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Author Topic: How do you deal with loss?  (Read 51473 times)
shamzblueworld
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April 03, 2017, 12:16:12 PM
 #1

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
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I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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April 03, 2017, 12:18:10 PM
 #2

You won't have to deal with any loss if you don't make shitty investments like throwing dice in the first place. Investing in shitcoins has a price. Drink a nice glass of cold water and swallow it with your "lose" pill. It will make you smarter next time.
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April 03, 2017, 12:27:54 PM
 #3

This is why you should not put all eggs in one basket. You diversify, somewhere you win, somewhere you lose. All you have to do is to make sure you get a plus a bit more often. If you put everything on one project and it goes bad, you lose everything. If it goes well, and you keep using same strategy, you will lose everything anyway, it's just a matter of time.

I'm not selling anymore if I'm losing, because if I sell - nothing will change, but there is a chance that something good might happen and I will be able to minimize my losses. But now I'm always prepared to lose everything I put on something, but the chances are better if this is not the only project I am involved in.

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susila_bai
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April 03, 2017, 01:40:48 PM
 #4

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


If you have invested some part of your investment and if the coin is worthy then you can wait for some time or else if the coin has bottom out then you can buy more and average the price and on rise of price when you are in no profit and loss point of time just sell your 50% coin and after next high price sell balance coin.

But if you have invested fully in a shit coin then better come out of it what ever is left and take a break and come back after some time and do research on some good coin and invest it. Other then that you can do nothing else but just to digest the loss which ever happened
italianMiner72
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April 03, 2017, 01:57:41 PM
 #5

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


i think you need to fix a stoploss befor you invest on it!
you need to know, how much you're willing to lose!!!
if you don't fix it before you will do something like this...

"damn.. all are dumping... i already loss 50% of my investment. but tomorrw i know it will rise!!!"
next day
"damn.. my forecast was wrong... i already loss 60% of my investment.. but i know..this can not continue"
next day
"damn damn damn.. i'm loosing money also today... i already loss 70%.. now I can only wait the nearest pump.."

and step by step you get a balance of "ZERO" in your wallet.
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April 03, 2017, 02:03:14 PM
 #6

In investing, it's either earn or lose so you should be ready. Honestly, I invested in an alt coin before, the price goes down and up, so I did think of it as a normal scenario. One time the price went down again and I thought it would go up back but unfortunately, it didn't due to the broken block chain. Of course I felt sad and sorry at first, but I accept the fact that it was gone. I just go with the flow and focus on other investment.
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April 03, 2017, 02:23:09 PM
 #7

For investments in trading I will see the static first and also the demand of the market, if it now has enough good things I will do it and if not then I'll look for another. Please note that the trading in the altcoin are at high risk if not properly perform the analysis. And if my prediction is indeed wrong, then my step is waiting for some time with the hope I can return the BTC although no profit and if some time is not to fruition then I will be forced to sell them rather than lose all of BTC
 

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April 03, 2017, 03:54:27 PM
 #8

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
I will not be going to the outside of the coin if i was thinking that still have a potential.
I will choose for wait the further update, ROUND is a good example for me.


How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
If there is a little chance to the coin get another development progress and I will always be waiting for it anytime. Rather than pull out my money and gain 90% of losing.

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April 03, 2017, 03:59:18 PM
 #9

Well whenever I loss a huge amount of money and got depress by it I would just calm my self by listening to some of my favorite music,
And maybe watch some anime or movies that I really like or maybe play some online games.

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April 03, 2017, 04:05:36 PM
 #10

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


There is no such thing as long term holding that can applied to ALL ALTS in terms of altcoin trading, at least based on my established trading experienced in the whole journey in the crypto world.

So prior to that big crash that will happened in alt, they must know the main risk when doing trades in altcoin trades so that they can have a specific measures on how to deal when there is a situation like that.

It's better to minimize loss rather than to wait for so long which will consume time as other alts when goes down crazy, it will remain for a long period of time.

