How do you deal with loss?

[cryptoking1981]

Noobie question to all you professionals.

When you purchase a coin say in an uptrend and set a stop loss at purchase price or slightly below (say 5% below)

Wont that mean your loss will be minimal or even none?

[GoodbyeGang]

For the time being I cannot get any misplaced since i have was from bitcoin culture. But when I imagine that I'm becoming lost, I believe all I have to do would be to hold my bitcoin or any altcoins. However if I'm getting lost for divided time, I think I need to create a much better choice about how I'm able to recover my lost.

[carlisle1]

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?

losses is part of trading,so you dont have to take it seriously with full conviction,imagine crypto trading without losses?when every trade is successful?do you think were still here?posting and dealing with co trader?mistakes is a best teacher for us to learn,and prevent it from happening again.

I remember when i was a kid,it feels like end of my childhood when ever i am defeated by my opponent in all sports that i play.but now after lots of defeat i use it as mechanic for me to be a better person and a fighter..no retreat no surrender mate

[emanbea1234]

accept defeat your loss and That is i know how to cover my loses in trading you need a lot of patience for you to have get a good profit.

[tengek37]

if I suffered a loss in altcoin trading, all I did was hold it and wait for the price to return to normal.
I do not dare to take too risky decisions like buying back the coins.

[Getcoinsite]

Just drinking some water then shout loudly like im the only person in the world..thats how i deal my loss.we know how hard it is to loss when you have almost nothing left.but life must go.trading must continue and just learn from experience

[PointHope]

Just drinking some water then shout loudly like im the only person in the world..thats how i deal my loss.we know how hard it is to loss when you have almost nothing left.but life must go.trading must continue and just learn from experience

Yes simply drinking water is a terricfic way to balance not only one's emotions but overall health.

The Japanese use is water as a healing agent many ways.

The Buddhist monks do mini-fasts everyday, not eating for 18 hours a days, just water.

And others within those groups maintain that your own water (urine) is the most powerful healing agent of all.

Revolutionary hey, to be your own doctor! Like being your own banker.

Back to loss, if you aren't greedy and don't sell when everyone panics you don't lose.
That is if the coin you bought is not a forking scam.

[sebastianpenguen]

Just drinking some water then shout loudly like im the only person in the world..thats how i deal my loss.we know how hard it is to loss when you have almost nothing left.but life must go.trading must continue and just learn from experience

I try to control my emotions and not to cry. This helps me a lot!

Profit is not everything, we need to protect our health first. With a strong psychology, we can be more successful in our trading positions. If we lost, we lost, next time we can earn more than we lost.

[GrayFullbuster]

One of my weakness is dealing my loss in trading. It is really hard to accept that I lose my money in trading. It is really hard to move on. If I experience loss in trading, I always saying to myself that "all is well".

[Xember]

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 just simply move on. The thing about losing is it is bound to happen to any game, investments, fight, etc. if we know how compete, invest and gamble we also should know how to lose. When we lose, we ought to know that it’s not the end of everything, and we should stand up and fight again. So, when you lose on your investment, keep trying because not every day is bad.

[redsun114]

Losing in tranding is normal. If you not pro trader, please turn off your computer and go out when coin down. That''s good way to deal with loss.

Profit and loss are quite a normal thing and we actually need to prepare ourselves all the time in order to face any unseen situation. The only way to recover from what all you have lost is not to lose hop and keep on putting in your best.

In case of suffering any kind of loss, you actually need to learn from your past mistakes and you need to plan the things in a better way. Work hard in order to execute your plan well.

[nodelover]

You have to keep waiting. Patience is virtue when it comes to bitcoin trading. Sometimes it is frustrating, but it is proven that bitcoin price keeps coming back.

[fullhdpixel]

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?

Trading is my hobby. I always act normal even I encountered loss. I know that having a loss in trading is normal and I believe that it is a part for me to become a professional trader someday.

This is really a very good approach. If you will get dishearten by suffering any kind of loss, then there is no way that you are going to recover your loss.

The best thing which you can do in order to recover your loss is to keep on trying hard and keep on learning from your past mistakes. You actually need to put in more efforts with better plan in your mind. Do not quit doing trading as this will not help you in anyway.

[PrinceCaspian]

I deal with loss by going out and having some fun to relieve some stress. I don't stress myself more when i get a lot of losses in trading because that will make the situation worse and i will just keep blaming myself so i just go out and eat some delicious food to relax because that is how i calm myself, by delicious food. lol

[changcloy]

what i do when i loss in something is i just relax my self i don't want to over stress with it and there is no other to blame except my self that's life you may loss today but you might win in the next day.

[c-none]

I do concentrate on something else. My physical mentality is much more important than money.

[ausbit]

Trading is different every time we do it. Trading is a game of risk sometime you lose some time you win it.SOmetimes we just lose to think more and more to become more critical thinkers and will be earn more than investment and from trading. Sometimes you need somw techniques or strategy in order to avoid losing.

Exactly! You have to think and plan the things according to the situation. In the world of trading, there are likely chances that you are going to suffer. You need to be well prepared for any kind of circumstances. In case of loss, try to keep yourself calm first.

After that, think and make some solid plan. Execute that plan by putting in enough of efforts and hard work. Learn from your past mistakes and do not repeat them.

[RealPhotoshoper]

I deal with loss by going out and having some fun to relieve some stress. I don't stress myself more when i get a lot of losses in trading because that will make the situation worse and i will just keep blaming myself so i just go out and eat some delicious food to relax because that is how i calm myself, by delicious food. lol

Take a deep breath go hangout for a while and get the fresh air .
Get back when you think you have a new spirit and brilliant brain recovered , it is really hurt to accept any kind losses.
But it could be worse when you make a decision with messed up situation , neutralize it first!

[Biggapp]

I deal with loss by going out and having some fun to relieve some stress. I don't stress myself more when i get a lot of losses in trading because that will make the situation worse and i will just keep blaming myself so i just go out and eat some delicious food to relax because that is how i calm myself, by delicious food. lol

It is not very easy for sure because now the people are using the bitcoin to earn the profit and if you will suffer the lose you will be sad and it will make the profit go low, if you are willing to get the profit and the earning will give you the profit, I hope the future of the bitcoin is increasing in the value and the time of the bitcoin is the time right now so buy the bitcoin and hold for the bitcoin at low price and the huge investment.

[1BTC EQUALS 1CAR]

Because I have many coins, whenever I see some of my coins are falling then I look to those others that are looking pretty good. It helps me to manage my frustration to my other altcoins. It's not problem because one of my altcoins continue to go up.