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Topic: you need to overcome your fear of losing money - page 12. (Read 52926 times)

member
Activity: 238
Merit: 10
If we will just embrace our losses and learn to move forward always in whatever we do then eventually we will be successful. Trading is just one of those that we need to fail sometimes or most of the time before we can go to the altitude of success
member
Activity: 294
Merit: 10
If you are constantly looking for 'safe' trades you will never make enough on this trades to outweigh the times that it does go bad. Personally I probably profit on about 2/3 of my trades and lose on 1/3 of them. But as long as the amounts are similar then for me this is still fine, loss is something you have to accept is going to happen again and again.We can't blame those newbies here in the forum or in the crypto world about having fear on losing our money, we are all started on that, but once they are earning enough money, they will overcome this fear
newbie
Activity: 219
Merit: 0
When you go investment, afraid to lose money, I recommend you put money in the safe, I think when you bring money to invest that fear is the ability for you to succeed is very small, when you want to invest in a Some problems you have learned a lot before investing, but when you have learned so much that until the investment you are still scared I have nothing to say
newbie
Activity: 6
Merit: 0
Only beginner's are afraid of losing money. Just think about this the more you lose the more you learn, and thats how we come up to new idea, that oh I should have not done this, I should have  do the other way to earn money and not losing it. Much alike with gambling. So much attempt, and so much money I loose. But even though, losing makes me even more stronger in this career. That is how I overcome my fear.
full member
Activity: 1140
Merit: 103
Buzz App - Spin wheel, farm rewards
In each one of us we are all preventing losing some money but we can't afford it because it is the risk of holding money for a long time. I could relate some of the previous statement that we should keep on eye of our money because we should be responsible to the profits wr make.  Be sure to have a strong ming and soul it's because money is a big things we effort and it is the achievements that anyone of us to commit.
hero member
Activity: 980
Merit: 506
Losing have levels provided you don't loss continously. Every trader should learn how to treat losses as part of trading. Overcoming the fear of losing is also important because fear restricts you from taking the risk even when it is worth it.
True! Fear is something which stops you from taking more risks in your life and if you will remain afraid of losing your money, then you will never be able to make out something good in your life. You have to make yourself understand this thing that there is nothing in this world which you can achieve once you will remain afraid of losing something. You have to be strong enough to face any kind of circumstances.
member
Activity: 84
Merit: 10
AQGmvEGdwBDWpNmH23337qRVEdqj7wduzj
tolerance.. but to remember to take only what you can afford..
newbie
Activity: 136
Merit: 0
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
for anyone who loses money will certainly be afraid. but different from losing money in trading. if you lose money in the trade it is a matter that need not be feared, because loss is the beginning of success in trading. and maybe with that loss we will be more enthusiastic in trading and keep on fighting. losing money is one of the trade trips.
member
Activity: 294
Merit: 14
It is hard to lose money you don't have. It is still best to prevent losing money. But like what you said, it is all part of a trader's journey. Losing money is part of the experience and will even make you a better trader.
member
Activity: 154
Merit: 12
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Indeed in trading you need to losing to procure understanding on it. In any case pursuing misfortune cash isn't a decent procedure by any stretch of the imagination. You should control your feeling when you're at loss man. Try not to give it a chance to control you.
legendary
Activity: 1862
Merit: 1046
that's right, the fact is my own experience. first I was always afraid to lose money so that makes me so hard to make a profit and I always miss to earn huge profits. but after that I more courageous and assume like a gambling must be prepared to lose to get a bigger profit.
 
member
Activity: 210
Merit: 10
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Become a trader like other professions, is not something that is easily. Many people want to become a successful trader, but forget about that being a successful trader is a process. There are several stages that must be passed by a trader before becoming a successful trader. And I agree losing as part of become successful trader, many traders who experienced this being scared and surrendered, whereas this can add to the experience and ability to be more ready to face the market.
member
Activity: 378
Merit: 12
Human brain remembers clearly faults, connected with money loose and in future you would not repeat this mistake. These faults are making you stronger and more experienced.
member
Activity: 140
Merit: 16
Of course losing is part of Trading and sometimes it's not bad lose just learn from it and i think that those whose not willing to sacrifice something will never go forward. Just be confident and make sure you learn something in your past mistake so it will not happen again, in trading or in life we always lose something it is normal we just need to accept it and move on and be a much better person.
sr. member
Activity: 630
Merit: 250
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
All have one thing in common is that we all feel sad and worried if the money you lose when entering a transaction. Overcoming fear of losing money, only wealthy people pass. Those who earn hard money just take a few hundred thousand revenue is also very painful. Asking for bitcoin business can cost you hundreds of millions.
member
Activity: 252
Merit: 12
Yeah right, like everyone else. I remember the first convertion i made, I was totally insane while whatching the movement of btc. When I saw the movement of btc went down I felt sad, but when I saw that it actually goes up, it made me even more crazy, that almost every minute I am checking the btc movements.  From the beginning I am afraid if course of losing my money.  But now that I knew how to dance on the movement of btc I am not afraid anymore.
legendary
Activity: 1176
Merit: 1016
As the saying goes : don't invest more than you are prepared to lose...
That’s a rule of wise investors and if you really want to be successful in business, you should not take risks beyond your limits. Risk taking is a great factor to make you stand out of the crowd but there is still limits for everything even risk in excess is dangerous.

As far as investing into bitcoin is concerned, I am pretty sure that it is not much risky to invest maximum amount in this coins and the reason is very much obvious.
hero member
Activity: 2282
Merit: 659
Looking for gigs
As a true trader, you should always think of both pumping and dumping as an opportunity. I understand that our emotions are being tested regarding the huge collapse of Bitcoin and other altcoins.

Even me, of course, I had mixed emotions when I see that most of my portfolio is being dragged down due to crash. There's a part of me that I want to ride in with the dumpers, but there's another part of me that is strong and needs me to hang on.

Overcoming your fear is essential for us as cryptocurrency traders. It's healthy and normal for us to see crashes like this, only that the whales are taking advantage of newbies and inexperienced traders due to FUD.

I choose to hang on rather than ride on with the dumpers. If it crashes, see it as an opportunity to buy more at lower prices. Think that they are "on FUD sale" like 50% off or something.
full member
Activity: 392
Merit: 112
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Agree on this. There is no people that always gained profits, some are losing, you should learn how to accept loss. It's party of being a trader, you need to become strong, weak hands are not allowed to trade. People are always getting panic, when there are some dips on the market.
sr. member
Activity: 854
Merit: 252
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Indeed you are right in that part, as other saying that before you become a successful in anything you need to succeed failures, obstacles or many mistakes before you win in the battle. Therefore losing money is just a part of being successful in the near future.
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