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Author Topic: What do you do when you are over 50% lose on your trades?  (Read 1325 times)
Kakabawa19471947
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February 10, 2018, 08:49:43 PM
 #141

just forget about them for few months, market will give you chance to exit just be ready for it them, stay put my friend
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ternyabin
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February 17, 2018, 10:00:39 PM
 #142

On 10th I bought these coins...

QLC             665.39235960        spent 0.04669735 BTC now value 0.02208817                     
DBC           3489.01913490        spent 0.11399558 BTC    now value 0.04789097                     
UTK             999.14623990          spent 0.07351075 BTC now value 0.04367548
TRX         11704.11100000        spent  0.11480700 BTC now value 0.07415842
VTC              43.46405229          spent 0.01995629 BTC now value 0.01713204
MUSIC      6321.99316783          spent 0.04531524 BTC now value 0.02180519

If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.

How do you handle when you are in my situation.
At such times, you need to temporarily stop trading. If you sell your coins in a panic, then you will regret it later. The best option is HODL.
Yes, I also stop trading in similar situations. You can temporarily focus on something else. It has been scientifically proven that the best rest for the brain is to start another occupation. The crypto currency market will necessarily recover to the previous positions and you can again trade.
coskunc
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February 17, 2018, 10:23:46 PM
 #143

Turn off your phone, your laptop, your desktop, your blockfolio
Start painting, do meditation.
Come back 2 months later, everything is gonna be just fine.
MaiQwaN
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February 17, 2018, 11:00:27 PM
 #144

If as a result of your trading activities you lost 50% of your funds it is a signal that you do not know how to trade in this market. You need to get serious training or become a long-term investor.
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February 17, 2018, 11:13:55 PM
 #145

If you believe that these coins are not just shitcoins but are really of good projects, then just hold on it. You could have exited on your hold when you lose less than 5% If you will sell it, you definitely  lose your money.

Hawker
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February 17, 2018, 11:14:55 PM
 #146

If as a result of your trading activities you lost 50% of your funds it is a signal that you do not know how to trade in this market. You need to get serious training or become a long-term investor.

Losing more than half of the money we hold at hand does not mean that We do not know this market. Because this market does not have the usual valid economic theories.
ShadyMash
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February 18, 2018, 06:07:45 PM
 #147

only best thing you can do is HODL until that coins give you profits.seems like you invest in good coins so one day they will rise.but you must be patient .that is the most wanted quality of any trader.if you are afraid for loss you can use STOP LOSS feature.it may cut your loss little bit.But don't sell in 50% loss.

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February 19, 2018, 03:09:38 PM
 #148

Some time we get a huge lose so its result that you don't know how to trade in crypto and you can't tolerate and you can't hold your coins the best option to hold your coins.

horner35
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February 19, 2018, 03:53:14 PM
 #149

Put your sell orders in for break even and hodl.  While your waiting to get your money back in one STUDY STUDY STUDY.  Once cash free up place it into your best pick and start to rebound your portfolio.  We all go through this from time to time.
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February 19, 2018, 03:55:18 PM
 #150

I just do nothing and I relax because -50% is nothing in crypto guys! And it is not good to cut losses from projects that still have potential to grow up in the future. I just wait until the market goes bullish again.
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February 21, 2018, 02:03:25 AM
 #151

On 10th I bought these coins...

QLC             665.39235960        spent 0.04669735 BTC now value 0.02208817                     
DBC           3489.01913490        spent 0.11399558 BTC    now value 0.04789097                     
UTK             999.14623990          spent 0.07351075 BTC now value 0.04367548
TRX         11704.11100000        spent  0.11480700 BTC now value 0.07415842
VTC              43.46405229          spent 0.01995629 BTC now value 0.01713204
MUSIC      6321.99316783          spent 0.04531524 BTC now value 0.02180519

If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.

How do you handle when you are in my situation.

Didn't you just answer your own question?
Selling now would be the stupidest thing to do.
More than that, why did you choose these coins?
Well, whatever the case is, the crypto market is still in it's infancy and the market will rise.  Just be patient.

