Topic: What you should do when you lose most of money? - page 23. (Read 5593 times)
The first thing that happens is fear and worry about the money lost. But I will try to beat back and do not make stupid decisions to sell them because I know everything is again and I need to wait for it to recover.
Wow nice guidance mate. Really helpful in times like this where market is very unpredictable and loose lot of money on investments. I have finally understood that I can make money in bear market also buy involving in pumps. I understood my weaknesses and obstacles in crypto trading like understanding the value of news and breaking patterns etc and then implemented a plan where I will be in at the end of this year just same as you mentioned in your post. (Not 2 BTC but just 100000$ ) 
When you lose the majority of your cash, the initial step you ought to do is discover the place that has natural air and yells all your feeling after that sit and thinks which part the reason for you lose. Call your companions and get some drink. After you as of now proceed onward. Attempt again and make your terrible experience as a stage to recuperate every one of your misfortunes.
I know it's not easy to forget when if you lose a money especially when it is most of your money. But for me I'll try to move on I'll try to forget that even I know it's not easy and I look for another opportunities. Just hard working I can get back what I loss be positive and be patience.
I agree that a person who experience who need to accept it and move on. Learn from the mistakes that he had done and be a better version of himself. But investing again should be think a hundred times because when you say you lost most of your money then that means that you are either going to borrow money from a bank or from your friends and relatives which is not okay.
Psychological attitude is important in any business. But apart from it it is important to determine exactly how to make money and the final result will depend on the choice of strategy. Now many people in the crypto-currency market suffer losses precisely because of incorrect management of their assets.
I think the psychological attitude should not be considered. Always should go through keep going technically, psychological attitudes can divert us wrongly from the prime purpose.
Nice tips op you deserve a merit. I used to panic before.
Losing is a part on investing. So whenever you lose some of your investment,better to step back for the moment. You have to analyze well your movement again before doing so to avoid mistakes again. You also need to set your limits and goals for you to have a scale to follow.
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
It's true, especially in this market where there are so many loopholes and losses along the way that it will test one's character and trust with the system. However, if I am in the position that I will lose most of my money, I would first take a step back and regroup; what I mean by that is that I would look at things with a fresher eye and see what mistakes I could have made that contributed to such great loss. Although this market is filled with seemingly minefields of probable bad investments, there would still be some reasons as to why one losses or succeeds, and I, as an investor, have to look closely at that to make sure that if I try my luck again, I would know how to counter-act such situations.
I think you have to research to find out the reason why did you lose money? with each reason you have, you can reduce your risk in the future.
I had to start it again and get up. I have to trade more carefully so as not to lose because failure is a delayed success.
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 am a professional cryptocurrency, forex and binary trader. I am working binary trading platform and I lose a huge amount of money in binary platform then I leave the binary platform and join cryptocurrency trading. Still, now I am making a good profit in cryptocurrency trading. When I lose a big money at that moment I just create demo trade because I know how to control emotional so it is very positive thinking for cryptocurrency trading. I just make only 15% in a month, I never greedy in my trading strategy.
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.
When losing too much money from the price difference I think the best thing is to hold, do not sell them to the market, maybe if you hurry will make you lose more weight. The market will rise again, you do not worry too much.
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trying to rise again is a good option that we can do after we lose most of the money. I have experience in this and in that time, I almost lost 50% of the total of my money. I know that I made a mistake and I didn't realize that the market is changing so fast and makes me getting sad. but later, I know that I need to keep trying to get up from the nightmare and I know that I can do the trade again even with small money. I still keep trying to trade and finally, I can recover 75% of my money.
Take it as a challenge to achieve for more. Set some goala and learn fron your previous mistakes. In trading, you cannot earn without loosing something.
Accept the fact that you lost your money from trading but make sure that you will also make more money thru trading. Learn from what youve done and make sure that you learn from it.
I will continue trading and learn more, if you give up the market means you accept the loss of capital you have spent. Please be patient and continue to realize our dream of enrichment.
When you lose most of your money learn from your mistakes then serves it as a lesson. Never be greedy actually if will bring you into loses. Accept the truth that in cryptocurrency everything is a risks.
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