1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
July 13, 2017, 06:43:12 AM |
|
I hate this dump , I lost almost my half money from my altcoin invest, I don't have any way to get profit from this except prices will gain again. I not withdraw my altcoin I am just waiting and waiting
Whether it's with altcoins or with Bitcoin, if the price happens to go down significantly (or ar any other amount), you don't actually lose anything if you don't sell your coins at a loss. In the same way, you don't gain anything if the price happens to go up, and you don't sell your coins above the price you bought them at. Problem with altcoins in recent days is that the majority of them are pumped up badly, and thus significantly increases the chances of these coins to go down in value hard. I am actually glad there is at least someone that isn't dumping his coins out of blind panic. May I know what coins you bought that went down badly?
|
|
|
|
Idrisu
|
|
July 13, 2017, 07:06:56 AM |
|
Thought loses is part of a successful trade you I do study the chart and do research to find out why an Asset is fell in price intead of appreciating? If I find out from the chart that the strongest support level has been broken and macd is showing high volume I need no body to tell me that there is a dump and the only option for me is to sell at loss.
|
|
|
|
wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
|
|
July 13, 2017, 08:03:08 AM |
|
Losses is part of trading, there is no perfect trading strategy it is the trader that will set his stop loss to a small fraction of his investment. 2% or 3% of the total investment. A good trading plan of risk to reward ratio 1:2 or more will surely be profitable despite some losses, It is always advisable to develop a good trading plan.
Agree, losses also serves as a lesson for traders to be aware and be careful next time or next turn of trading. A good trading plan also includes your target, when and where to get out or exit from your trades, or sometimes you also have back up plans incase what will happen if the price becomes lower than expected. If you want to learn the lessons of trading by using some of our capital, then your lifetime will not be enough to learn all the mistakes of trading along with your capital. Losses will be occurring when we are not good with our technical analysis. Learning lesson from losses will be good but we should be conscious to avoid mistakes and losses. Dealing with losses should be performed with the high level of conscious so that we will not repeat same type of mistake from next time onward
|
|
|
|
dioanna
|
|
July 13, 2017, 08:10:26 AM |
|
you have to set aside emotions when you are in trading when you lose just move on and be positive that you will get enough profit next time enough to cover your loss and put in mind that next time you should be wiser study your coin before trading....
|
|
|
|
thisappointed
|
|
July 13, 2017, 08:28:01 AM |
|
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'm just ignoring it, and thinking that I could get it back into another time, because losing money or bitcoin here in the crypto world is just normal, and you could replenish the money that you have lost since I know that you are earning bitcoin per week or maybe per month, depends on what Signature Campaign you are in. And besides, we couldn't get anything if we are going to think of our loss again and again, but it would be better if we are just going to move on.
|
|
|
|
ChronoLite
Sr. Member
Offline
Activity: 840
Merit: 250
www.guestcrew.com
|
|
July 13, 2017, 08:54:12 AM |
|
I hate this dump , I lost almost my half money from my altcoin invest, I don't have any way to get profit from this except prices will gain again. I not withdraw my altcoin I am just waiting and waiting
Yes me too, because lot of altcoins dumped for more than 30% so if you would like to sell it for cut loss this is not your time because there is still a chance the price recover back. I hope after August 1st, altcoin's price would be back to usual.
|
|
|
|
boyptc
|
|
July 13, 2017, 09:15:46 AM |
|
I'm dealing loss very hard, I'm not that type of person that can easily move on. It takes time before I will move forward. But loss is loss and there's nothing I can do but to stand up again and face infront and take time to realize that there's no way that I can do but to keep on trading. But I won't be chasing with my losses.
|
|
|
|
bitllionaire
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 13, 2017, 01:34:17 PM |
|
I'm dealing loss very hard, I'm not that type of person that can easily move on. It takes time before I will move forward. But loss is loss and there's nothing I can do but to stand up again and face infront and take time to realize that there's no way that I can do but to keep on trading. But I won't be chasing with my losses.
i tried my best to reduce my lost. but some time when it is out of my affording limit then it make me really upset, after that i remain upset for a long time and then try to overview all my planning and strategies about trading.
|
|
|
|
magmar
|
|
July 13, 2017, 02:32:17 PM |
|
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.
That's true, you do not want to do some violent reaction if you loss, that's an attitude of a kid. If you loss just deal with is, think what's the reasons why you loss. And you will not loss if you think first before doing something. But it's okay to loss it is a part of our life and with that loss it can make us wiser and smarter the next time.
|
|
|
|
supandi wiharja
Full Member
Offline
Activity: 420
Merit: 101
Earn crypto for being contacted
|
|
July 13, 2017, 03:56:07 PM |
|
It may be difficult for everyone to face it but we have to get up and quickly set it up and start again .. but the original rule is not to invest or trade more and must be able to regulate the emotions of our soul ..
|
|
|
|
knightmairesaint
Sr. Member
Offline
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
|
|
July 13, 2017, 04:25:44 PM |
|
you have to set aside emotions when you are in trading when you lose just move on and be positive that you will get enough profit next time enough to cover your loss and put in mind that next time you should be wiser study your coin before trading....
You are right about that but it is really easier said than done. Controlling emotions is hard when it comes to trading especially if you already know that you are going to lose. Trading is also gambling and it is not a joke, a huge amount of money is on stake, gaining profit is not guaranteed. Traders who are new in the industry make the mistake of not fully understanding what trading is. It will be an advantage and very helpful if he will be studying first and learn the basics before doing trading. Anyways, if you really want to earn through trading, it is just the first step to make, to know what trading is and how it is done.
|
|
|
|
Hamphser
Sr. Member
Offline
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
|
|
July 13, 2017, 04:44:31 PM |
|
you have to set aside emotions when you are in trading when you lose just move on and be positive that you will get enough profit next time enough to cover your loss and put in mind that next time you should be wiser study your coin before trading....
