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Topic: What you should do when you lose most of money? - page 17. (Read 5593 times)

full member
Activity: 233
Merit: 100
You will not be able to stay calm when losing money but it is important that you keep calm, not to sell off to lose your capital. Waiting is the best way when the market returns.
full member
Activity: 434
Merit: 102
I know many people who sold cars and houses in 2017 to invest at the end of the year in Bitcoin. To date, their investments are bleeding very badly. But the most important thing is not to sell what you have, but to wait for a real and efficient price.

I'm sorry for their loss but that was reckless, greedy and plain stupid. You never put yourself in a position to lose everything that you own. Invest just the money that you can afford to lose and you'll be fine.
It reflects your quality knowledge about the crypto market and all the processes and decision makings are not an easy thing to face with for which your knowledge is must and has great importance. Now if you have made any mistake which has caused loss so the only solution is to start from the start again because your knowledge is not perfect, first make it perfect and then you will have a great time here.
member
Activity: 420
Merit: 15
I lost most of my $ 10к deposit, I traded with my shoulder and therefore had a quick loss of deposit. For half a year I managed to partially recover, because I chose a different strategy: trade without a shoulder and hold (I buy, put a warrant for sale and all)
newbie
Activity: 62
Merit: 0
Learn from your mistakes. Honestly I lose most of my money that I got free from bounties, put it on trading and gambling, I know both are risky but I want to try my luck, it's okay for me to lose because it didn't come from my own money
newbie
Activity: 224
Merit: 0
Think positive Do not be too anxious and sad if the market keeps falling, you should focus on holding, do not worry about selling your coins early. This will make you more and more losses.
full member
Activity: 392
Merit: 100
I agree, losses is part of us as a trader or investor we cant always win and earn by trading. To be more professiinal big losses is in there, i guess every pro here is experience this failure. But accpeting the truth will strengthen our mind to be more accurate on trade. Thinking that i want to eanr more to fullfil my losses. I want earn 2 btc. Be optimistic in life and we will reach our goal someday

You are correct.  Just being possitive that we can do it, and be able to earn in trading.  There is a good results for being so eager and hardworking. Keep going and even if you get some losses,  take it as a challenge that someday you will be able to earn more.
newbie
Activity: 70
Merit: 0
It is said that if you lose all your money you are definitely doing some mistake or the market you analyzed is no longer existent as the structure of the market changes very rapidly in the cryptocurrency world so you should take a step back and reanalyze
full member
Activity: 532
Merit: 100
We always feel depress when we lose most of our money. But we should not let depression break us. We need to stay focus on what we are doing. So that we can get our money back.
member
Activity: 308
Merit: 10
Swipe!
As for me the best thing to do is to sit and think why and how this happened, and then you should make exact plans about restoration of lost moneys.
legendary
Activity: 1162
Merit: 1000
Losing money is never fun. But how you handle that kind of pressure will determine whether or not you become successful. Trump bankrupted companies four times.
sr. member
Activity: 2030
Merit: 323
Thanks for the this it is my motivation now and i will do this to encourage my self to set my limits on this goals. I will do my best for things idea.

Yeah this will really help us especially of those losses that we face, I mean at first it's really hard to accept it even we know there's nothing we can do and some even think to quit it for good. And by having these motivations it will help us throughout.
Keeping yourselves under your control is the most difficult thing to do at time when you are only losing your money and that you are not making any kind of earnings. You need to take a pause at such situation and that there is no such need to do anything as it will then result in loss of money. You have to come back with fresh mind and some better strategy in your mind.
legendary
Activity: 1442
Merit: 1025
It is very easy to learn but it takes time you have to start hanging around in the market and start viewing at the charts for a long time and try to analyze what is happening in the market, and also you should always know that the markets are different from each other for example what works for stocks does not necessarily work for bitcoin and it doesn't work for altcoins.
Each one of them requires a different set of experience and different specification.
However the way you made that money at first, try doing that once again. If you lost money that means you also made money, in order to lose it you first find it. Find that money again do whatever you previously did and you are golden. That has been what I keep doing, I make money and if I lose it than I keep making money and try again.

My nano investments have been steadily going up considering the price went down I keep investing in order to drop the bought averages down and whenever it goes up I plan on getting out very quickly as soon as possible. If we have chosen the investment after big study then we may go for holding them for infinite time period when the market goes against us.
newbie
Activity: 140
Merit: 0
In profit and loss trading is a risk in trading. If our trade is losing and losing large amount of money then the thing to note is positive thinking with awareness to accept the loss, and again correction what cause we can lose big amount of money. And more careful again in trading.
sr. member
Activity: 556
Merit: 250
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
 



These tips are helpful and I believe that it could go more if we'll all apply it. Losing is a part of trading and investing but as we focus more and try to earn better, we could achieve our target goal here. Our experience here in crypto , no matter how good or bad it is, could be a good tool for us to learn more.
sr. member
Activity: 1071
Merit: 253
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
 


Definetly all of us would experience of loosing our money or our investment into this world of cryptocurrency investment and we have a different kind of solution on how to handle this situation,but in my own when i encounter this   loosing my money i take its as a charge of experience of being a learning process,because you cannot gain success if you cannot face failure or trials into this crypto worlds.
newbie
Activity: 27
Merit: 0
in trading there will be and never experienced losses because trading has a high risk and needed good knowledge to reduce risk and do the right thing to get profit, if we lose money then we should be able to learn from the mistake and not repeat it
newbie
Activity: 100
Merit: 0
The best thing to do will be to stop trading for a few weeks (or even months). Once your mind is fresh again, you can resume trading. But you should never chase your losses. It will again make you poorer.
There is always the emotional part that makes people want to recover their loses and end up losing more.So it is really  a thing not to chase ones loses.
newbie
Activity: 100
Merit: 0
If you have been making loses consistently, trading is probably not the best option for you, The options one could explore should be to take more lectures or take some time off.
sr. member
Activity: 1988
Merit: 453
The best thing to do will be to stop trading for a few weeks (or even months). Once your mind is fresh again, you can resume trading. But you should never chase your losses. It will again make you poorer.
newbie
Activity: 109
Merit: 0
trading is one of those things that you have to spend a lot of time learning it. people keep saying "buy low sell high" like a chant but they don't understand it and that's the problem. it is very easy to learn too but it takes time. you have to start hanging around in the market (on exchange) and start staring at the charts for a long time and try to analyze what is happening in the market.
and also you should always know that the markets are different from each other.
If you lose lot of money try again . In investing loss is normal. I think we'll get better and better in trading if we know how, and know what to avoid to do, and what's the best we should do. Don't just complain because of the loss and give up, but keep trying until we can earn more than we loss. Learn how to invest properly to avoid loosing
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