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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
Sergio444
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May 29, 2018, 01:21:30 AM
 #121

That is a thoughtful idea but when it comes to issues of money and investment, you dont have to loose before you plan. Dont also plan to loose. the points outlined are very laudable but you can also perform SWOT analysis. it is very helpful.
ethereumhunter
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May 29, 2018, 07:22:28 AM
 #122

Losing is part of investing and investing has part of losing so there's nobody can differ from this.
But losing Most of money maybe for me its a deliberately and inconsiderate because you were not doing enough method to regain the losses

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.
But were not talking just trading here,theres an instance that holding is involved too if you choose wrong coin to hold

If you lose much money on either trading or investing then something is really wrong. Yes there is no guaranteed profit in this kind of market but if you are knowledgeable enough about investing and trading profit must come to you. People usually give up easily when they incur some loses, I advice not to do that and just keep on learning. Invest and trade at your own risk and don't depend to anyone.

actually, the more losses that we get, we should learn something from that losses because I am sure that there are different losses that you get so you can get many lessons. but this will not give you something if you cannot learn from your losses and you only get another loss. when I lose money in trading, I try to stay calm first, thinking for a while why the losses happen, find a way out from the losses although this is the difficult way that I can do, I will do this so I can slowly recover my losses.

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Bitcotalk
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May 29, 2018, 08:00:10 AM
 #123

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
Well when you have lost almost all your money, you need a break and study about what went wrong and why did it go wrong. Rethink about the decisions you took when the market was red. You now know the disadvantage to panic selling which cost you almost all your money.

Learn the basic things about the technology and market and don’t try to be hurt when the market is red. You never loose anything if you do not sell so better keep holding until the market pays off.
Experia
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May 29, 2018, 08:04:13 AM
 #124

aim it and achieved it, if you know how to earn bitcoin then it is not impossible for you to have a 2 btc within a year, if you know how to trade then you can earn it. dont go to gambling because there is a high possibility for you to lose some of your money.
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May 29, 2018, 08:23:15 AM
 #125

Sometimes after we experienced losses we forget our goal and even hard to set ourselves back to what we already started. When I was started and not immune to those things I tried to leave for losing so much which I cant afford to lose hence I cant accept the reality that my hard-earned money were gone. But then those failure gave me the motivation to move forward and try again, now I can accept whatever the consequences of my action but I make sure im in the right track by choosing the right coins to hodl, sometimes it didnt turn out well but I learned how to handle such scenario and deal with it in a right approach.

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May 29, 2018, 08:41:05 AM
 #126

nearly every trader will face a big loss in their career.
how to bounce back after a big loos isn't complex,only step by step are required.
what is difficult is repairing the mental damage done,especially the damage to confidence,while confidence i s blinding,successful traders have enough confidence that they're not trading with fear,because fear is also blind
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May 29, 2018, 09:00:50 AM
 #127

which I will do when I lose a lot of money because my trading is better to close the market and try to self-correct. because I see definitely the mistakes created should I can avoid.

kaizerblitz
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May 29, 2018, 09:10:27 AM
 #128

All i learn when i lose my money i always said to myself there more blessing to comes and for me losing in crypto is just like losing in a gamble. Just be patience and every mistake is learning you have to develop.
tuljan
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May 29, 2018, 11:55:13 PM
 #129

All i learn when i lose my money i always said to myself there more blessing to comes and for me losing in crypto is just like losing in a gamble. Just be patience and every mistake is learning you have to develop.
The problem is when  you're a slow learner.  Grin
It's painful when you're learning from your mistakes but that's the best way to learn.
hisuka
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May 29, 2018, 11:59:34 PM
 #130

which I will do when I lose a lot of money because my trading is better to close the market and try to self-correct. because I see definitely the mistakes created should I can avoid.
Good for that you have avoided the problem may arise. When losing money the most thing to do is to move forward and learned the mistakes. Learned those points that you have a lack of knowledge so in the next time you can gains good.
putrii
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May 30, 2018, 06:17:13 AM
 #131

which I will do when I am when I lose a lot of money I will write down all the mistakes I experienced when I lost that much asset, I try to remember and try not to repeat the mistakes I've made.
duc4487
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May 30, 2018, 06:38:51 AM
 #132

