Loss almost 40%, should stop trading or not ? - page 25.

Zadicar

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Quote from: fullypak on July 24, 2017, 06:24:19 AM

Quote from: centrum on July 24, 2017, 02:23:02 AM

Quote from: jamyr on July 23, 2017, 09:14:15 AM

Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

agree with you guys. its ok to hold your coins when the price dumps, whats not ok is you sell your coins in a loss manner or i rather say at a losing price.. just hold, you may stop or rest from trading but dont sell your coins in the losing side.

Now buying time over only selling time but don't get panic and sell now hold your coins at least this year end I think you will gain back your loss, yes the price will 100% increase in coming 2 or 3 months. I am expecting 50% increment in all reputed coins price. So don't give up be in patience.

Yes its indeed already selling time as of now since most coins are on price pumps as of now which we would really make money. If you are really longing for long term then holding now would be still ideal but for me its better to secure profits as of now and buy again when the price dips. Repeat this process all over again and you will surely make money out of it.

fullypak

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Quote from: centrum on July 24, 2017, 02:23:02 AM

Quote from: jamyr on July 23, 2017, 09:14:15 AM

Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

agree with you guys. its ok to hold your coins when the price dumps, whats not ok is you sell your coins in a loss manner or i rather say at a losing price.. just hold, you may stop or rest from trading but dont sell your coins in the losing side.

Now buying time over only selling time but don't get panic and sell now hold your coins at least this year end I think you will gain back your loss, yes the price will 100% increase in coming 2 or 3 months. I am expecting 50% increment in all reputed coins price. So don't give up be in patience.

flyingcat

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Quote from: nicolas1979 on May 28, 2017, 08:47:01 AM

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

Oh man! I have been wanting to foray into cryptocurrency market and I've been studying trends. But all this speculative price movement is making me really apprehensive. Can anyone help me out?

You can take loss and withdraw to FIAT at now, the crypto market in recently special from June to July very risk, more speculator joined and they not know the rules trading. Try trading in current will make you loss more money!

xavi55

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Quote from: nicolas1979 on May 28, 2017, 08:47:01 AM

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

I too have suffered losses. Purchased BTC at a higher price... the volatility is crazy... hopefully, the prices will go up soon......

miki10

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Quote from: nicolas1979 on May 28, 2017, 08:47:01 AM

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

What you did was completely opposite to the normal laws of buying i.e. buy low sell high. I too have suffered losses in eth. But I am holding on to my coins because the market is very volatile. You never know what might happen the very next moment.

centrum

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Quote from: jamyr on July 23, 2017, 09:14:15 AM

Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

agree with you guys. its ok to hold your coins when the price dumps, whats not ok is you sell your coins in a loss manner or i rather say at a losing price.. just hold, you may stop or rest from trading but dont sell your coins in the losing side.

zarados

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Quote from: nicolas1979 on May 28, 2017, 08:47:01 AM

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

Are you trade with leverage? If you do, stop right now, because what you do is not trading but gambling. Never expect instant profit in trading, especially in terms of cryptoss, you need to study the graph first and then decide to invest. That way you can know when to invest, choose a good entry point, when to sell and when to take profit. The previous comment already explains some ways you should look, in general do not buy when the price is rising, and do not sell when the price is down.

Sanitough

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Quote from: Raja_MBZ on July 23, 2017, 02:55:35 PM

Quote from: NikS13 on July 23, 2017, 02:41:09 PM

Why would you sell at a loss? Dumb action imo

That happens when you start trading, see, suppose someone buys ethereum at 0.10 and it goes down to 0.08, some stupid people around would start screaming "it's going to die now", and you get afraid and sell all at 0.08, thinking that I might just save the current left ones instead of losing everything.

It's a dumb thing to do, but that's usual with starters in trading.

Sometimes people sell for a loss on a certain asset to take advantage on buying a much cheaper one, there is no way you will
not sell at a lose when you are day trading because no matter what you have to live with your goal.
Maybe there are exemptions which you call dumb people who sells their holdings at a cheaper price because they are panic,
once their emotion played trick with them that is where they will loss and with weak emotion there is no success for long term.

BitcoinMinierRobot

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Quote from: nicolas1979 on May 28, 2017, 08:47:01 AM

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

How to make money with crypto currencys and how the bot works
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Potato Chips

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Quote from: PokerFace3 on July 23, 2017, 09:18:55 AM

Quote from: jamyr on July 23, 2017, 09:14:15 AM

Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

Holding and being patient all these are all only recommended with bitcoin trading definitely not with any other altcoin. As of now, holding bitcoins to recover losses must be the easiest way of trading rather than struggling with unpredictable volatility of market movements.

Bitcoin prices are speculated to have huge price levels in near future hence holding them will get anyone big profits Recovering losses by holding is highly suggested one for those who are in losses due to improper trading.

