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.
Topic: What to do if you lose $2,000 in trading? - page 14. (Read 13196 times)
$ 2k is a big number but I will consider it a valuable lesson. People will experience great failures to gain experience.
I have spent more than $ 4k6 on investing in bad ICOs and losing over $ 1k8 on impatience in trading. But it will motivate me to learn more about the right way to invest.
I have spent more than $ 4k6 on investing in bad ICOs and losing over $ 1k8 on impatience in trading. But it will motivate me to learn more about the right way to invest.
$2k is still bearable maybe for US citizne but it could be big for other countries because of exchange rate. But I still believe that the loss in that has given the person a lot of information to make things right the next time he wants to begin another trading journey.
I think that different strategies a lot and this topic is more intended for beginners. I have on similar schemes the strategies are available. But I won't tell them.
Well loosing $2000 in trading is not okay because $2000 is not a small amount of money, but i think you should continue on doing trading because trading is a good source of income and i belive you can learn from your mistakes so next time you will not lose your money anymore. The inputs you have given are very true and yes, this is the fact that, we should not invest all the hard earned money in one coin, because we never knew when the market raises and when it crashes. I am not verymuch experienced in trading but i started my trading with very less money like less than 500 USD and i lost around 200 USD because of FUD i sold coins. Then i realised that i should have my own selling strategy, i created and it is working good for me even when the market is low.
Have a specific investment plan to invest in this market, in which divide capital is a very important thing that you need to know. If you only invest in a single coin then it is very risky because the market is constantly on the move and the money you invest can be a drastic drop, in addition to dividing the capital you will also be able to DCA Coins have been invested so that money can be recovered when the market drops. Loss is also part of trading but if continuosly you losing money there is something wrong and make analysis to find where you lack.Bad selection of coins,Get panic and early sell,always buy at high are the major mistake to lose money.So due to course of time should make analysis to minimize the risk of lose money.
Everything depends on your income: probably, for some guys, 2K is nothing. However, I suppose in this situation the worst thing is to be depressed. Cheer up and go on.
failure is a delayed success, do not despair, rest assured yourself to succeed. if you lose a lot of money in crypto it is a risk of trading because crypto prices are very fast changing
It is a very curious statement. Yes, probably when you get a lesson from your loss, you will never make the same mistake in future. 2 thousand will be returned fast then.
The inputs you have given are very true and yes, this is the fact that, we should not invest all the hard earned money in one coin, because we never knew when the market raises and when it crashes. I am not verymuch experienced in trading but i started my trading with very less money like less than 500 USD and i lost around 200 USD because of FUD i sold coins. Then i realised that i should have my own selling strategy, i created and it is working good for me even when the market is low.
I have lost my entire capital multiple times in my initial days of trading when I used to trade based on others opinion and random tips from the chat box of the exchanges. Soon I realised that I was doing it in a wrong way and thus I was getting the same results again and again. I believe that introspection is the best way to deal with a loss in trading, in fact, I lost is not a bad thing if we are learning something from it and avoiding the same mistakes in our future trades.
Bidding can be lost only when you move to another currency, and while you stay in the same temporary damage.
It is necessary not to succumb to emotions, remember - while the crypto currency is not sold cheaper - nothing is lost yet, it can fly up.
It is necessary not to succumb to emotions, remember - while the crypto currency is not sold cheaper - nothing is lost yet, it can fly up.
Loss is also part of trading but if continuosly you losing money there is something wrong and make analysis to find where you lack.Bad selection of coins,Get panic and early sell,always buy at high are the major mistake to lose money.So due to course of time should make analysis to minimize the risk of lose money.
Everything depends on your income: probably, for some guys, 2K is nothing. However, I suppose in this situation the worst thing is to be depressed. Cheer up and go on.
Loss is also part of trading but if continuosly you losing money there is something wrong and make analysis to find where you lack.Bad selection of coins,Get panic and early sell,always buy at high are the major mistake to lose money.So due to course of time should make analysis to minimize the risk of lose money.
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 next
failure is a delayed success, do not despair, rest assured yourself to succeed. if you lose a lot of money in crypto it is a risk of trading because crypto prices are very fast changing
It is a very curious statement. Yes, probably when you get a lesson from your loss, you will never make the same mistake in future. 2 thousand will be returned fast then.
Learning from the lessons is important but also you need to stay high after your loss. If you start complaining, you can't be able to recover your loss in short term. You be nervous then and this disables you make good trading.
True beside of taking the complain why you dont have to make a way to recover for what you may have to loss people tend to have some way to get it back if they can be able to experience but according on it this is may result for another loss.
failure is a delayed success, do not despair, rest assured yourself to succeed. if you lose a lot of money in crypto it is a risk of trading because crypto prices are very fast changing
It is a very curious statement. Yes, probably when you get a lesson from your loss, you will never make the same mistake in future. 2 thousand will be returned fast then.
Learning from the lessons is important but also you need to stay high after your loss. If you start complaining, you can't be able to recover your loss in short term. You be nervous then and this disables you make good trading.
failure is a delayed success, do not despair, rest assured yourself to succeed. if you lose a lot of money in crypto it is a risk of trading because crypto prices are very fast changing
It is a very curious statement. Yes, probably when you get a lesson from your loss, you will never make the same mistake in future. 2 thousand will be returned fast then.
if i lose 2000usd in trading i am sure i will get back all money i lose,the first i see where i wrong,expreince for last time,i see i can trading or hold for long time,now i see i only hold for long time,i can't trading day,because it is very difficult to see market in the short time,we need chosen time to buy,no buy when the market strong grow up with 50-70% from bottom,i only buy when the market fall and near the botton when the market start grow up of last trend
If I loss that much money, I won't stop trading then I will try to recover my losses and learn from my mistakes.
That is like a trader. I can bet that people would have lost much more money than this during their career. This is the sole reason why trading is considered as one of the most challenging profession in the world. It is not easy to make profits in the beginning due to lack of knowledge and experience but with mistakes, a person learns necessary lessons and embarks on real success. Giving up means having this regret forever in life.
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..
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