beezare
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February 21, 2018, 01:12:23 PM |
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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?
Maybe I will stop for a while, I will control my emotions to be more calm then try to get back up by not repeating mistakes again.
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bitcoinFPT
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February 21, 2018, 02:17:57 PM |
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As I think every trader anticipates the worst possible scenario, they have a rational investment plan that allocates investment, should not focus on one kind of coin and should not focus on one. An investment that has a guarantee of its life if a failure occurs. In general you have to live and have food if you lose everything and remember to take the phrase "have the liver to get rich"
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Jombrangs
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February 24, 2018, 04:51:16 AM |
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Loss is the thing that you cannot avoid since it is part of the process. I deal with it serve as a motivation to pursue harder in order to not make it happen again; it serves a great lesson for me in my decision.
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Matrond
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February 24, 2018, 04:56:03 AM |
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I typically leave my computer for a little while to clear my mind up. Then I attempt to evaluate what happened and to determine whether it seems like the price drop will be permanent or temporary. If it appears permanent, I re-evaluate what I should use with the remaining value in order to try and make a profit.
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RockHenki
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February 24, 2018, 05:16:33 AM |
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Loss is something you can not avoid because it's part of the process, but every business person has to anticipate the worst and plan for a reasonable allocation of your investment. The bad thing happens, you should control your emotions and calm down, then try to rebuild the thoughtful plan to avoid repeating the mistakes again.
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cryptobull3
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February 24, 2018, 08:39:35 AM |
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it is depressing , spatially if you got bunch of shitcoins in your pocket and price of bitcoin starts dumping! i figured having altcoin is riskier than keeping bitcoin , now if i want to keep myself out of fluctuations of market , i change my bitcoin into usdt , less headache!
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Rubick99
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If Someone bought some coin and then that price goes down, this is not lost while we not sell it. So, if you want to profit or get no lost in this condition, you can buy back at the deep and calculate it to know the price that you can get Break Even Point. That is my way to get low/minimum risk when trading.
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crisanto01
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February 24, 2018, 10:31:32 AM |
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If Someone bought some coin and then that price goes down, this is not lost while we not sell it. So, if you want to profit or get no lost in this condition, you can buy back at the deep and calculate it to know the price that you can get Break Even Point. That is my way to get low/minimum risk when trading.
I don't feel wasted whenever I loss from any trading as I am always thinking that it is not the end and I can always regain the amount that I have lost from that transaction. in short whatever happens I am still positive in any way.
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Grimjhow
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February 24, 2018, 06:43:26 PM |
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Before invest we should set money management.. how much profit targets and how much losses are able to receive ... to deal with losses is to recover the loss with the remaining capital next day
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sallee2
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February 24, 2018, 07:09:04 PM |
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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 firmly believe that with the start of any market participants have to suffer damage and loss. Facing such a situation, you need to calm down, monitor the market, and come up with a solution. It can be seen that planning carefully from the beginning of the trade is extremely important and necessary, and it will keep you from being surprised and confused before all situations occur.
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Md.Sufian
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February 24, 2018, 07:22:44 PM |
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I don't really mind if I loss in this business because over thinking loss i just gonna make me depressed and we all know that belong depressed is a bad thing. And besides if we let our emotions drive us, it will just lead us into a bad decision and if we made a bad decision it might ruined our business because thinking wisely is a big strategy in this business.
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Semosuchi Tesongrato
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Rasputin Party Mansion
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February 24, 2018, 09:38:57 PM |
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Of course, nobody likes to have losses, but they are a normal part of the activity of a trader, so you need to learn how to face them. The real secret - from a psychological point of view - is to focus on the global result, and to consider what happens in the moment just temporary. So, even if you have a big loss, don't enter in panic, and take it just as a momentary episode.
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Rubick99
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February 25, 2018, 07:59:48 AM |
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If Someone bought some coin and then that price goes down, this is not lost while we not sell it. So, if you want to profit or get no lost in this condition, you can buy back at the deep and calculate it to know the price that you can get Break Even Point. That is my way to get low/minimum risk when trading. I don't feel wasted whenever I loss from any trading as I am always thinking that it is not the end and I can always regain the amount that I have lost from that transaction. in short whatever happens I am still positive in any way. That's good, you know the risk when trading. This is the most important thing if someone wants to trade their money, they must ready for the risk
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travelgear17
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February 25, 2018, 08:14:03 AM |
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Firstly I am going to deal with lifestyle. I expect that most people who are reading this already have a job, therefore if you are going to day trade Crypto, then you are either going to do this while at work, hiding in the toilets or under your desk or you are going to be doing this in the evenings and on the weekends.
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tikong
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February 25, 2018, 08:24:37 AM |
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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.
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leath08
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February 25, 2018, 08:40:50 AM |
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Well you shouldn't be investing a amount that you are not willing to lose.
Crypto is very volatile, be safe and invest amount you are comfortable with.
A few years ago i invested £9000 into Sunedison one of the biggest solar companies in the world, they went bankrupt and i lost everything, i invested without any research just from a friends advice.
It was a bitter pill to swallow, but you just put it down as learning curve, there will always be ups and downs in investment.
You got to expect the good and the bad, if you can't deal with losing you need to stop investing.
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anitaraymonds
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February 25, 2018, 09:07:33 AM |
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If you are well trained in any online trading you must have known that it advisable to trade with only what you can afford to lose. Once you have that mindset then and always applying it then handling loses will not be a problem.
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rhodelmabanal
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February 25, 2018, 09:41:22 AM |
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We live in a gambling world we loss we have victory, it is a great action in our life. I could or we could deal it with simple cataphrase never give up I even know that it is a world that comes up to my mind. You neef to stop trading if you want or stop investing because it is abad ideas for newbies. Go to some friends and have and advices or read on this replies to learn more.
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Makrochain
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February 25, 2018, 09:53:05 AM |
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In investing, it's either earn or lose so you should be ready. Honestly, I invested in an alt coin before, the price goes down and up, so I did think of it as a normal scenario. One time the price went down again and I thought it would go up back but unfortunately, it didn't due to the broken block chain. Of course I felt sad and sorry at first, but I accept the fact that it was gone. I just go with the flow and focus on other investment.
I have often been bought at high prices and sold at low prices when I did not bear the pressure of falling and greed when raising prices. It can be seen that the market in recent days is constantly fluctuating and difficult to guess, Can you help me solve this problem? I lost 30% of my assets in the ADA.
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alexanderisora
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February 25, 2018, 09:56:10 AM |
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Losses are an integral part of trading. Deal with it and never get upset when you lose money. I know zero traders who are always in profit ¯\_(ツ)_/¯
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