What you should do when you lose most of money?

[OlgaFS]

Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a  category of traders does not accept these losses.  Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses.

In fact,  the first and most essential thing to surpass the loss is "The acceptance of the truth"  and then you have to  " deal with it " in a good way.

Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all.

These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan)  :

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
Step 2 : What is their  importance to me? ( Value )
For example: It is important to me because I am poor and I want to help my family in many things.

Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )
..
..
Step 4 : What prevents me from achieving it? (Obstacles)
For example: time,  unexpected event, the fear , weak of self confidence...

Step 5 : How do I know that I  have achieved the success? (Measurement)
For example: ..
..

When I see 2 BTC in my wallet before one year.

 Good luck to everyone .
 

I think you need to validate your trading strategy

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[The Cryptologist]

If it happened to me, I will find a regular job and start my life again. It would not be good going back to trading or investing when you are not financially stable. You will just drag yourself with most probably the loans that you are planning to take. I will take a break from that mistake and reasses if it's for me or not.

[Malamok101]

If it happened to me, I will find a regular job and start my life again. It would not be good going back to trading or investing when you are not financially stable. You will just drag yourself with most probably the loans that you are planning to take. I will take a break from that mistake and reasses if it's for me or not.

That's a good advice and start to forget those problems happen in your life because lot of people always loss in trading and don't know how to start up again with lossing all of their funds.

[TradingIsBreath]

Study more, do paper trades, do analysis of your paper trades. Ask if you are looping in similar mistakes while trading. DON'T TRADE WITHOUT A TIGHT STOP LOSS. Have your own strategy which is tested by you and do not even trust on your strategy HAVE STOP LOSS.

 

[fibrolit]

To the loss of money was not so strong, you need to distribute your capital in several directions and it will help to quickly make a profit to eliminate the minus

distributed or diversify our money into several coins or place make us more secure when suddenly market crash.some of our portofolio in loss, and some of them get profit.so it will be equall in total.

That's right. And it is better to trade on coins with a small capitalization in long,and with a large capitalization-in short,literally with a profit of 0.5-1%.So there will be less losses.

[Anco_Marzio]

I think that lot of people here ask the same question....

[glowing10]

If it happened to me, I will find a regular job and start my life again. It would not be good going back to trading or investing when you are not financially stable. You will just drag yourself with most probably the loans that you are planning to take. I will take a break from that mistake and reasses if it's for me or not.

That's a good advice and start to forget those problems happen in your life because lot of people always loss in trading and don't know how to start up again with lossing all of their funds.

personally i will not give up when i loss some of my money.maybe i will take a rest for a while and improve my trading skillls,so in future i will not repeat my mistake and could earn profit to recovered my loss.

Trading is really a good job and provided if someone can learn and acquire the skills can help them to earn money on daily basis and that too with so many crypto coins one can invest in widely coins and mint money from it.

[akram143]

If it happened to me, I will find a regular job and start my life again. It would not be good going back to trading or investing when you are not financially stable. You will just drag yourself with most probably the loans that you are planning to take. I will take a break from that mistake and reasses if it's for me or not.

That's a good advice and start to forget those problems happen in your life because lot of people always loss in trading and don't know how to start up again with lossing all of their funds.

personally i will not give up when i loss some of my money.maybe i will take a rest for a while and improve my trading skillls,so in future i will not repeat my mistake and could earn profit to recovered my loss.

Trading is really a good job and provided if someone can learn and acquire the skills can help them to earn money on daily basis and that too with so many crypto coins one can invest in widely coins and mint money from it.

also

When I lost my profit in this field I will not be panic at that situation because panic will make you more afraid from cryptocurrency field and it leads to no more money so forget that situation and do the next process will be the best good idea and it will the right way also.

[radjie]

a trader who cannot accept the risk of loss even when he experiences losing a lot of money and feels stressed thinking about it means that the person cannot fully understand trade in this field. experiencing the risk of losing the money we have in the cryptocurrency trade is very reasonable and it is commonly faced by real traders because basically the cryptocurrency market price movements are very easy to change so fast, therefore we must be able to face the risks that will occur. but to be able to achieve what we hope for, of course we must strive to continually correct the mistakes we have made and change the trading strategy to be more careful in making decisions

[karloscimot]

I agree, losses is part of us as a trader or investor we cant always win and earn by trading. To be more professiinal big losses is in there, i guess every pro here is experience this failure. But accpeting the truth will strengthen our mind to be more accurate on trade. Thinking that i want to eanr more to fullfil my losses. I want earn 2 btc. Be optimistic in life and we will reach our goal someday

all of our losses can be a challenge for us.
 because all trades have risks that are commensurate with profits, so losses for us can make us be more thorough and always careful in moving.
we can take an important lesson from the losses that have occurred because this can make us able to benefit in the future.

