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Topic: What you should do when you lose most of money? - page 13. (Read 5593 times)

newbie
Activity: 27
Merit: 0
Trader is the investor and there are many things that will affect it.
newbie
Activity: 102
Merit: 0
It is a good breakdown and you have to be careful about what is happening.
newbie
Activity: 126
Merit: 0
In my opinion, keep holding and wait, do not rush to sell the coin out, you will lose
jr. member
Activity: 206
Merit: 2
Do not panic and remember you wont lose money when dump but if you panic that means you ruined .
newbie
Activity: 62
Merit: 0

I agree from a loss of money who are not insured! Friends was such experience is the coin in which they have invested all the money fell sharply for 10x. I Began to get nervous and wanted to sell all the coins. I persuaded him to wait and not to hurry with the sale. As a result, the coin rose after 3.5 months in the 25x.
full member
Activity: 462
Merit: 100
Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a  category of traders does not accept these losses.  Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses.

In fact,  the first and most essential thing to surpass the loss is "The acceptance of the truth"  and then you have to  " deal with it " in a good way.

Trust me, if you learn from your mistakes, then you will earn what you want.

I learned something very useful and I want to share it with all.

These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan)  :

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
Step 2 : What is their  importance to me? ( Value )
For example: It is important to me because I am poor and I want to help my family in many things.

Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )
..
..
Step 4 : What prevents me from achieving it? (Obstacles)
For example: time,  unexpected event, the fear , weak of self confidence...

Step 5 : How do I know that I  have achieved the success? (Measurement)
For example: ..
..

When I see 2 BTC in my wallet before one year.

 
Good luck to everyone . Smiley
 



If ever I would lose most of my money in trading, I would just simply continue with my life and just enjoy what I am doing. I'll take my mistakes as a lesson to do better in trading. Losses are part of our life as traders and there is no such thing as perfect trading, it's like a trial and error game.
member
Activity: 227
Merit: 10
My opinion you should overlook the things that you were performing and try to understand what are those and are they proper things to do in the present conditions, maybe you are doing something wrong?
full member
Activity: 322
Merit: 100
Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a  category of traders does not accept these losses.  Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses.

In fact,  the first and most essential thing to surpass the loss is "The acceptance of the truth"  and then you have to  " deal with it " in a good way.

Trust me, if you learn from your mistakes, then you will earn what you want.

I learned something very useful and I want to share it with all.

These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan)  :

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
Step 2 : What is their  importance to me? ( Value )
For example: It is important to me because I am poor and I want to help my family in many things.

Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )
..
..
Step 4 : What prevents me from achieving it? (Obstacles)
For example: time,  unexpected event, the fear , weak of self confidence...

Step 5 : How do I know that I  have achieved the success? (Measurement)
For example: ..
..

When I see 2 BTC in my wallet before one year.

 
Good luck to everyone . Smiley
 


Whenever i am loding money I am calming myself because if I keep losing I also lose focus and committing mistakes in my career. So if I noticed that I am losing consecutively and i am getting out of pace then I am gonna unwined myself I am gonna do some things that make me calm and I am gonna learn from my mistakes because dealing with lose ms you must be understanding.
newbie
Activity: 62
Merit: 0
In several time I lose my money but when I lose big money in my trading at this moment I just stop my trading. After sometime later I again start cryptocurrency trading and try to recover my loss. I'm always analysis cryptocurrency market then start trading. Now I start day trading and must follow money management.
You should not stop trading even if you lose some money in trading, but you need to change your trading strategy and planning, which can help you changing the result and will surely give you a good profit.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
I have nothing to do.In this year,I already lost my money by trading.Its really a bad things for me.My mind has a bad sign against trading in this market situation.Still I am altcoin's hodler and I can't think anything without it now.If the market will good then I will back again in trading.

