your mentality after a huge loss? - page 13.

jonatuzc

hero member

Activity: 854

Merit: 501

Quote from: Soksuci on January 08, 2018, 08:42:05 AM

I suffered loss of 0.6 BTC last year.

What I did is research a very potential coin wish low marketcap and all in at that coin.

Ups and downs are the part of life. No one has perfect life, we all need to commit mistakes in order to learn new things. This is great if you did not give up on your dreams and keep trading after losses.

I am sure you had learned big things from your mistakes by now and doing fine in trading now. Persistence makes you stand in the crowd of stragglers. My all best wishes are with you. May you achieve all your dreams!

Ryanpogi

member

Activity: 294

Merit: 10

my experience of being in my absence really makes it difficult to think I'm lost. but it's always been said that I was going to let it go. The secret is just praying brothers. thanks.

pinkliar

full member

Activity: 262

Merit: 100

Quote from: setupbounds on January 11, 2018, 01:11:06 AM

Quote from: Infectedworld on January 09, 2018, 08:28:02 AM

Not really my TRON profit went from 7k to 3k didnt want to sell until they raise to 1$ so i will be there for the long run .

There is nothing to deny this thing that one feels bad once he suffer some kind of loss. The only thing which can help you at that time is to relax for some period of time.

After that, make a better strategy and then put in your best in order to make things happen in a way you wanted to take the things. Learn from your past mistakes and try not to repeat the similar kind of mistakes in the near future.

this is hard to control for cause you lost yes we have some different characteristic the way on how we are able to handle all things some people are too emotional and all of us when it comes with money we are emotional and hard to control.

setupbounds

hero member

Activity: 910

Merit: 509

Quote from: Infectedworld on January 09, 2018, 08:28:02 AM

Not really my TRON profit went from 7k to 3k didnt want to sell until they raise to 1$ so i will be there for the long run .

There is nothing to deny this thing that one feels bad once he suffer some kind of loss. The only thing which can help you at that time is to relax for some period of time.

After that, make a better strategy and then put in your best in order to make things happen in a way you wanted to take the things. Learn from your past mistakes and try not to repeat the similar kind of mistakes in the near future.

doedz

hero member

Activity: 1106

Merit: 502

Quote from: rgsnedds on January 10, 2018, 08:15:10 AM

there is no loss, there is only HODL.

the question is:
how long will we hold, and are we strong and ready if our assets are reduced?
this is a great fight, traders are always haunted by the question.
and I can not manage my emotions. finally I CL.

Olatunjex

full member

Activity: 1064

Merit: 102

Usually when i started and develop a huge interest in crypto whenever i have a huge lose i felt like quitting and that i couldn't make money in crypto but it was i matter of time before i got this winning momentum and everything changed for good.

OrangeSeller

hero member

Activity: 1008

Merit: 501

Quote from: BTG-BTC on January 07, 2018, 08:35:46 AM

At the beginning when I was losing money I was not feeling well, I was a little depressed, then I learned to emotionally detach myself from trading and that money and now it's better.

The only thing which can help you from recovering that loss is not to lose heart and invest after some period of time. If you will give each and everything, then there will be no other possible way to recover that amount which you lost. You need to learn from your mistakes and remain motivated. Make a better strategy afterwards and then keep working hard in order to make things happen as per your desire.

kodtycoon

legendary

Activity: 1568

Merit: 1002

If I had a big loss too early to give up, I'm not mentally thin like a useless coin. Since I do business in trade I had a loss but not big just still be for me try, then in trading not just mentally tested but money and more money then you will be king.

ukboss

full member

Activity: 742

Merit: 100

I'm a crypto currency trader. When i learn about trading on that time i lose my huge money but i'm never Give up because i know today or Tomorrow i'm will be a good trader after 3 year now i'm a good trader but when i'm lose huge money on that i'm just take a rest and stop my trading on that time.

roshanface123

full member

Activity: 308

Merit: 100

After a huge loss I'm afraid and confused about my decision on my investment.
And making next investment not sooner after this huge loss ,it will take time.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Just like gambling, when I have a huge loss like when I waited for the IGNIS airdrop and hold on to NXT, I made a huge loss on that airdrop, I think 40% of my trading funds was lost so my initial reaction was to transfer some funds from my BTC savings and recover, but after scouring the market list to see what coin I think will pump in 24-48 hours, I gave up and just wait for the airdrop and also wait for another oppurtunity.

