Loss almost 40%, should stop trading or not ?

[Just_Jinn]

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

You have to chill, buy and forget about it for at least a week. Day trading is just as profitable as holding for the long shot. Also, are you trading to get fiat or to own more Crypto?

[cluit]

it depends on what situation. I once suffered loss more than 50% but after holding for 1 week, everything was back to normal and I even earned some profit from holding that altcoins. If your altcoins are potential, keep holdnig it. The price will surely when back to normal. And even if you are holding shit coin, dont worry, whales will soon come in and pump the coin within a day

- Yeah, if we hold the potential altcoin, the whale will pump the price back, the most important thing is that we need to keep calm when prices fall sharply, do not panic when we are in this situation, think it is very normal. If we hold the garbage altcoin, I think we should cut losses immediately, 40% or 50% of the account is not a big problem, we will soon recover if we have accurate predictions. Losing is one thing we often face in trading, we do not need sad or depressed because of that, anyone will make mistakes, stop is that we are forever lost but continue, we still have a chance of recovery

No need to go for panic selling, but again if there won't be a panic selling. The prices will keep on decreasing the way they are now... :p
This is what most of big whales want from us. However, I won't get trolled by anyone and holding my bitcoins tightly. Nobody can snatch them from me.

[jagdeepjd]

trading is a game/business of patience if you dnt have patience then stop trading and move on . in trading you dont loose until you sell at loss. so i would suggest invest in good coins after researching and keep holding them with a mid to long term perspective.

[babygun]

trading is a game, you win some, you lose some. Important is that you only trade with money you can miss and that you block your emotions when trading otherwise you can stupid things.
Keep reading and following experienced traders, eventually you will get better 

[Trela]

it depends on what situation. I once suffered loss more than 50% but after holding for 1 week, everything was back to normal and I even earned some profit from holding that altcoins. If your altcoins are potential, keep holdnig it. The price will surely when back to normal. And even if you are holding shit coin, dont worry, whales will soon come in and pump the coin within a day

- Yeah, if we hold the potential altcoin, the whale will pump the price back, the most important thing is that we need to keep calm when prices fall sharply, do not panic when we are in this situation, think it is very normal. If we hold the garbage altcoin, I think we should cut losses immediately, 40% or 50% of the account is not a big problem, we will soon recover if we have accurate predictions. Losing is one thing we often face in trading, we do not need sad or depressed because of that, anyone will make mistakes, stop is that we are forever lost but continue, we still have a chance of recovery

No need to go for panic selling, but again if there won't be a panic selling. The prices will keep on decreasing the way they are now... :p
This is what most of big whales want from us. However, I won't get trolled by anyone and holding my bitcoins tightly. Nobody can snatch them from me.

Ok, you can do that if you have bravery hold your Bitcoin til the price of it fall down to lowest price. For me, I will accept my wrong and cut loss when the price of it drop to my stop-loss point. Then, I will buy again if Bitcoin can drop to lowest price for buy more amount than past time

[sebastianpenguen]

it depends on what situation. I once suffered loss more than 50% but after holding for 1 week, everything was back to normal and I even earned some profit from holding that altcoins. If your altcoins are potential, keep holdnig it. The price will surely when back to normal. And even if you are holding shit coin, dont worry, whales will soon come in and pump the coin within a day

- Yeah, if we hold the potential altcoin, the whale will pump the price back, the most important thing is that we need to keep calm when prices fall sharply, do not panic when we are in this situation, think it is very normal. If we hold the garbage altcoin, I think we should cut losses immediately, 40% or 50% of the account is not a big problem, we will soon recover if we have accurate predictions. Losing is one thing we often face in trading, we do not need sad or depressed because of that, anyone will make mistakes, stop is that we are forever lost but continue, we still have a chance of recovery

No need to go for panic selling, but again if there won't be a panic selling. The prices will keep on decreasing the way they are now... :p
This is what most of big whales want from us. However, I won't get trolled by anyone and holding my bitcoins tightly. Nobody can snatch them from me.

Ok, you can do that if you have bravery hold your Bitcoin til the price of it fall down to lowest price. For me, I will accept my wrong and cut loss when the price of it drop to my stop-loss point. Then, I will buy again if Bitcoin can drop to lowest price for buy more amount than past time

Oh I never cut my loss in this positions. I alway place stop loss orders, if I didn't place this order mistakenly, I hold it unless I get rid of the loss. Before it, I can't sell it with huge loss.

