What you should do when you lose most of money? - page 33.

ivandu

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Quote from: ArIMy11 on June 03, 2018, 11:36:41 PM

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

Thats right. We must first learn to accept our losses. Although it is quite difficult to accept it because we are blaming our selves that what we did is a wrong thing thats why we lose money, we have to accept it. From there we start , we again begin our life bringing the lesson of yesterday. Life does not stop. Go with the flow. Life is like bitcoin, if is it not up then it is down.

go back and get relax for a while.it sounds good for our mental , psychology.we need to learn more and more about analisys.no one get their success story just in one step.they need to bloody before they get what they want.

ArIMy11

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

Thats right. We must first learn to accept our losses. Although it is quite difficult to accept it because we are blaming our selves that what we did is a wrong thing thats why we lose money, we have to accept it. From there we start , we again begin our life bringing the lesson of yesterday. Life does not stop. Go with the flow. Life is like bitcoin, if is it not up then it is down.

MMA

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Quote from: 5ensei on June 02, 2018, 04:18:41 AM

You need a strong mind to deal with the losses, something we have all experienced in crypto. However, as long as you don't sell you will not lose. Doubling up when it hits the bottom will minimise your losses and perhaps even help to make minor gains. This is good for psychological purposes.

Yes some time even if you have a strong mind and having good strategy still you can lose a lot of money, because of your back luck, but it should not make you week, you need to change your strategy and planning and should continue your struggle, we should try and try again, but should not quit it up.

semutracing

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to be able to get 2 bitcoin in this year I think you should have the expertise to be able to see the appropriate coins in buying and selling. You will be hard if you do not have a lot of capital and that I will do when I lose my money because of my mistake in cryptocurrency because I can not control my emotional state then I will improve myself and try not to repeat the mistake that happened

ethereumhunter

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Quote from: P60 on June 02, 2018, 07:57:17 PM

Quote from: victorski on June 02, 2018, 04:48:05 PM

When I loose mine, of course this is always a struggle and pain, but anyway I recover quickly and start over my job here

Yes, it would be painful. And if ever that it will happen to me because of lack of security, I will be more careful and more secure in regard to my account so that, the risk will be lessened.

there is no other way that we can do after we losses most of the money besides to rise up and learn why we are losing our money. we can analyze the cause of that lose so we can know what should we avoid or prevent in the future. I admitted that it's painful but we don't have to be sad in every day because we need to survive for our future if we still want to make money and recover our losses.

Pattart

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Quote from: ausbit on June 01, 2018, 01:24:06 AM

Quote from: jerowacik on May 28, 2018, 11:50:45 AM

While there is much focus on making money in crypto trading, it is important to learn how to avoid losing money.

My opinion is the same as yours. A person should be more aware of what he should not do instead of what he should do. I think, this way he will be safe at least. In order to stay away from loss, reason behind them occurring must be dug out first.

Trading is a difficult profession but cryptos trading is even tougher to handle due to its volatility. Even a bit of carelessness or lack in knowledge can make a trader suffer a lot.

Yeah you right. because their goal is profit so they will focus on one thing that is profit. but the risk can happen anytime. let alone price conditions that may be very different from your calculations. the mindset of the trader is not made to avoid losses but to gain profit. just as the market conditions are in bad position. most traders maybe not stop and break because of the greater risk of seeing the market conditions are very chaotic. but instead goes for trade. it's one form does not avoid loss

mybtcasset

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If u loose most of the.money then start buying coins at dip when ever u see opportunity

gurang

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

What should you do when you lose money? for me if you're willing to return your money to try to get it back you do go ahead and keep things done and trust yourself that you can do it

P60

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Quote from: victorski on June 02, 2018, 04:48:05 PM

When I loose mine, of course this is always a struggle and pain, but anyway I recover quickly and start over my job here

Yes, it would be painful. And if ever that it will happen to me because of lack of security, I will be more careful and more secure in regard to my account so that, the risk will be lessened.

Shanmatthew

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I like this 5step,its look like mission vision on our self to be successful traders.it's really help to motivate us to trade more and more even if we lose profit.instead of stop trade we continue to trade because we have a goal and needs.

victorski

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When I loose mine, of course this is always a struggle and pain, but anyway I recover quickly and start over my job here

5ensei

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You need a strong mind to deal with the losses, something we have all experienced in crypto. However, as long as you don't sell you will not lose. Doubling up when it hits the bottom will minimise your losses and perhaps even help to make minor gains. This is good for psychological purposes.

