you need to overcome your fear of losing money - page 10.

ferrybitcoin.1996

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Quote from: Haladay on January 25, 2018, 10:14:48 AM

Quote from: rapperug92 on January 25, 2018, 09:27:22 AM

Even after loosing some money through trading he should get some experience about finding which one will give good profit and which one is not. So if he is not perfect in trading than better stop trading. Learning from the failures we have experienced before should be used as learning for the future in trade. But still we must realize that losses in trading can be experienced by anyone, either by a beginner or who has a lot of experience in trading. Sometimes people who are ordinary and experienced in their trades can be careless until they have to give up their money

The market trading is a continous process and making loss is not the end of the world. If we make loss, we can overcome this problem in the next days by making profit to neutralize it I think.

Common people will do as you said when they loss their money. Seek another chance (or you can said faith too Grin

) to another coin and sold it with carefull decision, sometimes excessive worries on it. Either beginner or experienced one faced the most unexpected Trading, you can see Crypto Market Cap. All coins have their trends and sudden dropped, that is your risk when decides to be a part of Cryptocurrency.

Haladay

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Quote from: rapperug92 on January 25, 2018, 09:27:22 AM

Even after loosing some money through trading he should get some experience about finding which one will give good profit and which one is not. So if he is not perfect in trading than better stop trading. Learning from the failures we have experienced before should be used as learning for the future in trade. But still we must realize that losses in trading can be experienced by anyone, either by a beginner or who has a lot of experience in trading. Sometimes people who are ordinary and experienced in their trades can be careless until they have to give up their money

The market trading is a continous process and making loss is not the end of the world. If we make loss, we can overcome this problem in the next days by making profit to neutralize it I think.

rapperug92

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Even after loosing some money through trading he should get some experience about finding which one will give good profit and which one is not. So if he is not perfect in trading than better stop trading. Learning from the failures we have experienced before should be used as learning for the future in trade. But still we must realize that losses in trading can be experienced by anyone, either by a beginner or who has a lot of experience in trading. Sometimes people who are ordinary and experienced in their trades can be careless until they have to give up their money

collins3

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Quote from: logan16j on January 25, 2018, 09:23:56 AM

Actually let us consider an example where we buy alt coins and during the pump we are too relaxed to sell and them dump comes, this would lead to loss every time while if we have fear in mind that dump is coming, then we will make a wise sell at its peak. I agree with you, the trader will use analysis before they do trade and only make a buy that have a chance to make profit

Yes, We shouldn't embrace losses, but wins. We must not just considered our mistake by taking it for just a practicc, it is a matter of money, and every single trading is important.yes before starting a business one must keep it in mind that both the possibilities of earning and loosing money are there. He must accept the reality that one can make money in gambling but can also lose his one money there

logan16j

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Actually let us consider an example where we buy alt coins and during the pump we are too relaxed to sell and them dump comes, this would lead to loss every time while if we have fear in mind that dump is coming, then we will make a wise sell at its peak. I agree with you, the trader will use analysis before they do trade and only make a buy that have a chance to make profit

burdagol12345

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Thats true, that we need to overcome our fear of losing money,because in investment trading ,not should we always gain a good earning but sometimes we fails in our investment and that failure can make us strenghten to our self to become more effective in our ways of trading investment in cryptocurrency world.thats statement said that practice makes perfect is same as said that losing is not a failure but it is the first step toward success.

pikebu

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Quote from: Gladiator25 on January 25, 2018, 12:20:36 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree that losing is a part of trading. Because in trading is based on supply and demand. If the price is low it is the time to buy and if the price is high then sell. That is the reason why you experience losing because it is part of trading. So, overcome your fear in losing money.

Yes and the method to overcome our fear of losing money in trading altcoins is we must have the rules of trading altcoins, it must be clear for example we must have planning when we take the profit, when we open position buy and sell, always follow the trend of price, how much the maximal of money must be losing, if we want doing cut loss in trading, learning analysis technical before entry and exit from the market and any other related with trading activity.

Botnake

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Quote from: RavenHood on January 25, 2018, 08:03:54 AM

In my opinion, we should overcome the fear of losing money in the trading. We should nothing to worried being lose in it. Price movement is crazy we can’ know what will goes on it. I believe that all most the traders are experiencing to lose on the trading. Don’t lose hope if you lose at first later it will result in a huge income. If we don’t overcome the fear, losing a big portion of our life. Just try your best even you lose to take the risk of a good result.

That's right, we have to be positive although the fear cannot be eliminated but we have to conquer it so we will be going at the right direction.
Fear in trading will make you stupid as even though you have a very successful plan but with lack of strength to implement it, that would result to failure.

