your mentality after a huge loss? - page 2.

Maximo1

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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 wanna learn more some techniques and strategies in trading ,of course i will not give ,if im ready to take risk again then i would invest because i know the one that im investing is worth it to invest, experience made us wiser and better so keep believing and dont lost hope.

yyui

newbie

Activity: 126

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Of course, you will be disappointed for some time, but I will not give up investment. As a trader, it's normal to lose something when we trade. As long as you seize the opportunity, I believe you will succeed.

cemburu

newbie

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I will pause for a moment to add to learn about trading. I will review my previous mistake which caused the loss.
Once I feel ready with knowledge, and other support, I will try to trade again.
In trading this time I would be more careful that I do not lose anymore.
And trying to minimize losses with better techniques and strategies.

sjdk

newbie

Activity: 80

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First of all, I think you need to adjust your mentality. This is very important. If you can't adjust your mentality, then I suggest you don't invest it again. If you can adjust your mentality in time, then you can summarize Experience continues to try to invest.

brainape

sr. member

Activity: 328

Merit: 250

Quote from: Kunlejoe0 on April 16, 2018, 12:16:54 PM

After loss, I wouldn't keep investing mindlessly. I would first take time to review what has happened and how I have contributed to it knowingly and unknowingly. I would then proceed to investing more intelligently.

It is very comon in trading that wnen a person lose a big amont of money, first he remain as senseless and always thinking about his lost money, but expeirenced trader always find the way now to recover thier lost money and for that they make new strategy and planning which can enable them to recofer their lost they have made in trading.

Anonylz

hero member

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Quote from: Ayush rana on April 16, 2018, 04:37:34 PM

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?

If i suffer a huge loss and if i have some money left i will take risk and try to earn some profit so that j can reduce the gap of my loss.
Lossing in some thing help you to gain some experience and experience matters most. The more experience you gain the perfect you will become, and a good investor never afraid from lossing money.

Most newbies do that, and that is the first way in that they lose meoney.

You should never try to do another trade or something else to try to recover what you have lost before, otherwise, you can easily lose much more.

Ayush rana

full member

Activity: 476

Merit: 103

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?

If i suffer a huge loss and if i have some money left i will take risk and try to earn some profit so that j can reduce the gap of my loss.
Lossing in some thing help you to gain some experience and experience matters most. The more experience you gain the perfect you will become, and a good investor never afraid from lossing money.

twosevenonesix

newbie

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Selling my 10 bitcoin (all my bitcoin) in 2012 for a Diablo 3 beta key.

Spoiler: it sucked.

knightmairesaint

sr. member

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privacy preserving smart contracts and beyond

Quote from: gabmen on April 16, 2018, 11:20:38 AM

Quote from: Xenrise on April 16, 2018, 04:39:39 AM

Losing big amount of money in crypto makes a person really loose his mind and then quit crypto itself. But the real thing in here is YOU DON'T. You do not quit your journey here. After a huge loss, I tend to think hard on how to get back on to it. And for example, I bought bitcoin at 19500, I will hodl it. Until I win. I'll wait for it to moon. This method is applicable on any coins available.

Well most of the time after you lose big, you won't be able to make sound decisions since the effect of that loss would still be heavy on you. It's good that you formulate a bounceback strategy but its better to regain your cool first before diving in again.

I think it is just normal to feel down after losing a huge amount of money. We are all people and we can feel pain and losing money is as painful as losing something dearly in your life especially if you have worked hard and long for it. It is okay to have a "down" time, just make sure that you won't dwell that long with that loss because you must move on from it and accept the fact that it is not easy to beat the volatility of the coins.

Accept the loss, learn from it and get revive by it. Think that whatever and how much you have loss, you can still earn that money back and maybe earn greater or higher than that amount.

nelson4lov

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Quote from: Froloff92 on April 16, 2018, 02:26:58 PM

Life must go on everybody are experiencing a loss and after that a huge loss theres always for moving on. Learning from our mistakes is based on our experience and we can be a better trader on that mistakes.

That's just it. Everyone who trades (not just in the cryptocurrency market) has experienced losses at some point in their trading journey. It's something everyone has to undergo from time to time. Like everyone else, once I'm in an unprofitable trade and I incur losses, I simply sell off and look up for bright days ahead. But In crypto, I just apply the hodl concept If I'm in losses. It's safer that way. Another strategy which I use sometimes is to buy more when It's low to cut my losses.

Huruharacorp

member

Activity: 392

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Quote from: alisafox2017 on December 09, 2017, 06:00:17 AM

Yes, I'll start again earning money with knowledge I have, because crypto-currency are new life, new opportunity and success for every person. If you have big plans for your life, you'll never give up and continue to make all better and better.

I think the knowledge in this world of crypto is knowledge that can make a lot of money. one way is to trade. because in every profit we can turn back into investment assets and it will generate greater profit

Froloff92

member

Activity: 238

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Life must go on everybody are experiencing a loss and after that a huge loss theres always for moving on. Learning from our mistakes is based on our experience and we can be a better trader on that mistakes.

doycku

full member

Activity: 560

Merit: 100

Quote from: Kunlejoe0 on April 16, 2018, 12:16:54 PM

After loss, I wouldn't keep investing mindlessly. I would first take time to review what has happened and how I have contributed to it knowingly and unknowingly. I would then proceed to investing more intelligently.

but how can you make an investment unconsciously? It seems to me that everyone who is friends with their finances, first of all will study the project they like to be confident in the realization of their investments .

Kunlejoe0

full member

Activity: 518

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After loss, I wouldn't keep investing mindlessly. I would first take time to review what has happened and how I have contributed to it knowingly and unknowingly. I would then proceed to investing more intelligently.

mamarried

member

Activity: 260

Merit: 10

It is up to you of course, there is i thing in a world called experience, and it sometimes costs a lot! So, I would advice you to take courage and use your skills again, but more wisely

akukakeh

newbie

Activity: 70

Merit: 0

if I experience it then of course I will be very disappointed but I will not give up, all I have is a deposit of god so whenever he wants then he can take it very quickly

ASHLIUSZ

hero member

Activity: 994

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The huge loss of me happens through gambling. By the time of being into gambling I have a thinking to stop it on experiencing loss. But, I was unable to quit and stay away from gambling. Next the big loss happened through careless in handling the wallets, which were now enhanced with high security features.

Tahir460pk

jr. member

Activity: 308

Merit: 4

very difficult to bear huge lose in front of you when such a market you see big profits,but this a digital market you invest at that time keep one thing after investing that its totally risky maybe your investment not gave you big profit and be ready for both conditions and dont be panic,its always risky,so be ready mentally for all this.

gabmen

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Quote from: Xenrise on April 16, 2018, 04:39:39 AM

Losing big amount of money in crypto makes a person really loose his mind and then quit crypto itself. But the real thing in here is YOU DON'T. You do not quit your journey here. After a huge loss, I tend to think hard on how to get back on to it. And for example, I bought bitcoin at 19500, I will hodl it. Until I win. I'll wait for it to moon. This method is applicable on any coins available.

Well most of the time after you lose big, you won't be able to make sound decisions since the effect of that loss would still be heavy on you. It's good that you formulate a bounceback strategy but its better to regain your cool first before diving in again.

Xenrise

sr. member

Activity: 672

Merit: 251

Losing big amount of money in crypto makes a person really loose his mind and then quit crypto itself. But the real thing in here is YOU DON'T. You do not quit your journey here. After a huge loss, I tend to think hard on how to get back on to it. And for example, I bought bitcoin at 19500, I will hodl it. Until I win. I'll wait for it to moon. This method is applicable on any coins available.

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