In psychology the concept of “fear” is a normal response or defensive mechanism which protects you from harmful effects of the things you will face.
We should overcome that because taking the risk and make the negative things into positive thought will raise us to success.
Topic: you need to overcome your fear of losing money (Read 52909 times)
Of course, it is necessary to overcome the panic when losing money. The most important thing to invest in is to maintain a good attitude. After having experienced a loss, we should be more careful. Wait patiently, we are selling when the market is good.
Yes, when we invest in money, we must first make the worst plans so that even if the currency price drops, we can afford it. If you can't bear the consequences of falling currency prices, and then you have a bad mind, then you are not suitable to continue. Investment currency.
Don't be s afraid to lose something, it will be lesson for the future.
Education is the best solution to fight coin scam, fail coin, we learn when we buy their coin and have bad results, no teachers faster than losing money.
Education is the best solution to fight coin scam, fail coin, we learn when we buy their coin and have bad results, no teachers faster than losing money.
Of course, I used to be afraid of trading because I was afraid of losing money. But I want to be a trader and sooner or later have to take this step. We cannot abandon the trading market because we lose money once. Investment always involves risks. We should minimize the risks. Do not give up trading because you are afraid of losing money.
I think that as an investor, every project invested must be prepared for the worst, so that even if you experience a big loss you can adjust it. If you cannot adjust your mentality, then your investment is likely to fail. . So I think the mentality is very important.
Of course, there is a need to overcome the fear of losing money. Investment itself is risky. As an investor, of course, to overcome the fear of losing money, we must always maintain a good attitude. Patience and waiting are important.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Agree to this. Not everyday is win, you didn't trade to lose money, but to earn profits. Learn from your mistakes, if you lost of your some funds learn to get back, learn and never do your wrong doings before. It is so normal to lose some money in trading, it's trading and it is normal.
losing money is a very normal thing in trading, if you didnt lose money, how can you get experience, lessons, or skills of controling your trading.
You must first understand what you are afraid most of all - Fear of loss. Fear of losing good deals. Fear of making a mistake. If you are tormented by the fear of loss, then of course the amount of money that you invest should not exceed the amount that you can afford to lose.
Of course trading is like any other way of earning has its risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.
You have to overcome your fear of losing money, of course, trading is also a way to make money, but you have to face or accept your mistake and start rising Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Very golden words! Completely agree, especially very bad, when you begin to be very upset in their unsuccessful bidding.
It's easy to talk, but when you see money that took months or years to be earned in a short time, it's hard to keep calm and detachment. I always tend to panic.
In any kind of trading business losing money is in the first stage,but losing is the key to succes...just always keep in mind the determination of being a successful trader...
Yep, all new started businesses or startups can be subject for fail, because there is no chance for usual products in competitive market. Succesfull traders can master his feelings, because no one force you to enter after next big candle. Success is form of hardwork, emotional control and money management rules.
In any kind of trading business losing money is in the first stage,but losing is the key to succes...just always keep in mind the determination of being a successful trader...
Yep, all new started businesses or startups can be subject for fail, because there is no chance for usual products in competitive market. Succesfull traders can master his feelings, because no one force you to enter after next big candle. Success is form of hardwork, emotional control and money management rules.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Losing is actually a part of our lives as traders and through it, we are also able to adopt changes and mistakes in life. I believe that we won't be able to gain better experiences without losing anything here in trading. It is just fine to lose something as long as we aren't losing frequently. Through it, we would be able to trade better and make wiser decisions in the future. We must not afraid to take all the risks here for we would still be rewarded in the end.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
thats true. you need to level up your risk tolerance in order for you to make huge gain. the higher the risk the higher the return..
short of taking out a loan to trade with
If you want to succeed in the crypto market, you have to take risks. Strong psychology, beliefs and knowledge are essential to trade or hold in this market. You need to overcome panic and psychological effects from the community or the media. Efforts to persevere hold until the time the market grows. That is the success.
I guess fear will always be there, it's a part of human being; but to control it is one thing we need to do if we want to become a successful trader. It will take time for us to be in that position especially when you're new in crypto but if you are eager and sure with crypto then you will overcome it.
Agree, fear still always exist somewhere in you because it is our natural instinct, we can not deny it, what we need to do is accept and live with it, many people choose to escape and forget about fear, that only made the situation worse. Losing money is never a problem too big in trading, we should look more objectively, loss is just experience to help us build strong psychology before every situation, it helps us to understand that what we are missing and should be added to improve, lost then earn more and more, more relaxed in thought and success will come
In any kind of trading business losing money is in the first stage,but losing is the key to succes...just always keep in mind the determination of being a successful trader...
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