lot. I would never also borrow any sum of money to start dealing with the cryptocurrency. Better work more and use 30% of your assets to crypto.
how to manage losses? Just follow the risky management principles of business and always afford to invest what you can bear to lose .and also know when to sell of your assets and the losses and quite the market.before it will be late.
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..
keep patient, just never sell your asset when the price down, then you do not lose anything. just wait until the price rise or even for long term if needed. i suggest if you want to invest or trade you need to ready for keeping your coin for long term or do not use the urgent money.thanks in.advance..
if you wanna to know how to manage losses thats important is dont be greed, control yourself if you get more money or if you loss your money. so use money management. if you do that you can to be professional investment or trading
Remember that the exchange is the psychology of the crowd. In it for success you need to do everything on the contrary. If everyone buys, it's better to sell, if everyone sells, it's better to bribe. If you are minus in the crypto currency, until you sold it, you did not record your loss. It is better to wait until the market returns to the purchase price or even surpass it. Then you can also make a profit. But while waiting for a price recovery, you will miss the opportunities of the market.
Risk management includes the wise attitude never ever to go all in. What you should do, is exactly 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.
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.
My loss management system is a proactive diversification system. I hold my winners and never sell my loser, but the diversification prevents my losers from ever being a significant loss. Can be slower, sure, but i think it has lower risk.
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, I think this requires experience of course with knowledge as well. you should look for various knowledge about trade and investment.
there are various techniques in trading to prevent big losses, but it is difficult to say verbally because I think experience is very important in every situation
Don`t panic when the market has started to fail once again,hold your tokens/coins which you are trapped in as of the moment and wait for the market to start recovering so that your losses will be much minimal compare to those people who did panic sell with these market crashes.I am not going to do stupid things if i were because you could lose everything if you did sell at loss.
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