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Author Topic: you need to overcome your fear of losing money  (Read 52909 times)
Viscore
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April 02, 2018, 10:07:55 AM
 #1321

In theory, everyone agrees that we must master emotions and make rational and logical decisions.
Unfortunately, in the moment of the action, the emotions take the upper hand, and... bye bye logic!
That's the reason you have to practice more and try to face the FUD, loss anytime. You don't have enough brave to face a huge loss if you didn't prepare which thing you should to do in that time. Example me, every day, I tried to imagine the situation I lose all money, then I continue to imagine how I continue to keep my life with this situation. As long as I can still alive, I can continue to working and recover that amount.
FUD can happen anytime to us, but if we know what we are doing we will not being affected to FUD.
Maybe when we are new that is acceptable but as we stay longer here we also need to learn and be more matured to know how to decide especially
when the market is not looking based on our expectation.

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April 02, 2018, 10:48:53 AM
 #1322

In trading you need to overcome any type of emotion. Trading is not at all for emotional people. We shouldn't fear of losing money or become happy after making some profits. We need to be calm and practical in trading.
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April 02, 2018, 02:53:28 PM
 #1323

In trading you need to overcome any type of emotion. Trading is not at all for emotional people. We shouldn't fear of losing money or become happy after making some profits. We need to be calm and practical in trading.

But reality will be harder than what you say or think because fear of losing money is a very scary feeling, we can not calm down in that situation, especially when the market is red, the fear of losing money is clearer than ever. Overcoming the feeling of losing money is something that I think is impossible, we can only try to forget it or look for a way so that we do not need to face it, that may be busy days, as long as we do not have time to think about that fear, the wrong decision will not come and good profits will come to us

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April 02, 2018, 03:04:18 PM
 #1324

In trading you need to overcome any type of emotion. Trading is not at all for emotional people. We shouldn't fear of losing money or become happy after making some profits. We need to be calm and practical in trading.

But reality will be harder than what you say or think because fear of losing money is a very scary feeling, we can not calm down in that situation, especially when the market is red, the fear of losing money is clearer than ever. Overcoming the feeling of losing money is something that I think is impossible, we can only try to forget it or look for a way so that we do not need to face it, that may be busy days, as long as we do not have time to think about that fear, the wrong decision will not come and good profits will come to us

itll only imposible if you think that way. anything can change as long as you are willing and dedicated. all of us can always change our mind sets and we can always overcome our fear if we believe in our selves that we can do it. i was once a scared to invest on bitcoin because of its high volatility but i think that i cant make a profit if i dont take the risk. thats why i now decided to overcome my fear and guess what , im now making a good gains because of it.
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April 02, 2018, 04:02:50 PM
 #1325

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I earned now many money from my investment because I overcome my fear of losing money. When I was beginner here in the cryptocurrency world, I afraid to make investment because I don't have trust to myself but I manage to become brave and make investment with cryptocurrencies.

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April 02, 2018, 04:21:59 PM
 #1326

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
You can't earn money if you are afraid to invest it in bitcoins. You should not worry if you will make investment with bitcoins because bitcoin have potential in the cryptocurrency market. You can ensure that you will earn profit by investing your money in cryptocurrency.

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April 02, 2018, 04:27:11 PM
 #1327

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree with what you say. But not many people see the loss in trading as a motivation for him. For me, people who are afraid to lose are people who do not want to improve. Because all victories always start from defeat.
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April 02, 2018, 04:56:25 PM
 #1328

Trading is a very hard field witch needs intelligence and mistrust. Not only this, but also boldness. If we will still in the fear of losing our money we will never be a financial power in the market and win the big deals. We have to believe in our selves and in our future. And you can not afford to lose, then trade is not your land. As long as you learn from your past experience and lose too much, and then move to each body, you lose your awareness of trading again after you learn, and then start making money on it.
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April 02, 2018, 05:15:24 PM
 #1329

Trading is a very hard field witch needs intelligence and mistrust. Not only this, but also boldness. If we will still in the fear of losing our money we will never be a financial power in the market and win the big deals. We have to believe in our selves and in our future. And you can not afford to lose, then trade is not your land. As long as you learn from your past experience and lose too much, and then move to each body, you lose your awareness of trading again after you learn, and then start making money on it.
That is right, that is why we need to study first the things that we need to learn before putting up some of your money here as an investment because not everyday is a happy day, we also experience red days in the market but it is just a normal, so if want to become successful here you have to embrace it.
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April 03, 2018, 08:26:59 PM
 #1330

In trading you need to overcome any type of emotion. Trading is not at all for emotional people. We shouldn't fear of losing money or become happy after making some profits. We need to be calm and practical in trading.


