How to manage losses? | Bitcointalksearch.org

ardentvolcanoes

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Quote from: cafee_orange on September 04, 2021, 11:33:25 AM

Quote from: celot on September 03, 2021, 03:29:57 PM

Quote from: cafee_orange on September 03, 2021, 02:36:38 PM

In my opinion if the coin I still hold has not been removed from the market then I do not say it is a loss even though the price is already very low.
In my opinion, to overcome such a situation, it is better to hold on to the asset until it finds the best price later. but if you still have another balance then you should put it on a coin that has a better price potential to get a profit. i will deal with it like what i have mentioned.

That's right, when the price of the coin drops, it can't be said that we failed or lost. While I still have savings for my needs, I also never sell my assets when the price drops. If I do that then I will lose.

of course what you say is very true, then what needs to be understood in investing or buying and selling digital currency, at least in carrying out these activities we do not use money that has a need for every day or what is often mentioned Kitchen money. I think there is no defeat in this activity if we are able to manage the assets we have.

Managing your investment is he first priority that each traders must have when dealing with this business,
without the right knowledge you'll just keep seeing yourself losing.

Panic due to uncertain situation is mostly happened if the money that you are using is not planned to long
term investment, I mean if you are leaning your budget with the same capital.

You can extend your holding when you use extra money that purely intend for this venture.

pauloaragaomelo

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Quote from: Hasan986 on September 04, 2021, 04:26:38 PM

Losses may occur during trading which is normal. But it has to be recovered by following different strategies. One of them is if you invest in a coin it goes down. Then buy it down again. So that the loss and margin is reduced a lot. You have to follow these different strategies to make a profit.

This kind of strategy will not apply to all coins but only to coins with potential for recovery when the movement will return to positive or effect from the realization of planning from the annual quarter, to implement this recovery strategy should be by analysis of buying at the lowest price circle to cover the shortfall from previous losses .

Orange89

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I WANTED EVERYONE TO BE HAPPY IN LIFE

The Best Way to Manage Loss is Learn From your Mistake and try to Follow the Basic rules Always tried to split your money don't spend on a single assest , don't follow any YouTuber or Influencer blindly Instead Try to Do Your Own Research , When you are doing Trading Always Put the Stop Loss as Stop Loss can Save you from a big loss money Try to gain knowledge about the Market that is more important that's the some Point which can help You to Manage Loss

Hasan986

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Losses may occur during trading which is normal. But it has to be recovered by following different strategies. One of them is if you invest in a coin it goes down. Then buy it down again. So that the loss and margin is reduced a lot. You have to follow these different strategies to make a profit.

Viscore

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Activity: 3038

Merit: 647

Quote from: ardentvolcanoes on September 04, 2021, 12:02:39 PM

Quote from: cafee_orange on September 04, 2021, 11:33:25 AM

Quote from: celot on September 03, 2021, 03:29:57 PM

Quote from: cafee_orange on September 03, 2021, 02:36:38 PM

In my opinion if the coin I still hold has not been removed from the market then I do not say it is a loss even though the price is already very low.
In my opinion, to overcome such a situation, it is better to hold on to the asset until it finds the best price later. but if you still have another balance then you should put it on a coin that has a better price potential to get a profit. i will deal with it like what i have mentioned.

That's right, when the price of the coin drops, it can't be said that we failed or lost. While I still have savings for my needs, I also never sell my assets when the price drops. If I do that then I will lose.

of course what you say is very true, then what needs to be understood in investing or buying and selling digital currency, at least in carrying out these activities we do not use money that has a need for every day or what is often mentioned Kitchen money. I think there is no defeat in this activity if we are able to manage the assets we have.

Managing your investment is he first priority that each traders must have when dealing with this business,
without the right knowledge you'll just keep seeing yourself losing.

Panic due to uncertain situation is mostly happened if the money that you are using is not planned to long
term investment, I mean if you are leaning your budget with the same capital.

You can extend your holding when you use extra money that purely intend for this venture.

People tend to create more losses than winning profits because the investment alone is not well planned. If you are planning to invest in something, make sure you have separate funds for that and not use the budget that is intended for something else. This is the reason why people panic sell because they expect quick profits in just a short time and once they see their investments prices were falling, they resorted into panic seling which will make them fall into huge losses.

If you are in an investment, prepare for its consequences. There are no guarantees when will make you profits but as long as you are knowledgeable on the investment you are doing, then i think you will be able to manage your losses with long stretch of patience too.

deh222

copper member

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Quote from: luca prieto on August 30, 2021, 05:53:16 AM

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
in your opinion how diversify your investment in other alts to cope up your losses?

There are no losses if there is a working mechanism for making a profit on a trading strategy or something else. Income and expense are always complementary. Follow each other. As in business. I earned and then spent it on employee salaries, taxes, development, procurement, etc. If the business is doing well, you are not afraid of losses. Look for the problem in the business itself ...

ReiMomo

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When trading, always hold 50% of your investment amount in hand to average. Those who trade here might know what I mean averaging/leveling up. You need to have some amount in hand to average your loss. Like, if you have invested $1000 in Bitcoin and the value has gone down and you are at $250 loss, invest the $500 again in the same coin to average the loss.

maju69

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Quote from: fileo on September 04, 2021, 12:09:54 PM

Most of the time when I lost my money in cryptocurrencies investment. I think positive that the token price will increase again in due time. I also believe as long as I have it even the price dump, I have still a chance to earn profit if the movement turn to bullish trend. Many times I experienced loses because of market volatility. But I need to adopt and adjust to overcome my loses.