You are right about that but it is really easier said than done. Controlling emotions is hard when it comes to trading especially if you already know that you are going to lose. Trading is also gambling and it is not a joke, a huge amount of money is on stake, gaining profit is not guaranteed. Traders who are new in the industry make the mistake of not fully understanding what trading is. It will be an advantage and very helpful if he will be studying first and learn the basics before doing trading. Anyways, if you really want to earn through trading, it is just the first step to make, to know what trading is and how it is done. This is true, its really an easy thing to say to someone but it would be hard to do specially when you are on this situation you will surely panic or getting upset when you do make losing trades. Its just really a normal thing for us to commit mistakes on trading since we do know theres no perfect do exist on this world and even professionals do really commit the same mistake too but on less way than on those beginners.We should really take it as a stepping stone of become a professional later on.
|
|
|
|
yesiam6
|
|
July 13, 2017, 05:02:50 PM |
|
i post demented wojaks on the 4chan board /biz/ to deal with loss
|
___ __ ______ /__/\ /__/\ /_____/\ \::\_\\ \ \\:::_ \ \ \:. `-\ \ \\:\ \ \ \ \:. _ \ \\:\ \ \ \ \. \`-\ \ \\:\_\ \ \ \__\/ \__\/ \_____\/
|
|
|
el kaka22
Legendary
Offline
Activity: 3668
Merit: 1166
www.Crypto.Games: Multiple coins, multiple games
|
|
July 13, 2017, 05:13:14 PM |
|
accepting loss and learning some lessons from that loss the right way to deal with losses in trading. But some people are not ready to accept losses that is the reason they are finding losing in trading is highly frustrating to them.
I believe they will get practice to losses over time and when they are becoming experienced traders, they can also move easily away from their losses more easily how pro traders are doing.
We should move away from our losses but we should not forget to learn lessons from that losses. When you are giving importance to find out why that loss happened then only you will not do same type of mistake so that you can prevent your losses. When we are preventing losses, we can reduce number of occurrence of losses. All traders should focus on reducing the number of occurrence of losses so that they can find opportunities to protect their capital which must be first and more important step to make profits from trading.
|
|
|
|
lukaexpl
|
|
July 13, 2017, 05:44:52 PM |
|
Kill yourself!
That way only you will know about the losses, you won't burden the world with your sad stories and your failures will die with you!
|
|
|
|
JL421
|
|
July 13, 2017, 07:02:59 PM |
|
I hate this dump , I lost almost my half money from my altcoin invest, I don't have any way to get profit from this except prices will gain again. I not withdraw my altcoin I am just waiting and waiting
You can do anything about this even i made a loss because of this crash i still don't understand why did this even happen and can be the main reason for this dump. I asked few trader friends of mine they told me this is temporary and price will increase soon i just hope what they told me is the truth
|
|
|
|
boyptc
|
|
July 14, 2017, 10:30:29 AM |
|
I'm dealing loss very hard, I'm not that type of person that can easily move on. It takes time before I will move forward. But loss is loss and there's nothing I can do but to stand up again and face infront and take time to realize that there's no way that I can do but to keep on trading. But I won't be chasing with my losses.
i tried my best to reduce my lost. but some time when it is out of my affording limit then it make me really upset, after that i remain upset for a long time and then try to overview all my planning and strategies about trading. My suggestion to you, at first that will be hard. But when time is taking you will be used to it. You just need to understand that there is still another place for recovery and we have to be light and accept the fact that we lost.
|
|
|
|
MiXxe
|
|
July 14, 2017, 12:12:58 PM |
|
I'm dealing loss very hard, I'm not that type of person that can easily move on. It takes time before I will move forward. But loss is loss and there's nothing I can do but to stand up again and face infront and take time to realize that there's no way that I can do but to keep on trading. But I won't be chasing with my losses.
i tried my best to reduce my lost. but some time when it is out of my affording limit then it make me really upset, after that i remain upset for a long time and then try to overview all my planning and strategies about trading. My suggestion to you, at first that will be hard. But when time is taking you will be used to it. You just need to understand that there is still another place for recovery and we have to be light and accept the fact that we lost. Yeah dont focus on the altcoins that let you loss profit. Find some other good altcoins that can recover your loss and you can earn profit. You need to learn and learn the money will cone after that if you dont learn how to manage trading you will only end up holding a coin.
|
|
|
|
naidray
Legendary
Offline
Activity: 1232
Merit: 1029
|
|
July 14, 2017, 02:10:29 PM |
|
If you want to learn the lessons of trading by using some of our capital, then your lifetime will not be enough to learn all the mistakes of trading along with your capital. Losses will be occurring when we are not good with our technical analysis. Learning lesson from losses will be good but we should be conscious to avoid mistakes and losses.
Dealing with losses should be performed with the high level of conscious so that we will not repeat same type of mistake from next time onward
But you should not ignore the losses which might be giving you some fine experience which will not be available anywhere else. That is the reason it should be a more precious lesson for the any trader. I agree dealing with losses should be taken care with a high priority so that we will not repeat same mistakes. But at the same time moving away from the losses also more important because sometimes giving more priority for analysing a losses also lead to mental frustration.
|
|
|
|
Simss
|
|
July 14, 2017, 02:11:56 PM |
|
Many people are handling their losses by way of capital back ups, if you buy an alt coin and get stuck at a high price then we can buy it back at a price far below.
|
|
|
|
|