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Author Topic: How do you deal with loss?  (Read 52255 times)
kunsh
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December 11, 2017, 11:12:14 PM
 #1181

It's not fun when you loose money, no mater which amount Smiley I feel that few times Sad
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Maricel2017
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December 12, 2017, 10:01:46 AM
 #1182

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.
I agree, you really don't have to deal with any loss. It is just a loss, so if you are dealing loss you just accpet it. Loss can give you lesson that you need to learn. So, you really need to deal with a loss you just accept the fact and learn from that loss. Loss is a constant in trading so get used to it.
Yes, in dealing the loss is part of our experience that we can get a lesson. Its a part of growing up when we entering into trading or investment.  In the next level maybe our succes because we learn from our mistake.

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December 12, 2017, 12:04:24 PM
 #1183

Sometimes you should do purging.. Purge after consecutive losses or even wins in a row. This is very helpful to re-strategize your plans and clear your mind. In a way also helps you keep your emotions intact. How to do this? You need to have no trading for certain period of time depends on you. Away from any trades for 3 days or a week.
In all types of game the success player is that who can learn from their loss and never mind their loss because if you can mind your loss then you can lose your confidence and then you will become very weak so in trading also if you can face a lose then you need to accept loss happily and try more for next time to win.
Loss is there whenever you are indulged in any source of income. Like in train and investing and all these, there is profit and surely there is loss attached with them too. You can’t move away from these losses, they are part of the game.

If you have encountered with loss, believe me this is a chance of learning better. You can’t find anything better than a mistake to learn and win.
Soranith
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December 12, 2017, 12:50:50 PM
 #1184

I will forget it immediately and focus on find out the other good coins to trade. The market changes every second, there is no time for the regret. You have to learn control your emotion.
The same here I will move on and just look for another trade so that I can get back the loss I had, losing in trading is just normal and we can easily get it back when we know what we are doing next.
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December 12, 2017, 12:51:43 PM
 #1185

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?


The best thing to do during loss and the thing that I also do is to just simply move on. When you focus to much on the failure it affects how you work and how you deal with things. This can affect the way you trade, and the chances for failure would be the same. So, the best thing to do is learn from the mistakes and move on.
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December 12, 2017, 01:29:08 PM
 #1186

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?


First, you have to live by the golden rule when it comes to trading or investing, only invest or trade what you can afford to lose. Risk is always present and as soon as you absorb and accept that idea, the better you can bounce back from a great loss. After my first significant loss in trading, I was devastated to the point that I wouldn’t even go out of my room! But then I thought to myself, how can recover by stopping? So after a few days I went back and tried again and again.
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December 12, 2017, 03:41:36 PM
 #1187

if I were, I would wait for her to expect the price to go back up because if I sold it I would lose, and if I do not do anything then nothing will change. so essentially this is a difficult choice.
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December 13, 2017, 01:01:54 AM
 #1188

Loss is part of the risk in business or investment. That shouldn't be a reason to forget about it. Add more money into the investment and wait patiently till the time when there will be high rate in exchange and rise in demand.
Agreed! Profit and loss are part of the ones whose lives are associated with investing of money. The thing is you should always hope for the best but at the very same time, you really need to prepare yourself for the worst. This is the only way which can help you in making better decision at the time of loss. You actually need to keep on struggling hard and you need to invest again with better plans.
Win and loss is the part of game and trading is just like a game and it is the best player is that who can manage loss with good impression. My experience is that when I faced any loss then I can find my mistake and can learn from my mistake for future.
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December 13, 2017, 09:14:45 AM
 #1189

Loss and profit are the two parts of same coin.In business its common where one earn profit and the other gains profit so its not a matter to worry it happens in business line.That doesn't mean that you should quiet it and sit ideally,you must have patience and work hard and carefully to gain more profit from the invested one.
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December 13, 2017, 09:21:53 AM
 #1190

Depending on the amount of bitcoin involve! I know one must have done his research before committing high amount of bitcoin into a project. If the bitcoin invested is not much, one can sell and move on otherwise, hold your coin, it will rise eventually.
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December 13, 2017, 09:59:37 AM
 #1191

In my side if i have loss i will keep moving on because if your emotion flow in your loss there will be a much many many loss. But i'm always thinking what i'm loss,well that's life its a part of trading or investing on scam. Just forget about the past in move on atleast you  learn in mistake.
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December 13, 2017, 11:02:54 AM
 #1192

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?

How do I deal with my loses? For me, losing in trading is normal. It is also necessary for us to become a professional trader. We can use the knowledge that we earn when we lose for us to make money in trading.

santieevanz
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December 13, 2017, 01:58:25 PM
 #1193

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?

Losing money out of trading is so disappointing because we spent a lot of effort, time and money in dealing with this process. Based on what I observed in the market, it is better to keep and hold the coins because we will experience pump and dump again and for sure i will sell my coins if the price is too high. I will deal with trading again because it was fun.

birra guzez
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December 13, 2017, 07:22:46 PM
 #1194

Dealing with loss is something that everyone needs to learn how to bare with because it is going be a rather frequent thing in the cryptocurrencies field or in gambling . People should get over what they loss , and also know that whenever they are going to gamble or to pump some money in an investment that they are really happy and convinced of doing it no matter the consequences , else they shouldn't take the risk .
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December 13, 2017, 07:39:09 PM
 #1195

I'm letting myself to focus on the other things that i can get rather than thinking of my losses that i get. I get distracted when i keep on thinking of my losses so need to divert my mind to the future profit that i can have.

sensey
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December 13, 2017, 10:35:19 PM
 #1196

When I losing some ammount of money I go into a bar to get drunk, I know that's not best way to overcome that feeling, but it works quite alright.
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December 13, 2017, 10:43:04 PM
 #1197

I'm letting myself to focus on the other things that i can get rather than thinking of my losses that i get. I get distracted when i keep on thinking of my losses so need to divert my mind to the future profit that i can have.
We also have to think of our loses but we should not always think of it, we think because we want to figure out what are our mistakes and so we can correct and improve our method accordingly. Loses are just part of the journey, and so if we want to have a long journey and we want to be successful, we should learn how to move one and avoid doing the same mistakes again and again.

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December 13, 2017, 11:23:48 PM
 #1198

After a huge loss I go to my girlfriend, she concurrently is my psychologist, and we talk all night long I know there is nothing can heal me better than this.

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December 13, 2017, 11:41:36 PM
 #1199

Having loss I am trying to convince myself that this is not the worst thing that could happen with me, there is always something can be that much worse of that.

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December 13, 2017, 11:50:29 PM
 #1200

I'm letting myself to focus on the other things that i can get rather than thinking of my losses that i get. I get distracted when i keep on thinking of my losses so need to divert my mind to the future profit that i can have.
We also have to think of our loses but we should not always think of it, we think because we want to figure out what are our mistakes and so we can correct and improve our method accordingly. Loses are just part of the journey, and so if we want to have a long journey and we want to be successful, we should learn how to move one and avoid doing the same mistakes again and again.
Always move on and make learnings on your mistakes will really help you out into your long term journey and thinking off that these mistakes will really help you to become a better trader sooner or later depending on how you do treat them.Dont easily got pissed or discourage because it is always been part of learning process which loses or mistakes are really a normal thing.This is why we should really know how to deal with it and do control off our emotions to avoid such unexpected negative results either on our emotions that would affect our trading habits.

R


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