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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
5ensei
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June 02, 2018, 09:18:41 AM
 #161

You need a strong mind to deal with the losses, something we have all experienced in crypto. However, as long as you don't sell you will not lose. Doubling up when it hits the bottom will minimise your losses and perhaps even help to make minor gains. This is good for psychological purposes.

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victorski
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June 02, 2018, 09:48:05 PM
 #162

When I loose mine, of course this is always a struggle and pain, but anyway I recover quickly and start over my job here
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June 03, 2018, 12:45:59 AM
 #163

I like this 5step,its look like mission vision on our self to be successful traders.it's really help to motivate us to trade more and more even if we lose profit.instead of stop trade we continue to trade because we have a goal and needs.
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June 03, 2018, 12:57:17 AM
 #164

When I loose mine, of course this is always a struggle and pain, but anyway I recover quickly and start over my job here
Yes, it would be painful. And if ever that it will happen to me because of lack of security, I will be more careful and more secure in regard to my account so that, the risk will be lessened.

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June 03, 2018, 01:53:56 AM
 #165

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
 


What should you do when you lose money? for me if you're willing to return your money to try to get it back you do go ahead and keep things done and trust yourself that you can do it
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June 03, 2018, 06:32:22 AM
 #166

If u loose most of the.money then start buying coins at dip when ever u see opportunity
Pattart
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June 03, 2018, 07:17:43 AM
 #167

While there is much focus on making money in crypto trading, it is important to learn how to avoid losing money.
My opinion is the same as yours. A person should be more aware of what he should not do instead of what he should do. I think, this way he will be safe at least. In order to stay away from loss, reason behind them occurring must be dug out first. 

Trading is a difficult profession but cryptos trading is even tougher to handle due to its volatility. Even a bit of carelessness or lack in knowledge can make a trader suffer a lot.
Yeah you right. because their goal is profit so they will focus on one thing that is profit. but the risk can happen anytime. let alone price conditions that may be very different from your calculations. the mindset of the trader is not made to avoid losses but to gain profit. just as the market conditions are in bad position. most traders maybe not stop and break because of the greater risk of seeing the market conditions are very chaotic. but instead goes for trade. it's one form does not avoid loss
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June 03, 2018, 07:45:14 AM
 #168

When I loose mine, of course this is always a struggle and pain, but anyway I recover quickly and start over my job here
Yes, it would be painful. And if ever that it will happen to me because of lack of security, I will be more careful and more secure in regard to my account so that, the risk will be lessened.

there is no other way that we can do after we losses most of the money besides to rise up and learn why we are losing our money. we can analyze the cause of that lose so we can know what should we avoid or prevent in the future. I admitted that it's painful but we don't have to be sad in every day because we need to survive for our future if we still want to make money and recover our losses.

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semutracing
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June 04, 2018, 03:03:24 AM
 #169

to be able to get 2 bitcoin in this year I think you should have the expertise to be able to see the appropriate coins in buying and selling. You will be hard if you do not have a lot of capital and that I will do when I lose my money because of my mistake in cryptocurrency because I can not control my emotional state then I will improve myself and try not to repeat the mistake that happened
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June 04, 2018, 04:35:06 AM
 #170

You need a strong mind to deal with the losses, something we have all experienced in crypto. However, as long as you don't sell you will not lose. Doubling up when it hits the bottom will minimise your losses and perhaps even help to make minor gains. This is good for psychological purposes.
Yes some time even if you have a strong mind and having good strategy still you can lose a lot of money, because of your back luck, but it should not make you week, you need to change your strategy and planning and should continue your struggle, we should try and try again, but should not quit it up.
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June 04, 2018, 04:36:41 AM
 #171

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.


Thats right. We must first learn to accept our losses. Although it is quite difficult to accept it because we are blaming our selves that what we did is a wrong thing thats why we lose money, we have to accept it. From there we start , we again begin our life bringing the lesson of yesterday. Life does not stop. Go with the flow. Life is like bitcoin, if is it not up then it is down.

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ivandu
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June 04, 2018, 04:43:36 AM
 #172

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.


Thats right. We must first learn to accept our losses. Although it is quite difficult to accept it because we are blaming our selves that what we did is a wrong thing thats why we lose money, we have to accept it. From there we start , we again begin our life bringing the lesson of yesterday. Life does not stop. Go with the flow. Life is like bitcoin, if is it not up then it is down.
go back and get relax for  a while.it sounds good for our mental , psychology.we need to learn more and more about analisys.no one get their success story just in one step.they need to bloody before they get what they want.
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June 04, 2018, 04:44:01 AM
 #173

when you lose most of your money then you have to start a new business with partnership so with partners you can gather some money to start a good business now a days altcoin trading is good and profitable.

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June 04, 2018, 05:36:48 AM
 #174

Losing money is normal especially if you're an beginner in trading , Mistakes will be your stepping stone to succeed someday and the recent mistakes you've done is one of the way to be an expert in crypto and when i lose money i don't give up cause giving up is for losers.
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June 04, 2018, 07:01:25 AM
 #175

You need a strong mind to deal with the losses, something we have all experienced in crypto. However, as long as you don't sell you will not lose. Doubling up when it hits the bottom will minimise your losses and perhaps even help to make minor gains. This is good for psychological purposes.
This is probably one of his biggest losses in this failure, but hopefully he'll forget them and start over, drawing on many successes for the next time, Do not hurry to leave them midway for fear of failure next time, stand on your feet and trust in him. Good luck to him.
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June 04, 2018, 07:14:46 AM
 #176

If you lose money on trading, then it is only your fault becuase of buying at a bad time of the market. If you lose, it is entirely upto you and it is only your fault. Came on, there is no way to always earn.




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DonateBB
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June 04, 2018, 07:48:02 AM
 #177

to be able to get 2 bitcoin in this year I think you should have the expertise to be able to see the appropriate coins in buying and selling. You will be hard if you do not have a lot of capital and that I will do when I lose my money because of my mistake in cryptocurrency because I can not control my emotional state then I will improve myself and try not to repeat the mistake that happened
But he may be very sad now. But I hope he will stand up for the first time, and everyone will stumble, but successful people will always stand up and go the way they have chosen, and the losers often will stop and complain.
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June 04, 2018, 07:48:45 AM
 #178

I like what you have stated about the 5 steps for financial profit. It is very helpful because it let me keep myself on track. It is hard to recover from a big loss. Sometimes when you've experienced a big loss, you become so greedy and so eager to earn yet end up getting much bigger losses.

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June 04, 2018, 08:10:13 AM
 #179

I know it's not easy to forget when if you lose a money especially when it is most of your money. But for me I'll try to move on I'll try to forget that even I know it's not easy and I look for another opportunities.  Just hard working I can get back what I loss be positive and be patience.
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June 04, 2018, 08:27:38 AM
 #180

trading is one of those things that you have to spend a lot of time learning it. people keep saying "buy low sell high" like a chant but they don't understand it and that's the problem. it is very easy to learn too but it takes time. you have to start hanging around in the market (on exchange) and start staring at the charts for a long time and try to analyze what is happening in the market.
and also you should always know that the markets are different from each other. for example what works for stocks does not necessarily work for bitcoin and it doesn't work for altcoins. each of them require a different set of experiences to deal with their specifications.
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