blitz18

member

Activity: 248

Merit: 10

When experiencing a huge loss the mentality I have is to move on and take it as a lesson. In trading we may experience lose or win, so before you join in make sure that you are determined to win. And looking forward for another trade that I will achieve to success, so better accept the challenges and be determined to take profit.

bribed

full member

Activity: 238

Merit: 100

I've suffered quite some losses while trying to daytrade. It actually didnt affect my mind too much, I just realized that its stupid to try to do this without the neccessary skills. I just shifted my strategy and am more or less holding only now. I still do trade but only for learning purposes and with way less money, so if I suffer a loss with that money, it wont hurt me much.
As it is with every aspect of life, to master something, we first got to fail in every aspect. So its better to get up again after falling and trying again and again instead of just giving up on the thing we tried to achieve, because if we do so, we will never achieve it!

billykannithi

member

Activity: 330

Merit: 12

I am always calm after every big loss but I am determined to keep because if you sell means you have accepted the loss of profit and this is not good because you can be affected much psychologically and maybe you will be very sad

osasshem

full member

Activity: 625

Merit: 100

Quote from: kuronokishi10 on December 09, 2017, 04:52:44 AM

What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

Someone told me that when I loss, I should try again with a different strategy, cause the first one has failed. Therefore, I will take the risk again and invest. I can find some other way of investment, but will still make investment in crypto and trading.

royale143

member

Activity: 294

Merit: 36

Quote from: erickkyut on December 09, 2017, 06:23:12 AM

Quote from: kuronokishi10 on December 09, 2017, 04:52:44 AM

What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

I remember the day when I was a newbie in trading industry. I bought multiple coins because of the hype of the people on social media and promises that it will multiply my investments. After a week, I found out that the coins I bought were shitcoins. I was very depressed that time but I told myself that I won't give up and will try again. I learned from my mistakes. I did some research and studies about Bitcoin and other cryptocurrencies. Now, I'm still learning but I know now how to identify shit coins from quality coins.

I agree. Loses, however huge it may be, is something that should be taken positively and be appraised as a means of growth and experience. I know, it is hard to stay positive after a huge loss, but what is better to do, lick your wounds and go stand up or just give up. So, instead of actually giving up and not trying out again and leaving your losses as it is. The better thing to do is to study why the loss happened and use it as a guide in order to do better next time. Also, you should not be afraid of losing as a trader, the fact is, it is part of trading, because not everything will go your way. So, just keep at it!

Gheka

hero member

Activity: 1526

Merit: 501

DGbet.fun - Crypto Sportsbook

Quote from: marsmyname on January 10, 2018, 07:18:02 AM

Quote from: aing maung on January 09, 2018, 02:33:29 PM

If you not ready to lose, don't Cut Lose your coin, just Buy Back. Wait until the price rise again

Yes, loss is a normal thing when it comes to trading, but nobody would like to hit a huge loss, not even you or me. I have experienced a huge loss before and I didn’t feel quite good about it, I felt real bad. Well, experience is the best teacher, so since then I’ve been very careful.

If the first time we face big loss, that would be a very bad thing, many people would not accept that, they collapsed and could never stand up again in trading, sometimes some people will seek death, they lose the will and confidence, die with them is the only way. For myself, I was really tired and did not want to do anything after the first time I have been a big loss but I also gradually calm down and recognize the rules of the game, there is no victory forever and also no failure forever, the loss is an integral part of the game, accept and accumulate experience from the loss, success will come back and find us

rgsnedds

member

Activity: 952

Merit: 17

raskul

there is no loss, there is only HODL.

Darmanin

member

Activity: 119

Merit: 10

Glab Trotter

I try to relativize me by saying that it is only money and that I am in good health anyway!

koryu

hero member

Activity: 681

Merit: 507

Quote from: kuronokishi10 on December 09, 2017, 04:52:44 AM

What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

Huge losses dont happen much anymore if you know how to cut the downside risk.

When it did happen in the past, the best thing to do was to move on as quickly as possible and focus on the next step.

In order to win you must first learn how to lose.

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