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Author Topic: Try to recover loss  (Read 1898 times)
aencarnaci
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March 17, 2018, 12:04:19 PM
 #121

Of course, no one expects continuous losses. but right now, that has become a reality, I have lost 40% of my currency's value recently. Maybe things slide pretty fast for me. But I will not sell them for the fall of the loss. I will wait the market back to welcome a boom worth like last year.

If you have a fear that the market is going to dump more than you have calculated than the best way is to cash out half of your crypto currency and re invest it when the dump is over and the price is lower, by this you will not only be able to recover the loss but also it will add more profit. You will minimize the effect of the loss and maximize the effect of the profit. This is what I do, and is advised to all the new comers as well as other colleagues.
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March 17, 2018, 12:27:51 PM
 #122

You felt threatened that is why you wanna sell all your coins.  Cheesy anyway, you can still do your own strategy by selling all useless altcoins you have. Then buy promising and potentially alts like monero, litecoin, etc. After that, hodl them.. From there I am sure you will recover from your previous loss.
futureofeth
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March 17, 2018, 12:34:22 PM
 #123

You felt threatened that is why you wanna sell all your coins.  Cheesy anyway, you can still do your own strategy by selling all useless altcoins you have. Then buy promising and potentially alts like monero, litecoin, etc. After that, hodl them.. From there I am sure you will recover from your previous loss.

In this way, they can easily recover his loses most of the people don't know how to choose the best altcoin which will give good returns in long term. Check-in CMC for good potential coin and yes sell the shit coin and buy good coin which can give good returns.
LovelyFLOWER
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March 17, 2018, 12:36:12 PM
 #124

Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
As what i have known and think about it. You can be able to recover your money because since all of the coins are had a time to decrease and it also bases in the bitcoin deacreases but its on process of recovery . All you need to do is to wait for a short term of time to make your money recover and possibly  to increases more. It is more acceptable to have and happened. So that i preffer and must say that if you want a recovery wait gor the perfect time.
richminded
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March 17, 2018, 12:39:48 PM
 #125

No other way to recover your loss but to keep on trading or investing if you failed on your first attempt don't just give up, keep on learning and make sure to study before trading. Loss is a loss move on and don't lose hope because this market is a never ending opportunity for everyone who wants to become more rich.
kucritt
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March 17, 2018, 02:22:16 PM
 #126

right now the price of altcoin is the worst and maybe its not good time to sell, you can sell it when the price is going up till the max, so you can start to recover your loss, by the way its good if you want to start recover, you can use this way better than just wait your coin price is going up

GREATLOVE
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March 17, 2018, 02:43:17 PM
 #127

Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Until now we always see dump of all tokens and coins and almost 3 months we experienced lose in all coins however we don't need to do something but to pray and wait for the miracle in the market.
jakelyson
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March 17, 2018, 02:57:27 PM
 #128

Until now we always see dump of all tokens and coins and almost 3 months we experienced lose in all coins however we don't need to do something but to pray and wait for the miracle in the market.

You have to do your own miracle. Praying helps, but you have to act too. The market is dumping but it does not mean that you cannot make profit anymore. You can still make good trades and earn even when it is bear season.
Pamadar
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March 17, 2018, 03:30:20 PM
 #129

Of course, no one expects continuous losses. but right now, that has become a reality, I have lost 40% of my currency's value recently. Maybe things slide pretty fast for me. But I will not sell them for the fall of the loss. I will wait the market back to welcome a boom worth like last year.

If you have a fear that the market is going to dump more than you have calculated than the best way is to cash out half of your crypto currency and re invest it when the dump is over and the price is lower, by this you will not only be able to recover the loss but also it will add more profit. You will minimize the effect of the loss and maximize the effect of the profit. This is what I do, and is advised to all the new comers as well as other colleagues.
I think it's hard to predict the market right now, fluctuations are continuous but like what you have said, if you are able to assess before placing your entry
and that assessment didn't work, better to make a decision cutting your loses and take the risk of waiting for another position before placing your entry
again, dealing with this strategy needs to be more active and more risky attitude, believes that your investment will work for you and always have time
to trust your assessment.
butcherme
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March 17, 2018, 03:44:32 PM
 #130

Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

How can you actually recover it if you are planning to sell now? With the current market situation, it is not the best time to sell. It is better to hold and buy more and wait for the price to recover. We have been through this for a long time and if still you are impatient, you will surely miss an oppurtunity to buy coins at cheap price.
PhucS
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March 17, 2018, 04:20:06 PM
 #131

Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
Yes, you can sell them and start trading to recover if the altcoin that you are holding is of high value. However, at this time the crypto market situation is quite bad when there are many fluctuations, many altcoin value has fallen sharply. If you decide to sell then I think there will be no profit, I do not encourage you to sell and trade at this time. Try to wait for the market to recover. This is just my opinion
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March 18, 2018, 08:56:57 AM
 #132

I think yours loss will increase more and more till the end of March because the market have no recover sign. I think the best option to recover yours loss is hold and dont check the price till the end of March.


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March 18, 2018, 09:03:27 AM
 #133

Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?

Just sell all your altcoins as long as the price will really the same as the profit you loss. Well trading is a great thing to recover our loss but this requires strategies and a wise decision to become successful with trading. But if I loss, I want to stand up where I lossed. If I loss because of altcoins then I still wait until altcoins go up.
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March 18, 2018, 09:13:35 AM
 #134

I used to be a full time forex trader, now I do the same with crypto and I found that rules are the number one:
Always have a plan - follow, write it down, never make exceptions, I lost a lot when I said this is an exception.. Don't do that.
If you have a plan there is no emotional decision you should make. Like these days, if you have a plan up front, you know exactly what to do.

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katrimans
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March 19, 2018, 10:15:28 AM
 #135

it's easy to find a legitimate trading or investment and you spend all your money so you get back to what you do not have to do just as you are not familiar so you can not lose it.
You can recover what all you have lost in either trading or any other investment but fir that you need to remain determined having a goal of getting far more than what you have lost. You need to keep on investing small amount of money and that you need not to repeat the similar mistakes which you have made in the past and that you only need to sell at time when the market is high enough.
Marrionbitcoin
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March 19, 2018, 10:49:00 AM
 #136

Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?


In my opinion, you just don't nee to sell your existing Altcoins because I know that is already your lost. You are not yet incurring lost until you have already withdrew your Altcoins.
You better need to recover from loss is you only need to buy additional Altcoins or Bitcoin because the price is still low and then once this will rise up a Bit then you are now gaining from your second bought until you have recovered your losses.
I know that is the best idea I know for you to recover from loss. Just hold the existing and then buy a new one as the best strategy for that.
angrynerd88
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March 19, 2018, 11:09:59 AM
 #137

Gain and loss part of trade but we can recover the losses taking rational decisions. For me it is wrong decision to sell altcoins and start trade to recover loss,If you have affordability buy more because price is low and hold all with patience till find best moment to sell.If you can buy more then hold existing coins with patience dont panic yourself you will find best moment and good profit.

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March 19, 2018, 11:37:38 AM
 #138

Gain and loss part of trade but we can recover the losses taking rational decisions. For me it is wrong decision to sell altcoins and start trade to recover loss,If you have affordability buy more because price is low and hold all with patience till find best moment to sell.If you can buy more then hold existing coins with patience dont panic yourself you will find best moment and good profit.

Well I guess it depends on what coins he has in the first place. Bitcoin is not a bubble, but just like the .com bubble, where a lot of "fake" companies burst, because they had no value and only attracted investors because they used the .com hype in it's favour, we will have a lot of altcoins that have no value and will burst, because they just got money form investors because of the bitcoin and blockchain hype.

I think this is a time to really evaluate projects, and only keep the ones that have strong fundamentals behind them.

samcrypto
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March 19, 2018, 12:01:53 PM
 #139

Gain and loss part of trade but we can recover the losses taking rational decisions. For me it is wrong decision to sell altcoins and start trade to recover loss,If you have affordability buy more because price is low and hold all with patience till find best moment to sell.If you can buy more then hold existing coins with patience dont panic yourself you will find best moment and good profit.

Keep on investing and hold it, that’s the best way to regain your profit aside from trading. Well, lose is normal specially in this kind of market better to start learning on how to deal with it. To prevent any loses, equip yourself with a lot of skills and knowledge.

BobBct
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March 19, 2018, 12:12:54 PM
 #140

If you want to recover your losses don't think to recover your loss but think to grow it because if you think to recover your emotions will take over you and that means you can enter a trade in a wrong time because you are getting too emotions.
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