Topic: What to do if you lose $2,000 in trading? - page 24. (Read 13186 times)
In life many lose money and I am no exception. First of all, don't despair about it.Pick and try a different strategy.
Yeah this is big problem, but do you need to be angry? NO NEED
1. There are still people who loses more than your amount.
2. your anger won't repair your mistake.
You must really inspect your mistake to avoid it again.
Second point that you told was a common mistake that really fatal.
Back to trading and avoid that mistake again.
1. There are still people who loses more than your amount.
2. your anger won't repair your mistake.
You must really inspect your mistake to avoid it again.
Second point that you told was a common mistake that really fatal.
Back to trading and avoid that mistake again.
Crypto trading isn't easy and its not for everyone. Trading such a volatile market isn't easy and one shouldn't try doing it unless he is a pro. Anyone is better off just hodling their coins as they are likely going to make much better returns on their investment that way.
Those that think that trading is easy are probably going to be the ones that lose all their money, in order to make money in trading you need to have a very deep knowledge about the markets, experience and you need to be able to determine how the people are going to react to some news that appeared in the market and even with all of that traders cannot win every single trade. 
I also experienced it but I think it will increase in the next few months and stay patient in holding no need to panic and fear because it is a fluctuation of bitcoin
if i loss 2000$ i really cry in my bedroom and never trading again, but does not mean i can quit until there. i can rise again and change from trading bitcoin to invest bitcoin, because invest more good rather than trading. invest not use your pyssically for trading, we can enjoy in free time and with family and we get it a money.
Crying would not solve any problem but rather try to see how you missed it and see how you can make amendment next time. It is a market and there would always be series of chances, but it all depends on whom and who is ready to take those chances and learn from them to make better decisions in future. As some will bail out from such mess, some will find how they can get it right and that is what always ends up making a pro; persistence and some high level of commitment. I would say just quit trading and become a hodler. Not everyone is made for trading. In the crypto world the hodlers get better returns then the traders. Also hodling would be good for your peace of mind and will help you stay relaxed and focus more on your day to day life.
Lol. More like give up because you cannot make it as a trader right? As much as that makes a lot of sense for someone who feels he is not ready to learn or probably try as much as possible to be dedicated towards trading, I always advise that people should struggle to learn and do it right. It is better to hold anyway than to keep trying out trading blindly, but the truth is that trading is actually awesome when it comes to making good profit.
First off all you need get some a rest because when u loss a lot for you or earn alot for you need have a rest think about it do not need to trade and try to get all back .
First is that the real lose or just down and not selling your coin yet ? I you are still holding it buy more that coin in dip so when the price bounce you can still get your money. Buy 2x of your first time. It will make you in profit if it is back to initial price. Its called averaging.
Rage quit, probably. I think people that try to earn them back fall into the gambler's fallacy, i.e. a random process will become less random later on, i.e. because you lost some money, you are bound to make money, it can't rain all the time, etc.
if I suffer a loss of up to $ 2k all I can do is do an asset recovery by means of very fast trading means trading using a coin that has a price is still cheap but its movement is very fast in that day as well.
If you lose more than 50% from initial deposit, for the better wait patiently for other bullish market. And add other more money to make deposit and start trading again with other better strategy. When the price of BTC drop more than 50% that mean has chance to going up again, and if cut loss it finally will be in lose.
If you make a loss this means you are not good at trading so it's better to learn it again properly and after that start to trade again and recover the loss. Its will be best for you.
Cry...a little, then. like Stalone - rise and try again but being wiser then before, heh. Try again and one day youll be happy on a lambo.
Experience people will never cry but will think and will make new strategy to recover their lost and even convert their lost in to profit. They always try to minimize their lost using different tricks, they always know the nature of bitcoin and always take a right decision in right time. They some time even compromise on a little lost if they feel the need to sell their bitcoin and buy it again in a low price which give them a good profit so recover their lost and even give them a good profit.
Cry...a little, then. like Stalone - rise and try again but being wiser then before, heh. Try again and one day youll be happy on a lambo.
I always read the information and see the best moment to start trading or stop all my trades.
I am worried about the management of emotions will cause stress and can not resist to cut loss. If there is a bad issue it is better to quit and not take a big risk in trading.
I am worried about the management of emotions will cause stress and can not resist to cut loss. If there is a bad issue it is better to quit and not take a big risk in trading.
Cry then place yourself in a calm place where no one else around about a day or two no more than that after that also try what the OP says seems hes had good grasp of the loss experience in his time of trades very well done. This post really deserve the merits.
Loosing one time not a big deal but loosing continuously there is some thing wrong.Lack of knowledge and wrong selection of coin is also responsible for losses.Sometime impatience also lead to the losses because when market decline people get panic and sell hurry but dont wait till market going up.So find the lacks and overcome it and start with courage take right decisions at right time you will win.
That is very normal in trading, some time we lose a lot of money, but other time we not only recover the lost but also make a good profit, so it right to say that if you are losing money for one time then it is not such a big problem, but if you are losing money continuously then you need to change your strategy. I have seen some people who lost a lot of money in trading, and therefore they become disappointed to stop trading at all. 
Crypto trading isn't easy and its not for everyone. Trading such a volatile market isn't easy and one shouldn't try doing it unless he is a pro. Anyone is better off just hodling their coins as they are likely going to make much better returns on their investment that way.
You remind me of this following statement "If you failed, mourn your disappointment, dust your desire, and then start afresh." Many people have lost hope because they lost from their first time. They are easily to give up. They do not know that trading requires patience and failure. You cannot move forward without failing. Your cells die everyday. Yet, it regenerates itself again. You should not give because you already have learned something from your previous failure.
The people that give up so easily do not really have a realistic idea of what it takes to become a successful trader, they think they're just going to buy some coins and then those coins are going to skyrocket and then they're going to enjoy an easy life for the rest of their lives and we know it doesn't work like that we know that those that become successful at trading are those that are willing to put most of its effort towards that activity. Jump to: