What you should do when you lose most of money? - page 15.

xsaints128

full member

Activity: 420

Merit: 105

Quote from: Baoo on May 06, 2018, 07:07:49 PM

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 .

I agree with you on all points, losses are a part of financial field and the main thing is how you deal with it. No need to get stressed out and all because that's gonna effect your decision making in the next trade and you'll end up taking some really bad decisions. So just stay calm and you'll end up taking some good decisions.

Comino

jr. member

Activity: 182

Merit: 7

No noise. No hustle. Quiet as whisper. Comino.

Quote from: Baoo on May 06, 2018, 07:07:49 PM

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 .

Loss is a thing we can’t stick to - grieve a short time and keep fighting for your future. We lose not only money, but people and other things. The weakest live in misery.

Great plan, good luck with your BTC!

Andrew S

newbie

Activity: 112

Merit: 0

Quote from: Baoo on May 06, 2018, 07:07:49 PM

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 .

Be sure to use your technique if I lose a lot of money.

nightways

full member

Activity: 434

Merit: 102

Quote from: matej krkic on August 01, 2018, 08:26:18 AM

If I loose all my money I'll have to stop my crypto business and come back to work =)

Well in my opinion, you should not really take a permanent break of the crypto business and should rather keep on learning about it and finding out the mistakes you have made so far. It requires perfect market information and huge knowledge about the technology as well. Only then you will be able to trade without loosing much and the probability of earning will rise. One should also look at the market conditions if they are suitable and should trade or wait. There are ways you can make things happen.

Wajan

newbie

Activity: 117

Merit: 0

if I lose some of my money, I will receive it, because if my money is lost it means that it is not my fortune, I am currently investing to find a profit that has been lost.

Coin-1

legendary

Activity: 2548

Merit: 2259

Quote from: Baoo on May 06, 2018, 07:07:49 PM

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.

The fourth step is the most important and difficult. You need to overcome the emerging obstacles to gain a profit. When you lost a lot of your money, you have no chance to gamble with you funds, placing a wrong bid or ask orders. You need to learn about the current situation on the crypto exchange markets, read the news concerned to the world economics and politics. I think the psychological aspect matters in trading too. In this case you will able to achieve the success, but there is no any warranty.

Fayefot

member

Activity: 128

Merit: 10

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.

richmcrich

hero member

Activity: 1120

Merit: 507

Quote from: XIANNE25 on August 01, 2018, 11:32:45 AM

Thanks for the tips,this is very helpful to me to reach my goals..will apply this methods..and im going to watch more videos about technical analysis and more techniques inorder to be successful in trading.

Yes that is what you do when you loose most of your money in crypto. You should expand your horizon about the assets you have invested in and look back at the faults and mistakes you have made which should not be repeated and should be learnt from.

Having said that, next time you would be good in trading and another way to minimize the loss is to keep a diverse portfolio which minimize the risk of loosing money. There are many ways to coup with this problem.

emmybd

full member

Activity: 1218

Merit: 112

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.

checkmatesir

full member

Activity: 584

Merit: 100

$CYBERCASH METAVERSE

Quote from: viananda2525 on July 09, 2018, 01:31:37 PM

Quote from: sambuki on July 09, 2018, 08:41:52 AM

Instead of cutting the loss it is better to make another investment while our previous investment is in the loss state. By making the new investment hopefully we can cover the loss.

before we investing our money in other place, we need to observe about that.and also developt our skill to analize portofolio is important for us.we can make right choice which coins/token must buy.

I will try to win back my lost money because leaving in deficits will take you in debts. It is better to continue with new spirit and courage. Work hard and give as much time as you can. The time will come that you will recover all your money and strong determination will make you able to make good profits. This is business and ups and downs should be faced.

gurang

jr. member

Activity: 350

Merit: 2

Quote from: Baoo on May 06, 2018, 07:07:49 PM

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 .

if you have lost your feelings but you need to adjust to reach again those things you lost and trust yourself again

jetteodo

newbie

Activity: 29

Merit: 0

Quote from: laracastvue on July 31, 2018, 12:16:54 PM

Quote from: Dimon8 on July 31, 2018, 12:11:48 PM

If it happened that you lost most of the money, then you need to stop trading and begin to do an analysis of all trade transactions. You need to understand the mistakes.

In my own opinion, if you already lost your money then just continue to trade because you will still have the chance to gain it back in this way since the volatility of the market is necessary for every traders to earn profit.

Yes no doubt that you should continue trading and should not quit it forever, but I think that you must change your strategy and planning about trading, which is already causing a lost for you, and through this ways you will surely convert your lost into profit.

Huy Mai

newbie

Activity: 84

Merit: 0

I have several things to do
- Learning more about cryptocurrency and do technical analysis daily
- Do airdrop to get free coins
- Do the current job to get money, and plan to re-invest
When I lose, I will try again. Currently I am holding my altcoins because I bought them at high prices. But no worry, I still try day by day. Good luck to you.

Obama07

member

Activity: 228

Merit: 10

First, remember your god. Gods have great patience. Don’t recover or never try to recover. If you try to recover then I’m sure that you can make more and more lose. Take a break. Be relax. Find your fault, why you lose this big amount? Stay cool. Take a decision in cool mind. Promise yourself not to do those fault again. Remember your god every day. This can help you.

XIANNE25

newbie

Activity: 177

Merit: 0

Thanks for the tips,this is very helpful to me to reach my goals..will apply this methods..and im going to watch more videos about technical analysis and more techniques inorder to be successful in trading.

GawirZZ

newbie

Activity: 168

Merit: 0

keep fighting do not despair, it is the beginning of your success. if you want your capital failure back again I suggest you follow bounty program to return your capital when loss in trade.

Dhanems

jr. member

Activity: 448

Merit: 2

Quote from: Lhaine on July 31, 2018, 12:19:41 PM

Quote from: Dimon8 on July 31, 2018, 12:11:48 PM

If it happened that you lost most of the money, then you need to stop trading and begin to do an analysis of all trade transactions. You need to understand the mistakes.

No. You don't need to stop doing trading, when you already lost your money try to learn from your mistake, don't sell your coin at the low price so in that case you will avoid losing your money. Just wait until your coin will recover .

Yes agree with you:) the important is don't use the money to buy coins from your daily needs,spend your money on crypto like long term investment..so no need to hurry:)

tothanhtuan

full member

Activity: 448

Merit: 100

I wonder if they all go back to ATH. Prices were based on speculation/product releases/exchange listing. (Partial) products have been released, projects were listed on exchanges in this bear market. Would not be surprised if investors moved on...

Marcsymon

member

Activity: 322

Merit: 10

Quote from: BitBite5 on August 01, 2018, 09:38:59 AM

When you lose money the worst mistake you can make is to try to recover loss instantly. On that way you will probably only generate even biger loss.
So, try to make the plan and see what are the options you have. Try with smaller amounts to trade and invest. It might take longer but the risk will not be so big.

It is normal in nature to have losses in every investment we made. But to anticipate this condition we need to make a interim plan so that we can recover easily the loss we undertake and move forward. Like learning and analyzing market condition well first before doing trading transaction to avoid possible losses and might be able you to recover your losing money at the end and could also possibly earn you with more profit instantly.

BILGPS

full member

Activity: 378

Merit: 100

As it happened in the past when i lose my much money in investment after that i have invested in government securities and some amount i have deposited in bank so from that i am now recover up to some extent and now i can easily invest my money where ever i want. I do crypto investment and it is good experience of the present.

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