Topic: How to manage losses? - page 2. (Read 795 times)
Leaving the market temporarily is a good thing to manage stress because of getting losses from failed investments. But of course, you always remember that the amount of crypto that you bought is still the same amount you own so in case the crypto made good prices after a few years then your investment will not be a failed one. If you really want to put your money in a good spot then you have to invest in multiple cryptocurrencies and not just in one. Invest in different altcoins and make profit from multiple sources.
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?
in your opinion how diversify your investment in other alts to cope up your losses?
if you are not ready with the RISK that will happen then you should not invest or trade in digital currency !!
you have not lost your assets if there is only a market correction, which makes you lose your assets if the Token you hold is deleted from the Exchange or is no longer available in the market.
you still have a chance to survive and wait for the market to return to normal
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?
in your opinion how diversify your investment in other alts to cope up your losses?
If I invested a really high amount of money into an altcoin and lost the most of it, it doesn't become easy to absorb this for me honestly. I need some time to think clearly about what I should do after that. I start creating a roadmap for myself and try not to deviate from it. Because if I let myself make random investments, I know that my loss can be even bigger. I know that it is not easy but one should prepare themselves for these cases.
You only lose if you sell at a loss. Be patient and sell at a profit. 
"A man who is a master of patience is master of everything else." -George Savile
"A man who is a master of patience is master of everything else." -George Savile
But sometimes people sell at a loss for varying reasons like they need urgent cash, panic, want to invest in a different project and others. So to lessen or avoid losses, one should keep up with the coin he has, and sell it once he is in profit, whether big or small, as long as you are in positive side. Also, invest in established coins like btc, as venturing in new alts is really risky as you don't know yet their capability to deliver in the market.
You only lose if you sell at a loss. Be patient and sell at a profit.
"A man who is a master of patience is master of everything else." -George Savile
"A man who is a master of patience is master of everything else." -George Savile
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?
Very hard and sometimes you cannot, that's what happens if you did not invest what you can afford to lose, but if you invest in a coin that has proven its worth in the market, you can extend your patience and wait for it to go up again, you just need to check if it is still developing, but if it's a new coin and there's no further development you have to cut your loss right away and dump it. in your opinion how diversify your investment in other alts to cope up your losses?
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?
Usually i take a rest from trading, not really push myself after get really big loss. Because in that condition, we wouldn't think clearly and it can cause we more suffer if we do wrong choice again. And for the second opinion, it is right and a lot of people will agree with it because if we put money into 2-3 basket, there are a chance that the other basket will help us to gain profit. in your opinion how diversify your investment in other alts to cope up your losses?
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?
in your opinion how diversify your investment in other alts to cope up your losses?
I think you need to hold on for a while if the coins you bought are dumped. I think the price of the coin will increase again. If you see no sign of price changes for the foreseeable future. Sell the coins, then you buy new coins with the concept of short-term trading.
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. 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.
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.
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.
It is very difficult to make decisions in such a large number of projects, the most important thing is not only the development team, it is the general idea that underlies the project. And then whether the team will be able to implement their ideas. For many years I have been delving into this space, but I have not learned how to correctly choose projects.
In June, I invested about $100 in NFT which will launch at the end of August. At first glance, I have done research and even received a lot of support from various practical elements and from pre-influencers who ensure the success of launching the market which will later become the NFT auction site.
Until finally mid-August began to feel suspicious because their project went bankrupt and the team complained that they had also run out of large amounts of money. I can't do anything and just ask a lot of questions. All the teams responded and they didn't run away like other scam project managers. They are still trying hard to make it happen. But investors were disappointed and left the project, myself included.
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?
Well for me I think as long as you hodl the token and did not sell it then do not worry especially if those token is a potential token because thats what I am doing whether I check my port and see that I lose a very huge amount I still keep myself calm and compose because I know that not always the market falls down and it can recover massively as well. So I suggest hodl strong and wait when its time to shine. in your opinion how diversify your investment in other alts to cope up your losses?
It is natural we get stressed if our coins keep dropping. One must invest wisely if you are a newbie you should focus on the top 50 ranking coins if you don't have much knowledge about the market. Don't take risks by invest in 1-2 coins if you have good capital try to invest in 4-5 different high potential coins. Don't gamble with less familiar coins.
The general rule is clear, never let the losses melt your balance, cut the loss before it is too late. Newbie traders like chasing the losses but it can be dangerous to play with volatile crypto markets. Have a trading plan and stick to the plan, the market will come back to the buy price point sooner or later.
It is certain that one can not make profit on every investment as we only speculate market moves after conducting research. The best is for somebody to DYOR before investing and not follow other investors/influencer's idea. That way you manage your risk and please learn to Always take profit.
Don't put all the funds you have in just one instrument. As an investor, you must be able to measure and limit your exposure to certain types of investments. This is called portfolio diversification. You do this by dividing the funds you have into various types of investments.
Usually investors always see good coins that are in a bullish trend or in a good trend, and it is always different every year, because putting all investments in one place is not what investors want because it is not a suitable strategy to be used by themThey advised not putting all of your eggs in one basket. Yes, most investors are keeping an eye on those coins with high gains, and they will all jump in. However, the best way is to purchase those coins as soon as they are available, such as during their ICO stage or something similar. That is the best strategy, but if you prefer to invest in the established ones, try to learn technical analysis in trading as well as fundamentals so that you can determine which coin is the best to invest in.
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?
You can simply manage losses is to ignore them if suffered any and calm down yourself without getting more panic and stay alert for the future trade options.You can try to do risk management analysis and diversify your portfolio but if you have already made investment in zero utility token or project then you have already dump your investment which cannot be managed or avoided.The market may react uncertainly and funds swing could occur but you should always be prepared for it.There is no such perfect risk managing policy and you need to deploy your owns after all the research. in your opinion how diversify your investment in other alts to cope up your losses?
Don't put all the funds you have in just one instrument. As an investor, you must be able to measure and limit your exposure to certain types of investments. This is called portfolio diversification. You do this by dividing the funds you have into various types of investments.
Investing in any cryptocurrency has certain risks. Before investing, you must understand the market trend and choose the desired investment currency.
Choose a diversified investment method to replace a single currency project investment to prevent greater economic losses when investing in a currency loss.
When investing can use indicator analysis and develop a strategy that suits you, and set stop losses to avoid losing funds.
Choose a diversified investment method to replace a single currency project investment to prevent greater economic losses when investing in a currency loss.
When investing can use indicator analysis and develop a strategy that suits you, and set stop losses to avoid losing funds.
Indeed, I've categorized them nowadays and you can't make it up once you don't encounter losses.
You will not encounter losses or reduce them if you keep yourself focused on bitcoin and shun all altcoins. Just think of this: if the biggest share of your capital was into bitcoin bought at low price - how much unrealized profit would you be making? Quote
Many times I tried to make myself sustainable but I failed because of my emotions, so I keep my profit optimum and I wasn't able to gain as much as the other traders who earned huge returns with their invested cryptocurrency.
I doubt any trader actually is able to make so much without showing proof. I suggest you to focus more on yourself rather than comparing with others a common mistake everyone commits. Instead of going for shitcoins, DeFi, NFT, you can use the hype created by them to get into more bitcoin. This can help you get more profits if you know when to enter into bitcoin.In the long run, these hype machined projects do not have significance however they may try to speak of it. They are only trying to get the money out of your pocket.
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