Nothing to do and need to be patience more.Patience is more important in this respect.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
I think when you lose most of money than set the mind with minimum amount which you have left and make again strategy according to the little amount and try again to trade with different coins and work with active mind because you have already a good lesson which you have to learn from loss and you must aware of this type of mistakes in again future and I hope you will survive again by using best strategy.
Keep trying and stay positive, the trend will goes back and you will be able to recover just make sure that you already learned from previous mistakes, set you strategy and plan well, long term and short trade do some combinations and see the result, patience and always keep moving forward thinks for much better future ahead.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
What is unacceptable when experiencing a loss is an increased level of stress, which we must face is how to control stress levels. And what you've shared is a very useful thing.
yes I agree with you because it is the policy of everyone depending on addressing every problem they face, maybe everyone will feel stressed and depressed but at least they must be able to give up what has gone, so let it go and we must keep going.

But as a trader we should need a big heart and stress and depress both are not a right things, these things make the man's life end, better to take risk in a limited manner than i am sure, we could manage our lose. 
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
When i started bitcoin trading a few months back, i lost all my money then i started participating in bitcoin and altcoin bounties and earned a reasonable amount in a few months time.

Actually the last few months i mean the end of 2017 was best year for bitcoin users. I have earned a lot of money only in last few months. But after the end of 2017 and the start of 2018 was not good for bitcoin users, a huge trader still in loss and wait for a good time.
Many new traders started at the peak point when bitcoin price was at its highest value, and hence those people are still in loss. Many have even quit crypto currency thinking it is just a bubble.
I will suggest that if one is patience, one can get good profit. We just need to wait and watch this market grow.
full member
Activity: 420
Merit: 100
I think when you lose most of money than set the mind with minimum amount which you have left and make again strategy according to the little amount and try again to trade with different coins and work with active mind because you have already a good lesson which you have to learn from loss and you must aware of this type of mistakes in again future and I hope you will survive again by using best strategy.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Yes I agree on that. We don have to quit when we Commit losses because lossing is a part of our human life . If we are going to quit we can surely loss bit if we stand still and make some profitable moves maybe we can endured and stang alone again from our loss.
If you quit then it is just a matter of fact that you cant do anything to get back your money and you just think of it that it was the end of your life to take it back so you just decide to quit , you are a loser with that situation , keep on fighting it was a good decision.
hero member
Activity: 896
Merit: 500
What else should we do if we lose most of money ofcourse acceptance is the first we need to do. And learn from mistake.  If accept things it is easy to move on.

You know, most of the people give up when they lose their money as soon as they do not want to make the same mistakes and lose more. Wise guys analyze all, and go on avoiding these mistakes.
full member
Activity: 434
Merit: 105
Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Yes I agree on that. We don have to quit when we Commit losses because lossing is a part of our human life . If we are going to quit we can surely loss bit if we stand still and make some profitable moves maybe we can endured and stang alone again from our loss.

Let sing together  "never surrender"  (lol). This Is my Inspirational word where I still stand alone after my past losses. You can't achieve your goal, If you're just give up from the very first mistake you have done In your life. Be patience and continue doing well here In cryptos or real life, someday we could make thing happened.
member
Activity: 336
Merit: 13
Its ok to lose, but if you lose most of your money then something is wrong. Try to study further about your coin and your strategies so you will not be lose much again.
legendary
Activity: 1204
Merit: 1028
When my coin constantly decreases I always hold them for long periods of time, waiting for the price to rise again, that would be better for us, if we fear and sell pennies we will lose money right away. instantly
That is the only way to deal with the down market when the worth of your coins drops. You just cannot sell your coins in the down market for it will either incur you a very low profit or non at all. So it is always a better option to invest in the type of coins that can give you profit upon long term holding.

The market is a dynamic place and does not remain static all the time. Besides, its recovery period is often too slow as well so it is rather advised to act according to the market condition and not according to the price fluctuation.
sr. member
Activity: 1148
Merit: 300
Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Yes I agree on that. We don have to quit when we Commit losses because lossing is a part of our human life . If we are going to quit we can surely loss bit if we stand still and make some profitable moves maybe we can endured and stang alone again from our loss.
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