your mentality after a huge loss? - page 32.

richardsNY

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Quote from: satria33 on December 11, 2017, 12:52:26 PM

I will keep going to trade, never stop because if we stop after big loss we can not get our money.

Get our money? As in gaining it back after losing? That's how gamblers also think after losing big time -- winning back mentality is nothing but a sign of your weakness. If trading will only result in continuous losses, and that throughout a longer period of time, it obviously means something, and that's you not being suitable to continue your trading practices. If you keep going on with it anyway, you are a danger to yourself, it's simple as that. People should understand and respect their shortcomings instead of forcing themselves to do something that doesn't work out, and will only put them further in the hole.

Best Dreams

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Quote from: BaraxLo on December 11, 2017, 09:01:28 AM

Quote from: baghdatis1990 on December 09, 2017, 12:47:20 PM

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

Every time you lose, you can overcome a failure, setting long-term goals and waiting to touch your dreams.

Failures are so much great if you are making better results out of them. There are some quotes about this and I am quoting one here, “Either you win or you learn”. Mistakes are part of winning, there is no one on this planet earth who is succeeding but don’t learn from his mistakes. Peruse your dreams and don’t get disappointed because that will work as an accelerator in your success race.

It really make disappointment and it broke a heart last year it happen with me and unfortunately last week it happen with one of my friend and he sell bitcoin without checking the price of it and in that dealing he loss a lot of money then it easy very hard for him to come back and for one week he stop he work because he was disturbed with lose so I agree with you that when someone loss a huge amount of money so it’s very hard for him to come back.

komjhq

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Quote from: ?? on ??

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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 know trading is always unpredictable and risky.So I do trading with that amount which I can afford to lose.So I.do trades with small amount so that I can be strong mentally after lose.Again, losing is always painful, no matter how stronger you are.

After huge loss,I do take some break from trading.I go to a long tour or join some late night party.In this case my friends helped me a lot.

Anyway, any investment is always risky.And It does need some luck also to be succeeded.We can't do whatever we like always.This is a truth and we have to consider this anyhow.

earning on a crypto currency is always a risk, because today the price is one, and tomorrow 2. Therefore, investment is risky earnings, if you do not have enough good information.

satria33

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I will keep going to trade, never stop because if we stop after big loss we can not get our money.

coinsontheroad

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I took a hit on Saturday. Thankfully, I'm good at managing my emotions. When this happens, I make it a point to review my trades and find and learn from the mistakes I made. Use losses and mistakes as learning tools and you will earn more in the long run.

olazet1993

newbie

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Quote from: pjhom on December 11, 2017, 10:43:25 AM

I take a break - step back and look at what happened. I will typically try and talk through with someone what happened so I can see if it makes sense or not.

I think you should take a long break to calm you all down than just short break.

shinchan123

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

Losing money is a normal part of trading, hence the saying only invest/trade what you can afford to lose. After my first significant loss, I didn’t know what to do for I lost 90% of my investment. But then again, quitting should never be an option, I took a rest for a week and I was back at it again. Best tip is to learn from your mistakes and never get tired of researching/learning before taking actions.

pjhom

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I take a break - step back and look at what happened. I will typically try and talk through with someone what happened so I can see if it makes sense or not.

Hazaki

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Quote from: 7daystodie on December 09, 2017, 07:36:30 AM

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

Everything depends on the character of the person, many I think, will want to analyze their actions and all the miscalculations and already make a completely different scenario. And others would simply find a replacement with less risk.

It especially depend on the circumstances of that person and whether he can afford to loose that money or not , because for some people it is very hard to recover from a huge loss not just mentally , but also financially especially people who are new to the field and that have invested money that is necessary to satisfy their basic life needs so they are getting a loan or borrowing from someone to cover their losses which might not be beneficial or encouraging as a 1st experience for somebody who just started his business .

If it's up to me i'll certainly try to win back the money because there's always alternative solutions and many good projects that just lack people to believe in them and give them the needed support to succeed .

