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Author Topic: how to manage losses?  (Read 26431 times)
Bitmore
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June 21, 2018, 06:05:46 AM
 #541

Stress and panic is a serious problem. Most of all I am ashamed of my family. When the price of the cryptocurrency fell heavily. I was having a scandal with my wife.

Nanagyasi
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June 21, 2018, 06:14:44 AM
 #542

I think understanding the risk that you stand the chance to lose your money is the first approach to managing stress. Losing huge sums ofonly can be stressful but adopting a positive approach rather than thinking over the loss every moment can be very helpful.

nirmalakk
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June 21, 2018, 07:26:59 AM
 #543

As long as you are not selling you haven't incurred losses. The market value of your holding might go down along the market, but as long as you are not selling you are not losing anything. The best way to handle losses, is just to take it as a lesson, and learn from it. Never commit the same mistake with the same situation next time.
thenameisjay
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June 21, 2018, 07:32:43 AM
 #544

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 just keep on reading with whatever token or coin I can invest on so I can diversify my losses there and wait for the market to go green again. I usually just diversify beforehand before everything falls apart. So better to make sure that when the profit comes, move your assets immediately.

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June 21, 2018, 07:35:59 AM
 #545

In any investment you have to put percent of losses to avoid the expectation abut hard lose so when getting red marks you have to sell your token or whatever and starting again
vduy90
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June 21, 2018, 10:33:59 AM
 #546

that's the benefit of diversifying your money to a lot of coins so you wouldn't just focus on a single coin and you'll get stressed waiting for it to pump, while the others are down you're still confident on making profit on the other altcoins.
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June 21, 2018, 10:44:15 AM
 #547

The education that ever I learn to manage my losses, I will stop my trading or investment and evaluate them.
samuellim853
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June 21, 2018, 11:36:59 AM
 #548

Just have to hold I think, not much you can do about it really, that's why you shouldn't invest too much into crypto.
debopam.chanda
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June 21, 2018, 11:55:18 AM
 #549

Always make a strategy and follow your strategy. I am a trader as well as HODLer. 75% of my investment is for HODLing the coins and projects I like and rest 25% I do trading. Never invest all the money in just one coin, spread your portfolio to 5-6 coins, with majority of stakes in Big boys like BTC and ETH. 10% of investment you can put in the coins which you think are going to be huge, like POLY, PRiVCY, PPI, etc.
DumbLefty
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June 21, 2018, 02:14:40 PM
 #550

Stress for the weak) I'm confident in bitcoin and altcoins. I understand that the price will rise in any case.

enendad
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June 21, 2018, 02:25:46 PM
 #551

My point is very simple. Learn to stop loss and take profit. Don't be greedy. This is the best management method.

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June 21, 2018, 02:26:31 PM
 #552

We must never lose sight that more risks - more profit, and, of course, we need to be ready for the big price fallings.
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June 21, 2018, 02:29:17 PM
 #553

First, don’t be too much greedy, when you are up, get the profit. Up and down in this market are quite normal, so don’t be afraid and try do your best!
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June 21, 2018, 02:33:47 PM
 #554

if u are having losses in ur portfolio then u need to wait for next pump nt to sell in losses selling in loss is nt adviseable nt all market will recover losses are temporary
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June 21, 2018, 03:39:20 PM
 #555

You will be more stressed if you think too much about the loss. The result you will get sick. My advice stay calm, do not be too thoughtful. Must move on. Learn to accept defeat because in the investment will definitely experience it. And most important is patient. Convince yourself that you will get it back.
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June 21, 2018, 03:44:14 PM
 #556

The best strategy to manage loses is diversify your crypto funds, for example, buy some stablecoins like Binance coin or Huobi token. They can grow while others fall.
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June 21, 2018, 06:17:56 PM
 #557

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..

actually, you not a loss if you do not sell your amount. you can wait until the price rise again or hold it, even for a long time if needed. and also i suggest you for invest more than one coin, so at least if one coin fall you have other to get profit.

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June 21, 2018, 06:22:32 PM
 #558

If you believe in whatever coins you invested in, you can average out the cost a bit lower by buying more at the depressed prices. Or diversify can help too.

But it's not an actual loss until you sell, like others have mentioned. I wouldn't sell at a loss in order to buy more coins to diversify, unless you have a really high confidence in a profit...  have to time a pump just right, and that's no sure thing.
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June 21, 2018, 06:24:36 PM
 #559

how to manage losses? The best way to manage lost is to sell a coin or token which you know that it does not have potentials for growth, if I know that the cryptocurrency that I am holding is a good one I will hodl it I would not sell it.
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June 21, 2018, 06:51:16 PM
 #560

Losses are part of trade but being rational trader must use technical skills to reduce the losses.If market going down and you have capital invest in different more coins and hold with patience,coins will hit on top your losses will recover.
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