Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Oh , I think that it depends much on you, I don’t know anything about your situation right now. But I advise you to think more careful because as you know that crypto market is extremely volatile, sometimes after you’ve just sold it, it increases immediately. You should be more patient, crypto market requires lots of risks. You should HOLD it right now, because from my experience, you maybe get a big when you hold and waiting is the best wait to recover the loss. Don’t get worry too much, in crypto market you sometime have to accept the loss. 
Topic: Try to recover loss - page 13. (Read 1942 times)
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
so you wanna cut the losses?let me ask you some question is this the only way of earning do you have to feed your family?if yes then go sell all your altcoins,but if not if this only your spare money,then HOLD and wait for the recovery,this may take time but surely will bring back your loss in time,i have the same situation as you,but i am continuously holding and hoping that this dip will stop and growth will happening again for all of us
People always try to recover the loss but they actually forget that we should protect our fund first before we're doing it.
Somtimes they're chasing the loss and lose everthing they have, like gambling.
I agree with you. We have to protect our fund rather than recover loss. The more recover we want to do, the more money we might lose. It is never a good idea to recover loss. I have lost a huge amount of money when I try to take what I have lost Somtimes they're chasing the loss and lose everthing they have, like gambling.
Selling your coins in loss is a bad idea unless u are sure that u can buy them in deeper , u can recover your loss by patience and holding good coins.
Yeah it's a bad idea but people tend to do this because they think they can buy deeper price to gain more coins but unfortunately there are two outcome here. First, if they sell and the price went up then you will received a big loss in your bank roll but if go deeper then you win your gamble. It's just a matter of strategy on how we will recover our loss.
it depends of which coins are we talking about if you tell us it is better...
by the way:
-never sell anything
- it is the worst time to sell altcoins
- i sugget to hodl until altcoins start recuperation
That is a good suggestion never sell, and hold until the price goes up. But it's depend on how to recover his/ her losses maybe think first what best solutions to recover your losses. by the way:
-never sell anything
- it is the worst time to sell altcoins
- i sugget to hodl until altcoins start recuperation
People always try to recover the loss but they actually forget that we should protect our fund first before we're doing it.
Somtimes they're chasing the loss and lose everthing they have, like gambling.
Somtimes they're chasing the loss and lose everthing they have, like gambling.
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
I don't think this is the best strategy that you can do in trading. Its better if you average out in order to regain your money. If you don't know average here is the short and simple way of explanation. Credits to the one who taught this to me.For example: You bought BTC at 8k and it dipped and it reaches the 7k mark. Buy again at the 7k mark and wait for it to rise. Average it (8k + 7k = 15k and then 15k / 2 = 7.5k). This means that if you sell your BTC at 7.5k, you are now break even and selling it at higher price will give you profit now.
I've tried what your thinking of doing and it didnt really workout for me. I ended up loosing more than what i initially had and it created a sense of desperation in me which made me want trade even more in an attempt to recover my profits. If i were you i would just hodl which is what im doing right now.
I also tried that strategy one time when I was a newbie and can't control my emotions. I ended up losing my money too but gladly I didn't lose all. Now I am recovering my loss and now I am have much more knowledge now and I can control my emotions.Trying to revenge from markets only can lead to one final: Trader will lose all balance/investment sooner or later. Recovering loss is kinda to keep falling knife while you act emotionally. Market is always right and trading mistakes will make you wise person.. I always turn off computer in case of losing money in market.
One of the worst thing to do if you sold it a loss is thru revenge trading. This happens when you can't control your emotions and you let your emotions take the way. This must not be done and you must control your emotions even you are at a loss. First think when you sell at a loss what will you do or feel?When I trade, I always ask myself "When I do this, what will I feel or what will I do?". In this way you can control your emotions.
Since you have chosen to do this, then I think you must first have a good attitude to analyze why it causes losses, and then sum up experience to determine when it is possible to start and when to sell. For this one Accurate judgments determine whether you can make a profit.
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you sell your altcoin in low price how can you recover? It's obvious that you losr your money if you do that.
Maybe you just need to wait for now until the price of all your coin will increase again and if you already get profit from the coin you have then it's time to start trading in another coin.
of course we lost money if sell in low price or cut lose.
I do that if the price is possible will be down more and waiting to buy in the low price to recover my lost before.
Never, never, never, try to "recover losses".
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
It can be possible to cover back your losses but may not be from same coins. Because sometimes if you think that you have invested in some shit coins then you need to book those losses and reallocate those funds on other good coins and wait for them to gain the profit. In this way, you can get back your losses but it may take more time to give you good results.
I agree, because I have done it myself. I take loses on one coin, and then shift my capital to others and see if I can at least recover some and it did work because I was lucky enough to get in while the shitcoins is not yet being pump.
Its an effective method, but you need to be very careful specially the coins that you want to move, because in any case you lose again, then its a double whammy and its very difficult to get up again, unless you shell out additional capital. So the risk is x2 but if you made the right decision, then you can recover some and can probably book profit as well.
Never, never, never, try to "recover losses".
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
It can be possible to cover back your losses but may not be from same coins. Because sometimes if you think that you have invested in some shit coins then you need to book those losses and reallocate those funds on other good coins and wait for them to gain the profit. In this way, you can get back your losses but it may take more time to give you good results.
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you sell your altcoin in low price how can you recover? It's obvious that you losr your money if you do that.
Maybe you just need to wait for now until the price of all your coin will increase again and if you already get profit from the coin you have then it's time to start trading in another coin.
of course we lost money if sell in low price or cut lose.
I do that if the price is possible will be down more and waiting to buy in the low price to recover my lost before.
in fact there is no easy way to recover losses unless we can really predict what will happen to the next market situation. if we feel that the market will continue to decline then also sell and buy back at the lowest price. but do not hesitate to do so.
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
yes, at this time altcoin prices are in a very rapid decline, and for example going to sell your altcoin right now is going to be a lot of losses and you're not easy to get it back, if I think you better keep it until the price goes up again.Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
yes, at this time altcoin prices are in a very rapid decline, and for example going to sell your altcoin right now is going to be a lot of losses and you're not easy to get it back, if I think you better keep it until the price goes up again. Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover from your lost, do not ever think to sell your altcoin now because it will only mean that you surrender your chance of gaining back what you have lost. Selling altcoins during red days will only add to the list of your losses. Instead, keep holding, forget it for a two or three months then check it by that time then you will surprise how the price recover. You have to put in mind that cryptocurrency whether it is bitcoin or altcoin has the volatility nature. Meaning, dumping is part of the whole picture. But as long as you keep holding, you will soon recover your losses when its value pump again.
Never, never, never, try to "recover losses".
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
Everything is possible in this world) The things you need - patience and purposefulness
Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
When it terms pf selling coins when it is in lower price than before . I believed that it is possible to recover again maybe it came back to its original price or increases more . All i know that bitcoin or any coins will decrease this first week of the month january this year it also increases and recovef by the end of this year. All we need to do is too wait to have your money more valuable and higher to its price when its in the process of recovery nowadays. Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Actually we are all effected because of this red market virus since we are experiencing nightmares and pains knowing that the whole market is in the dump stage. However, you opinion is also right for me since that is your way on how to recover your lose. Jump to: