dakiev
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Activity: 350
Merit: 13
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June 21, 2018, 06:55:11 PM |
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tThe best way to manage losses is to forget about what might have happened and focus on the present to make back what you have lost. Just forget about what has happen, once you lost i, it is gone and cannot come back again, so focus on the future
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Zotia
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June 21, 2018, 06:56:06 PM |
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First of all, it is worth to remember that the cryptocurrency - it is unstable a thing and very chained. You can both get big profit, and to lose a significant part of money. I try treats losses more quietly though not always it turns out and I invest in other projects, trying not to make former mistakes
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nydiacaskey01
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Merit: 1036
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June 21, 2018, 07:00:30 PM |
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I am not a long term hodler, I am more of a short term trader and most of the time a day trader and if ever I suffer a loss, I shift to long term and wait for the token or coin to recover. Selling at loss price will not help you recover your losses, actually it will bury you deeper into the hole so stop looking at the price from time to time as it tends to add up to your stress when you see no movement on the price. Lowering your target price on when to sell will help you slowly recover your losses too.
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Kseniya17
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June 21, 2018, 07:03:05 PM |
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If you suffered a loss, next time you will take into account your mistakes so that it does not happen again. We all make mistakes, but we do not stop.
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greydking
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Activity: 322
Merit: 10
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June 21, 2018, 07:03:52 PM |
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crypto is one of the increasingly popular investments but every investment there is a risk so to minimize the risk we can make other investments such as stock or other to maintain the balance of our investment
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Loran Lann
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Activity: 252
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June 21, 2018, 07:04:24 PM |
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Try to avoid seeing the prices daily, otherwise it should be stressful. You just check the prices weekly and if you see the prices fall hugely then try to do average.
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valetrm
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Activity: 238
Merit: 10
Open and Transparent Science Powered By Blockchain
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June 21, 2018, 07:13:42 PM |
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Try to avoid seeing the prices daily, otherwise it should be stressful. You just check the prices weekly and if you see the prices fall hugely then try to do average.
True... True... Very many inexperienced players in this market or simply beginners often suffer such a disease, as checking their block for 30 times a day. Bad sleep at night, break down on loved ones. This should not be done in any case. If you do not cope with this, then it's better to change your occupation. Losses must be transferred cold-bloodedly and be ready to lose everything here. |
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meatballsset
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Activity: 98
Merit: 10
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June 21, 2018, 08:37:18 PM |
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The main thing is to have a strategy and an action plan in case of such problems. For the first time I succumbed to a strong panic. But it is important to understand - panic will not bring any benefit, it only aggravates the situation.
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nick_2017
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June 21, 2018, 08:39:35 PM |
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If you are so emotional person that means marked not for you. The best way is that never nervous about losses.
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Walexizi
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June 21, 2018, 08:40:06 PM |
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Whenever I am in a loss situation, I will be unfortunate and scared, but at that moment I should be as calm as possible to make wise decisions. When the exchange rate goes down, I will continue to invest in other cryptos and hope the market will recover, and the crypto will rise again, to be calm and patient to pursue the market.
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sunshinee0900
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June 22, 2018, 08:10:49 AM |
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This is a whole art and I think that not everyone will understand how to do it right, because today only a person who has seen a lot in this risky place can afford it. But still, if you can do this, you can very well minimize further risks.
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Sandra999
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June 22, 2018, 08:26:50 AM |
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I only invested money that I could afford to lose. I just assumed that when I put it into the crypto market, that I wouldn’t see it back. Approaching it from that angle allowed me to mentally handle the big downturn in the market. It was also helpful for me to move from a trading strategy to a holding strategy. Since then, I don’t worry about every little move in the market.
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valetrm
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Activity: 238
Merit: 10
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June 22, 2018, 03:33:37 PM |
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This is a whole art and I think that not everyone will understand how to do it right, because today only a person who has seen a lot in this risky place can afford it. But still, if you can do this, you can very well minimize further risks.
Unfortunately, the overwhelming majority of people learn only from their mistakes. And by the time a person realizes that he needs to use stop-loss, lose the lion's share of his deposit. |
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grumpylittlepoodle
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Merit: 11
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June 22, 2018, 03:44:11 PM |
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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 have a big trust in my coins so that i believed that even i loss a lot of my money when the price of that is dropping i still waiting with a patient because i believed too after that, i can get a big profit when the bull comes. So don't be so stressfull if you believed in your coins. |
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annajewel100
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June 23, 2018, 01:25:25 PM |
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Failure is part of the business, but I will always tell people that if you know you can't afford to lose, you don't need to invest in such a large amount. So you can sleep well when it's unstable
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quang99
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Merit: 250
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June 23, 2018, 01:46:59 PM |
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I only invested money that I could afford to lose. I just assumed that when I put it into the crypto market, that I wouldn’t see it back. Approaching it from that angle allowed me to mentally handle the big downturn in the market. It was also helpful for me to move from a trading strategy to a holding strategy. Since then, I don’t worry about every little move in the market.
It is a very difficult situation in the market now and most people have lost part of their capital because of such a drop in the entire market. Do not be nervous and panic, after such a fall, we will be able to see new heights in the future. |
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Henry4457
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June 24, 2018, 08:35:36 AM |
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To manage looses just learn from your mistakes.Dont be so greedy being greedy will make me or you to suffer so many looses.Im now being greedy in crypto Im relaxing now Just relax dont think that you are looser there are many ways to do not remember your looses rembemer that dont put all your egs in one basket and think before you click.
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Belozerov85
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June 24, 2018, 08:49:03 AM |
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If you do not be greedy and always withdraw part of the profit in fiat, the market falls will not be so much put into stress. Unfortunately all this is understood only with experience.
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eert
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June 24, 2018, 08:52:24 AM |
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If you haven't sold the coin yet. So you don't lose anything, I suggest you choose to sell your coin at the top. No matter how long it takes, I believe it's worth it.
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kameutunda
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June 24, 2018, 08:57:41 AM |
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You have not sold then you have not lost anything yet. Stop comparing the highest price with the current price. You do not sell at the top. Just invest what you are able to lose. That way, no matter what happens you do not need stress. Life is short and we do not have to worry about little things like shitcoins. Better to be safe and just invest in white chips like Bitcoin or Ethereum instead.
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