Topic: you need to overcome your fear of losing money - page 35. (Read 52929 times)
Acceptance is also key to trading because there is always a risk of losing your money. That is why you should never invest or trade money that you are not prepared to lose because there is a chance that you might lose it. Acceptance is different from carelessly losing it though. Having some fear of losing money may be also useful so that you can still be cautious of your actions and financial decisions.
Trading bitcoin or any other currency it's really volatile, it's better to save that coin and hold it then sell it when you see that the price went down, after you will stay calm and understand that this market can change in hours you can hold this coins and not sell them and probably get aditionoal funds
I think trading here in bitcoin is not fear because you need only to do a good move like everytime you earn to faucet or campaign then do invest 10% every earnings so no losing but risk the earnings from other right?so better to do like that
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
You have a good point. We need to overcome our fear of losing our money in many investment. We need to become brave when we are investing for us to make more money.Of course you won't have this mindset if you do not have some good strategy and that is why a whole lot of people panic quickly and won't even know the best time to get out when losing in trading.
As the importance of an individual trade increases in the trader's mind, the fear level tends to increase as well. A trader becomes more hesitant and cautious, seeking to avoid a mistake. The risk of choking under pressure increases as the trader feels the pressure build. All traders have fear, but winning market timers manage their fear, while losing timers (as well as all traders) are controlled by it. When faced with a potentially dangerous situation, the instinctive tendency is to revert to the fight or flight response. We can either prepare to do battle against the perceived threat or we can flee from this danger.
Trading is a very hard field witch needs intelligence and mistrust. Not only this, but also boldness. If we will still in the fear of losing our money we will never be a financial power in the market and win the big deals. We have to believe in our selves and in our future.
I think we can excel in our lives till the time we will not overcome this fear of losing money. We need to be brave enough to face any kind of circumstances, only then we can manage to go for something big. Otherwise there is no other way that we can get what actually we wish to have in our lives. You need to take risk for better future. 
well i totally agree with this
i lost some but eventually i started to make some money afterwards
because losing is evident and making money is also evident
its balancing.
The chance for the profit in bitcoin is more than any other currency so it is good to invest in bitcoin and wait for the long time. Bitcoin is the currency that there is no fear of the loss in bitcoin. Bitcoin price so good for the investment and investing good income of your earning money is good source for you. There is chance of loss in everything. Chance of the bitcoin is for the price only. i lost some but eventually i started to make some money afterwards
because losing is evident and making money is also evident
its balancing.
If you accept that loss is sometimes inevitable and that you are not the superman who makes profit all the time then you will not have such fear from losing. Loss can't be avoided but it could be diminished with smart and caucious decisions. Always count with risk and don't invest or spend more money than you can afford, then you will have no fear.
Loss is sometime happen. Not all the time you will get profit. Sometimes, you are forced to face a loss also. You have to tally that loss with the additional profit some time. In first month you face a loss means ,you should tally with the second month Profit.
If you accept that loss is sometimes inevitable and that you are not the superman who makes profit all the time then you will not have such fear from losing. Loss can't be avoided but it could be diminished with smart and caucious decisions. Always count with risk and don't invest or spend more money than you can afford, then you will have no fear.
of course you should overcome the fear of losing money specially in trading,
You could never gain some profit if you are so scared to bet some.
Indeed, you are right! having fear was the common problem of the majority member in this industry. You could never gain some profit if you are so scared to bet some.
and of course because of that things don't expect that you're going to have a big profit if you had that
fear in your heart and mind.
When you're just a beginner of course you have some fear in losing money but in my opinion as you are learning and growing in the middle at the end you will be enjoying the ride. Sometimes you will make a facepalm and sometimes you will jump as high as your ceiling when you are winning the markets.
When it comes in business in the real world sometimes you must wait about 6 years in order to grow so it's a gamble and you must take the risk of losing your money.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yes that is right because being afraid of losing profit in this business will not help you to be successful, this also might drag you down and drive you crazy. In this business it is normal that you lose money because the price of the coins are not stable, you need to take risk in order to gain more. And we all knownthat tradings are sometimes not that successful where the you will lose more money than to gain some. If you let your emotions controls your business you can do bad decision to your career that might ruined you whole money.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yes.i am agree with you But Trading does not mean that you sell coin lose.Trading is fully full control your emotion and self .I am hold some coin but now coin price is so low.I am waiting for pumping Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I'm not yet the experience of losing, what kind of losing did you mean? Is it losing money in trading? One of the reasons why losing is happening is that the trading site you are using is not legit or maybe it is a scam, there are many people saying that there are trading sites that are scam. I think we should think first and be careful while we are going to trade because losing cannot be refunded anymore.
you dont need to do anything. if you feel bad when losing money you should quit trading
Quitting trading means that you don't really want to succeed in life, I understand that we do have different perspective in life but I could say that not quitting in trading because with this we can change our life. Sometimes, we have to face our fear especially when it has something to do with our life.Even me, I also have a time can not trade on the market, but luckily I did not give up it because I stil want to continue make money.
If some people can be doing it successfully, the question you should ask yourself is, what is it I am doing wrong that those people aren't doing? However, in trading, if you have tried all your best and you notice it is not just working, it might not just be what you have been called to do and just find something else.
Trading is a very hard field witch needs intelligence and mistrust. Not only this, but also boldness. If we will still in the fear of losing our money we will never be a financial power in the market and win the big deals. We have to believe in our selves and in our future.
Yes, that is why you will never earn a penny without having lost some money before. If you are trading in forex, or with altcoins, you need to lose money in order to learn how to manage your money and dont make those mistakes anymore, it is better to fail at the beggining than when you have a good amount of money, because losing $100 is not the same than $1000, this is why is so important to have mistakes.
Worrying and stressing over poor trades and lost money will never get you anywhere. In crypto you need thick skin and balls of steel to deal with the turbulence. The sooner you can get over your fear of losing money, the more enjoyable crypto becomes.
Agree with you without steel balls and a mental resistance to all red percentage and news, there is nothing to do in crypto world, if you overcome them almost always you receive profit from all coins where you have invested in 
That's how crypto exist. We gain one minute and lose the other seconds. We enter on a volatile market and its the price we should accept,learn the art of patience to gain success here in crypto.
Worrying and stressing over poor trades and lost money will never get you anywhere. In crypto you need thick skin and balls of steel to deal with the turbulence. The sooner you can get over your fear of losing money, the more enjoyable crypto becomes.
Agree with you without steel balls and a mental resistance to all red percentage and news, there is nothing to do in crypto world, if you overcome them almost always you receive profit from all coins where you have invested in 
Worrying and stressing over poor trades and lost money will never get you anywhere. In crypto you need thick skin and balls of steel to deal with the turbulence. The sooner you can get over your fear of losing money, the more enjoyable crypto becomes.
not only in trading altcoin but in every kind of trading you need to have full control over your fear of losing money, because if you have the fear of losing momey then you cannot get the right decision in right time. and surely it will effect the result of your trading or investment, therefore i think that it is too much important to have control over your fear of losing money specially when you are going to take a decision. It's banal, but money is just money. There are a lot of things such as health, family, happiness, etc, which are more important. When I lose some money, I try to focus on the listed things and forget about material loss
Seems you have raised a valid point. There are other things that is more important that money. Its only material. Things such as family and health are more important and can't be replaced once we lose them. So it ever you lost money, don't worry because tomorrow you can recover it. You can even doubled it what you have lost the previous days. And its part of your journey in the trading world, but put every lost as experience so that you wont make the same mistakes again. And always think of your family, and be inspired the next time you do trading.
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