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Author Topic: you need to overcome your fear of losing money  (Read 52909 times)
kamote291993
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February 07, 2018, 04:35:23 AM
 #1261

You are absolutely right
But the general majority of the people investing in bitcoin do not have problems with this
They chose bitcoin which is already a risky investment and are not afraid of risk.
They should learn the importance of not losing money

OriginTrain
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February 07, 2018, 04:41:37 AM
 #1262

An important thing many investors in crypto don't realize is that they haven't actualized any losses until they cash out. The tokens or BTC you have in your portfolio are the same whatever the price is, and this price changes drastically month to month as we all know. Therefore, don't think each day that you've "lost" or "gained" money, since neither have happened until you cash out. And if you're afraid to cash out at a loss, then don't sell at a loss. Simple.
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February 07, 2018, 04:41:45 AM
 #1263

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
All of successful traders and investors have the characteristic of risk taker. They are always positive so they don't have fear to lose their money. We should become a risk taker for us to overcome our fear of losing money.
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February 07, 2018, 06:59:28 AM
 #1264

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
All of successful traders and investors have the characteristic of risk taker. They are always positive so they don't have fear to lose their money. We should become a risk taker for us to overcome our fear of losing money.
That's right, if we won't risk we will not see our money grow.
I think it's normal as an investor or a trader and if you are afraid of taking risk then you just have to play safe and never
be in the crypto world as there is no room for no risk takers here. You want to make money or even make a fortune, then you need to have the balls to take this high risk venture.

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February 07, 2018, 07:05:39 AM
 #1265

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
All of successful traders and investors have the characteristic of risk taker. They are always positive so they don't have fear to lose their money. We should become a risk taker for us to overcome our fear of losing money.

Risk taking is a ability which is compensated by the reward. Higher the risk chances are better would be reward though it is not compulsory. Yes you need to have a risk taking ability when you are trading, investing etc and in bitcoin and other currencies chances of losing is higher due to its volatility and the country banning this currencies.

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February 07, 2018, 09:09:13 AM
 #1266

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
All of successful traders and investors have the characteristic of risk taker. They are always positive so they don't have fear to lose their money. We should become a risk taker for us to overcome our fear of losing money.

Risk taking is a ability which is compensated by the reward. Higher the risk chances are better would be reward though it is not compulsory. Yes you need to have a risk taking ability when you are trading, investing etc and in bitcoin and other currencies chances of losing is higher due to its volatility and the country banning this currencies.

But you need to really calculate the risk in order to make a good decision, there is a higher risk when you do not study what you are doing.
Trading is profitable if you are good in trading because anytime you can trade and you can make money, but if you are not, of course you can easily lose money.

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February 09, 2018, 06:11:13 PM
 #1267

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Just like our nature fear, the fear keeps us away from the threats and so they keep us safe. But the fear in trading is not good, you need to believe in yourself and continue to trade. Only buy trading a lot can you earn experiences in trading so that you can be a good trader. By the way, there's one thing that's similar to the nature fear that is the fear keeps you far away from losing and you will do anything needed to cover your balance.

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February 09, 2018, 07:07:49 PM
 #1268

The trader does not just trade, he manages the risks. If you have correctly drawn up a trading plan, decided when to buy and sell, conducted a technical analysis, trade on large stock exchanges, then losses will be rare and minimal
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February 09, 2018, 11:09:20 PM
 #1269

Well you will not be a professional trader if you will not experience to be lose in trading because people who are experience of losing is one of the kind of study that you will learn that if you lose and then you will not do it again and learn to stop your own method and do other method to be successful in some ways., trading is not the same risk in gambling depends if you can choose what altcoin is safe..
We could always think that experience is the best teacher that could teach us to deal with the right and better decision as a whole. And if we always have tear and would hesitate on the opportunity Bitcoin give us , we may also wasted this opportunity. It could be better to learn and to step by step educate ourselves with the information about the system of Bitcoin on tranaactions that in the future could give us a chance to earn and to gain profit.

