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Author Topic: How do you deal with loss?  (Read 52261 times)
Orino Suimuri
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December 19, 2017, 11:08:10 AM
 #1301

Facing loss is much more about psichology than about money.
The real secret is to have a good money reserve and don't invest money you need to live, because - out of the obvious risk to lose anything - you put an enormous pressure on yourself.
The best way it's to consider trading just as a game, and to not think about money.

Absolutely. When I traded in forex I couldn't sleep at night, because it become an obsession.
And when I lost (a lot of time...) it was devastating.
Now, I consider already "gone" the money in trade, and I think I'm playing: much more fun, much less stress and... more gain!

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XaurumGamma
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December 19, 2017, 11:08:25 AM
 #1302

Never sell to loss. If you get stuck with price just wait. If project is good the price will come back.
swsw098222
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December 19, 2017, 11:59:59 AM
 #1303

there is no loss word in cryto trading.as long as price will dump,you need to hold it.its price will be increased soon.just hold the  coin and wait for increase its price.
charlotte04
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December 19, 2017, 12:01:49 PM
 #1304

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 move along and try to cut my losses. It is not the end of the word, I don't also recommend to hold them if they are only shitcoins.
anavir
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December 19, 2017, 01:41:07 PM
 #1305

every individual have different thinking and acceptance...some cant accept ..some will be challenge..as for me base on my own experience ..at first ,it is so hard to accept that the things so important to you had gone..but as days move i came to realized that feeling depress cant help you(thank God i realized it before it's too late)..i stand,move on and think for another business ..thanks God again it worked

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Hypnosis00
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December 19, 2017, 02:04:49 PM
 #1306

I deal with loss by just sleeping, it sounds lazy but that is what I always do when I get some losses from my trade or investment. I just sleep after seeing a loss and after a wake up then my mind is refresh and all set to the default mindset and that is how I deal with every losses and it is effective to get my mindset back to default.
cryptoblue
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December 19, 2017, 02:35:25 PM
 #1307

If you have invested a very large amount of money, then you can wait for it to bounce back. Otherwise, don't wait cut your losses and be happy.

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Creepings
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December 19, 2017, 02:43:00 PM
 #1308

If you have invested a very large amount of money, then you can wait for it to bounce back. Otherwise, don't wait cut your losses and be happy.

Losses are a good lesson for a lot of traders and investors because that way they can learn a lot and make other new ideas that can give them ways of avoiding such mistake. Losses makes an individual stronger, and I did too, whenever I loss. money or something else, I just think what did I do wrong and make that a way to make another good step that will be making me more successful, also, that is a way of gaining experience and knowledge.
AndrewBoltz
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December 20, 2017, 04:30:33 AM
 #1309

Learn from your loss and never repeat the same mistake again. Some of successful traders became successful because they learn from their mistake and do better the next time.
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December 20, 2017, 06:09:17 AM
 #1310

Learn from your loss and never repeat the same mistake again. Some of successful traders became successful because they learn from their mistake and do better the next time.
Exactly, we cannot prevent loses because we are not perfect but we can always improve if we keep on learning from our mistakes every time we make a wrong decision. Trading is a long term journey so you have to consider it as your passion so you will learn to love it and it will make your profitable in return, just be positive because after the tough times, there is a reward waiting for us if we survive it.

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aencarnaci
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December 20, 2017, 06:32:57 AM
 #1311

A steady and brave emotions,broad mind to let go of what is losing, ready to accept and face another challenge to win back is the best sword of dealing with loss. A broader mind and positive thinking will help a gambler face his losses, and good timing is also a good factor
These advices are good but for gamblers, bitcoin is not a gambling. In gambling you are full of ambiguities but in the trade of bitcoin, you are full of risks. In the business terms risks are comparatively good but ambiguities are the worst things.

Study the bitcoin properly, take part in the discussions, read the news about the crypto future (Do your homework) and it is guaranteed that you will not lose in the bitcoin trade. When not loosing then why to worry about that.