RavenHood

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In my opinion, we should overcome the fear of losing money in the trading. We should nothing to worried being lose in it. Price movement is crazy we can’ know what will goes on it. I believe that all most the traders are experiencing to lose on the trading. Don’t lose hope if you lose at first later it will result in a huge income. If we don’t overcome the fear, losing a big portion of our life. Just try your best even you lose to take the risk of a good result.

qiman

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It is not easy having to cope with a big bear run after a bull run and especially if you do not take advantage of the bull run. Timing is everything and I shake my head din wonder at myself as to why I never get to sell a coin when it is on the high end of it's life and then I just see the prices go rock bottom. I think my brain has a freeze at the point for ATH and it stops working. All I can do is to try and improve my skills so I do not keep feeling like a failure in this very volatile altcoin market.

icecream sandwich

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Yes it is true because being afraid can lead you into wrong decisions as always because if you are afraid you cannot think that properly so you might end up getting a lower profit or panic selling when the price drops. You need to stay calm and act professional and have a lot of patience especially in this kind of job because you cannot always win and you cannot immediately get the money it takes time and effort.

cepedacharles

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Actually let us consider an example where we buy alt coins and during the pump we are too relaxed to sell and them dump comes, this would lead to loss everytime while if we have fear in mind that dump is coming, then we will make a wise sell at its peak. It is unlikely that you will be able to sell at the peak. You will either sell too late (read not sell at all) or too early, and then you will be watching the price grow and calculate with disappointment how much you could have earned if you didn't sell
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xSkylarx

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Quote from: rejin29x on January 23, 2018, 08:04:23 PM

While I agree with your statement, I suddenly felt the need to qualify it in the sense that you have to lose only to a certain extent, otherwise, you are not doing business at all. You cannot sustain a business if you keep incurring losses. Thus, the birth of managing costs. All of these should be well mapped out prior to doing business to determine the best course of action should the inevitable (like for instance, big time market crash) come handy.

Technically, if you are going to do an investment, it is automatic that you are not afraid of losing your money, because investment doesn't mean to gain every time, there will be times that you could lose some of your money, and there will be times that you are going to earn more than what you have lose, it is just all about not quitting so easy, don't let a single failure decide what you could have tomorrow.

Gladiator25

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★777Coin.com★ Fun BTC Casino!

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree that losing is a part of trading. Because in trading is based on supply and demand. If the price is low it is the time to buy and if the price is high then sell. That is the reason why you experience losing because it is part of trading. So, overcome your fear in losing money.

Getcoinsite

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Quote from: n0ne on December 03, 2016, 04:35:05 PM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Losing happens with all sort of trade, though you were experienced or have good knowledge about it. In my view one can be considered successful in trading when he has the ability to minimize loss or avoid loss even during times of hard financial crisis. With bitcoin it is very hard because price fluctuation occurs without any notification.

price fluctuations happens to all coins not just bitcoin,thats why in trading no one assures anything but only a chance..we traders exprienced in all aspects specially losing thats why we ignored fear now,instead using it as motivation to make succesfull trading..and even if sometimes we cant ignore fear,what we need is conquer and fight it so this wont interfere our strategy and limit the chance of losing.

reymartH

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One of the best tricks to overcome your fear of losing, is redefining the concept of failure. What is the meaning of failure for you? You can see it as a tragedy or as a learning experience; You can understand it as a sign to let your plans succeed, or you can view it as an inspiration to go even beyond your desires. Possibly you see failure as a punishment for your ambition, or perhaps you prefer to understand it as a new opportunity; You can also see it as a defeat, while others see it as a sign to start over but more experienced.

rejin29x

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While I agree with your statement, I suddenly felt the need to qualify it in the sense that you have to lose only to a certain extent, otherwise, you are not doing business at all. You cannot sustain a business if you keep incurring losses. Thus, the birth of managing costs. All of these should be well mapped out prior to doing business to determine the best course of action should the inevitable (like for instance, big time market crash) come handy.

jomarthegreat89

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I don't think it's fear we need to control alone, but our impulses as well... We need to plan way before investing/trading and we definitely need to know when to exit ahead as well. Lastly, it's best to allocate funds among different investments instead of just 1 to avoid risk.

Soranith

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We should all learn how to overcome our fear of losing money when we trade because if we will keep our emotions control us then we will not succeed specially in trading. Losing money is always part in anykind of investment so there is nothing to fear about.

XUOR

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En plus de maîtriser sa peur afin de ne pas perdre de trop, il faut aussi apprendre à mettre les mains dans le cambouis Roll Eyes

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