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February 10, 2018, 04:23:40 PM
 #1270

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
That's true losing is a part of successfully trading even professional traders loses money in trading they're not always winninng, Bitcoin trading is like gambling you need to take the risk before entering this game it is normal to traders to lose sometimes but not always it's good that you see your portfolio that you have more wins than loses and that is very inspirational.
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February 10, 2018, 05:02:39 PM
 #1271

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I think the psychology of trade is a very important thing. If you can not plan, define your path, you will easily lose. You will again have problems with financial matters and capital allocation. You should learn and participate in psychological classes when dealing to always be psychologically ready to face market fluctuations, not afraid of fear.
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February 11, 2018, 03:13:02 AM
 #1272

It is necessary to trade only on those money which it is not a pity to lose.If the money that you have deposited on your deposit is too expensive for you, the fear of losing them will never go away. It is better to start with the lowest possible amount, which means nothing to you (or at least its loss is not critical for you). And gradually increase the deposit taking into account your psychological resistance to the number of zeros on the account.
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February 11, 2018, 05:42:18 AM
 #1273

Even how experienced and good trader you are you will eventually loss in some of your investment because we cannot predict what and how market reacts though chart and other trading signals are very useful in determining market trend but sometimes it fails also. losing in some of your investment help you to become a more better trader overtime.

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February 11, 2018, 11:26:47 AM
 #1274

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I think the psychology of trade is a very important thing. If you can not plan, define your path, you will easily lose. You will again have problems with financial matters and capital allocation. You should learn and participate in psychological classes when dealing to always be psychologically ready to face market fluctuations, not afraid of fear.
You do not need to learn this knowledge from anyone, it is the basic skill for the life. You can not understand your emotion, you will be loss. It is very simple. You just need to find the reason make you worry, feel bad about which coin you invested ..., then, find the solution to solve that issue.

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February 11, 2018, 12:50:03 PM
 #1275

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I think that's false . A trader will do his best to not lose and study and do everything in his power to minimize his losses if there are any. Not just sit there and take a beating while saying losing is part of trading . Yes losing is part of trading but that dosn't necesserly mean you can't do anything about it . Losing is still losing and it sucks ,even if you might learn from it . It's better to learn how to act when you start losing and be fearful of it , If you are fealess of losing you will never see gains . Fear could be a motivation if you learn how to use it in a positive way and in your best intresst.
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February 12, 2018, 04:31:09 PM
 #1276

Investment is for risk takers, you should take the risk to earned money; in order to obtain the good life in future that you are dreaming for.
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February 12, 2018, 04:37:44 PM
 #1277

Honestly I think it's better to think of crypto money as "chips" like when you play poker. If you start thinking in terms of how crypto is just straight money that you can use to buy dinner or something, it will probably make you too scared to pull off any trades that may be very profitable in the long run.

Obviously, don't invest more than what you can lose. But with the money you do invest, don't be so scared of losing money. Everyone loses money trading at one time or another.

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February 13, 2018, 02:15:44 AM
 #1278

There is no doubt that losses are not the most pleasurable experience in a trader's career, but they are indispensable for the construction and acquisition of the most valuable knowledge that can be acquired: that of own experience.  However it will never be financially or emotionally convenient to get accustomed to just learning from trial and error.
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February 13, 2018, 04:44:26 AM
 #1279

There is no doubt that losses are not the most pleasurable experience in a trader's career, but they are indispensable for the construction and acquisition of the most valuable knowledge that can be acquired: that of own experience.  However it will never be financially or emotionally convenient to get accustomed to just learning from trial and error.
Losing money in trading, gambling is quite natural at the same time winning also, but if we have that fear of loss in our mind then chances of winning will be less that creates a negative impact. Need to have a positive mindset when we are in the trading field that allows us to think in a different way.

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February 13, 2018, 04:52:23 AM
 #1280

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.
It really sounds like some philosophy, but just put yourself on the place of those people who invest in bitcoin by 19000$ in December. i don't doubt their heads gone just crazy when the price dropped to 6000$ in a few time. They must be drinking chilling pills all this days.
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