Topic: What do you do when you are over 50% lose on your trades? - page 8. (Read 1381 times)
the best thing that we can do is close the computer, take a deep breath, do another thing that will make our minds is not thinking about the coin for all day long. and if we still have money, maybe we can buy more for each coin so we can reduce our average buy price and we can expect and wait for the price increase back. sometimes I buying the coins again if the price is down and I think that the coin has a good chance to increase in short time and I am willing to add another amount to my wallet.
On 10th I bought these coins...
QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097
UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548
TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097
UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548
TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
Didn't you just answer your own question?
Selling now would be the stupidest thing to do.
More than that, why did you choose these coins?
Well, whatever the case is, the crypto market is still in it's infancy and the market will rise. Just be patient.
Even coins that seem to be completely dead, some of these have been know to rise from the grave through new developers.
Not to mention if your dead coin gets targeted for a pump and dump.
This happened to me before.
I was doing day trading and say some movement potential in a shitcoin called eddiecoin. My timing was off and and I ended up with a bunch of eddiecoin just sitting on the exchange. I left it there with an open sell order for a hefty profit for 5 months and forgot about it.
Well, last novemberish I was suddenly suprised to see that my eddie had sold off!
I saw the trade history and it spiked in value 1800% in an hour and a half!
Then it dropped down to it's dismally low prices again haha.
So I was able to get rid of them for a decent profit.
Now, this is extremely rare though, so I wouldn't count on it.
I just do nothing and I relax because -50% is nothing in crypto guys! And it is not good to cut losses from projects that still have potential to grow up in the future. I just wait until the market goes bullish again.
Put your sell orders in for break even and hodl. While your waiting to get your money back in one STUDY STUDY STUDY. Once cash free up place it into your best pick and start to rebound your portfolio. We all go through this from time to time.
Some time we get a huge lose so its result that you don't know how to trade in crypto and you can't tolerate and you can't hold your coins the best option to hold your coins.
only best thing you can do is HODL until that coins give you profits.seems like you invest in good coins so one day they will rise.but you must be patient .that is the most wanted quality of any trader.if you are afraid for loss you can use STOP LOSS feature.it may cut your loss little bit.But don't sell in 50% loss.
If as a result of your trading activities you lost 50% of your funds it is a signal that you do not know how to trade in this market. You need to get serious training or become a long-term investor.
Losing more than half of the money we hold at hand does not mean that We do not know this market. Because this market does not have the usual valid economic theories.
If you believe that these coins are not just shitcoins but are really of good projects, then just hold on it. You could have exited on your hold when you lose less than 5% If you will sell it, you definitely lose your money.
If as a result of your trading activities you lost 50% of your funds it is a signal that you do not know how to trade in this market. You need to get serious training or become a long-term investor.
Turn off your phone, your laptop, your desktop, your blockfolio
Start painting, do meditation.
Come back 2 months later, everything is gonna be just fine.
Start painting, do meditation.
Come back 2 months later, everything is gonna be just fine.
On 10th I bought these coins...
QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097
UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548
TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
At such times, you need to temporarily stop trading. If you sell your coins in a panic, then you will regret it later. The best option is HODL. QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097
UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548
TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
just forget about them for few months, market will give you chance to exit just be ready for it them, stay put my friend
I have invested into populous and lost 65% through the dip. I haven't seen any pump lately just dip. Pulling out my hair rn. I invested into nano when it was at 28$ and it dip to 18$ n I pulled out had 400 coins too.
the main course you must be patient, because crypto has a very significant and rapid change of value. so you do not have to worry, hold up until your coin is up.
On 10th I bought these coins...
QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097
UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548
TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
At such times, you need to temporarily stop trading. If you sell your coins in a panic, then you will regret it later. The best option is HODL. QLC 665.39235960 spent 0.04669735 BTC now value 0.02208817
DBC 3489.01913490 spent 0.11399558 BTC now value 0.04789097
UTK 999.14623990 spent 0.07351075 BTC now value 0.04367548
TRX 11704.11100000 spent 0.11480700 BTC now value 0.07415842
VTC 43.46405229 spent 0.01995629 BTC now value 0.01713204
MUSIC 6321.99316783 spent 0.04531524 BTC now value 0.02180519
If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.
How do you handle when you are in my situation.
"Hold your horses!" -- 
WAIT for your success. There's always a rainbow after the rain. 
There was a sharp decline now, BUT it will go up again in the future. So, don't worry and be happy. Try to divert your attention to other things. Make some alternative way to earn money and go back to your Altcoin when the price is high already.
WAIT for your success. There's always a rainbow after the rain. There was a sharp decline now, BUT it will go up again in the future. So, don't worry and be happy. Try to divert your attention to other things. Make some alternative way to earn money and go back to your Altcoin when the price is high already. Cutting a 50% loss is too much.. Instead, just forget about that trade and focus on another opportunity for now.. You can check on it from time to time in case price has improved.
That is true, 50% is too much but their is no too much to a business minded person. In bitcoin and when you are trading you don't even look for the lose but instead look forward for what you are going to get from it. When you are trading you must be ready to take a risk because it is realistic.
Such a situation is especially difficult if you invest only a little and you can not afford to invest again. My only advice to you is that when it does not really hope that it will increase it must decide to release it. Or give it a little more time. Like love, If you can not wait for , you lose.
the last time we saw how the coins just went up the hill and there was no drawdown from them. So this is a normal phenomenon that they all sagged and bitcoin the same way.
I think everything will go up
I think everything will go up
be patient. don't rush you take a decision, if the price is still down 50% from the beginning you buy, maybe now you must hold it for the time being. because it is at the beginning of the year often a decline in prices.
I agree. I think this is happening because you're hyped, and you want a short cut to get your losses back. I am not saying that trading is gambling, but just to show the context, when you gamble and you lose, you enter a state that you want to play more to get your loses back, on the other hand, if you win, you would want to play more to extend your winnings. Either way, the effact is the same, you want to play more for different, and wholly opposite reasons. Similar with losing in trades, you would normally want to get it back quickly, so the best move is to stay away from it, breathe, and check why you are losing, and do the necessary measures to avoid them.
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