ToyotaFortuner

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which I used to do when I lost the money I had from trading losses so I usually record whatever errors I made to lose after that I remembered and tried to avoid the mistakes I made to not happen again.

ausbit

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Quote from: jerowacik on May 28, 2018, 11:50:45 AM

While there is much focus on making money in crypto trading, it is important to learn how to avoid losing money.

My opinion is the same as yours. A person should be more aware of what he should not do instead of what he should do. I think, this way he will be safe at least. In order to stay away from loss, reason behind them occurring must be dug out first.

Trading is a difficult profession but cryptos trading is even tougher to handle due to its volatility. Even a bit of carelessness or lack in knowledge can make a trader suffer a lot.

Nasty23

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Quote from: deppil on May 31, 2018, 10:15:15 PM

Quote from: beezunus on May 31, 2018, 08:29:13 AM

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

Risk in trading is a natural thing and sometimes making mistakes in calculations and causing losses in trading is a natural thing as well.
the important thing is we have to stay calm with our defeat. you right make the loss as a lesson. to make you more expert

Yes those lessons help us to improve our skills and also help us to minimize the risk of lossing. Experiencing the losses is just a part of a big success because it challenged you to make a better one and avoid mistakes that possibly happen in the future that's why it is important to accept losses and be calm always because it will help you to generate a better strategy that you can use in trading and help you to earn more profit.

yndye

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Quote from: rose9696 on May 31, 2018, 10:02:07 PM

I would often smile because I had a worthwhile lesson. I am very young and have suffered many failures, this is just the beginning. Two months ago, my portfolio was down more than 63%. I was quite disappointed but I had a precious experience that was never invested blindly.

Good for you because it seems like you already get past of the period of bitterness and greediness because you were able to smile and learned your lesson. You just cannot avoid having losses in trading because no one knows what will happen in the future. What you can do is learned from your mistakes, be consistent in your strategy and follow your trading plan. The mistakes that I often observed is that not taking profit because of the hope that it will go higher and not having a stop loss because of the hope that it would just bounce.

In trading, it is important to preserve your capital that's why you should know when to cut your loss. I would rather have a small loss than to see the price continuously going down and loss half the value of it and waiting for months to even break even and I am not even sure if it will even go back up again.

deppil

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Quote from: beezunus on May 31, 2018, 08:29:13 AM

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

Risk in trading is a natural thing and sometimes making mistakes in calculations and causing losses in trading is a natural thing as well.
the important thing is we have to stay calm with our defeat. you right make the loss as a lesson. to make you more expert

drachman

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Quote from: samcrypto on May 28, 2018, 06:15:17 PM

Quote from: arthotdog on May 28, 2018, 12:26:04 AM

Losing is part of investing and investing has part of losing so there's nobody can differ from this.
But losing Most of money maybe for me its a deliberately and inconsiderate because you were not doing enough method to regain the losses

Quote from: chiko27 on May 27, 2018, 11:49:21 PM

Trading the crypto is at risk of losses. Failure and loss will make you develop better, so trading is not an easy task, it takes a lot of time to understand and learn basic trading principles.

But were not talking just trading here,theres an instance that holding is involved too if you choose wrong coin to hold

If you lose much money on either trading or investing then something is really wrong. Yes there is no guaranteed profit in this kind of market but if you are knowledgeable enough about investing and trading profit must come to you. People usually give up easily when they incur some loses, I advice not to do that and just keep on learning. Invest and trade at your own risk and don't depend to anyone.

I disagree with this, sometimes losses are going to come to you and it will not be your fault, just look at the previous crash if you are a long term holder then that means you are not going to sell until your target price was reached or after a set period of time, so a long term holder lost money when the price went down but it is not his fault that the market moved in such a negative way and since this was out of his control then this was not his fault.

rose9696

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I would often smile because I had a worthwhile lesson. I am very young and have suffered many failures, this is just the beginning. Two months ago, my portfolio was down more than 63%. I was quite disappointed but I had a precious experience that was never invested blindly.

Apened

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Quote from: duyduc256 on May 31, 2018, 09:00:18 PM

Quote from: enawati on May 31, 2018, 08:43:29 PM

I will learn more from the mistake that hasbeen i make it, from that mistake i can make others better strategy. Experienced is best teacher and from it we can make ourself to be more professional. To become expert trader should be through long process and lose is apart to become pro trader and to make profits.

Everyone will be wrong in this market and this is inevitable. I always learn from mistakes first because this is the way to make you smarter in the financial field. The best advice is never give up because this market is still very new and no one can decide the future of Cryptocurrency.

As a counter part of your losses this is an alarming yet a good thing to learn something. You will always keep on losing if you dont think and to correct your faults in trading. The only choice is to learn and continue or to simply quit and give up.

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