how to manage losses?

[b1k4ng]

if you still have more capital, investing in other altcoins is also one way to manage losses but if you don't have the funds anymore then the only way is to hold the altcoin

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[nicwenzel]

If you are a trader, but you still have little experience and you are too nervous about losses, it is better to use trading bots.

[monineklutak]

a trader will definitely experience losses, I also experience it when playing on Futures, I suggest if you are not good in trading do not trade there, trade in the Spot market then you will be safe, and stay away from coins or tokens that have little volume

[Listratennt]

If you are a trader, but you still have little experience and you are too nervous about losses, it is better to use trading bots.

I agree with you bro, bots are especially useful now when the market is constantly price jumps, then down, then up.

[Cremangravi]

If you are a trader, but you still have little experience and you are too nervous about losses, it is better to use trading bots.

I agree with you bro, bots are especially useful now when the market is constantly price jumps, then down, then up.

I highly recommend this resource https://tradingbot.info
It has all the information you need to select and launch your trading bot for cryptography. This is not advertising.

[leatutz]

how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..

Still only top coin price is moving up but other altcoins can't follow the Bitcoin price. Biggest loss always in altcoins section and profits also, so I follow for some legit altcoins. Now any legit altcoins could to give you high return. Holding can't recover your loses.

[MCobian]

Remember , always invest money that we can afford to lose, so when the crypto coins that we have bought go down dramatically
and experience a big loss. We do not need to stress with the situation, because from the beginning the capital used did not come
from a hot wallet.Moreover before we sell the coins, then we haven't lost. So if the price of coins goes down, there is no need to panic,
be calm and hold the coins,it will go up again. Or you can also use the stop loss feature in exchanges, so the losses you experience
can be minimized.

[whyrqa]

Remember , always invest money that we can afford to lose, so when the crypto coins that we have bought go down dramatically
and experience a big loss. We do not need to stress with the situation, because from the beginning the capital used did not come
from a hot wallet.Moreover before we sell the coins, then we haven't lost. So if the price of coins goes down, there is no need to panic,
be calm and hold the coins,it will go up again. Or you can also use the stop loss feature in exchanges, so the losses you experience
can be minimized.

to I believe that the expression "manage your losses" refers to those investments that we made on our own, namely some that we earned in the air drop or in the Bounty companies.  at least if I sell or buy a certain asset, then first of all we are talking about a profitable transaction, as a result of which I will still stay with the purchased coin, provided that it has good prospects, or I will have Bitcoin or Ethereum after the sale of my asset  , despite the state of the cryptocurrency market.  Well, anyway, anyway. It is necessary to monitor the market and all the information on the coins from your portfolio in order to get rid of those coins that may have certain problems in the development of your project.  but as for coins that are not bought but earned, it is almost impossible to minimize losses, since most of these coins have the same prospects as dice.

[Jateng]

how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..

I learned a lot to my experienced to be my possible the biggest amount of money I earned in crypto world. It's the time where I know a little about cryptocurrency, I sold the tokens I earned in bounty campaign at low price since I don't know yet that day that it might possible to increase it's price. A week after the pricr suddenly rocket that I can't imagine how that possible. Now I know what coins will sell at ICO price and coins that will be hold for long-term. You must be know that in the beginning there's always a process. Learn from it and over come when you lose and use it to motivate yourself to win next time.

[sonofliberty]

don't freak out, I've just stopped trading and now hold my coins on OWNR wallet

[barabeku]

how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..

Personally I am a long-term investor, so I don’t care about temporary fluctuation if I believe that this coin will be successful within time. And my diversification is between some fundamental currencies and in addition to them I have a part of my capital in altcoins that I choose on coinmatketcap. I investigate documents, deav team and tokenomics before investing.

