How do you deal with loss?

[Paycoinzzz]

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.

In my opinion, if you can not keep calm, you should to avoid trading.
This is a job not for people can not keep their emotion, try to trading more just make these people lose more money until they become the poor and lose all money.
However, I do not want to advise you do not try to improve your self, it is also a challenge for your journey.

[sandos]

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

[Kimliyo0107]

 When a feeling of loss happens, learning to cope is essential to be able to bounce back. Getting your bounce back after financial loss may not mean getting your money or assets replaced, but it does mean learning to survive and thrive in the most difficult times.

[nasqar]

If you lose from trading,
Not so many options are available, realizing it is the best.

It is like the storm season now,
Be ready

[syahril]

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

If you learn from the loss means,you will not loss again.Trading is the one of that.In trading,you will loss some dollars mean after some trading you will get that  dollar as a profit itself.You will win once you loss.Failure is the stepping stone of succes.

[hersey27]

When it comes to trading it is normal
For us as a trader to experience some loss

 But you shouldn't let your self be in grief because of it.
We need to learn from our mistake and sum up the necessary
actions to fix it and to avoid the past mistakes that we did.

[suzukiy]

I continue to learn when trading because the trade requires skill in making decisions to buy or sell, and also need a little luck, to overcome the losses I choose another coin that can cover my previous losses.

[crzy]

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

Yeah, learning from mistakes is a good way to move forward. You are not doing trade if you not incur any losses from the very beginning of you trading day. It is risky but you have to deal with it and move on right away, besides your goal is for long term so don't focus on your losses instead focus more on your trading goals.

[gabmen]

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

Yeah, learning from mistakes is a good way to move forward. You are not doing trade if you not incur any losses from the very beginning of you trading day. It is risky but you have to deal with it and move on right away, besides your goal is for long term so don't focus on your losses instead focus more on your trading goals.

Take a breather. Sometimes we get too eager to make up for a loss that instead of getting our losses back, we get more losses. Its a domino effect from then on. So taking your attention away from all that is basically a logical thing to do

[Bessta]

Think of it as a reminder to be careful for the next trading or investment you will have. Don't stop and get despair instead refocus on your goals and learn to plan and strategize for your other trading/investment activities.

[supine]

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?

We have to instill in our minds that whenever we invest, we also gamble because of the fact that there is no assurance whether the investment would fail or be a success. So, loss will just be a stumble rather than falling down. Always, think that it is just one opportunity that is lost, but not all.

[uray]

I continue to learn when trading because the trade requires skill in making decisions to buy or sell, and also need a little luck, to overcome the losses I choose another coin that can cover my previous losses.

Luck is an integral part of trading but knowledge about your investment is also more important,the market is really volatile and if i end up in a loss i would wait for the perfect time to off load the coin or will add more coins until the market recovers.

[cuenzy]

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.

[nethan1btc]

I continue to learn when trading because the trade requires skill in making decisions to buy or sell, and also need a little luck, to overcome the losses I choose another coin that can cover my previous losses.

Luck is an integral part of trading but knowledge about your investment is also more important,the market is really volatile and if i end up in a loss i would wait for the perfect time to off load the coin or will add more coins until the market recovers.

That's right, the same as me, If I am loosing from the investment that I made, I just hold and hope that the coin recovers if it doesn't.I keep holding so that it goes up to the value I bought it for and sell. Losing is part of it. We can't always gain but we can minimize the loses just by controlled our emotion and having patience to wait on their value to pumps soon.

[SirLancelot]

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.

[tb4eva]

In any investment you need to know when to get in and out. It's easier in long term investing b/c you shouldn't care about every single little pip as much, but in short term trading, you really should get knowledgeable about how to read technical charts and how to understand investor psychology. This applies to any asset, including cryptos.

[mejalipat]

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 would not put all the money in just one place I would put in some other place so if I had a loss, I still have investments in other places so I will not lose all my money

[meliodas]

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?

In dealing with loss, we need to keep in mind that every trade is not a success. If we do this, then we are preparing ourselves on the disappointments that might potentially come. The key is to keep on striving and fighting. It is a good idea to do it now, because there not many of us. In the future, it might not be as easy as now.

[khalifa25]

For me i think we will not be able to avoid the loss, because the trade is very risky price in the market quickly change change and not as expected, but when I already buy and its price fall I will sell it for and use the remaining capital and wait the price reaches the lowest point, when it arrives I will buy it and hold it until the price increases again.

[Chooserforcoin]

The decision of when to cut your losses is one of the toughest questions in trading. Generally, some people will tell you never to lose more than ~2% of principle in any trade; however, it's not necessary easy to follow that in practice, especially when trading highly volatile markets.