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?
That's a wrong move mate if your in trading then suddenly choose the coin you buy You need to believe on it even your in lost .selling it at more cheaper price is considered as lost but holding it for another more months or week have a possibility to recover your lost. If you worried In your bought coin sell it at early as possible . 
Topic: Loss almost 40%, should stop trading or not ? - page 30. (Read 32551 times)
You still have 60% of your money. Those losses that you have is a learning experience for you to be careful in where to invest and control your emotions. Your number one enemy with trading is your emotions. Sometimes holding a little bit longer makes a lot of difference compared to selling a bit early thinking that its a possible loss.
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?
No ,Don't stop in trading it is normal situations because of the volatility of the market .Then if you stop you will lose only and end with a losser .Your patience will test your skills its a skills already in trading ,it is the enemy of all traders who doesn't have a long patience .The more patience you have the more earnings will come to you .
You should stop trading for the time being - your description sounds like emotional and irrational trading that is causing you to lose Bitcoin. You need to have a good understanding of the cryptocoin industry, the right mindset, the ability to assume risk, and patience to trade successfully. Also, what is a 40% loss one day in the world of cryptotrading, may not be the next day or week.
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?
That is what mostly the problems of new traders. They are very emotional. So what if your coin dumped? It can still go up and selling it is your mistake. You lost your money not because the coin goes cheaper, its because your too weak to hold the coins and sell it.
You can't really blame new traders if they panic sell as it is normal and would be a part of their learning experiences. I don't think it's time to give up just yet especially if you've tried and lost only a fee times. Even longntime traders commit mistakes and lose money as well.
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?
That is what mostly the problems of new traders. They are very emotional. So what if your coin dumped? It can still go up and selling it is your mistake. You lost your money not because the coin goes cheaper, its because your too weak to hold the coins and sell it.
You are completely being annoying with trading methods. I am feeling like you are very emotional dependent trader which is not good thing for a trader. Emotions always test you when you do trading by making you impatient (as you being one) and making you loose money. See, first thing you start a trade with a goal of making X % of profit and keep in mind that you won't leave that trade unless and until you reach your goal. The strategy is very simple, if you decide to buy something you love, then you will have it at any cost and you wont let down your emotions over that thing because you love it. So trade with patience and make your goals your greed not impatience. Also, try to find good asset before you put yours takes on it. This will do half of your successful trade. Always remember to chose good asset + to put a goal to get profits. That will make you good trader.
the decission would belong to you because only you could suffer this losses from your trading activities but you had make bad decission with buying the coin when it was pumped and sell immediately because you will fear huge losses but if i to be like you i would continue my trade activities and still curious to recover my losses and better do not trade with emotion because it will ruin your trading results
In trading making good decisions is a must. If you will gonna make trades you need to know the basic and proper way of trading. Actually the basic rule in trading is you always need to monitor the price and if price is the point you will need to manage whenever you want to sell or buy. And for a newbie in trading you always need to follow the trend of a coin or bitcoin so you can know the possible changes. Buy when its low and always sell when it the price is high or in the other word hold until you reached your target price you will not end up on losing bitcoin. And also remember that in bitcoin there is always a risk and losing is normal just make sure that you learned from it. Do not stop rather develop your trading ways. I would keep holding if I were you. The time you start getting discouraged could be when the Market is about to turn in your favor.
If you must sell, sell and move to coin that is about trend up... just keep holding if you don't find any..
Im agree with you mate people are afraid to lose their money and profit however the moto of this trading is how you can earn id you don't risk? How you can grow your money if you afraid to lose coins. This is why there are news and ofher thing that can be done with trading. If the market are in favour for all then its totally a blast and everyone will become millionaire always find a coins that has potential to grow. If you must sell, sell and move to coin that is about trend up... just keep holding if you don't find any..
I would keep holding if I were you. The time you start getting discouraged could be when the Market is about to turn in your favor.