[Cherylstar86]

don't freak out, I've just stopped trading and now hold my coins on OWNR wallet

Indeed. Freaking out might be the reason that you loss huge amount of your profit. Traders may experience losses but these experiences might help you learn a lot. Maybe to manage losses, use a stop losses order, analyze some of your mistakes, dont always buy, be patient and wait until the situation backs to normal. If you experience losses, let it be gone, start again from the beginning and work harder than before.

[sapnu]

to ensure that the losses are not greatly shocked, you need to first freeze up free money. then the loss is not so traumatic will affect your health.

Right before entering crypto, you should have made yourself aware and prepared already for the worst. We all know that crypto is risky so there will always be instances where you'll end up losing money but there will also be times where you'll gain. It is with your wiseness and strategies that makes the probability of winning increase more than to losing money. As I experience losses, I always make sure that I wouldn't be taken over of my emotion and keeps my composure proper. I think about how I can regain my losses and keep on looking for a good investment.

[DPrillio]

I manage my last loss, about $7k by playing Valorant game and trying to works harder for earn money. Its sad when i loss that big money on futures, my wrong move is i keep adding margin to my position in hope that my margin strong enough to hold the loss, but its ended up the price keep goin down and i need to cutloss it.

Losing money in crypto is normally happen, that is why we should have to prepare any losses and most importantly take a mindset that anytime our invest will get loss and never panic then slowly cover up all the losses.

[mamesso]

Have you ever heard the old saying (don't put eggs in one basket, if the basket falls, All the eggs in it will break). The risk of loss is a very common situation when trading in crypto, the risk of loss occurs due to the volatility of crypto assets in the market, In volatility, crypto assets will experience a value that goes up and down according to market demand. To avoid the risk of loss, we can diversify crypto asset, if one of the crypto assets that we hold experiences a severe shock that makes the price drop, we still have hope on the other coins we still hold.

[newwest]

if you still have more capital, investing in other altcoins is also one way to manage losses but if you don't have the funds anymore then the only way is to hold the altcoin

Every month if can save some amount and invest in crypto is the best as during dips you have added advantage to buy at lower price so that you have an average price combined and this helps to reduce looses when the price begins to rise.

[BitTraderCute]

Have you ever heard the old saying (don't put eggs in one basket, if the basket falls, All the eggs in it will break). The risk of loss is a very common situation when trading in crypto, the risk of loss occurs due to the volatility of crypto assets in the market, In volatility, crypto assets will experience a value that goes up and down according to market demand. To avoid the risk of loss, we can diversify crypto asset, if one of the crypto assets that we hold experiences a severe shock that makes the price drop, we still have hope on the other coins we still hold.

diversify our assets into several portofolio was good technique to avoid big losses when market dump hard. in cryptocurrency market we see high volatility everyday and impossible for us trade with 100% profits result. Diversify could mean distribute risk that may occur due market volatility and also distributed profits potency too.

[mamesso]

~Snip~

diversify our assets into several portofolio was good technique to avoid big losses when market dump hard. in cryptocurrency market we see high volatility everyday and impossible for us trade with 100% profits result. Diversify could mean distribute risk that may occur due market volatility and also distributed profits potency too.

Yes that's what I mean, the purpose of trading in crypto is just to make a profit. As we already know that price volatility is inseparable in the crypto market, so we have to diversify crypto assets in order to minimize the risk of loss. Building a Portfolio with multiple coin would be a very good option in order to be able to give us the profit we expect.

[rhodelmabanal]

how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..

You well not loss if you will not sell, that is why before investing in altcoins or on some other new project we need to look at the the roadmap or it's plan for their future development and if we found that is was interesting then we will invest it for our future. Even if the price of the coin is falling today you will never know that it will pump 5 to 10x in the near future if we don't hold it strong. So hold strong panic seller is always a loader.

[Pierre 2]

In 2018-2019 period I lost a lot money in altcoins. I couldn't handle mental damage it did to me. I felt sad. This time in 2021 I preferred to risk money I would afford to lose. I also cut my losses whenever I realize its bad coin which I invested.