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Author Topic: you need to overcome your fear of losing money  (Read 52909 times)
emanbea07
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November 14, 2017, 01:33:48 PM
 #901

 for me in all investment there is a possible lose of money but we can lessen it by doing our job to educate ourselves  on the chosen trading.
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November 14, 2017, 06:15:29 PM
 #902

ICO's dont impact NEO,  NEO is really a decentralized system like ETH
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November 14, 2017, 06:21:32 PM
 #903

Somebody defined fear as an acronyms of this sentence: False Expectation Appearing Real! We all fear something or the other while we trade, the best we can do is to manage this fear and completely eliminate it in some cases by having up to date information about our moves in trading!
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November 17, 2017, 11:03:37 PM
 #904

I began investing into crypto assets some years ago and started only with money I was able to lose. This was the best decision ever in my life. It went up a lot and dumped a lot. During this pumps and dumps I always tried to stay cool. Do not let your emotions control what you want to do.

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entebah
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November 17, 2017, 11:23:47 PM
 #905

Well what I see to this is that the only experienced traders are not afraid of loosing money a newbie is always afraid.
Yes ... traders should understand the risks of trading, and the profit or loss is normal in trading.
then what is needed to trade is mental, and it is not enough just to use a large capital.

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November 18, 2017, 03:19:27 AM
 #906

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like a gambling philosophy, still could not ignore its meaning. One of the basic thumb rule of trading is we cannot prevent losses but we will be able to cut the losses early when it will be very small. Yes, losses also a part of trading.

Agree losses are part of trading and gambling too. Trading is still a business. Profit and loss is inevitable in s business. There woul always be times when you would not have a wide margin spread and sometimes the loss can be profit loss. It doesnt necessarily mean losing money you originally had, sometimes it can mean losing the opportunity of gaining more buy selling higher.

I very much agree though that you should not be afraid to lose money. I used to always say that the price of bitcoin is way too high already to invest in, but now I am eating those words.
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November 18, 2017, 03:22:25 AM
 #907

Yeah, everyone who are trading have the biggest fear is losing money. It will make them become distracting and wrong decided. Overcome it will turn you into the best mood to earn profit.
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November 18, 2017, 04:09:08 AM
 #908

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Most of people have fear to lose money, because its not easy to lose your budget for food and for the needs of my family.But in this kind of job you need to bet your bitcoin to trade or to invest to earn and profit bitcoin.You must have overcome the fear because to have the wealth you long for.You must have the strong feeling that lf you trade your capital will get it back to you with profit,expect that everything comes out to you will get it back 10 times or more You can earn big amount on bitcoin if you hold it first and wait for the higher value of bitcoin.In trading once you overcome the fear you will succeed because you focus on your aim to success.This time I need to be brave in life so that I can get whatever my goal in life now.
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November 18, 2017, 04:35:54 AM
 #909

exactly. this is the essence of investment my friend. the higher the risk, the higher the return. so if you keep on holding back yourself from losing something you wilk never see what its like to be on the path you wanted to be. atleast you try! right? cause when you have all the knowledge and strategies with you... better go for it!

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November 18, 2017, 04:36:57 AM
 #910

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Agreed! Fear is one thing that hinders potential traders to be a successful one. They fear losing something because they always want to get something in return. Risk-taking is a good characteristic that all successful traders had. Everyone has to take some risk and get out of their comfort zone if they want to be successful in trading. Failures in trading will make you a better trader because of the lessons you will learn along the way so don't be afraid of the risk that comes with it.
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November 18, 2017, 05:26:42 AM
 #911

losing money is a natural part of being a trader, because being a trader also means you are also a gambler, because you gamble your resources for something more fitting for you, so if all else fails and you lost your resources or money, just chill and let that be a lesson to you to become a more experienced trader.
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November 18, 2017, 05:40:35 AM
 #912

Yes agree with you whenever you become to overcome your fear you will become a winner.Losing means that you get some experienced from that and in the next step you will get your goals with high achievements.To become professional winner losing is the basic step to it.
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November 18, 2017, 05:41:58 AM
 #913

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That’s the thing about business or any other earning activities. It takes money to make money. So, when one is afraid of losing money then he or she will most likely fail to earn a good price. In order to earn big, we need to gamble.

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November 18, 2017, 06:37:40 AM
 #914

When you invest in something, you need to be ready to face to the risks of your investment. Nothing are safety when it in the market. This investment can make owner become millionaire or broke. Therefore, overcoming the fear is the most important in business, if you really want to invest, this is thing you must to do.
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November 18, 2017, 09:38:50 AM
 #915

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That’s the thing about business or any other earning activities. It takes money to make money. So, when one is afraid of losing money then he or she will most likely fail to earn a good price. In order to earn big, we need to gamble.
The risk of losing is part of your journey therefore you should learn to manage the losing situation so you can minimize your loses and learn lessons from your mistakes. What you are doing is a learning process and you need to be open minded so you can accept your loses and always look for a positive inputs that could help you improve your techniques in trading.

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November 18, 2017, 09:02:19 PM
 #916

start with money you can afford to lose, even if it's only 5-10 dollars, which is the lower limit on most crypto exchanges. Increase size as you see your winning accumulate.

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November 18, 2017, 09:25:21 PM
 #917

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That’s the thing about business or any other earning activities. It takes money to make money. So, when one is afraid of losing money then he or she will most likely fail to earn a good price. In order to earn big, we need to gamble.

That's the fundamental difference really in terms of working or having your money work for you. It is important to understand and appreciate risk but also then be willing and able to accept and adopt risk.

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November 18, 2017, 10:50:43 PM
 #918

start with money you can afford to lose, even if it's only 5-10 dollars, which is the lower limit on most crypto exchanges. Increase size as you see your winning accumulate.
Yes it is important to start from such amount of money that we can easily afford to lose, In fact in very beginning we should start trading with a small amount of money because there are more chances of losing money while we do not have much experience in trading and investment. But when you get a good experience then you can in fact increase the amount of your investment.
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November 19, 2017, 05:44:42 AM
 #919

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That’s the thing about business or any other earning activities. It takes money to make money. So, when one is afraid of losing money then he or she will most likely fail to earn a good price. In order to earn big, we need to gamble.
Trading is the second name of risk if you are a risk taker then you can do trading and if you are not a risk taker then you are unable to do trading. So you need confidence when doing trading then you can make your trade success otherwise if you are fear from losing then it will make impossible to do trading.
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November 19, 2017, 07:58:23 AM
 #920

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

That’s the thing about business or any other earning activities. It takes money to make money. So, when one is afraid of losing money then he or she will most likely fail to earn a good price. In order to earn big, we need to gamble.
I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success. Smiley
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