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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
$anounimus$
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May 23, 2018, 01:47:24 PM
 #81

when I suffered enormous losses and lost my money then I will do is remember the mistakes I have experienced and try maybe not to repeat the same mistakes and I try to find capital again to be able to trade again.

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geegaw
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May 23, 2018, 01:52:07 PM
 #82

Losses are normal, What i want in trading is to learn and to correct my mistakes, Does'nt matter if I losses but this things serves and eye opener and this is the key to go forward to acquire my goal and to become successful. I won't stop trading.  Smiley
Losing money is probably the first and most essential lesson to help us be able to survive and make money in this world, if we can not face and lose our confidence, we will forever be the losers and can only see others succeed. What we will do is exactly as you say, go forward and go forward, failure will make us mature and soon seek the success we desire, we think more positively on this issue, our lives will have many different angles, we will be comfortable and easy to start again, never bring negative thoughts into a problem, it just pulls us to hell

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May 23, 2018, 02:00:48 PM
 #83

Wow, very nice angle you're taking the issue from. We need to focus and we should also prepare for the unfortunate (this then takes us to your topic). Whenever you're prepared for an unfortunate happening, you'll already know what to do
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May 23, 2018, 02:19:33 PM
 #84

Befpre anything else, if you lose most of the money it is good to have that but that is not the thing you do first it is useless if you focus on that vison or aims. It will always right there for a time that you are losing money think of ehat you can do to make that aims become achievement. Go with tge process of learning.

 
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May 26, 2018, 09:40:49 AM
 #85

I think the most important thing is to be always ready to lose some money. So for me, when im investing in a project or a coin, i also think that the money is lost. So then you dont have to worry and look always on the charts. It sounds weird but if you need the money and you have no patience, its better when you dont invest.
If there comes a situation when you have lost your money, then there is no possible way of bringing that money back. You can recover the loss but for that you need to sit back and figure out the problem because of which you have made this mistake. After doing that, you must learn from those mistakes and that you need to get back into the market with more high ambitions so that you may be able to get back what all you have lost.
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May 27, 2018, 12:28:37 PM
 #86

Losses are normal, What i want in trading is to learn and to correct my mistakes, Does'nt matter if I losses but this things serves and eye opener and this is the key to go forward to acquire my goal and to become successful. I won't stop trading.  Smiley
Yeah, learning from your mistakes and getting over your loss is the right mind set if you're in this crypto trading business.
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May 27, 2018, 12:49:59 PM
 #87

which I do when I suffer great loss, I try to be patient and ask God to replace it with more and more useful for me, because if god do not want then I will get nothing, so everything back to god what will happen to me ...
KesoNie
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May 27, 2018, 01:25:20 PM
 #88

I think the most important thing is to be always ready to lose some money. So for me, when im investing in a project or a coin, i also think that the money is lost. So then you dont have to worry and look always on the charts. It sounds weird but if you need the money and you have no patience, its better when you dont invest.
Since you enter the world of trading especially trading crypto you must already set in your mind that you should ready yourself to encounter those loses because that's what trading is like. Of course it may sounds weird to set in your mind that you may lose but atleast you set yourself ready if ever this would happen anytime.
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May 27, 2018, 01:50:44 PM
 #89

I think you need to accept this and to reconsider the principles you said when trading. I am sure that you need to think which mistakes you have made that your actions led to the money loss
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May 27, 2018, 02:03:26 PM
 #90

Just move on and know what you did wrong and learn from that mistake,
Try to earn again and start over make sure that you wouldn’t repeat your mistakes.

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May 27, 2018, 02:08:35 PM
 #91

I think it's all dances around the goal. If you want success, you just come and take it. And something there to write and hope that everything will turn out by itself - silly.  Cool
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May 27, 2018, 03:32:59 PM
 #92

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 . Smiley
 

Losing all of your earnings is quite a disappointment and painful especially you really put all your time and effort on it, but it also serves as a lesson that trading is not an easy task, it needs a lot of time to understand the basic principles in doing a trade, well if you fail then move on because failure is the foundation of success and as a lesson to learn.
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May 27, 2018, 04:10:01 PM
 #93

Trader means that you will be able to accept these profits and losses, there will be risks. Scamers have to wear in the hands of trading. And then there is loss. Therefore, do not stop trading. You have to go ahead with the risk. And if you get big losses, then frustrating will be a wrong decision. But instead of trying to accept the mind hardly, it is necessary to act wisely. But if you are careful and do not invest all the money.

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May 27, 2018, 04:17:53 PM
 #94

Just move on and know what you did wrong and learn from that mistake,
Try to earn again and start over make sure that you wouldn’t repeat your mistakes.
Yes moving on could really be helpful but don't lose hope again. Start a new in trading but before that learned first make time to gain knowledge so that the next time will do trading you can be win in trading.
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May 27, 2018, 04:24:34 PM
 #95

~snip~
We do have different goals in life and 2 BTC is quite challenging specially when you dont have much capital to start or spend on. I know those targets and reasons why you do really need to achieve but those things would really just act as a motivation but would be useless if you dont do your part or responsibility on investing or engaging into things which would potentially give you out profits. Theres lots of ways actually it would really be depending on how you work hard for it.

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May 27, 2018, 05:28:22 PM
 #96

I don't know what can be done in such situations, except for analyzing what has happened and why it happened to you. I think you need to be more careful and understand what you did wrong. Be less emotional and more patient
mudasarali43
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May 27, 2018, 05:36:27 PM
 #97

I think it's about two stages, If this same thing happens with me, If the market down very darkly but the coins still in my exchange than I hold for a very long term because the market will take too much time to recover the prices and the next thing is I need to control my emotion and fixed a plan that waits until price comes back and I think its best to do because it is good option instead of selling in loss,
OMGyasuo
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May 27, 2018, 07:10:07 PM
 #98

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 . Smiley
 

You can accept the loss, and make another investment. Get acquainted with a lower price and wait when prices go up for sale. Or you can also choose another crypto to invest.

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May 28, 2018, 02:51:55 AM
 #99

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..
The fact that it is risky, most people know how risky it is and still trade without some good knowledge of what they are doing is what baffles me mostly anyway. The rate at which a lot of people end up screwing up their funds and losing so much is because they are nonchalant and they just want to do everything quickly and start earning huge bucks immediately. The fact is, for those who rush into trading, they will always rush out with huge loss at the end of the day and there is no doubt about that.

It is a normal thing to lose some little amount once in a while but how much you lose and your profit to loss ratio is what actually determines. The thing is that a lot of people really do not know how to trade or the basic knowledge to go about it and at the end they end up losing so much out of emotion and panic, when things are not really going their way. As long as you have a plan, you will never lose more than you should and you will always know what to do at every particular point in time.
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May 28, 2018, 04:49:21 AM
 #100

Trading the crypto is at risk of losses. Failure and loss will make you develop better, so trading is not an easy task, it takes a lot of time to understand and learn basic trading principles.
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