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April 03, 2017, 05:36:47 PM
 #11

I always do trade with a proper stop loss, I never worried about my losses. If a call hits it target I will make 8% of my capital and if it hits stop loss I will lose only 4% of my capital. So, I just need to make more winning trades than losing trades and never need to worry about losses.

Every trader must have separate plans for dealing with losses otherwise, over time the losses will accumulate to a very big money which may lead to bankruptcy too.


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April 03, 2017, 07:19:51 PM
 #12

No one likes to lose and its not easy to cope with losses but the first rule is not to invest or trade more then you can afford to lose.It's not always easy because the feeling can overflow you and each time you can think now it's my chance, my lifetime opportunity to earn big time but you have to learn how to control emotions and trade rationaly and wisely.

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April 03, 2017, 07:43:26 PM
 #13

It will still all depends in you analysis if you can stay for holding it long term with that altcoin you should check the background first. because if you are investing in the wrong altcoin without analyzing it you can be hurt in the end.. unless if the altcoin has potencial to be grow in the the future..
For those new altcoin in my case i just invest for small amount never invest in large capital except if its already in top rankings..  because those altcoin from the top rankings can be stay for too long..

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April 03, 2017, 07:49:51 PM
 #14

I have invested in some altcoins and now these altcoins are very lower in price and I have lost a good amount in them so now I do not consider it as worth to sell so I just keep them in my exchange wallet and I am waiting that sometimes the price of it may increase and I will get the profit.

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April 03, 2017, 11:26:30 PM
 #15

alcohol  Grin Grin Grin

I'm kidding. You should deal with your loss before it ocures. always have a price level where you get out of the trade. And limit your loss

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April 04, 2017, 02:25:48 AM
 #16

I have invested in some altcoins and now these altcoins are very lower in price and I have lost a good amount in them so now I do not consider it as worth to sell so I just keep them in my exchange wallet and I am waiting that sometimes the price of it may increase and I will get the profit.
Altcoins would really helps you to gain profit wether you want to invest or to trade, specially when you have enough patience to make it grow bigger. However, in the other hand it can also result to lose iif you aren't active or the altcoin you have had failed. Thus, knowledge and perfect timing is the characteristic needed to make money from altcoins.

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April 04, 2017, 02:59:05 AM
 #17

I'm not a good trader, whether it's bitcoin, stocks, postage stamps, or anything else.  I've taken losses in the stock market, and usually if something I've bought is obviously headed for the shitter, I'll sell it.  Nowadays I buy dividend-paying stocks that provide income, and not high-risk tech shit that could easily go to zero.  It's definitely anxiety provoking to take losses, but I try to keep emotion out of it.  Easier said than done, but I try.

With crypto?  Forget it, I gave up on trading altcoins.  Way too unpredictable, and I never wagered huge sums of money.

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April 04, 2017, 04:09:07 AM
 #18

I think the most important thing you need to learn to do is to always put stop loss in your trade, alot could go wrong in a short space of time. I learnt that with Synereo ICO that went from 33ksat to 4ksat, this is important to reduce the loss to barest minimum. Concerning loss it is part of the game just make sure you win more than you lose
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April 04, 2017, 05:17:58 AM
 #19

So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


If you have invested some part of your investment and if the coin is worthy then you can wait for some time or else if the coin has bottom out then you can buy more and average the price and on rise of price when you are in no profit and loss point of time just sell your 50% coin and after next high price sell balance coin.

That is actually a very good strategy, thanks.
And of course to invest all in one project is dumb even if you gain profit from it as said above, its just matter of time when you lose.
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April 04, 2017, 05:25:47 AM
 #20

How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

I'm keeping myself calm all the time because if with the given situation, I don't have choice but to keep on waiting for the price pump.

I don't want to deal with it seriously but when the amount involved is too high, I will find a remedy which is by keep on waiting.

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