How to survive if you lose more than 80% of your Capital? - page 11.

Rosilito

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Wish for the rain? Then deal with the mud too.

Quote from: fortunecrypto on February 01, 2020, 11:44:27 AM

Quote from: fib123 on February 01, 2020, 09:16:27 AM

Anyways past can't changed. If you are still try to keep you alive in crypto is keep calm, Trust in your choice, and HODL it. One more thing you should be in
a very potential coin, if you are HODLING shit coins, So you need to be brave and jump into a better coins.

Hope this will help you.

You can survive if you invest what you can afford to lose on the time that you are investing, but if you are not it's hard to keep up, investors should always be aware of this advice, even if the coin that you are going to invest look safe, and have a good potential you never know what's going to happen next in the market.

Always pack this advice up. Keep it always in your head, and I bet your journey will be safe. What most people missing here, is that, they buy recklessly, going side to side on where hypes are on fever-pitch leaving the right consciousness on dealing with short term trend. Thus, lead to a severe loss, then going to feel sorry with themselves. That is why I agree with the statement above, if people are going to buy out on what they can afford to lose, their journey, would totally be fine. Nothing to worry for such loses anymore. How about on losing streak? That's totally unfortunate, but whatever it is. Just keep on going out to an amount of you can afford to lose, it is what it is.

abeecrypto

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Yes, it is all about patience. Especially for those who hold reasonable coins. You won’t lose if you sell at the right time.
Pick the right coin and invest in it; apply some twinge of patience and wait for it to be worth selling; and reap the benefit. And this will be a lot more possible if you invest your spare money. So, you don't have easily run out of patience.

judaspriest

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C O M B O

Quote from: Question123 on February 02, 2020, 11:15:49 AM

If a trader lost more than 80% of his capital the better he do is to keep holding the coin if that potential. But if not ,better to give up and the rest of your money when you sell your coin and try again to pick up another new potential coin and wait to it to rise to getbback your capital that you lose that is one of the way you can do or you can add more capital to the coin you bought or ads another capital.

depending on what coins he has at the moment, if he holds popular coins in Coinmarketcap,
such as Ethereum, Waves, Atom, BNB, Monero, I think it's better to hold them

julius caesar

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You will for surely gonna have a hard time trying to survive after a big loss. What you need to do is to use the rest of your money and start to invest on another coin again. This time, you must be really studying the coin that you are going to invest to and you should be aware if it has a better future or doesn't have one.

Golftech

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Quote from: shadowdio on February 02, 2020, 03:09:44 AM

There will be no problem if you are long term holder but if you hold a shit coin, I guess there is no chance to recover your loss in the future because most of the shit coins are dying.

Agree to that. And if you are already sure that you are holding shit project better to sell it out instead of being trapped and don't have anything to get back from your investment. Shit coin died naturally and there's no chance to pull your money so best to assess and take your decision if you are still working with good project and the team behind are still in it's progressive development.

Question123

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If a trader lost more than 80% of his capital the better he do is to keep holding the coin if that potential. But if not ,better to give up and the rest of your money when you sell your coin and try again to pick up another new potential coin and wait to it to rise to getbback your capital that you lose that is one of the way you can do or you can add more capital to the coin you bought or ads another capital.

makishart

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Quote from: shadowdio on February 02, 2020, 03:09:44 AM

There will be no problem if you are long term holder but if you hold a shit coin, I guess there is no chance to recover your loss in the future because most of the shit coins are dying.

It's a big problem even when you were major altcoin holders. I should remind you about this can affect the mentality of the traders whether they wanna try to sell it or not.
There will always be a chance as long as OP wanna try to looking for an alternative way rather than stand with his old portfolios.
He must re-structuring his portfolios again.

pikkie

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Quote from: SquallLeonhart on February 02, 2020, 10:52:29 AM

Quote from: Desscount on February 02, 2020, 06:28:39 AM

Quote from: shadowdio on February 02, 2020, 03:09:44 AM

There will be no problem if you are long term holder but if you hold a shit coin, I guess there is no chance to recover your loss in the future because most of the shit coins are dying.

if you hold a coin that is in the top 100, I think you have not completely lost 80% of the capital, just use the asset to trade and don't lose it, learning analytical techniques is also needed friends

Actually any of the trader or investor would lose faith from the markets if he see his portfolio going below 80%. This might actually be a major loss if not treated cautiously.

20% of the remaining funds can again start gaining few profits which might at least bring back your capital if you spend most of your time in trading and gaining profits. You should never lose faith in the markets if you are holding some major potential coins. Those coins would surely be in the dip for few years maybe(as compared to the 2017 to 2018 markets) but might surely show you immense growth after the halving completes(which is expected in 2020). Potential coins would never keep you at loss for large interval.

indeed the idea that you provide can be very easy to say but it is very difficult to apply because the current conditions of cryptocurrency prices are different from a few years ago when there were still many good projects and altcoin still prevailed, whereas for now the market conditions are not good and many investors that came out of cryptocurrency so it was difficult to implement such a method.

I think the other way is maybe you can find a job that can give you more money so you can get additional trading capital and make sure not to make the same mistakes again.

bitcoinst

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This question is not just about losing money. This is a question of how people experience personal falls, personal crises, personal failures.
Most people have experienced personal crises since childhood that they cannot cope with, they are haunted by constant nervousness, and insecurity in themselves and in their own strengths.