Even the most practical people cannot be emotionless. Fortunately, I have already understood that big dips are always followed by high jumps, and I do not panic.
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April 03, 2018, 09:51:07 PM
 #1331

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree with what you say. But not many people see the loss in trading as a motivation for him. For me, people who are afraid to lose are people who do not want to improve. Because all victories always start from defeat.


Yeah your right all victories starts from defeat. A lot of people fear  in losing, they are afraid in taking risk. But for me taking risk is always part of our life, if you want something you better work on it. Just like in trading, you may loss or gain on trading but always take the positive side that if you encounter the word loss there is another chance and at least you learn from it.

Well I experience phobia when I was young but after years later I overcome it. Why? Simply because i know who I am, my capabilities, strength and weaknesses. So from that moment I became strong person and always taking positive side.
 
People who are not striving for something better are those  who are afraid in taking risk.



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April 03, 2018, 09:53:11 PM
 #1332

Yes. I think we can overcome the fear of losing money to earn money in the Crypto market. Must have the bravery, take the risk so We will become good business people, Risk takers are experienced people on the market.

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April 03, 2018, 10:04:00 PM
 #1333

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree with what you say. But not many people see the loss in trading as a motivation for him. For me, people who are afraid to lose are people who do not want to improve. Because all victories always start from defeat.


Yeah your right all victories starts from defeat. A lot of people fear  in losing, they are afraid in taking risk. But for me taking risk is always part of our life, if you want something you better work on it. Just like in trading, you may loss or gain on trading but always take the positive side that if you encounter the word loss there is another chance and at least you learn from it.

Well I experience phobia when I was young but after years later I overcome it. Why? Simply because i know who I am, my capabilities, strength and weaknesses. So from that moment I became strong person and always taking positive side.
 
People who are not striving for something better are those  who are afraid in taking risk.
If we do like to progress then we would really need to risk out something because we wont able to develop our selves if we do limit it into a particular things.Playing safe isnt bad to secure profits or any other means but there are really things which you would need to risk out specially on some opportunities that you will saw when making up money or do things which would benefit you the most.

R


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April 04, 2018, 05:09:24 AM
 #1334

Must keep in mind both side some time gain and some time loose but we can minimize the losing money by educate regarding the crypto world and learn to control the emotions and how to overcome the fear.Learn this thing that there is no gain without pain so just show patience and dont take decisions in fear just hold and wait for best moment.

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April 04, 2018, 05:43:20 AM
 #1335



Its easy to overcome fear when you have already millions of USD and that you don't have to worry whether the market has dip because you know its going to be coming back up. But for those who has nothing and yet had the balls to invest what they only got, it will make them panic every time btc falls. If you want to trade without fear, do it in a less price coin like dentacoin or bytecoin.

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otundebis
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April 04, 2018, 05:48:31 AM
 #1336

Yes,  it is not the loss of money that is bad and crippling,  it is the  fear of it that demoralise you and lead you to make costly mistakes.  Once your head is clear and you are not bother with fear,  one tend to make good decision Yhst lead to profit.

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April 04, 2018, 05:54:22 AM
 #1337

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.
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April 04, 2018, 06:22:57 AM
 #1338

You have to overcome fear of loosing your money but you have to equip yourself with knowledge and reliable info. Higher risk higher gain and loss. Otherwise it's no difference to gambling.
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April 04, 2018, 10:26:38 AM
 #1339

I think to become a professional trader you need to know how to control your emotion and need to defeat the fear of losing, usually a professional trader already prepare and speculate everything before they make their decision, sometime because of fear we can make a wrong decision and it can affect our judgement in trading, so to become successful trader we need to overcome our fear and think clearly
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April 04, 2018, 11:23:28 AM
 #1340

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

Yes you need to because in here if you are having a hard time dealing with yourself.it is gonna be a burden to you. Because your business or your job involves a money risking then yet you are afraid to lose money then what will happen to you is you are not gonna succeed because you are not gonna move forward with that having a huge boundary in your way keeping you from taking the risk. So just be patient stay calm and accept if you lose and makes it a lesson
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