Topic: What you should do when you lose most of money? - page 35. (Read 5593 times)
You have to start wandering the market (in exchange) and start staring at the chart for a long time and try to analyze what's going on in the market, and also you should always know that markets are different from each other. for example what works for a stock does not always work for bitcoin and does not work for altcoin.
People said no risk no gain, but before that, we have to patient. After losing most of money, you have to learn from your mistake. List questions about what cause your failure, it'd better have some partner to help you figure the reason you failed. And the owner of this thread is right, you should also have a list of question about your future.
which I will do when I am when I lose a lot of money I will write down all the mistakes I experienced when I lost that much asset, I try to remember and try not to repeat the mistakes I've made.
which I will do when I lose a lot of money because my trading is better to close the market and try to self-correct. because I see definitely the mistakes created should I can avoid.
Good for that you have avoided the problem may arise. When losing money the most thing to do is to move forward and learned the mistakes. Learned those points that you have a lack of knowledge so in the next time you can gains good. All i learn when i lose my money i always said to myself there more blessing to comes and for me losing in crypto is just like losing in a gamble. Just be patience and every mistake is learning you have to develop.
The problem is when you're a slow learner. 
It's painful when you're learning from your mistakes but that's the best way to learn.
All i learn when i lose my money i always said to myself there more blessing to comes and for me losing in crypto is just like losing in a gamble. Just be patience and every mistake is learning you have to develop.
which I will do when I lose a lot of money because my trading is better to close the market and try to self-correct. because I see definitely the mistakes created should I can avoid.
nearly every trader will face a big loss in their career.
how to bounce back after a big loos isn't complex,only step by step are required.
what is difficult is repairing the mental damage done,especially the damage to confidence,while confidence i s blinding,successful traders have enough confidence that they're not trading with fear,because fear is also blind
how to bounce back after a big loos isn't complex,only step by step are required.
what is difficult is repairing the mental damage done,especially the damage to confidence,while confidence i s blinding,successful traders have enough confidence that they're not trading with fear,because fear is also blind
Sometimes after we experienced losses we forget our goal and even hard to set ourselves back to what we already started. When I was started and not immune to those things I tried to leave for losing so much which I cant afford to lose hence I cant accept the reality that my hard-earned money were gone. But then those failure gave me the motivation to move forward and try again, now I can accept whatever the consequences of my action but I make sure im in the right track by choosing the right coins to hodl, sometimes it didnt turn out well but I learned how to handle such scenario and deal with it in a right approach.
aim it and achieved it, if you know how to earn bitcoin then it is not impossible for you to have a 2 btc within a year, if you know how to trade then you can earn it. dont go to gambling because there is a high possibility for you to lose some of your money.
I don't know what can be done in such situations, except for analyzing what has happened and why it happened to you. I think you need to be more careful and understand what you did wrong. Be less emotional and more patient
Well when you have lost almost all your money, you need a break and study about what went wrong and why did it go wrong. Rethink about the decisions you took when the market was red. You now know the disadvantage to panic selling which cost you almost all your money. Learn the basic things about the technology and market and don’t try to be hurt when the market is red. You never loose anything if you do not sell so better keep holding until the market pays off.
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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
But losing Most of money maybe for me its a deliberately and inconsiderate because you were not doing enough method to regain the losses
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 holdIf 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.
actually, the more losses that we get, we should learn something from that losses because I am sure that there are different losses that you get so you can get many lessons. but this will not give you something if you cannot learn from your losses and you only get another loss. when I lose money in trading, I try to stay calm first, thinking for a while why the losses happen, find a way out from the losses although this is the difficult way that I can do, I will do this so I can slowly recover my losses.
That is a thoughtful idea but when it comes to issues of money and investment, you dont have to loose before you plan. Dont also plan to loose. the points outlined are very laudable but you can also perform SWOT analysis. it is very helpful.
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 .
Buddy don't lose confident if you can hodl tight then hodl! There's a psychological in the market some people would even say im losing alot here in crypto and I want to withdraw my savings. That's a bad idea rather. Well you should keep it and hold it! 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 .
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
But losing Most of money maybe for me its a deliberately and inconsiderate because you were not doing enough method to regain the losses
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 holdIf 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.
Financial losses exist in trading and i see it as a normal situation just like as making profit exist in financial trading and is equally a normal situation in trading. But when it become abnormal then one need to have a rethink about what to and what not to do.
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.
Yes, when u failed it doesn't mean you loss. Chances will always be there if you will have strong determination to pursue what your aiming for. In investing your aiming to have a profit. And loosing is part of investing but don't think its the end it is just the gate of your success.You should reconsider a number of factors. Think of the reasons why this happened, what you did the wrong way. You need to understand what were your mistakes and try to improve the situation
in any case, every trader takes a risk when he makes a choice in favor of a particular coin. Buying it at a low price, in its opinion, it can go down even lower. From this no one is immune. Initially, you need to do an accurate and rigid analysis of each coin in your portfolio.
Wonderful words!
I hope your guidance will follow by the people who saw this thread! Sometimes, we want to quit investing when we always lose our capital. Even I, regardless of the money I have put outside of cryptocurrency, I always fail to achieve my goals. But I always pushing hard and find the perfect one for me.
Business and investment are just relationship. Sometimes, there are sweetest moments but many times, there are quarrels. But whatever we experienced to our relationship even it is the worst of all, we should not quit to find the right woman for us. If we want to achieve our goals in life, we should not stop to strive it.
I hope your guidance will follow by the people who saw this thread! Sometimes, we want to quit investing when we always lose our capital. Even I, regardless of the money I have put outside of cryptocurrency, I always fail to achieve my goals. But I always pushing hard and find the perfect one for me.
Business and investment are just relationship. Sometimes, there are sweetest moments but many times, there are quarrels. But whatever we experienced to our relationship even it is the worst of all, we should not quit to find the right woman for us. If we want to achieve our goals in life, we should not stop to strive it.
if I lose and lose a lot of money then I will try to buy again when the price goes down and trying to get profit again, my failure will be made as a lesson so I will not repeat my mistake again, if we join the cryptocurrency then we must know and ready to face the risks that occur
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