What you should do when you lose most of money?

[btc-facebook]

First, you must brace yourself that crypto trading is not easy as it looks.
Second, if you able to overcome the risk then you will gain the result.

For example : on 2009 , it's easy to earn 100 btc in 1 day but it's impossible for current year ( for new trader )
If you can afford to loss , you may earn and loss without being expected so beware !

[tanghere02]

What I do when I lose most of my money is that I dont look at my portfolio instead I try to see if I have some extra cash to buy coins and have my investment diversified again so I would have lesser losses. I just dont sit around and wait for a miracle to happen.

[BobBct]

For me it's hard but it can be alright because when it comes to trading it's normal if you loose in trading. but it's not normal is you always loose in trading there's a difference.

[futuret]

Learning from your mistake as some other people here in this forum recommend to me it means you have already fail. I will advise you to learn from other people's mistake and in doing that you will see positive progress in your trading career despite the fact that one cannot completely deviate from lost in trading crypto currency.

When you lose most of your money if invested in a currency that may be cryptocurrency and as well as the fiat currency but the situations are the same and that does not mean that the money source can be a specific one but can be anyone. We have to look into this issue regardless of the source in which loss and profit exists. A person when lose money should learn from the wrong decisions and to proceed forward with accurate and guiding principals.

[Monnt]

Very well said, I agree. Thank you very much for sharing your ideas. I will use thise strategy as I explore this cryptocurrency. And as an additional, remember that failures and loses will make you to develop yourself better than before.

Loosing money is not the end of your life. Educate yourself about the technology you have been investing in and start again. Invest for long term because there has been a very consistent and steady rise in the value of for example Bitcoin for the last few months and when you hold for long, your per unit percent profit rises as well. Business is not all about the money, it is just about the mind setup you have and making the right move in the right time.

[Ronaldobaban17]

Potential lose and gain in trading is normal, When you trade,the first thing you must know is the situation of the market. wich coin has a great trading signals. In my experience when im doing trade is i am always looking for token that is new listed in particular exchange, because fomo is always happening in the new listed coin. In that case you can do scalping method, it is proven for me i am gaining profit in that way. if you want not to lose that much you can set your own stop lose. Lastly,patient is the most important in trading.

[Dr.Osh]

Very well said, I agree. Thank you very much for sharing your ideas. I will use thise strategy as I explore this cryptocurrency. And as an additional, remember that failures and loses will make you to develop yourself better than before.

Loosing money is not the end of your life. Educate yourself about the technology you have been investing in and start again. Invest for long term because there has been a very consistent and steady rise in the value of for example Bitcoin for the last few months and when you hold for long, your per unit percent profit rises as well. Business is not all about the money, it is just about the mind setup you have and making the right move in the right time.

you are right. losing money from trading is a risk of trading itself. when that happens, I think we should just try to be patient, and accept it. we just have to be eager to achieve the previously failed targets.

[Kunlejoe0]

Everyone experiences loss at one time or the other. If you trade cryptocurrency daily , monthly even occasionally, you should know that loss is part of trading and you should plan to mitigate and reduce your exposure to loss!

[Ems30]

Potential loses is part of successful trading and if you professor is trading then you should be ready to lose money. Many people did not know that for you to succeed you must taking a very serious risk and risk is a two way things and that is you either succeed or you fall. You should have this in mind first before ought for investment and if you lose all it is not your life you lose.

Well if it done then it done because we can't do anything to bring it back. When I first experienced this lose of my most money of course it was disgusting, I feel hopeless and I don't know what should I do to make up on my lose but then I'd still believe that I can do anything to make up on it and try to get what I lost.

Although in the name of trading and investment are risky to task , because there is no guarantee that you'll win ,for the first time  ,,because loses or win  its part of the game when you play,( specially in trading market or investment from decentralized money,)But the essence of thinking always positive the are most important thing to set our mind when we loses a huge of money..because its only one thing to move on in the past and start from new life and perspective..

[SportsbookBettor]

I think everyone had experience losing money in trading in the past and what i observe especially with my friends that are new here in crypto is that they quit trading and they think they can't do it. But i think how can we learn here if we don't experience from failure. We need to learn first and stop whining that trading is just a waste of money and time. We should accept learnings here and try to use it as advantage in the future. After we learn then maybe we could earn like what others had thought me.

