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Topic: What to do if you lose $2,000 in trading? - page 25. (Read 13186 times)

full member
Activity: 432
Merit: 100
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.
This market will give us many useful lessons and most of us have one mistake in this market and the more mistakes we will have new knowledge. I lost $2000 in just 10 minutes and it was a really bad day for me but I still tried to calm down what was going on and chose wiser investments and avoid a pitiful mistake this market
sr. member
Activity: 910
Merit: 253
Hodlers Network
Loosing one time not a big deal but loosing continuously there is some thing wrong.Lack of knowledge and wrong selection of coin is also responsible for losses.Sometime impatience also lead to the losses because when market decline people get panic and sell hurry but dont wait till market going up.So find the lacks and overcome it and start with courage take right decisions at right time you will win.
full member
Activity: 659
Merit: 101
2000$ is not a very significant amount for crypto-trading; some people loose much larger amounts - imagine how they feel.
Still this is big amount too. As a student if I just lost this, I will be disappointed with my results but I know this isn’t the end of world. Chances are always coming to you and you can never stop taking them. All those people who have been losers in their times must know the pain they had at that time. But don’t just waste this pain, rather learn from all mistakes you have made to beautify your success.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
what I do is I have to remember the mistakes I have made and make a correction myself what makes me able to get that much loss after that I do trading again but must be more patient and careful not to repeat the same incident again.
Yeah, that is the basic thing! Figure out the mistakes, find out how you can do it better and then see how you can make use of what you have learned to do a better job in the long run. No one got it right first, and at some point even after learning, we also had to learn with some experience, and as time went, we started getting better at it and then making good decisions. It is all a matter of dedication to learning and wanting to do it right.

OP should have tried to check where he got it wrong for that to happen. Sure, we cannot undo some mistakes, but we can make sure they do not repeat themselves. Most of us have been in this shoe one way or the other before, but that is where re-strategizing comes in. We cannot always get it right anyway, but we can always learn to do it right.
full member
Activity: 378
Merit: 101
Correction taken already 65% to 70%, we don't know some correction remain or not. Daily trading means you have to be active & monitoring crypto from all side. SO when we are in loss without holding what else we can do .
hero member
Activity: 1666
Merit: 502
full member
Activity: 249
Merit: 100
2000$ is not a very significant amount for crypto-trading; some people loose much larger amounts - imagine how they feel.
price is relative for everybody , for some people it is a lot of money for some people it is peanuts. but in these times it is easy to lose such an amount.
member
Activity: 252
Merit: 10
sr. member
Activity: 2226
Merit: 347
I think that when your investment is lost, you must first think about whether or not the investment was judged correctly, sum up your failed experience, and slowly study it so that you can accumulate experience to be able to determine more accurately which projects can bring To benefit.
In trading, there are very much chances of suffering of loss and that if there comes a situation when you suffered some loss, then you just to remain patient and that you need not to feel stressed. Instead, you need to look for the ways using which you can recover that loss and that you can only do by keep on doing the trade with the rest of the money which you had in your wallet.
Telling out on not to get stressed is very hard for sometime specially when we least expect on that kind of loss or the first time we lose money. recovery on such stress or frustration would takes time but eventually if you already experience this thing on the 2nd time around which you committed some mistakes again it wont hurt you out since you do know the feeling of such thing and also once you gained experience you will eventually know on how to handle things on next encounter.
member
Activity: 137
Merit: 12
Semux
2000$ is not a very significant amount for crypto-trading; some people loose much larger amounts - imagine how they feel.
full member
Activity: 518
Merit: 101
gather your spirits and move on. but you got a good experience and will not allow such errors in future .the experience is worth the money

Never give up, even when you lose such a sufficient sum of money. Do whatever you must do: work, trade, educate yourself, chat with the other traders, participate in Bounty. Everything will work here.
hero member
Activity: 896
Merit: 514
I think that when your investment is lost, you must first think about whether or not the investment was judged correctly, sum up your failed experience, and slowly study it so that you can accumulate experience to be able to determine more accurately which projects can bring To benefit.
In trading, there are very much chances of suffering of loss and that if there comes a situation when you suffered some loss, then you just to remain patient and that you need not to feel stressed. Instead, you need to look for the ways using which you can recover that loss and that you can only do by keep on doing the trade with the rest of the money which you had in your wallet.
member
Activity: 378
Merit: 10
Just hold them patiently because i am loosing more than $25000 my holding the coins. If you sell them you might loose the value and wait patiently until, when price start increasing.
sr. member
Activity: 952
Merit: 250
My biggest loss so far is .080btc, I got liquidated from making a 100x margin from trading USD / TRY in Forex. But the chart went in a different direction. Biggest lesson I learned here is stop being greed. It is better to earn small than lose bigtime.
newbie
Activity: 98
Merit: 0
if i loss 2000$ 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.
full member
Activity: 476
Merit: 100
what I do is I have to remember the mistakes I have made and make a correction myself what makes me able to get that much loss after that I do trading again but must be more patient and careful not to repeat the same incident again.
full member
Activity: 285
Merit: 100
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.
hero member
Activity: 1302
Merit: 540
I think that when your investment is lost, you must first think about whether or not the investment was judged correctly, sum up your failed experience, and slowly study it so that you can accumulate experience to be able to determine more accurately which projects can bring To benefit.
That is absolutely the best action one can do after making a wrong decision in trading. No matter what happens, there is no need to get dishearten because it is very common to face a loss in the profession of trading. All traders come across failure in the beginning.

It is due to the lack of experience and knowledge. After screwing up sometimes and figuring out the exact problem, things change. With time, he will definitely start making profits.
Charged things to experience to avoid doing the same mistake, that's good action when things ruin your investment, if you already in such losses you
need to think wiser after sudden failure we must deal with it, move forward and do more research, knowledge and skills is our best tools to survive
with crypto investment or with same a like.
full member
Activity: 1736
Merit: 121
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.

Even a millionaire that keeps losing such huge amount of dollar consistently , would go insolvent too. I suggest OP should work on his strategy more, see if he can change his pattern if the old style isn't working. Or he should be more focus.
hero member
Activity: 1036
Merit: 500
I think that when your investment is lost, you must first think about whether or not the investment was judged correctly, sum up your failed experience, and slowly study it so that you can accumulate experience to be able to determine more accurately which projects can bring To benefit.
That is absolutely the best action one can do after making a wrong decision in trading. No matter what happens, there is no need to get dishearten because it is very common to face a loss in the profession of trading. All traders come across failure in the beginning.

It is due to the lack of experience and knowledge. After screwing up sometimes and figuring out the exact problem, things change. With time, he will definitely start making profits.
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