I agree on almost all claims exept on altcoins. holding bitcoin is a great choice indeed and its less risky compared to trading. if you don't really need much profit go for hold.
but if you want bigger profits go for trading altcoins. holding bitcoin requires a long time frame now if you also trade altcoins it can be higher than that as trading doesn't require long time frames in most cases. its just that yah the risks are higher than holding bitcoin.

high volatility depends on how you view it, to some it can be a disadvantage and it can be an opportunity
watch and observe the markets of altcoins, don't forget where bitcoin begun. as of now i can say that we have many promising altcoins some of them are getting more stable and bitcoin dominance is slowly decreasing every year. all i can say is this crypto world is unpredictable so be open minded as always.

Raja_MBZ

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Quote from: NikS13 on July 23, 2017, 02:41:09 PM

Why would you sell at a loss? Dumb action imo

That happens when you start trading, see, suppose someone buys ethereum at 0.10 and it goes down to 0.08, some stupid people around would start screaming "it's going to die now", and you get afraid and sell all at 0.08, thinking that I might just save the current left ones instead of losing everything.

It's a dumb thing to do, but that's usual with starters in trading.

NikS13

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Why would you sell at a loss? Dumb action imo

wahb

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Quote from: PokerFace3 on July 23, 2017, 09:18:55 AM

Quote from: jamyr on July 23, 2017, 09:14:15 AM

Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

Holding and being patient all these are all only recommended with bitcoin trading definitely not with any other altcoin. As of now, holding bitcoins to recover losses must be the easiest way of trading rather than struggling with unpredictable volatility of market movements.

Bitcoin prices are speculated to have huge price levels in near future hence holding them will get anyone big profits Recovering losses by holding is highly suggested one for those who are in losses due to improper trading.

yes instead of quieting gambling it will be good if we hold. specially if we are trading bitcoin. because we can see that there is always always a big fluctuation in the price of bitcoin and therefore there are more chances that the price of bitcoin will recover soon. to me i will always recommend to change our trading strategy, which can be helpful to overcome our lost in trading.

PokerFace3

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Quote from: jamyr on July 23, 2017, 09:14:15 AM

Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

Holding and being patient all these are all only recommended with bitcoin trading definitely not with any other altcoin. As of now, holding bitcoins to recover losses must be the easiest way of trading rather than struggling with unpredictable volatility of market movements.

Bitcoin prices are speculated to have huge price levels in near future hence holding them will get anyone big profits Recovering losses by holding is highly suggested one for those who are in losses due to improper trading.

jamyr

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Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

MiXxe

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Quote from: mklost on July 23, 2017, 08:47:45 AM

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

Continue trading play on or invest small amount at first and losing is always a part of our life ,that will be our fuel to learn and to be a better trader .If you lose all of 40% don't quit keep striving but if you lose more than 100% think for it if you can afford again and try .Lost due to low marlet now is depends because you can adjust youerself with that amounts so you can recover .

mklost

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Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

ShadowBits

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Quote from: nicolas1979 on May 28, 2017, 08:47:01 AM

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

if you dont have patience i suggest you stop trading
its the number 1 rule to follow when it comes to trading second is to be not greedy and third is to not trade with your emotions...
i have lost also in my trading but i have gains also and decided to invest it again on other altcoins
if you decide to trade again just dont put all your money in one currency, there are lots of good altcoins to consider all you have to do is to do some research first to lessen the risk
goodluck hope you can catch up with your loss

Golftech

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Quote from: Yutikas_11920 on July 20, 2017, 07:50:01 AM

Quote from: harjas2517 on July 18, 2017, 07:43:10 AM

Bro you must have more patience if I were you I will definitely hold the coins you had good that you sold already in loss. Trading is the game of patience always confident about your coins.

Hmm, indeed an advantage in trading comes from patience and if we don't have it already certainly will get plenty of big losses. Because trading is not just play the power of our thoughts, but also look at the available data. Because a trading has always been transported or renewal, if we can't follow it's definitely going to get the loss. So, be someone who is impatient, and always sharpen our analysis

knowledge is the advantage having that in particular will allow us to grow our investment, you really needed patience in terms of doing this type of activity
since in trading most of the time weak holders being fooled by those who have knowledge in terms of moving certain project so if you really wanted to
advance and earn you must do your homework.

mirakal

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Quote from: ChrisPop on July 20, 2017, 07:29:36 AM

You should stop trading,revise your strategy and learn from more experienced traders and do paper trading first or with very low amounts so you can test your skills. Also look to trade coins who have great technology and developers backing them so even if you buy too high it will eventually raise above that.
And don't forget to have patience! Wink

I definitely agree with you, if we quit we will not gonna have success financially, trading is the best way to earn and it's common to some people who lose at the beginning but if they keep learning from their mistakes and improve their method then I'm pretty sure somehow they will have an improvement.

The thing is, sometimes we do not have that patience which is necessary to be a trader but it can be learn if we will accept our mistakes and eventually we can find solutions that could make us consistent in trading. Once you get their, you will be thankful for not quitting because the money you can get has no limit and you are the only one who can limit yourself.

Topic: Loss almost 40%, should stop trading or not ? - page 25. (Read 32553 times)