[kipo]

I think consider your attitude to trading, set new goals and achieve them taking into account all mistakes that you have done previously. To my mind, this is the best possible problem solution because there is no point in being depressed

[ELEL_ELEL]

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 .
 

If l lose more money maybe l should trade so that l will get it back.l really have to get it because l need it for the future of my kids.l have to save for their future because lm not on their side forever.l have to save money for them so every lose coin l have to get it back.

[drachman]

I think everyone had experience losing money in trading in the past and what i observe especially with my friends that are new here in crypto is that they quit trading and they think they can't do it. But i think how can we learn here if we don't experience from failure. We need to learn first and stop whining that trading is just a waste of money and time. We should accept learnings here and try to use it as advantage in the future. After we learn then maybe we could earn like what others had thought me.

The attitude of your friends is without a doubt mistaken, it is very rare that anyone is any good at any activity when you are just starting out, most of the time you are going to suck, you are going to be terrible at it but you need to keep practicing, if you really want to become a talented trader you have no option but to keep trading, those that give up at the first sign of trouble are never going to become good at anything.

[herurist]

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 .
 

Close your laptop/ PC and leave the market, take time for vacation. That's what I do when loss become mine, in this situation I can't think anything right and if I push my self, all my decisions will become disaster. Mostly I agree with your post, to recovery our mind and asset also need time. Enjoy the journey and never push to hard. 

[BagzMM]

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 .
 

Yeah,strongly agree on this, before investing something you already know what are the consequences. And loosing is part of it, that is the reality in a trading. Acceptance is one way of motivating yourself to move on. Learn every failure and don't give up!   

[NavI_027]

To be honest, I will understand a particular person if he decide to quit after a devastating loss because that's a natural response of a human. Even if we advice him to follow the steps you suggested, his mind will not accept it easily since fear and frustration already come into him.

Actually your steps are quite nice, maybe I'll say it but  will not definitely push it into someone who lose a lot because I know that he is still hesitant and confused. Hence, I will advice him to take a break first, give him plenty of time to analyze his mistakes and let him be the one who provide solutions for it (with my advice of course). And when he already recovered then he is now ready to back on track as a wiser person.

[EdenHazard]

Very well said, I agree. Thank you very much for sharing your ideas. I will use thise strategy as I explore this cryptocurrency. And as an additional, remember that failures and loses will make you to develop yourself better than before.

Loosing money is not the end of your life. Educate yourself about the technology you have been investing in and start again. Invest for long term because there has been a very consistent and steady rise in the value of for example Bitcoin for the last few months and when you hold for long, your per unit percent profit rises as well. Business is not all about the money, it is just about the mind setup you have and making the right move in the right time.

you are right. losing money from trading is a risk of trading itself. when that happens, I think we should just try to be patient, and accept it. we just have to be eager to achieve the previously failed targets.

Patience and acceptance is not the solution for someone who has lost money when trading. But grieving that his strategy is a very good thing, so he can think not to repeat the loss again. I am not a reliable person in trading, but to encourage a beginner trader who suffered a loss I will be able to overcome it.

[angrynerd88]

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 .
 

Such a valuable information you shared,I add here from my side if you want to losing money dont panic sell and hold with patience.If you have affordability buy more in cheaper price and hold. Keep in mind ups and down part of the market if market crash then market also goes up as well just need to hold with patience till reach the maturity.

[FalcoonRed]

do not regret it keep confident and ever despair because trading in crypto is very risky, maybe today you fail but tomorrow or the day after tomorrow maybe you profit

[Supercrypt]

I think consider your attitude to trading, set new goals and achieve them taking into account all mistakes that you have done previously. To my mind, this is the best possible problem solution because there is no point in being depressed

The first attitude to trading is to take it as a profession and know that there are no way you can ever succeed in any profession without some very good knowledge of what you are doing.

Many people ignore this part and think it is just a child's play where you just hit the charts immediately and start buying low and selling high until they start doing it the other way round based on how they did not do the right thing at first and with this, there is no way they will ever know what to do even when losing money. That makes me wonder what some people believe the stop loss function is for.