Sale_man

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Huge losses aren't really a thing for me since i have never made a huge investment in any project or altcoin because i can't simply take that risk . People often risk money that they can't afford loosing and that's a huge mistake especially if you are still in the beginning of your trading career . Even tho i know that my small investment won't get me as much profit as i'm seeking but i think that over time i'll be able to go all in with the sum of all those "little profits" .

kamudd

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

the first time I suffered a big loss I felt so desperate, I lost 60% of the funds I had because of a mistake in doing hold. but right now I am starting to ventured back into the trade thanks to the support of my friends. hopefully that bad thing will never happen again.

anavir

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at first of course you will be devastated...hurt and discourage but after all that painful feelinh i will and i have to stand and do all means to recover my losses

RealPhotoshoper

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Quote from: chocolah29 on December 11, 2017, 03:38:17 AM

Quote from: Riddikulo on December 11, 2017, 02:43:26 AM

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

First reaction - I am frustrated and depressed. However very soon I try to do everything to avoid mistakes and trade again.

That's also me and after its sinked to me what happened I move on little by little and take a break from it and just come back when I'm already fine.
While starting all over again and have a positive outlook is a must.

Keep trying and learning about trading until you can completely mastered it .
A huge lost should be your biggest lesson , but yeaaa people usually cannot survive on that kind bad experience.
They choose to stop it immediately rather than looking for another way to make it back profitable.

nagiblem

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Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

My mentallity after a huge loss is i would still hold my coin investment because since i am a long term investor i know my coins would recover and i will earn profit later on.

BaraxLo

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Activity: 910

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Quote from: baghdatis1990 on December 09, 2017, 12:47:20 PM

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

Every time you lose, you can overcome a failure, setting long-term goals and waiting to touch your dreams.

Failures are so much great if you are making better results out of them. There are some quotes about this and I am quoting one here, “Either you win or you learn”. Mistakes are part of winning, there is no one on this planet earth who is succeeding but don’t learn from his mistakes. Peruse your dreams and don’t get disappointed because that will work as an accelerator in your success race.

bitkanu

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Quote from: chocolah29 on December 11, 2017, 03:38:17 AM

Quote from: Riddikulo on December 11, 2017, 02:43:26 AM

Quote from: kuronokishi10 on December 09, 2017, 05:52:44 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?

First reaction - I am frustrated and depressed. However very soon I try to do everything to avoid mistakes and trade again.

That's also me and after its sinked to me what happened I move on little by little and take a break from it and just come back when I'm already fine.
While starting all over again and have a positive outlook is a must.

Sometimes people need few times to rest before going to the battlefield again, same goes with you, it's actually good to keep your mentality and also learning from this experience
by always thinking what you should do if you need to overcome such situation, atleast, you can recover back your thought and keeping up again.

Neerajkumar

newbie

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Its natural that if you gain one day or other you will loose too.Same is with the trading one get profit and the other suffers a heavy loss.That doesn't mean that you should stop trading instead of doing so one must learn the proper pros and corns and then should trade.If same happens with me then i should not stop trading instead will work even more harder to gain the profit.

Faruque312

member

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Merit: 10

Life is full of struggle

I already loss big money before , after lossing i was frustrated. But i did not leave. Now i turned around, i hope i recover my loss. I know life is full of struggle So if we lose then we have to turened around.

ridertiger

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If you lose a lot of money, I just sleep on it and wait, it goes back up! Then you can sell it or something, and goes to bitcoin, the king of all digital assets

bamb

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My mentality about cryptocurrency is what actually matter! Cryptocurrency capitalization is in the hundreds of Billions in Dollar terms! So your loss no matter how big it is will be insignificant. The experience of loss should enable you to earn more profit in this vast cryptocurrency market. Loss is not permarnent and you should resist your mind making it look like it is! You can recover your loss if you buy ALGORY ICO!

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