People said no risk no gain, but before that, we have to patient. After losing most of money, you have to learn from your mistake. List questions about what cause your failure, it'd better have some partner to help you figure the reason you failed. And the owner of this thread is right, you should also have a list of question about your future.
ondabeat
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May 30, 2018, 07:58:24 AM
 #133

You have to start wandering the market (in exchange) and start staring at the chart for a long time and try to analyze what's going on in the market, and also you should always know that markets are different from each other. for example what works for a stock does not always work for bitcoin and does not work for altcoin.
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May 30, 2018, 04:21:00 PM
 #134

I would always prefer introspection if I am losing any money whether in trading or anywhere else. If possible, I would try to figure out the list of mistakes that I did which resulted in losing money and will take the help of experienced people who have gone through the same situation before so that I can learn from it. I believe that a loss is not a loss if we are learning something new from it.
micleeiu398
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May 31, 2018, 06:11:59 AM
 #135

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.
Once you have decided to go for trading, then you must keep this thing in your mind that this is not at all an easy thing to do and that there will come so many occasions when you will feel like that you have lost all your money and that you are not left with anything in our pocket. Even in such situations, you must stay confident and that you need not to lose hope and that you need to keep your nerves under your control.
jeepuerit
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May 31, 2018, 08:10:06 AM
 #136

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
 

Most of all just important, when Bitcoin crashes, lots of altcoins come down, 1. invest, need to invest first, 2. values, need to know how to wait even when the coins go down, because the coins are increasing year by year.
BitHodler
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May 31, 2018, 08:25:43 AM
 #137

and will take the help of experienced people who have gone through the same situation before so that I can learn from it.
It makes no sense to me to ask others how they have dealt with their situation, because everyone has its own way of dealing with it. Advice is fine, but the fundamental basis to solve problems has to come from you.

You have to make sure you can solve your own problems instead of relying on others, which might even work against you if you taking things for granted that you see as good, but aren't good in your situation at all.

Self improvement is the most important aspect of life, where in most cases common sense is enough to help you through everything. We think we need help from others, but we really don't.

I believe that a loss is not a loss if we are learning something new from it.
Absolutely.

BSV is not the real Bcash. Bcash is the real Bcash.
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May 31, 2018, 09:23:03 AM
 #138

anti gambling therapy

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May 31, 2018, 12:19:35 PM
 #139

which I will do when I lose a lot of money because my trading is better to close the market and try to self-correct. because I see definitely the mistakes created should I can avoid.
Good for that you have avoided the problem may arise. When losing money the most thing to do is to move forward and learned the mistakes. Learned those points that you have a lack of knowledge so in the next time you can gains good.
In the sense where one is actually losing money, at that moment, it is best to always sit back, because there is something one is obviously doing right and which one should always learn from just like you said.

The worst thing is to want to go on and keep trading most of the time, but as long as you are able to realize your mistake, inculcate it into your future trades so they do not repeat themselves, the more one gets better and more confident. Being patient after a loss, calming down and reflecting on the trade is very important and the reason why it is even good to start with paper trade first.

Trying to build experience and it is all these mistakes that one learns from that makes up all those experience. Learn from the losses, do not rush to start thinking of a way to recover those losses, see how you can do things better next time by looking at your mistakes, and take better chances next time.
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May 31, 2018, 01:29:13 PM
 #140

in trading there will be and never experienced losses because trading has a high risk and needed good knowledge to reduce risk and do the right thing to get profit, if we lose money then we should be able to learn from the mistake and not repeat it
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