Topic: How to survive if you lose more than 80% of your Capital? - page 2. (Read 1743 times)
Remember the golden rule of trading, until you sell you don´t have loss. So, in the worst times just HODL and if you have more money to spend, then invest, you reduce your potential loss and while price goes up, you are in bigger profit.
if you have lost so much, there is no other option but to gamble, or it will take you a long time to get it back.
This isn't a better way to trade. In trading, we have to take a loss to be what it is, trying to fight back by maybe gambling will hurt more. The best way to treat a loss is to let it go because another trade time of trade can be better. A newbie and inexperienced trader tries to fight market that can swallow as much big as the account is, so there isn't any profit that will come from gambling in trade.
Patrice you said it's really not easy but the best solution, come to think of it, what if it's a shit coin that team dumped on investors and one keeps holding, it will definitely keep dumping, it's really not that easy to stand back and the fear of jumping into another coin despite its potential may really not be an easy one, this space is filled with ups and downs so what ever that comes should be accepted a d it's also good to buy a good coin.
My views for survive, after loose your money. I advised you, choose valuable & read past history of the projects. Invest only those projects who are new started, short periods investment would be profitable in future.
A very simple view, what you should know is when someone experiences a loss of money in crypto investment, then he tends to drop and lose his enthusiasm, because it is not easy to bounce back after losing, because it takes the right process and time to get back into the investment new, and investing in a new project is also very risky to lose, because new projects are very difficult to succeed now, even if the person is doing it in the short term. 
If you have already lost 80% of the capital, of course you have 20% left, then you have to rack your brain for more profit and I think it has to start again because we also have to survive with the remaining money, so it's better to follow a few campaigns to get capital back so we can invest with initial capital, but we must be careful again and learn from before because if you repeat things like that it will be more difficult to get up again.
And someone once adviced me not to sell at loss. This Cryptocurrency is about doing research to pick a good coin, as you said, one may still sell and jump into another treading on still loss, I once sold a coin at loss, bought an IEO upon listing and still lost more. Patient is really the key in crypto. I have come to realise one do not know it all. Personal research matters than relying on FUD or FOMO
That is not really a bad strategy but that can only be applied when you are investing in good coins which you know will recover if given enough time, but when you invest in an ico or an ieo as many people do that is not really an option because if you keep holding your coins when the price is going down there is a very high chance that you are going to lose the rest of your money as the coin in which you invested crashes all the way down to zero.
My views for survive, after loose your money. I advised you, choose valuable & read past history of the projects. Invest only those projects who are new started, short periods investment would be profitable in future.
Change your mind first. When you have a loss, don't think that you have lost in the real thing because your loss has not yet become a reality, you do not sell it then you will not experience a loss.
But if you invest using hot money, you will not be able to have the thought as above because you have been wrong in fundamental trading, you must use cold cash for trading or investment, if you violate these principles then you are a fool.
If you have lost more than half your assets, then stop and find out the reason why you fail in this market because if you do not realize that, investing in this market will only make you lose a lot of money and not bring any profit. I have stayed in this market for a very long time and have a lot of experience to watch out for when the market suddenly drops. But if you invest using hot money, you will not be able to have the thought as above because you have been wrong in fundamental trading, you must use cold cash for trading or investment, if you violate these principles then you are a fool.
This form of loss is the simplest and perhaps most painful. You buy a stock and then watch the price go down and stay down. Money management preserves your trading capital. Money management, also called risk management, is a core concept that you should start with immediately when you begin to learn and it should be the very core focus throughout your trading career. It will allow you to deal with performance downturns and it will preserve your trading account during these times, enabling you to carry on trading.
Agree that money management is the most important thing in investing. Every investment carries risks as well as cryptocurrency and to reduce the high risk, I think we should not only invest in one coin, we also invest in other coins that have large liquidity and are actively traded in large exchangers
As per my perception here is a lot of investor/trader who was comes in at early 2018 or may be in mid of the year. That time was the best time of crypto and ALT coins too. But later on this scenario was converted into downtrend and all coins were falling simultaneously. It was cause of FUD, huge movements in Bitcoin due to whales manipulation. As a result our portfolio was reduced on daily basis. Mostly people were hoping to bounce back market around their buy potion but this was not happen at all.
In that time how we confirmed our loss? When we were realize that market is going up and our coin is not moving we sold it and jumped in running train,
there we confirm our loss.
What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.
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.
Believe and patient are the main thing in crypto. Although it is so simple but it works. Many people that unconfident and get rush in deciding their choice in crypto, they will get loss everything. Just examine and find the potential coin. Do not be lazy to get knowledge. It will always help you. In that time how we confirmed our loss? When we were realize that market is going up and our coin is not moving we sold it and jumped in running train,
there we confirm our loss.
What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.
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.
if you follow an emotional attitude on the basis of losing previous money, it is not the right decision. I mean to cover losses in a hurry. You need to calm your heart first and just start doing things that are profitable to cover the losses in the past.
And someone once adviced me not to sell at loss. This Cryptocurrency is about doing research to pick a good coin, as you said, one may still sell and jump into another treading on still loss, I once sold a coin at loss, bought an IEO upon listing and still lost more. Patient is really the key in crypto. I have come to realise one do not know it all. Personal research matters than relying on FUD or FOMO
It is very difficult to recover after this amount of damage. In this situation you needs to be mentally tough too. After that, if you have made that investment in a solid project which gives you a chance to return to your previous position, then you can wait some period time with patience. If recovery possible that's great but if not, then the rest of the capital will have to be invested in a top project.
Exactly, what we need to do is to avoid by all means possible to lose 80% of our capital and this is only possible if you have very strong money management skills, this is why it is important to never invest all of your capital in one single coin, just think about it just to recover your money now you have to earn five times your current capital and that is just to breakeven and it doesn't matter how good you think you are as a trader or as an investor that is very difficult to do, most likely at that point an investor under those circumstances is going to get desperate and lose the rest of his money instead of recovering the capital that he has lost.
Change your mind first. When you have a loss, don't think that you have lost in the real thing because your loss has not yet become a reality, you do not sell it then you will not experience a loss.
But if you invest using hot money, you will not be able to have the thought as above because you have been wrong in fundamental trading, you must use cold cash for trading or investment, if you violate these principles then you are a fool.
But if you invest using hot money, you will not be able to have the thought as above because you have been wrong in fundamental trading, you must use cold cash for trading or investment, if you violate these principles then you are a fool.
It is very difficult to recover after this amount of damage. In this situation you needs to be mentally tough too. After that, if you have made that investment in a solid project which gives you a chance to return to your previous position, then you can wait some period time with patience. If recovery possible that's great but if not, then the rest of the capital will have to be invested in a top project.
If you lose 80% of assets / capital owned, we only need to be patient waiting for the price increase on the coins we invest in and if we do have more capital then start trading on other coins to recover our lost capital
if you have lost so much, there is no other option but to gamble, or it will take you a long time to get it back.
except that you know exactly when to buy and sell at the right time, otherwise it will worsen your balance.
or you can do a future trading, that give a big profit also risk too, because it very risky, you can lose all your funds in a minute or second.
except that you know exactly when to buy and sell at the right time, otherwise it will worsen your balance.
or you can do a future trading, that give a big profit also risk too, because it very risky, you can lose all your funds in a minute or second.
Well one should be then ready to lose everything if someone is choosing to gamble . If they can sustain even if they lose remaining 20% in gambling then it is fine as that risk if turn positive can help in making some money else with remaining 20% one should be waiting for market to fall and buy only the top coins during dips and keep booing profits when market rebounces.
if you have lost so much, there is no other option but to gamble, or it will take you a long time to get it back.
except that you know exactly when to buy and sell at the right time, otherwise it will worsen your balance.
or you can do a future trading, that give a big profit also risk too, because it very risky, you can lose all your funds in a minute or second.
except that you know exactly when to buy and sell at the right time, otherwise it will worsen your balance.
or you can do a future trading, that give a big profit also risk too, because it very risky, you can lose all your funds in a minute or second.
If you lose more than 80% of your Capital? surely gonna have a hard time trying to survive after a big loss .This time, you must be really studying / research on some coin that you are going to invest again to return from it . IF you Pick the right coin and invest in it which will be worth selling on time and and reap some benefit from it .
Losing 80% of your capital is huge enough to get an heartbreak, so firstly you need to be stabilized, and calm down.
After which you figure out your mistakes, what went wrong, do your research about a possible solution; then start again, you will win
After which you figure out your mistakes, what went wrong, do your research about a possible solution; then start again, you will win
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