If you must sell, sell and move to coin that is about trend up... just keep holding if you don't find any..
If you must sell, sell and move to coin that is about trend up... just keep holding if you don't find any..
you can put another 20% to bet to profit back, although you have reached the threshold of loss if you have unwilling words.
but if you loss this 20% again, please exit the game, it's over to you.
If he won with his another 20%, he only recovered 20%. He must profited 200% or 4x from his 20% to recover all his losses before. Profitted 200% especially in altcoins trade is so hard, as the price always violate and we don't exactly know when is the right time to buy or sell. but if you loss this 20% again, please exit the game, it's over to you.
you can put another 20% to bet to profit back, although you have reached the threshold of loss if you have unwilling words.
but if you loss this 20% again, please exit the game, it's over to you.
but if you loss this 20% again, please exit the game, it's over to you.
If I lose 40% I stop trading and never trade anymore permanently. But I don't lose that percantage because I'm always using stopp-loss commands.
Yes its true, like when you know that you're already losing up, know when to stop. You lose almost half of your assets. Think first and clear your thoughts. Maybe you can do more readings about trading for you to have a strategy and gain more knowledge as this is important matter. Your money is in always at risk here.
Actually if trading is really what you want you will do everything to improve your strategy and ensure next time you will not gonna make the same mistake again. I think most of us have a losing experience when we are still starting but it's not a hindrance to stop ourselves in getting our goal.
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?
That is what mostly the problems of new traders. They are very emotional. So what if your coin dumped? It can still go up and selling it is your mistake. You lost your money not because the coin goes cheaper, its because your too weak to hold the coins and sell it.
very important as a trader is to have the ability to control his emotion, without that he will not be successful.
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?
That is what mostly the problems of new traders. They are very emotional. So what if your coin dumped? It can still go up and selling it is your mistake. You lost your money not because the coin goes cheaper, its because your too weak to hold the coins and sell it.
If I lose 40% I stop trading and never trade anymore permanently. But I don't lose that percantage because I'm always using stopp-loss commands.
Yes its true, like when you know that you're already losing up, know when to stop. You lose almost half of your assets. Think first and clear your thoughts. Maybe you can do more readings about trading for you to have a strategy and gain more knowledge as this is important matter. Your money is in always at risk here.
Actually if trading is really what you want you will do everything to improve your strategy and ensure next time you will not gonna make the same mistake again. I think most of us have a losing experience when we are still starting but it's not a hindrance to stop ourselves in getting our goal.
If I lose 40% I stop trading and never trade anymore permanently. But I don't lose that percantage because I'm always using stopp-loss commands.
Yes its true, like when you know that you're already losing up, know when to stop. You lose almost half of your assets. Think first and clear your thoughts. Maybe you can do more readings about trading for you to have a strategy and gain more knowledge as this is important matter. Your money is in always at risk here.
If I lose 40% I stop trading and never trade anymore permanently. But I don't lose that percantage because I'm always using stopp-loss commands.
I sugges to you dont stop in trading . Because if you stop trading your lose your opportunity . Trading is not easy but you can earn bitcoin ifbyou fully confident of what you doing . You need more time also and patience. Make a lot of research first before buying alrcoin to make sure that your altcoin you want to buy have potential . If you do this you prevent losing bitcoin.
I would like to suggest you that never stop trading try to bring change.If you have ability try to watch whats going on around. What is the mistake from where you start go to that point.If for you bitcoin is now very expensive then try to invest in altcoins. Because we know that altcoins is an alternative of bitcoin.Take a huge risk which can make your trade grow once again. 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?
For me its better to continue,theres still hope until dont die.That 40% might give you 10x profit when bitcoin increase on a high price for you to get your loses.You have to be brave to face that theres a hidden surprises for you in the future.As morning comes every morning there is still hope to every hopeless.So 40% have a very big hope for rhe coming time. Jump to: