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Author Topic: What do you do when you are over 50% lose on your trades?  (Read 1390 times)
Tony116
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February 21, 2018, 07:19:50 PM
 #181

When I started trading I lost a few deposits because of the wrong trading strategy. I was afraid and did not trust crypto. But then I got experience and realized that I should not sell coins with loss. I need to wait a few weeks or days and the coin will go up again. Resume: in order to successfully trade you should have a lot of patience.

ðºÞæ
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February 21, 2018, 07:26:31 PM
 #182

Give up trading and focus on the learned profession. It is obvious trading it ain't'.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
nellycanezo
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February 21, 2018, 07:27:41 PM
 #183

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.

You seem have a hard time to deal with it. The best thing to do is to hold it until the value goes up. Coz, it won't benefit you if you sell it now. Just wait, even it takes long time.
coolcountry
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February 21, 2018, 07:29:17 PM
 #184

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.

Try to forget about your coins for some time. Ideally, you should have invested an amount which you were ready to lose, so log off for some time and forget about your investment for some time. Hopefully, by the time you return, the coins will have recovered somewhat.

boyjackyou
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February 21, 2018, 07:53:56 PM
 #185

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.
Because most of the coin you bought are shitcoins,you didnt do a lot of research before getting these coins that is why you ended up pretty badly.So its on your bloody hands not ours,doing investments should be taken seriously because the market of cryptocurrencies is too volatile that is why we need to pick those coins who wont give us much headache when bitcoin has started to move wildly.

InGODweTrast3
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February 21, 2018, 08:32:45 PM
 #186

There are several options for action, the first is not to panic and wait until the market returns a little, option 2: sell 50% of the tokens that are not at the bottom and buy new more promising coins, now is just a good time for investments.
erickastella
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February 21, 2018, 08:59:54 PM
 #187

hmm , maybe just hold.
thats depends on you , if you want cut your losses and trying buy back at low price , u can recover the loss , but who knows ?
if i were u , just believe and hold the coin till have a good price for take profit.
trying to close all of ur browser , and take some coffe everyday , then see the price again month by month xD
Kamelia
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February 21, 2018, 09:04:47 PM
 #188

Getting into similar situations is the norm, for such a playing market as crypto-currencies. Personally, I'm playing for the money that is ready to lose irrevocably, for this drawdown, even 50% of me do not worry. Practice shows that growth will be inevitable. Just need to wait ...
xsaints128
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February 21, 2018, 09:06:12 PM
 #189

When you are experiencing loss you should just wait, have patience and hold on to your cryptocurrencies. Instead of selling and incurring the loss just hold on to the coins and sell them when the market goes green again.

jouns
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February 21, 2018, 09:08:28 PM
 #190

Until the bitcoin recovers, no growth in altcoins should be expected, altcoins strong grow only 2-3 times a year but can make a lot of X. HODL, don't sell it.
ptolimeus
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February 22, 2018, 09:05:07 PM
 #191

When you are experiencing loss you should just wait, have patience and hold on to your cryptocurrencies. Instead of selling and incurring the loss just hold on to the coins and sell them when the market goes green again.
This is a very correct decision, I do the same. To sell coins now and lose money is stupid. The market must start recovery sooner or later.  Smiley
ifekosu
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February 22, 2018, 09:16:40 PM
 #192

I don't look at the USD loss, only ETH/BTC value in my altcoins... If I lose a lot in BTC/ETH value, than it's time to panic... but never panic sell, just get out of alts that have no future and buy some more promising Wink
Wayan_Pedjeng
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February 25, 2018, 01:22:44 PM
 #193

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.

Simply disastrous. You spent around BTC0.41428221 and now your investment is worth only BTC0.15677113. This represents an unrealized loss of more than 62%. You need to make the decision on whether you want to sell the coins and cut your losses, or hold them for the long term.

lumeire
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February 25, 2018, 01:52:53 PM
 #194

Well looking at your portfolio, at this point you should be cutting losses.

That's just an advice though, remember losses aren't final up till you cash out, wait it out if you have to.

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iamlds08
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February 25, 2018, 01:55:53 PM
 #195

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.

i take some time and get out in front of my computer because ill panic sell when i see blood on my portfolio. i dont sell in lose. take time to relax and wait for the market to correct at the first place you will not invest on coins that is not a good catch right?
Blondy12
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February 25, 2018, 01:58:32 PM
 #196

No one will lose even a cent if everyone have a patience in trading. It is so simple HOLDING is very much important in dump season instead of selling during this stage, why not to buy more for our holdings right? Keep hodling until the price pump again? Decreasing will not remain forever. There will always be a time to rise. And lucky for those who knows how to be patient and wait.
Lodipetmalu
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February 25, 2018, 02:00:48 PM
 #197

In any investment, you need to put in your mind that there is a very high risk of lossing. Its part of the business. If your loss already 50%, you dont need to sell it immediately because you dont trade for a loss. All you need to do is to hold it, because there is high chance that you may recover.
sparveenat
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February 25, 2018, 02:09:02 PM
 #198

Simply I use to keep the formula of booking profit and as well booking lose. If you not have the habit of booking lose we end up with not only 50% 100% also possible so no need to wait till 100% lose analyse the sentiments of market if it shows the indication of negative we should quit atleast we can have balance we can make it happen in another trade.

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February 25, 2018, 02:52:49 PM
 #199

I think you need to change your strategy and not buy when prices are high
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February 25, 2018, 03:00:13 PM
 #200

As long as you dont sell that coins and tokens you holdings you cant say that you already lose your investments. Just wait and hold maybe later there price will goes up slowly or you can simply check you holdings in CMC atleast once a week and if you see that your coins have profit then sell it and find a good top coins in CMC.

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