rickadone
Legendary
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Activity: 1176
Merit: 1024
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January 05, 2018, 07:00:56 PM |
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I will stop trading for a while to refresh my emotion and earning some for invest again and then try again. Sometimes, we need to lose some to get more
Yes, at least that would calm down some nerves and then when you are done calming down, you may be lucky enough to see some pretty good trade doing the thing for you. The same way one would always make good profit from a trade is the same way one can end up having a huge loss, but they are just some part of trading that makes it normal.
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mayasari
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Activity: 193
Merit: 10
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January 05, 2018, 07:17:26 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
what I will do when losing big, I will strive to restore back my capital with how to play back in the market or altcoin the other, and I will not stop trading
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Cryptophorus Columbus
Newbie
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Activity: 154
Merit: 0
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January 05, 2018, 10:09:13 PM |
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We all have to face with losses, and we need to be ready for this. The real secret is to use "mindfulness": I mean, to complain about losses is completely useless, so the best way to react is to ask yourself two questions: -What can I learn from this experience -What can I do now
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ridertiger
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January 07, 2018, 12:40:41 PM |
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I had a good amount of XRP, but it kept decreasing. So, I decided that I was sick of it, it did not increase for so many months, and it kept dropping while btc kept increasing. You know the rest. I sold all my XRP and converted to BTC which hit 20k first then dropped like crazy. It has been going sideways since. The XRP and ETH I sold increased 15 times and 2 times, respectively. What I did after this was turned off the computer and do nothing. I am not doing any buying and selling anymore, unless I need money or something.
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@Mhaiang
Member
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Activity: 294
Merit: 10
W12 – Blockchain protocol
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January 07, 2018, 12:56:43 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
If i have a big amount of money then i should divide my earnings into two. The first half is for my own saving where i will buy a house and a car then the other half is for my investment in the crypto currency.
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Zackgeno96
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January 07, 2018, 01:06:57 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
It is better to take a break if you are loosing the money continuously or else you might loose whatever money you have. Sometimes luck matters and if things are getting bad then we should stop before its getting worst. So it is advisable to stop playing, avoid the further risk and minimize the loss.
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wantjokull
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January 07, 2018, 01:16:15 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Never change your mind when you loose something up. I mean switching to different ways of earning money is not good thing when you loose at one. You should always have the stability or focus on one thing and this way you can earn the knowledge of right trades and right ways of earning money. If you focus on trading even after you loose the money then also you can keep trying it and then learn which way suits you more. Off course there are many ways using which you can work on the same trade. If you keep doing that then you will come to know about the right method that worked of you. There after you can use the same methodology to earn that grand success. Never loose the hopes really.
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BTG-BTC
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Activity: 89
Merit: 10
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January 07, 2018, 01:35:46 PM |
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At the beginning when I was losing money I was not feeling well, I was a little depressed, then I learned to emotionally detach myself from trading and that money and now it's better.
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cryptojaani
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Activity: 252
Merit: 71
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January 07, 2018, 01:37:51 PM |
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i think if have some patient you can avoid the huge loss. and patient is the one of the most important rules for trade. if you got huge loss don't panic just be patient and keep trading.
Well we can't deny the fact that after experiencing a huge loss we feel traumatic but then again it is not the reason to stop trading or investing or taking a risk. But we should be thankful with this failure because there is something that sink in our mind or a lesson that we learned from it. So if we try to invest again then we will be more careful and apply those learnings.
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CyNotes
Full Member
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Activity: 199
Merit: 100
The All-in-One Cryptocurrency Exchange
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January 07, 2018, 01:45:35 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
I will blow my head and body after suffering losing money. I don't know what to do if my money will lose. I can't recover myself easily, I am getting crazy for thinking too much for the money lose. Maybe I will use this lose as my motivation to earn big money
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Quidat
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January 07, 2018, 01:51:00 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
I will blow my head and body after suffering losing money. I don't know what to do if my money will lose. I can't recover myself easily, I am getting crazy for thinking too much for the money lose. Maybe I will use this lose as my motivation to earn big money Its normal for having those kind of reactions but i would tell you this if you do already losing out your temper and do things when on rage then better not to engage on such thing.If you are really serious then better learn how to control those emotions since loss in trading or any other investment is always there since theres only 2 results which is profits or loss thats why you better ready yourself on these kind of scenarios.
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white.raiden
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January 07, 2018, 01:59:53 PM |
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When I was a newbie in trading every time I have a hug loss I get very upset and just want to give up but then as the day goes by and as I learn how to trade I managed to overcome that. Now whenever I have failed trade I make it as a inspiration to do better again and of course in my next trade I make sure to make profit more than what I loss.
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LordCarps
Newbie
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Activity: 13
Merit: 0
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January 07, 2018, 02:02:00 PM |
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If I were to look back to my experiences and check on how much I've lost in the past, I can truly see the difference. A positive and realistic outlook can truly change your trading behavior as you'd know what to expect if ever you did lose something. Best thing is to just move on and set everything aside .
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Duogembrot
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January 07, 2018, 02:36:16 PM |
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
mentally when I am experiencing huge losses I feel very depressed and I am confused how I return the money I use for capital to play bitcoin because it has been losing so much.
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snipetr
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January 07, 2018, 02:48:38 PM |
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If I suffered with huge loss then I will never give up or stop trading, then start newly but with care. I will start tarding with small amount and step by step increase it in future. I know that still I losses my amount, I will complete my target in next quarter. So I will keep going with care and judgment that help me for taking decision on time to avoid further loss.
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digitalgame4life
Full Member
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Activity: 378
Merit: 105
Active forum member, A+ poster, PM good sign camp.
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January 07, 2018, 03:00:47 PM |
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If you are a trader first of all if you get sick mentally you are doing something wrong very badly, second of all you are doing something completely wrong if you are in a huge loss, work with stop losses and invest in good projects, do not invest in shitcoins because they will not benefit you, the pumps and dumps are only temporary which causes you to loose alot.
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martin1221
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January 07, 2018, 03:28:47 PM |
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If i will lose a huge amount im trading, i will rather change my strategy to minimize it or prevent. If we lose huge amount, maybe our ways are wrong, try to learn from experts, we need their opinion if we encountered this kind of problem
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burong1
Full Member
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Activity: 238
Merit: 100
BIG AIRDROP: t.me/otppaychat
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January 08, 2018, 12:47:06 PM |
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Stop for a while and think about my mistakes, study the market and go back to trading.
It is something that can change the memory of a certain person. One factor is a huge problem,it can be a basis on how to measure our capability,how strong are we. We can avoid it by having many exercises and dont think too much that can cause stress. we can also experience being paranoid. Lossing mental awareness is a sign of having amnesia or Alzimers disease,it is very difficult to cure those illness once your mental awareness gone.
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repsol
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Activity: 162
Merit: 10
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January 08, 2018, 01:37:36 PM |
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I've had big losses, but I did not give up because if I gave up at that time then I would be a loser, and I would not be a successful trader, because my ideals become a successful trader and get a lot of profit
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Soksuci
Member
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Activity: 199
Merit: 10
Mercy
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January 08, 2018, 01:42:05 PM |
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I suffered loss of 0.6 BTC last year.
What I did is research a very potential coin wish low marketcap and all in at that coin.
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