Even coins that seem to be completely dead, some of these have been know to rise from the grave through new developers.
Not to mention if your dead coin gets targeted for a pump and dump.
This happened to me before.
I was doing day trading and say some movement potential in a shitcoin called eddiecoin.  My timing was off and and I ended up with a bunch of eddiecoin just sitting on the exchange.  I left it there with an open sell order for a hefty profit for 5 months and forgot about it.

Well, last novemberish I was suddenly suprised to see that my eddie had sold off!
I saw the trade history and it spiked in value 1800% in an hour and a half!
Then it dropped down to it's dismally low prices again haha.
So I was able to get rid of them for a decent profit.
Now, this is extremely rare though, so I wouldn't count on it.

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February 21, 2018, 02:14:09 AM
 #152

the best thing that we can do is close the computer, take a deep breath, do another thing that will make our minds is not thinking about the coin for all day long. and if we still have money, maybe we can buy more for each coin so we can reduce our average buy price and we can expect and wait for the price increase back. sometimes I buying the coins again if the price is down and I think that the coin has a good chance to increase in short time and I am willing to add another amount to my wallet.



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Barbarian
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February 21, 2018, 02:36:37 AM
 #153

On 10th I bought these coins...

QLC             665.39235960        spent 0.04669735 BTC now value 0.02208817                     
DBC           3489.01913490        spent 0.11399558 BTC    now value 0.04789097                     
UTK             999.14623990          spent 0.07351075 BTC now value 0.04367548
TRX         11704.11100000        spent  0.11480700 BTC now value 0.07415842
VTC              43.46405229          spent 0.01995629 BTC now value 0.01713204
MUSIC      6321.99316783          spent 0.04531524 BTC now value 0.02180519

If you notice in all these coins I am in HUGE lose. I am holding this of course. Coz I would never sell my coins in lose. I did in past but learnt my lessons.

How do you handle when you are in my situation.
If you are losing so much money then you are not a trader but an investor, if you bought those coins thinking as a trader and are in 50% loss then the only thing I can tell you is that you need to learn how to use the stop loss function in your favorite exchange and put a range at which you will sell.
grchina
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February 21, 2018, 02:44:00 AM
 #154

Not a lot that you can do in this kind of situation,either sell them with loss and invest in coin that you thing have a bright future or just hodl them and hope that price will ever go up.This is why there are options like stop loss in trading that prevents you from making this big mistake and losing over 50%
Prodigan786
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February 21, 2018, 02:47:04 AM
 #155

I am not checking portfolio  frequently I may check once when whole market go it’s advisable to have a patience atleast you get 2x profit of your btc investment. Out of your investment trx may give huge profit.
gohan21
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February 21, 2018, 03:00:20 AM
 #156

I think you need to stop trading because you have nothing to do with your strategy and you do not have anything to do with Crypto's just use your money in a good way.
Fergus Lewis
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February 21, 2018, 09:19:59 AM
 #157

Let be more happy . Please believe in a bright tomorrow. No one can say anything. Maybe someday in the sky someday everything will be better. Enjoy your life and do not look at the computer all day. Good luck
cpoer2011
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February 21, 2018, 09:25:45 AM
 #158

Just hodl your all your crypto that you have bought (portfolio) for long term because the market is down right now. Just give the market some time to recover and your portfolio will recover also. I have a situation just like you and I HODL my portfolio as my long term investment. Just enjoy your day. We hope the market will be better. Thanks
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February 21, 2018, 09:33:42 AM
 #159

I try to avoid such situations. But if this has already happened, then only wait. Wait until the market begins to grow and prices will recover. Use a risk management strategy. If the market enters a bearish phase, then sell with a loss of 5-10% and then buy at the bottom.

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February 21, 2018, 09:35:52 AM
 #160

Right now what I do is to do trading on Binance, day trading needs skill so you can learn from experience to be a day trader. You can also do bounties while waiting. Junior members already can join different bounties. Try it.

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