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Topic: What to do if you lose $2,000 in trading? - page 17. (Read 13186 times)

member
Activity: 392
Merit: 21
If I loss that much money, I won't stop trading then I will try to recover my losses and learn from my mistakes.
jr. member
Activity: 64
Merit: 2
What did you do to lose 2k $? You buy and see the market go down so you sold what you have? Take a breakdown of what causes you to lose money, From there you will get better handle for yourself.
I think it is normal because I have seen many people who lost more than $2000 in one day. One of my friend lost about $8500 in one night. You should be patient and don’t think too much about loss. Stay there and do your best to recover your lost money in crypto trading. Day trading is the best way to regain your money but you will to be patient.
newbie
Activity: 107
Merit: 0
If you lose $2,000 worth of cryptocurrency, then there is a problem to you. Check first yourself if you have capability in trading because if you will continue what will you do, it may lead to total bankruptcy. Unless, you are a millionaire.
Trading is a risky way of earning, you may gain or lose money. If you will enter the world of trading, be wisely and knows every side wether dump or pump of the coins you hold.
yeah because 2000 us dollar is a huge amount, for us simple traders that can make us really upset because we do not own a lot of money. Mistakes happens and it should not stop you from doing what you love,instead be better at it so you can be successful the next time you do trading.
legendary
Activity: 1330
Merit: 1019
If you have lost money, you need to analyze the reason why you lost them. It's an accident or a pattern.
Panicking out, staying sad and depressed, thinking about giving up and trying some other way for meeting the needs of life is what in would strongly oppose. These cannot bring anything but further regrets. The method that you suggested is the right one to deal with such situations.

Every trader comes across such situation more than one time in his career. All the successful traders were once a novice too screwing up but they learn from their mistakes.

newbie
Activity: 22
Merit: 0
I i lose up tp 60% of account, i willnot cut loss, because the market would change the direction soon, i only accept the maximum loss to 10% / account capital.
full member
Activity: 434
Merit: 100
Losing two thousand US dollar is definitely horrible might to happen because its all about your own money but dont lose hope,
just think that this is god purpose to make you better trader in using money.
sr. member
Activity: 574
Merit: 250
If loosing $2,000 a big deal for you maybe you invest with money which you cannot afford to lose? I believe the prices will increase eventually but I will never reccomend use last money for crypto
newbie
Activity: 196
Merit: 0
do not despair trading in crypto is risky you can lose big and you also can profit big, most importantly do not despair because failure is a delayed success.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Trading is too risky i know and losing that big amount is unacceptable for me. But i know there so many ways i can do to find where i lose and how to get it back. Patience is one of the key to success.
Well I believe that everyone happens for your good. If someone has got a shock of this much amount in trading, it is all about to make him learn that things can’t just work this way. There are other ways as well to make yourself stronger and right about your mistakes that must not be repeated again. And all those who listen to this specific voice, they never loss so badly next time.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
losing $ 2000 may be a little bit for big investors, based on my experience, when the price of my coins goes down I buy it back at the bottom price.
so even though in the initial capital I lost $ 2000, in the last capital I expect the coins I bought up so that my $ 2000 capital back.
member
Activity: 280
Merit: 10
I think I have two ways one is if you have coins in loss but you can’t sell right now than I think the best way is to long wait until it will again come on back this price and if you sell it and the price is more down than you buy it again and hold it for long time,
newbie
Activity: 124
Merit: 0
That is a very normal business story. If you lose 2k $ in exchange you will get good experience in the market. And if you have not learned the lesson yet and do not know why you lost 2k $, then it is best to stop.
member
Activity: 420
Merit: 50
member
Activity: 306
Merit: 15
full member
Activity: 645
Merit: 145
I think that everyone have experience with losing in crypto trading, especially people who invest when bitcoin price was more then $17k.. When you lose you should not try to bring back your money immediately, because most people when lose money they invest much bigger amount and try to get double, but then they lose more and more. First you need to wait till market get little stable , then do some research and invest again. Try investing lower amount of money , so if you lose again then maybe trading isn't for you.
hero member
Activity: 1036
Merit: 520
Everyone should knows market won't be always bullish in short periods , and every up has a down!
And about if i lose 2000$ , I would go on coz i know I can make more , but I would write it down that I have lost 2k because didn't see the bearish trend .
I always put stop loss if I want to do day trading or swing , so I need to be out of my mind to don't put stop loss and then regret it!
newbie
Activity: 112
Merit: 0
If I lose $ 2,000 in trading, I think we should calm down first. I should not continue to invest and probably during the time I'm going to study trading courses
member
Activity: 505
Merit: 35
full member
Activity: 378
Merit: 100
Losing two thousand US dollar is so sad to happen but you can use this as a motivation to do well and learned from it or they called it as a lesson learn to be much better trader and decision maker  in this business and industry  to be one of the successful.
member
Activity: 252
Merit: 10
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