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Topic: What to do if you lose $2,000 in trading? - page 13. (Read 13186 times)

newbie
Activity: 84
Merit: 0
If I loss $2,000, I feel sad first Embarrassed After that, I'll investigate why I have lost that amount of money. Then refreshing my mind before entering new trading.
Keep your money is the 1st goal, gain profit is the 2nd goal Wink
legendary
Activity: 2100
Merit: 1058
How did you lose $2000 in trading? Did you sell your coins already? If you haven't sold it yet, you cannot considered it as losses. You will only lose once you sell your coins. If you see that your portfolio is in red and everything went down, just keep on holding your coins because it will eventually recover from those dumps.
Yes, his question is not really clear, if we lose, we sell the coin out, and the loss is when we are still holding the coin. These are two completely different things. But losing or losing is a lesson for him. Let's draw on experience in the market if next time encounter this problem.
Yeah you're right, if you're gonna lose your money because the price goes down, you better keep hold your coin with the note the coin you hold still has the possibility to return pump, eg bitcoin. of course it is best to holding because the price will definitely go back up, if you've lost because of the wrong choice, then all you have to do is be patient and make it as an experience
You should not repeat the mistakes you did while loosing this amount and should remake your weakest points in a good shape those may lead you towards success and profit.

While trading you need to be self efficient and should monitor the market before selling in the presence of market rules and principles you will not face any problem and loss but this loss is not a little loss, you have to keep your coins for a high price so that you get profit.
newbie
Activity: 59
Merit: 0
Please check the failed transactions and draw experience for yourself Grin
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
Getting profits and losses in the crypto trading is normal even if you lost $2000 you can earn it soon and you have to remember that you never lost anything until you sell them so keep holding whenever the prices are low and keep buying if you can afford more money.
sr. member
Activity: 448
Merit: 250
I would regret hard, mmaybe cry a little Smiley and then start right at the point I was before and continue to trade, but with more care and attention.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
being sad is normal and it could happen to everyone especially if we are getting lose $2,000 in trading but we have another option to gets up again so we can survive in the trading. and if we can accept that this could happen to everybody and we know that in out there, many people lose more than $2,000, we can try again in trading while we can learn from our lose so we can take a good lesson from the loss. I am sure that from losing that we have, we can have a good experience to learn more in trading so in the future, we can avoid from getting lost and we can make another profit.
newbie
Activity: 137
Merit: 0
It depends on how much you have invested at first.
If you invested at least 4-5k$, then you have lots of options to give it back, because 50% of profits on cryptos are not something unusual. You can't make it fast with ETH or BTC, but there are lots of new altcoins, and also lots of good ICOs, which are actually pretty hard to find amongst trash.
If 2000$ were not even a half, just go over it, sure it's good experience and you will make some conclusions
full member
Activity: 420
Merit: 101
member
Activity: 139
Merit: 10
Nothing, i would just continue trading like if nothing happened, only that i would try to do not make the same mistakes than before (just like all the people should do) so no, i do not care much at all.
sr. member
Activity: 448
Merit: 250
I would be highly frustrated, but then I would calm myself and continue trading, but also I would try to be more accurate now
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
What make cryptocurrency trading exciting and some times painful is that at the very best of our choices,  we are still human!  We may create bots and develop a pattern, stick to our procedures but time and again we will miss it or make mistakes!  We need to accept thus side of us and planning to make use of this weakness when it comes!
full member
Activity: 266
Merit: 100
The one who once came to the cryptocurrency market will not leave from here. Therefore, don't be upset, there will be many more ups and downs because this market is only at the beginning of its path and development.
It seems to me that if a person can not cope with emotions, because for some reason he has lost his money, then such failures will be repeated all the time. first of all you need to solve the problem with your emotions, And then think about minimizing the risks of losing your funds in the future.

One thing to remember in trading crypto is, never sell your coins if you get no profit yet. When we are in the red zone we have to keep hold our coins as long as possible.
member
Activity: 644
Merit: 10
The one who once came to the cryptocurrency market will not leave from here. Therefore, don't be upset, there will be many more ups and downs because this market is only at the beginning of its path and development.
It seems to me that if a person can not cope with emotions, because for some reason he has lost his money, then such failures will be repeated all the time. first of all you need to solve the problem with your emotions, And then think about minimizing the risks of losing your funds in the future.
sr. member
Activity: 672
Merit: 250
It would depend of your capital power. If you put $100k in first place you can lost $2,000 and it would be nothing. But if you started with $5k you would feel very bad.. In my opininon you should prepare yourself to earn or loose. There are many many problems that everyone can have in cryptocurrency business..
It depends on the reasons of why you lost that money in the first place, for example right now unless you sold your coins at the every top of the market everyone is losing money and it is losing a lot more than what you are suggesting but if you are a long term holder losing that amount of money is not a big deal but if you lose that money through bad trades then you need to take a step back and reevaluate what you are doing with your money.
Absolutely! It's not an easy situation to deal with, but you need to move forward and learn from that experience to be a better trader. You need to accept the fact that risks are part of trading, at the same time you have to analyze where you failed at, and fix the mistakes. Expect for more challenges to come, more bad and good experiences, don't panic, it's a normal trend. Trading is exciting and fun and that's if you learn to play with it wisely and strategically. Stay patient and positive.
newbie
Activity: 294
Merit: 0
Don't despair if you lose 2000$ and avoid panic,control yourself.Try to find out what you make wrong.According to that trade your business, I m sure you will make profit more than you lose.
jr. member
Activity: 644
Merit: 1
The one who once came to the cryptocurrency market will not leave from here. Therefore, don't be upset, there will be many more ups and downs because this market is only at the beginning of its path and development.
jr. member
Activity: 149
Merit: 3
in cryptocurrency there is no loss! it could only means losing if you convert your coin back to fiat... if you see your coin are dropping by, then better hold your breath sit back and relax... nothing to worry about in due time, the coin will rise up again. so better hold if you see it losing.
jr. member
Activity: 84
Merit: 1
trading isn't an easy money you need to learn and study how technical and fundamental analysis works first for you to have a guide before entering a trade.
jr. member
Activity: 317
Merit: 1
Maybe I was not lucky that day if I lost that much money. So continue trading again. For me to move and forget about it because I will get it again I will stress myself because I do not know what will happen
legendary
Activity: 2534
Merit: 1338
It would depend of your capital power. If you put $100k in first place you can lost $2,000 and it would be nothing. But if you started with $5k you would feel very bad.. In my opininon you should prepare yourself to earn or loose. There are many many problems that everyone can have in cryptocurrency business..
It depends on the reasons of why you lost that money in the first place, for example right now unless you sold your coins at the every top of the market everyone is losing money and it is losing a lot more than what you are suggesting but if you are a long term holder losing that amount of money is not a big deal but if you lose that money through bad trades then you need to take a step back and reevaluate what you are doing with your money.
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