Therefore, the answer to your question lies deep in the depths of the human psyche. Indeed, if a billionaire loses all his capital, he will still have knowledge and skills on how to earn this capital in a new way.
It all depends on whether you believe in your strength or not, you have enough skills to make this money again or not.

If your capital came to you in an easy way, then most likely you would not have kept it anyway.

traderethereum

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It is easy to say that we need to be patient, but most people will desperate and will be sad, and it's hard to do. They need to survive in hard situations, especially if they don't have any jobs to do. But they can try to search the other jobs in their real life so they can still earn money because they need to find out another source of income if they still got lose more than 80% in the crypto worlds. Maybe they can come back to the crypto after the market recover, and there is the bull run coming so they can check their asset. It needs bigger patience to see a big loss because that will impact that person.

SquallLeonhart

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Quote from: Desscount on February 02, 2020, 06:28:39 AM

Quote from: shadowdio on February 02, 2020, 03:09:44 AM

There will be no problem if you are long term holder but if you hold a shit coin, I guess there is no chance to recover your loss in the future because most of the shit coins are dying.

if you hold a coin that is in the top 100, I think you have not completely lost 80% of the capital, just use the asset to trade and don't lose it, learning analytical techniques is also needed friends

Actually any of the trader or investor would lose faith from the markets if he see his portfolio going below 80%. This might actually be a major loss if not treated cautiously.

20% of the remaining funds can again start gaining few profits which might at least bring back your capital if you spend most of your time in trading and gaining profits. You should never lose faith in the markets if you are holding some major potential coins. Those coins would surely be in the dip for few years maybe(as compared to the 2017 to 2018 markets) but might surely show you immense growth after the halving completes(which is expected in 2020). Potential coins would never keep you at loss for large interval.

RussiaUkraineTranslation

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Buy exchange tokens like ecxx and BNB that can earn you a profit in a bear or bull market or invest in a microcap like $BRAP and make your money back in the next bull run.

ballerin and giroud

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Quote from: shadowdio on February 02, 2020, 03:09:44 AM

There will be no problem if you are long term holder but if you hold a shit coin, I guess there is no chance to recover your loss in the future because most of the shit coins are dying.

You are right, we don't any worried when we choose the right place to invest like bitcoin or ethereum. Although we see their prices are fall even their fall drastcally we just need to be patient, because we can choose as a holder for this coins. I'm sure there will be many people who still hold their bitcoin when they bought bitcoin at the all time high $20.000 in the past.

You can see how much people even an expert though who had the demanted prediction for bitcoin price in the future. Like Jhon McAfee although there will be some people who call him is crazy but I think he is an expert to crypto, he had a crazy prediction that in this year bitcoin price will touch one million for one bitcoin and he always confident that this thing will be happened. That just pointed out how much bitcoin price goes down but you will comfortable that there will be many prediction that bitcoin will up again.

pakhitheboss

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Top Crypto Casino

Until the project is dead and if you are still holding those cryptocurrency then you are not in loss. It is better to trade those tokens for small gains and clear of your losses. It still better to hold on to them and wait for the next Bull run. I know it might be a long process but it is a sure shot strategy.

kambaralikhan

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CARTESI 📱 INFRASTRUCTURE FOR DAPPS

Losing such a huge proportion of capital is something which is really hard to recover but anyhow there is still hope and the remaining 20% of capital can be used a simple trading strategy which is making small trades of small margins. I know this strategy isn't enough to recover 80% of lost capital and new money needs to be invested as well.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

Quote from: isaac_clarke22 on February 02, 2020, 12:53:06 AM

Some just need to take a chill pill.
Panics usually happens due to massive plunge of the price, or even when the market crashes. Looking at that plunge of Bitcoin from 7k to 4k, I was about to panic actually but turns out when I checked the Wikipedia about the price of Bitcoin throughout the years, it went the same thing while it was still in 3 digits and now look where we are.

Hard to take a chill pill when people lose money they CAN'T afford to lose;) That's when the real panic happens actually. Because if I'm putting in a bit of money that if I lose I don't feel anything, doesn't matter if it disappears, because I consider it lost. But the problem is people putting money in BELIEVING it will return them a lot of profit.

FanatMonet

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The golden rule number 1 is generally for everyone who invests in cryptocurrencies: "You can invest as much as you are willing to lose right now."
No loans, only your money, and exactly as much as you can afford to lose without consequences for yourself.

GREENch

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I do not agree with TC about the best time for cryptocurrencies (in general) and altcoins (in particular). We do not know what kind of development the blockchain industry will expect in the future, and to say that 2018 was the best year for the crypto is fundamentally wrong. There were at least several such periods for the entire time of her existence.

MufasaR

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If there is one thing Crypto currency will teach you is patience.

The say "if you rush, you will crash" so better not Sell if no profit is involved and HODL, let the markets do the magic

cryptoangel

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Quote from: Desscount on February 02, 2020, 06:28:39 AM

Quote from: shadowdio on February 02, 2020, 03:09:44 AM

There will be no problem if you are long term holder but if you hold a shit coin, I guess there is no chance to recover your loss in the future because most of the shit coins are dying.

if you hold a coin that is in the top 100, I think you have not completely lost 80% of the capital, just use the asset to trade and don't lose it, learning analytical techniques is also needed friends

In crypto market we never predict the future pump and dump so if we choose top 100 coin it is our own risk. Because trading is a buy and sell at our convenient ratio and earning. If we loose 80% of the investment it is not a big issue for investors. I think it is a perfect business for current traffic so we make more than 10% profit for each trade.

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