how to manage losses?

[Haunebu]

When trading in this extremely volatile crypto market, it is natural to lose money in varying amounts based on your luck and research conducted on any particular coin/token. It is possible to minimize losses through different methods. If you have experience trading cryptocurrencies, you would most likely know different methods to reduce your losses.

One of my favorite methods to reduce losses is not to fall for the herd mentality and focus on conducting my own research and decide whether to invest or not. HODLING is another effective strategy, but you need to sell at the right moment.

[DedvTapkax]

You must invest in several different projects in order to reduce risks. This strategy has been tested by many investors and it works.

[thanhdatdat23]

Firstly, don't ever FOMO ! Secondly, always follow your stop-loss That's the key for successful trader. However you should learn about technical analyzing too !

[criptoman83]

I understand you, i used to be very worried about drawdowns, especially after the strong growth of all cryptocurrencies in june 2017. But when you go through this stress 2-3 times, you don't care so much later. I don't even pay attention anymore, because I believe that all this is temporary, and in the future we will see huge growth.

[Wong owah]

how to manage losses may we have to return to capital so that we can join the work in trading, then we work trading must be with hard work.

[reypinioco]

I do manage my losses when i am holding these tokens until the market has recovered because i know myself that i am going to lose when i would ever sell  in panic which is why you shouldnt be panicking whenever the market seems to be going to down,hold your tokens/coins and wait for the market to get recovered.

[Jesabela04]

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..

Lossing is a part of our lives as traders and holders. What we really need to do in facing situations like these, is just to have patience and avoid panicking for it won't help us grow as traders. We must habdle our emotions here and we should just keep on trying no matter how many losses we have.

[LooBaao]

I do manage my losses when i am holding these tokens until the market has recovered because i know myself that i am going to lose when i would ever sell  in panic which is why you shouldnt be panicking whenever the market seems to be going to down,hold your tokens/coins and wait for the market to get recovered.

Patience will be the key to your success in this Crypto market, so you are right when holding your pennies while the market goes down. Me too, always decide to hold them when the market drops sharply. and sell them when the market rises.

[vitkamenev]

Treat this money as if you've already lost it. Personally, I enjoyed it very much helps. Psychologically I am calm, I make fewer mistakes.

[Bismillas]

First of all you should always be calm, patience is the best choice for successful trading. Also you should understand that you can lose everything, it is very significant. Do not put all your money in one crypto currency, even if you're sure that it'll grow

[eviltamer]

The main thing is to remain calm and invest only in time-tested projects.

[swetka]

First of all you should always be calm, patience is the best choice for successful trading. Also you should understand that you can lose everything, it is very significant. Do not put all your money in one crypto currency, even if you're sure that it'll grow

the question is certainly interesting, but it will always be difficult to answer it, because it is impossible to manage losses. You either invest correctly in a project, or make a mistake. Anyway, it's just luck.

[johnyespapa]

Simply hold your coins whenever you are trapped when the market has started to fail or if the market has failed once again.Holding could have save your ass from getting rekt from these market manipulations,i wont be going to do anything if i were you so that you wont lose a lot of your investments,and after the market has recovered im sure your losses would be minimal.

[tenebriscaelum]

First never sell your coins and tokens because it might take long for it to comeback to it price or provide you profits but you just need patience and discipline and eventually your profits will come.

Secondly study the market if you have studied the coins/tokens that you have to prevent your investments to becoming stagnant in your wallet or provide you with good coins/tokens.

Third add more in your investments: "The golden rule buy low sell high" if you do have extra money in your pocket then it is the best time to buy coins/tokens as the prices of some are still low and the other are just comming back up.

And lastly diversify your portfolio as it would potentially provide you more profits as their are coins/tokens that quickly sky rockets to the moon so you never know if the tokens that you got is one of them.

[CrypticGambit]

I am down something like 70% from my ath. How to manage loses? You need to cash out some of your holding after each pump. Just take your profits and you will never feel loses because your are up a few hundred %.

[terible.hunter]

This is a very correct idea, but I'm afraid that I will not be able to say anything on the case, it seems to me that this is a whole science that teaches patience and a correct assessment of the situation, today you can see a lot of risks in the crypto currency market and it's true.

[Findingnemo]

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..

Well, normally most of us will become worried when our portfoilio turns red, and that'll give you stress. But somehow you can minimize the stress and worriness if you have confidence with what you are holding. You can build confidence with the coins in your portfolio if your alts has a huge potential like the top 50 or top 100 in the market. If you try selling to cut losses, theres a huge chance that you'll loss even more.

Losses are always happen in all times in all fields the only way is we need to move forward from that it is the only way to manage losses in anything but losses in bitcoin investment happening due to quick selling so hold for long time.

[Sahyadri]

It is more about balancing your mind and keeping your focus clear. There are days when you feel absolutely let down and feel like exiting the market immediately. The sadness can be painful and can also result in tear. This is why people keep emphasising on diversifying investments. Investing everything in one coin is huge risk and should be totally avoided. Another thing that keeps me going is that market always recovers after a dip. So even if I have lost money I know it will eventually recover itself.

[Ethan Becker]

Don't check everyday price of coins and don't check your portfolio everyday. When market is falling, I don't do that, I read books, watch movies, go for a walk, but don't take my phone for check it. It's really work.
I have only long term investments, if you want to use short term strategy it don't work.

[mangkanor]

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 usually logging off to my computer,doing other things could really help your mindset,so that you wont need to check the market from time to time because i know how it feels like losing a lot which is why i am doing my best to diversify my portfolio to prevent big losses in the future.Best thing to do is to watch some movies,do anything which isnt a cryptocurrency related things.