[Greed Dev]

I have read many books about these rules and it is only written and it is theory. I have never seen a trader read many theories and become successful in an early period.
In the crypto market, trading is pressure and we need to get used to it a lot. We should practice with small amounts and that will be very helpful for your future.
Anyway, these are very good advice and we should memorize it before practicing.

[Sum24]

I agree, losses is part of us as a trader or investor we cant always win and earn by trading. To be more professiinal big losses is in there, i guess every pro here is experience this failure. But accpeting the truth will strengthen our mind to be more accurate on trade. Thinking that i want to eanr more to fullfil my losses. I want earn 2 btc. Be optimistic in life and we will reach our goal someday

all of our losses can be a challenge for us.
 because all trades have risks that are commensurate with profits, so losses for us can make us be more thorough and always careful in moving.
we can take an important lesson from the losses that have occurred because this can make us able to benefit in the future.

For sure if once you had lose does not mean it’s your life time experiences infect you should stand up and turn your face toward trading with new dignity and motivation.  You will have to admit that if you lost something it’s only Because you did some mistake and for the next try be more careful and don’t repeat the same this way you can recover the lose you suffered in first attempt.

[Pattart]

If it happened to me, I will find a regular job and start my life again. It would not be good going back to trading or investing when you are not financially stable. You will just drag yourself with most probably the loans that you are planning to take. I will take a break from that mistake and reasses if it's for me or not.

That's a good advice and start to forget those problems happen in your life because lot of people always loss in trading and don't know how to start up again with lossing all of their funds.

personally i will not give up when i loss some of my money.maybe i will take a rest for a while and improve my trading skillls,so in future i will not repeat my mistake and could earn profit to recovered my loss.

Only desperate people will give up because of losses. we must think that loss is a certain risk, all traders must experience it. Don't just because your defeat then you stops, that's your chance to get more knowledge because you will know the reason why you lost..

[Akoldi_ibk]

Study more, do paper trades, do analysis of your paper trades. Ask if you are looping in similar mistakes while trading. DON'T TRADE WITHOUT A TIGHT STOP LOSS. Have your own strategy which is tested by you and do not even trust on your strategy HAVE STOP LOSS.

 

I love the way you stressed the words 'stop loss.' Stop loss is a great tool and it always come in handy in tight situation when properly put in place. Also I agree with you on owning one's strategy. What works for other person might not work for you. So, it is important to develop and know, stick and try out one's personal strategy.

[lamadu3]

If this experience becomes a very good lesson for you, it is great. In case, when you repeat your mistakes, you should better think it over: probably, trading is not for you?

[sedahan13]

Take holiday and refresing is one of the way to avoid stress from losses in trading. After that learn more about all mistake in trading and create more good strategy for trading later. We are not loss until we sell it, so we still have chance to recover loss by waiting next bull market. Keep patient is become others factor that will help us to recover loss.

[yanesna3]

Sometimes, our losses do not depend on the mistakes that we do. For instance, when we were investing in the crypto last winter we could not guess the market fall.

[kidoseagle0312]

After losing money or value we should leave them as it is because we cannot able to sell them for loos. My opinion is a very good time to research the other coins potential which will help you to invest in them in the future. We cannot keep on watching the market for the increase because when the market starts recovering the prices will surely increase.

well, sometimes it's quite painful to see prices so low on a coin that we hold, it's better to hold it back than sell it. I also do this until now. I am still convinced that the potential price of the altcoin can be higher.

That's right, but in the reality most of the holders especially in altcoins majority of them are getting panic when they see the price value is getting dumping were they are always controlled by their emotions which it leads them to sell their coins were in the end of course loss of the coins. So I am agreed instead of selling it much good to hold it more at least there is a big chance in the future to recover your loss.

[emrick89]

if we are losing money its beter to take a brake and watch the markets coins and study and see how pro do it

[juragane]

Well most of us experiences losses, there is always a negative outcome when we lose, but it is up to us on how are we going to deal with especially with stress and anxiety, large amount of money is not a big joke to lose. We can lose witu just a click. So reminders set a realistic goal and educate yourself.

if we are not ready to trade then if we feel loss then we will feel stressed, so if we are not ready to lose money then do not trade if we do not master the trade, if this has happened then we must rise again to the next trade, but we only use residual money or not owed money. the core of a trader is not to give up because there is the strength of a trader, we all know the risk of crypto currency trading which is a very large profit opportunity but the risk for loss is also very large.