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Topic: What you should do when you lose most of money? - page 6. (Read 5593 times)

sr. member
Activity: 1148
Merit: 252
I will often find out why the coin is dump. Evaluate the potential and strength of the project, to decide whether to keep it or sell it. And I often trade to cover the lost money. Get experience from losing money.
yes maybe people throw away their coins because they do not believe in being able to go up and be careless or panic so there is a dump. but most people regret doing that. trading right now can also get profit but it's small if you process it properly and correctly.
jr. member
Activity: 980
Merit: 1
Nothing can do instead of doing waiting and patient for market growing. In dumping market i face I complicated disease so I check up medical hence I sold all my bitcoin and Ethereum.
member
Activity: 434
Merit: 10
I will often find out why the coin is dump. Evaluate the potential and strength of the project, to decide whether to keep it or sell it. And I often trade to cover the lost money. Get experience from losing money.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
Of course need to accept and forget all about it to avoid stress, first of all i would like to know of the people around there specially the traders, Start joining and working in trading is very risky and possible to lose a lot of money's. If this scenario can happen to you need to moving on and start another journey of life and analysts all mistake to avoid loses in the entry in trading work.
Accepting is very important but you should always be positive to learn from it.
You lose your money then accept it because you experience it, but that does not mean you will be a loser when you try to improve your strategy
by correcting your mistakes. It does matter if we start with losses but what's important is we end up successful.
full member
Activity: 2548
Merit: 217
Of course need to accept and forget all about it to avoid stress, first of all i would like to know of the people around there specially the traders, Start joining and working in trading is very risky and possible to lose a lot of money's. If this scenario can happen to you need to moving on and start another journey of life and analysts all mistake to avoid loses in the entry in trading work.
full member
Activity: 1890
Merit: 101
I have lost most of my money several times, from entering the ICO scam and in the deception of others, but there is nothing I can do, all I can do is reflect and make it a lesson. I remembered the words of a great person "life must be able to learn from mistakes so that in the future life will be better and wiser".
member
Activity: 358
Merit: 11
If you consistently keep a trading journal then you can revisit it and do much correction when you lose money or fail. With this, you can restratregize and move on to make good of the bad trades you made in the past.
member
Activity: 252
Merit: 11
Decentralized Digital Billboards
We learn best from our mistakes. If you lost a lot of money, you need to analyze why it happened. Either you don't know the basic rules of investing or you have no idea when to buy and sell a coin.
legendary
Activity: 1358
Merit: 1000
It's important that you don't lose heart and faith when you lose most of your money in this business. If you really believe that you are born to do this endeavor and it's really for you, you shouldn't be afraid to try over and over again until you succeed. No one succeed overnight; it's just a myth. Your main investment would be patience and persistence. Realize your mistakes every time you fail and be ready to change it and start all over again.

Oh, yes, this is a very important moment. If you lose money, you can always earn it again. If you lose your hope, it can kill you. I recommend all of us the following: do not give up, guys.
full member
Activity: 462
Merit: 101
if I experience losing most of my money in trading, I have a bad strategy, the first thing I will do is evaluate the trade that I do and not do anything that makes me lose again.
member
Activity: 644
Merit: 10
When you lose money or value, it is very better to hold or wait for the coins to decrease their prices because every market has there are a bull run and bearish market. So we have to work according to the situation of the market in order to be in safe zone.
sr. member
Activity: 784
Merit: 250
Yes, loses will always come when you are into trading. But if you lose your capital every now and then. It mean that there is something wrong with your strategy. So you need to correct it before you lose all your money.
not only about our strategy , sometimes market conditon also influence our trading result.unpredictable movement could make our strategy become useless.
full member
Activity: 532
Merit: 100
Yes, loses will always come when you are into trading. But if you lose your capital every now and then. It mean that there is something wrong with your strategy. So you need to correct it before you lose all your money.
full member
Activity: 518
Merit: 100
Accept the fact that in trading looses is normal but those loose dont let affect you instead charge it as experience and those experience teach you on the next step of your trading.
Dont stop learning because it will help you  to earn a food profit. Everyday is a learning process.
full member
Activity: 532
Merit: 103
Fast, Smart, Trustworthy
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
 


nice read. Well you have to also pray  Cheesy it all boils down to expectations. You have to titer your expectation to the lowest possible so that your acceptance will be shortened. This is not easy but give it a try and you'll see.
sr. member
Activity: 1162
Merit: 251
Trading is not always for a win. Sometimes you encounter looses and that looses will  feel you upset or discourage into trading. Dont loose hope instead charge it as experience and deal with that. Do some trade plan to be more successful while you are trading.
In trading, losing is a common thing to happen, sometimes price changes can change very extreme at any time and are very unpredictable, even yesterday when prices fell, I lost more than $1500 because I was slept when prices fell. but don't despair, you can make a profit again right
full member
Activity: 476
Merit: 100
Good contribution to traders especially the newbies. I know that when you measure your performance it will grow but when you both measure and record your performance it will grow more. Trading is an act which must be learned and the psychology aspect of it. So what to do when there is excess loss is part of what you learn and how to determine how much profit or loss per trade and then how to manage money in trading are all part of what you learn.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
But now i don't that i can earn 2 bitcoin in 1 year because of many ico that scam and i also participate for their project sometimes i wasting my time on scam project that quitting you from a bounty hunter.
Well, the reason why you joined scam ICOs is because you dont do the require research or ask the right question about a project before decided to work for them. Besides, you can always check on scammed or fake ICOs listed by ICOEthics before making any move.
Concerning the question asked by the OP, what ones need to do is wait while seizing the chance of the dip market by increasing ones holding through buying of more coins.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
But now i don't that i can earn 2 bitcoin in 1 year because of many ico that scam and i also participate for their project sometimes i wasting my time on scam project that quitting you from a bounty hunter.
full member
Activity: 518
Merit: 100
Trading is not always for a win. Sometimes you encounter looses and that looses will  feel you upset or discourage into trading. Dont loose hope instead charge it as experience and deal with that. Do some trade plan to be more successful while you are trading.
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