You must have learned a lot from that incident, holding an altcoin that has no potential to return a much higher price increase is indeed very risky. What coins were you holding at the time? What makes losing something you can't avoid? I wish you said the top 10 in CMC. The trend for altcoins is not as significant as Bitcoin, of course what you have experienced, I have also experienced in the past.

letyouearn

legendary

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I you crypto portfolio is diversified enough you are not very upset when seeing one of your projects going down. 3 coins/tokens give you profit, 3 - loss. And that is ok for crypto. Just fix the loss and go further. Or just wait and don't sell if you believe in brighter future for that project.

erep

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I recently suffered a loss on my investment in NFT tokens when I bought them at a high price, I haven't decided to sell them yet because the project is still in the early stages of development releasing the Game Platform, I believe that when the Game is released it will recover the price quickly .

fileo

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Rangers Protocol

Most of the time when I lost my money in cryptocurrencies investment. I think positive that the token price will increase again in due time. I also believe as long as I have it even the price dump, I have still a chance to earn profit if the movement turn to bullish trend. Many times I experienced loses because of market volatility. But I need to adopt and adjust to overcome my loses.

alpamar99

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Of course, in this case, especially in choosing a project, we have researched in advance whether the project will be good or not because here it is not just relying on instinct in choosing a project or a coin and you need research so that you don't lose money.
but if you have entered a project and experienced a loss, of course in this case you can not be silent because in every coin or token there is a chart that can support you in determining your next choice whether to hold or better CL.
and maybe I think if you face a project or coin I suggest don't go all in if you are really not sure about it, unless indeed the coin or project you are running can be tested, for example for coins like btc or eth which are tested once, especially for long term. but if it's fake, don't ever go all-in there.

cafee_orange

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Quote from: celot on September 03, 2021, 03:29:57 PM

Quote from: cafee_orange on September 03, 2021, 02:36:38 PM

In my opinion if the coin I still hold has not been removed from the market then I do not say it is a loss even though the price is already very low.
In my opinion, to overcome such a situation, it is better to hold on to the asset until it finds the best price later. but if you still have another balance then you should put it on a coin that has a better price potential to get a profit. i will deal with it like what i have mentioned.

That's right, when the price of the coin drops, it can't be said that we failed or lost. While I still have savings for my needs, I also never sell my assets when the price drops. If I do that then I will lose.

of course what you say is very true, then what needs to be understood in investing or buying and selling digital currency, at least in carrying out these activities we do not use money that has a need for every day or what is often mentioned Kitchen money. I think there is no defeat in this activity if we are able to manage the assets we have.

LordMiguel

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Activity: 175

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ITSMYNE

My strategy is this. i have some wallet for long term and some wallet for short terms. i have exchanges where invest for long term and some exchanges for daily trading. for me, i think i am still learning and investing in small quantity. i don't think i have the courage to invest huge amount. i am still investing little by little and i hope to invest big when time is due. my investment is gradually growing. i take my profit without looking back. one thing is certain. take profit when due.

Jilapikhamu

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Always try to picked low supply and high demand coin, and when you loss, try to keep claim and waiting for which coin you invest there good news

iTradeChips

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Leading Crypto Sports Betting & Casino Platform

Losing investments is not just about counting less zeros. It is also more on the mental health aspect of the person. Those who experienced loss in the past fully knows that losing a lot of money because of failed investment surely gives someone a hard time thinking about things and having a somewhat normal life. I would emphasize the importance of having a sound mind once loss has experienced and that it is alright to stop for the meantime and then start over once you have the means to start.

Alisha-k

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Quote from: luca prieto on August 30, 2021, 05:53:16 AM

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
in your opinion how diversify your investment in other alts to cope up your losses?

Diversifying your investment option as you pointed out is one way to manage losses. The truth remains losses can't be avoided in crypto investment because it's a business of profit and loss but minimizing the losses is what should be considered. Before investing I have a loss target in which once the price gets to it I withdraw immediately without further consideration this way I ensure I don't lose more than I can afford

abralzain17

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I will leave the market if the asset I hold experiences a big loss, as I do to avoid the stress of seeing the market experiencing a correction. I leave it until market conditions improve. I think that way is very good for managing the losses that befall me.

xSkylarx

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Quote from: wack slacker on September 04, 2021, 12:59:14 AM

Have a clear strategy in trading like set Take profit, stop loss and stick with that strategy. That's the way to good risk management. Maybe you will get low profit because of frequent stop loss but it is better to keep your money safe than lose by a losing position.

That is one of the basic strategy which is you should know. Risk management. But there are still lot need to learn . Like learning those indicators or those candle patterns which you will predict whats the next price is but if you are not into technical analysis then you are into fundamentals but waiting to the right time and also news to jump in

wack slacker

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Have a clear strategy in trading like set Take profit, stop loss and stick with that strategy. That's the way to good risk management. Maybe you will get low profit because of frequent stop loss but it is better to keep your money safe than lose by a losing position.

Topic: How to manage losses? (Read 795 times)