Blue Bell
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December 20, 2017, 06:40:30 AM
 #1312

dont need to do anything because the true is you can't do anything. just feel sad and fk up but everything will back normal. then keep working, trading
Agreed! There is nothing good which you can get in return by leaving everything. Once lost money can never be brought back, but you can work hard in the future so that you may be able to recover your loss. You do need to put in the best of your efforts so that you can get something more than what you lost. Moreover, learning from the past mistakes can really help you in making better decisions.
No, if you will conclude like holding some big coins that are being dump hard soon it will cover all your loss. If you limit yourself in not recovering your money in trading then why would you still trade? Isn't it.
First of all I’m playing bitcoin very carefully because I have a very good experience here and I know time and price are every important here if you understand these two things here so believe me you will never lose here because bitcoin always trying to push its users toward profit and in case if I face any lose so then stop to selling bitcoin and keeping them on hold and when I come to know that its price go high then I sell my bitcoins and start to take profit.
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December 20, 2017, 09:46:18 AM
 #1313

Well as a trader one is always bound to face loss at least one or twice in trading, aure you might feel sad and regret certain decisions made that led to your misfortune, but its only with losing can one actually gain! the best way to deal with loss to me will be for you to relax analyse what led to your mistake and work on it, by doing so you not only avoid losing again you also get smarter and better 💪
Shaibana
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December 20, 2017, 10:18:13 AM
 #1314

I will think where is my mistake, take it , learn from it and never get it again.
KEPLER99
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December 20, 2017, 10:43:41 AM
 #1315

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 i loss,only things i can do is go,inside my room and thinking when should i mistake of making my decision,especially in gambling games and after that,when i came up a solution in my mind,  i came out  and changes my moves and strategy and face back again the reality.

If you do it just the same you will hurt yourself better your error correction how you get the loss.
Learning from your mistakes, this is the rule of business and the success. If you don’t try to learn from what you have done wrong, there will be more chances for you to fall. Success only comes to the person who is willing to teach himself about what has been done wrong and how to settle those problems and loopholes. So get yourself mentally okay and ready with learning and good luck.
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December 20, 2017, 10:52:14 AM
 #1316

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?


It is really easy to deal with loss. I think the first thing that we should all do after losing is to learn from our mistake during that trade and why we lost. The second is to of course move on from that situation, because if you keep on thinking about it, it'll be a hindrance. Lastly, just keep on trying until we succeed.

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December 20, 2017, 10:53:47 AM
 #1317

If you're dealing with a loss for the first time, it's never really easy. Well, easier than done, but it's very difficult to accept in reality which is totally normal. What's important is for you not to quit as continuing and being persistent on the same path will only make you stronger.
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December 20, 2017, 01:04:40 PM
 #1318

I will think where is my mistake, take it , learn from it and never get it again.
Well i deal with my loss by working more hard maybe i will work hard x2 on how i work everyday, i will value all the time i have so i can deal with my loss and i can even make or earn more money, and i am dealing with my loss by more being wise on what i do.

Soranith
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December 20, 2017, 01:12:45 PM
 #1319

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?


It is really easy to deal with loss. I think the first thing that we should all do after losing is to learn from our mistake during that trade and why we lost. The second is to of course move on from that situation, because if you keep on thinking about it, it'll be a hindrance. Lastly, just keep on trying until we succeed.
You got it right, we should learn from our mistakes and make it right the next time, we should not always make mistakes, once is enough and we should aim for more success not losses. Once we earned the experience we can surely get to it.
Every loss is a learning experience, if we make our loses as an inspiration to do good the next trade we have then we will be successful someday. Being a trader is a process and its not going to be easy a long the way. Loses will always be there and its up to us if we are determined with what we are doing.
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December 20, 2017, 02:09:48 PM
 #1320

I will think where is my mistake, take it , learn from it and never get it again.
Well i deal with my loss by working more hard maybe i will work hard x2 on how i work everyday, i will value all the time i have so i can deal with my loss and i can even make or earn more money, and i am dealing with my loss by more being wise on what i do.

Well as long as you rake your attention away from the loss. A loss is a loss and it will affect you emotionally sonone of the worst things you can do in trading is to immediately run after your loss. Take time to relax to release the negative effect of it from your system

 
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