[Aspire68]

Continue trading play on or invest small amount at first and losing is always a part of our life ,that will be our fuel to learn and to be a better trader .If you lose all of 40% don't quit keep striving but if you lose more than 100% think for it if you can afford again and try . It all depends if you can adjust yourself with that amounts so you can recover .

[Diggorry]

I think you should be more cautious at every turn and remember to place a stop loss, which will help you avoid big losses, beyond control.

[liseff3]

Suffered a loss? ... Early trading, actually is a natural thing happened, not you alone.
Maybe at that time you don`t have the experience, you don`t understand the analysis, fluctuations that occur in the market, which ultimately affects your emotions. But, your real loss is if you stop. Remember, now you are a person who is experienced in trading, don`t give up following some master directives this forum, I`m sure they can give the right way to succeed on the bitcoin stage.

[Aaroenz0r]

lol, my advise is selling all your altcoins and buy Bitcoin immediately. One second delay will cost you a dollar. 

[Jombitt]

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

If you will continue not to control your emotions it will be better for you to stop trading now to prevent another huge loss. Losing of patience is not a good characteristic of a good trader. Learn from your experience and change your attitude in trading. Start again from trading a small amount of coins and if you think you can handle now your emotion.

[BivxiuDavi]

I lost 30% with OMG. What should i do now any advise ?

[Fishmaster23]

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

Judging by the trend, of course it is necessary to stop, otherwise it will be worse and worse each time. But after all, you already have anger, and you want at least to get out. Therefore, I advise you to try for the last time, as they say all or nothing.

[Thanasis]

I lost 30% with OMG. What should i do now any advise ?

It's okay you can recover your lost amount easily by concentrating on your trades.You need to trade with bitcoin is the best because the price of the bitcoin is now keeps increasing so it will give good profit.Target and stop when starting a trade: For each trade we must set a clear target level for taking profit and more importantly, a stop-loss level for cutting losses. A Stop-loss is setting the level of loss where the trade will get closed. To be a profitable trader, you never look for the peak of the movement. You look for the small profits that will accumulate into a big one.

[Questat]

I lost 30% with OMG. What should i do now any advise ?

You won't loss money if you will not sell now, bitcoin is on pump so it's expected that altcoins will fall.
Just relax and trust on your decision, this pump will be over soon and we will see our altcoins back in action again, patience is the key so let's have it.

[Fear]

I lost 30% with OMG. What should i do now any advise ?

You won't loss money if you will not sell now, bitcoin is on pump so it's expected that altcoins will fall.
Just relax and trust on your decision, this pump will be over soon and we will see our altcoins back in action again, patience is the key so let's have it.

What happens if the price continues to fall down 40% or 50%? If I were you, I will cut loss and invest in Bitcoin. I'm sure that it will go up.

[innocent93]

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

Keep calm and lecture more about trading. Make transactions with a small amount of money till you start getting some profits and after that the world will have a different color.

[Rebisco]

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

Trading is really a hard job, Many people loses their money to the trading. I know that losing is part of being a trader. My advise for you is do not stop trading. Making a mistake is part of becoming a good trader.

[Gheka]

I lost 30% with OMG. What should i do now any advise ?

You won't loss money if you will not sell now, bitcoin is on pump so it's expected that altcoins will fall.
Just relax and trust on your decision, this pump will be over soon and we will see our altcoins back in action again, patience is the key so let's have it.

What happens if the price continues to fall down 40% or 50%? If I were you, I will cut loss and invest in Bitcoin. I'm sure that it will go up.

Well, I thought you had decided too hastily, if it continued to decline to 40% or 50%, we should analyze why it fell, if it decreases only because the bad news and rumors not true, or because the whales want to accumulate and make prices fall, we should continue to wait and hold, should not cut losses. However, if that is real news and it affects the future of the coin you are investing in, cutting loss is a good way to minimize damage. We should calm down and analyze every situation before making the final decision, do not let emotions influence and make hasty decisions

[butrsukumpanumet]

I think you should stop trading, losing 40% and thinking about stop already improving that you're not fit with trading. So i think you should stop to keep your assets to do something else that you can make profit from it.