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Topic: What you should do when you lose most of money? - page 8. (Read 5571 times)

hero member
Activity: 952
Merit: 503
Maybe you can stop of lossing money and take a break explore some good things that you can earn a couple of money but we need relax and stop taking making risky things that will loss our money.
There are two ways by which you can loose money or value. One of them is due to the down market when the value of your coins declines and the other is due to the trade you do in the market when the market is red and lose money.

In case of the former, you should hold your coins as long as the bear market is there and the value will again start rising as the market starts recovering. In case of the later, you should expand your knowledge about trading and its relation with the bear market and its impact on your investment.
member
Activity: 252
Merit: 10
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
 

What you should do when you lose most of money for me you must deal with is dont be afraid if you loss it again you must learn for it if you dont want to lose your money again.
sr. member
Activity: 882
Merit: 297
We should make some researches in regards with the coin where we already lost a lot in it. If there is still possibility for the coin to go up again then it is better to hold it. And if we found something bad about the coin which will ruin the development of the coin, it is better to make  cut the loss and moving forward with the other coins.

What you are telling is the correct way of investment, keeping dead coin is waste and when ever we watch our wallet this dead coin will give pain, so what ever loss cut it and invest in another project. But if you had invested in Bitcoin then you can hold it and if you got some more investment then average your buying price as the old high price will surely come.
legendary
Activity: 1904
Merit: 1000
We should make some researches in regards with the coin where we already lost a lot in it. If there is still possibility for the coin to go up again then it is better to hold it. And if we found something bad about the coin which will ruin the development of the coin, it is better to make  cut the loss and moving forward with the other coins.
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
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
 


Actualy money is used for spending,but loosing your money investment into the world of cryptocurrency are sometimes is bad idea,especially you cannot gain a good profit in this bearish moment,therefore in this situation your  capital or fiat money would been affected and its turn into loosing so in order to be aware of its better to find another  kind of alternative investment or be cautious when attending another kind of project investment.
sr. member
Activity: 714
Merit: 287
To begin with, we invest exactly as much as it is not a pity to lose, and then we make a decision with a cool head, objectively assessing our losses, either this is a long-term investment holding, or you are trying to recover at least some of the losses.
full member
Activity: 364
Merit: 100
When everything is already in the past you should convert your mistakes to experience and use it to earn even bigger profits in future.
hero member
Activity: 1092
Merit: 501
Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
We should treat it as a project wherein we have a goal which bounded by a timeline and a plan on how to achieve our goal. We may have different approach/strategy on how to reach our goals but the important thing is that we will achieve it no matter what.
That's correct, there is no easy way on making money, we lose and win but when we lose we should learn to improve or correct our mistakes so
we will be successful the next time around. When we lose, let's accept it as it's part of our journey, what's important is we have more win than our loses.
So lose and profit is part of life and it is part of business as well so no worries mate if today one if losing later on for holding all their lose will turn to profit, so no need to suffer or do anything else, better hold if you see the market is under correction, as time heals everything so will happen with the price of bitcoin and cryptocurrency so I suggest you to have patience and hold even if you know you are going to lose.
jr. member
Activity: 224
Merit: 1
It is normal that yoi lose when you are bewbie in trading all you have to do is to learn from the mistake that you have done wrong. You can also tske down note on the things that you have done when you are trading so that when you trade again you know what you should correct in able not to lose again in your next trading.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
We should treat it as a project wherein we have a goal which bounded by a timeline and a plan on how to achieve our goal. We may have different approach/strategy on how to reach our goals but the important thing is that we will achieve it no matter what.
That's correct, there is no easy way on making money, we lose and win but when we lose we should learn to improve or correct our mistakes so
we will be successful the next time around. When we lose, let's accept it as it's part of our journey, what's important is we have more win than our loses.
copper member
Activity: 363
Merit: 9
Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
We should treat it as a project wherein we have a goal which bounded by a timeline and a plan on how to achieve our goal. We may have different approach/strategy on how to reach our goals but the important thing is that we will achieve it no matter what.
full member
Activity: 518
Merit: 100
No one will predict what will happened to you when you are in the world of crypto. The sad part when you are in crypto is when you loose most of your money. Feeling that you have nothing in your wallet. Just accept the fact. Charge it as experience  and  learn from your mistakes.
member
Activity: 429
Merit: 10
Maybe you can stop of lossing money and take a break explore some good things that you can earn a couple of money but we need relax and stop taking making risky things that will loss our money.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
When i was a beginner in trading i am really losing a lot of money but all the i money i lose is motivate me to practice everyday and after i lose my money i promise to myself to be an expert trader next time so i wil not lose my money anymore.
You can't promise that you would never make a mistake ever again. It's something we have no control about. We try as best as we can, but later we may face mistake again and again. As most people said, sacrifice is the thing that we gotta take someday. We don't know whether it's in the first time, in the middle, or maybe at the end of the story. Just keep going and keep learning.
full member
Activity: 588
Merit: 101
right, we must have the motivation to succeed in the crypto currency, failure will be the best teacher for us if we can learn from the mistakes we have made, losing money in trading is a common thing and it has become a risk, but we must stay optimistic and never give up
sr. member
Activity: 602
Merit: 250
I feel really lost when I lose a lot of money with no way to get back. I do not know why the rewards campaign I joined did not pay. Electronic money fell sharply, coin not on the floor. The implementation of electronic money trading today is very difficult.
full member
Activity: 616
Merit: 100
https://exip.live/
I loss my money in crypto more than 50% , and i always thinking what my mistake, and then i know my mistake is greedy and FOMO, so later i will not doing the same mistake again. I should be have diversify risk and also learn price action of others asset cause crypto too high volatility.
member
Activity: 770
Merit: 12
Trphy.io
I also agree that a loss is normal when you trade. But if you loss almost all your capital. It means that there is something wrong with your strategy. So you better compose yourself. And change your strategy in trading.
right, holding yourself down and stopping trading for a moment is the best choice. that way our mind will be clean again. after that, only develop market movement analysis
sr. member
Activity: 1162
Merit: 251
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.
In a trade, loss is normal. Do not discourage, but must be introspective and look for the cause of the loss for the next trade. Study again, analyze again and control emotions, because the majority of losses in trading are due to uncontrolled emotions.
That is the thing you should be do, that loss in trading is a natural thing, even the expert must have experienced a loss, because sometimes the price changes are unpredictable. but they don't despair, you're right the important thing don't repeat the same mistakes, learn what which makes you lose
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
I also agree that a loss is normal when you trade. But if you loss almost all your capital. It means that there is something wrong with your strategy. So you better compose yourself. And change your strategy in trading.
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