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Author Topic: What do you do when you are over 50% lose on your trades?  (Read 1389 times)
oddwh
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January 24, 2018, 05:44:54 PM
 #21

At 50%, I think it's too late to sell at loss. If checking these prices scares you, just hold on and try to avoid to check prices Wink

If you still believe in the project, you can buy a bit more to lower your average investment per coin, but do that only if you still think the coin might have a future. It's risky but with serious projects, it can be a good idea.

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aalborg
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January 24, 2018, 05:55:41 PM
 #22

The best way you can choose now is not to trade anymore otherwise you risk to lose even more.
Hold till you can sell coins for more or less reasonable prices.
Buy ETH, Waves, LTC, Stellar, and forget for a year.
Mometaskers
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January 24, 2018, 05:59:44 PM
 #23

As you said, don't sell at a loss. Consider these lost for the time being. You'll just stress yourself out when you look at all of them in the red. It's part of the trade that you'd lose every now and then. If you keep them, should they ever rise back up again or get pumped, then you can just always sell them.
Phil_Bardsley
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January 24, 2018, 06:01:37 PM
 #24

just forget about the coins and hold until they hit back your price, focus on other coins and ico and do other stuffs.

I would add - buy the dips. Once you get paid from job or w/e.
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January 24, 2018, 06:11:32 PM
 #25

Well, in my own experience I stopped and hold my coins until they recover and if they do then I'm going to shift them into another coins but before that I'm going to choose what's the best coin to invest that will surely will pump after few weeks of months.
I'm about to quit my job but I'm thinking of I lost my coins then how would I survive?

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January 24, 2018, 06:16:27 PM
 #26

You need to forget about crypto market for about a month, then come after did many relaxation method and enjoy the rise of the market again.

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January 24, 2018, 06:16:40 PM
 #27

In order to not lose a lot of coins then you should do the main formula of trading
BUY LOW - SELL HIGH
you won't lose even a single coin of you do hold it until it will turn higher otherwise hold it no matter how many weeks had passed.
But before you do trading be sure your coin is a good one because bad coins will never pump.

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January 24, 2018, 06:29:55 PM
 #28

To prevent this happening in the future, you need to remember 2 rules - 1) use stop-loss and 2) never buy during a pamp. There are many other rules, but these are the most important.

Silenox
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January 24, 2018, 06:32:36 PM
 #29

Leave your orders in exchange and do other things, check once a week.
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January 24, 2018, 06:34:47 PM
 #30

thats hard.. i know... but thats the game. you should believe in your cryptos! theres a difficult time, but the day will come and the time is glory Wink
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January 24, 2018, 06:37:32 PM
 #31

Hey man!
If you don't want to see your coins dipping then as soon as you see it and you have weak hands just forget about crypto for a month.
Everything will be green after that. Good luck bro Cheesy
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January 24, 2018, 06:38:43 PM
 #32

As you said I will hold. If I've learned from the past experienced then I will not do it again for the second time, or even third time or more. I need great courage to hold the tokens. Coz raising and falling of coins price is unpredictable. Be strong and learn to be patience. A little bit maybe you can have millions usd.
thycrypto
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January 24, 2018, 06:41:55 PM
 #33

just wait.. The market it down for everyone. If you are down on a trade just wait until it goes up. There is nothing else to do at that point. I never understood why people would sell at a loss. You lose what you can potentially make later. If they are good coins they will come back up.

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January 24, 2018, 07:14:47 PM
 #34

I have seen your coins list you have invested mostly in high supply coins. But still I would advice you to hold it. It is no use to book loss now holding would be the best option because we never know when these coins will rise again so holding can be fruitful. If I were you I would hold or I will buy more coin at dip because it can help me to reduce the buying price average So that when market will rise again I can easily recover my loss.

anasso
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January 24, 2018, 07:19:41 PM
 #35

don't worry about your losses because every newcomer is experiencing the same thing.

the master word in this situation is "HODL" and spend only what you can afford to lose.
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January 24, 2018, 07:26:36 PM
 #36

don't worry about your losses because every newcomer is experiencing the same thing.

the master word in this situation is "HODL" and spend only what you can afford to lose.
I wouldn't worry also, the prices are only a short view on what is going on in crypto. Most altcoins have prices that recover.

 
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January 24, 2018, 07:43:22 PM
 #37

Just try to find why it dropped, maybe it's just some random speculation, or something more serious.
Then analyse it, see if what made you buy the coin still there, if the answer is yes, keep it, otherwise, sell it.
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January 24, 2018, 07:54:56 PM
 #38


It remains to wait and watch the market. I myself have some coins from your list, but I do not worry. I work with the bounty to close the plus positions and move on.
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January 24, 2018, 07:58:16 PM
 #39

Why do you call it loss? After all, you have not sold these coins yet and have not recorded any losses. You need to be patient and wait until the market recovers. And then you will make a profit.

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January 24, 2018, 09:02:06 PM
 #40

The first thing I do when this happens is to try to relax and not get carried away by the complaints, then I try to understand what I did wrong, if i missed the train, did not know the right time of entry or exit, i try to readjust my goals and visions. Wait and accept the flexibility of the market this is the tip.
 
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