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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
Cryptocoinbob
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June 05, 2018, 03:40:52 AM
 #201

What you should do when you loose most of the money ? It depends on the individual... If I am confident, I will start all over again because I will have confidence
sakokinak
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June 05, 2018, 07:15:55 AM
 #202

Mistakes are routine life in trading, so getting dissapointed due to these things is completely meaningless and might lead to losses more, if you keep on worrying about past disappointments
When you failed and losses most of money, the best things to do is review. Know why you failed and learn from it. Don't stop and try again.

Besides it, it is better not to sell anything when you feel you can lose the money you have. Take a break - go somewhere, for instance. Do not be in a hurry to get rid of the cryptocurrency you own.
JPage
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June 05, 2018, 08:38:13 AM
 #203

Ohhh, this is a hard question, but I would like to say that you can always earn some etra money so dont be desperate about that
CJPEREZ
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June 05, 2018, 09:17:57 AM
 #204

When you lost most of money the best thing to do is learned from your mistakes and don't do it again. You have to review more information about trading watch videos on youtube starts to the basics like how to read charts and candlesticks but remember invest what you can afford to lose. Invest small and practice trading
ironman2014
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June 05, 2018, 11:39:02 AM
 #205

American react differently but I would suggest you to understand and remember that money is one of the most renewable resources that we can have

ordeath
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June 05, 2018, 12:32:37 PM
 #206

Usually I used to cry sometimes then I used to be very angry at myself but then some time passed and I keep calm and continue to trade on
beezare
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June 05, 2018, 01:04:56 PM
 #207

before trading then we should know about the risks and if we lose money then it should stay calm and correct what mistakes we have done so we will not repeat the same mistakes, learn from experience
Valzzz005
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June 05, 2018, 01:22:09 PM
 #208

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
 


Uf you losses money there is nothing you can do about it because that is already gone but dont bear with your loss because you can win in another game by taking all those losses as a part of your life lessons and because of that you learn from your mistakes and never do it that again. Because you already know the cause of your loss so that means in the next tume you will do it you will do it the right way and that will cause a winning and a money of course. Do not let your emotion leads on in this mot gonna help.
beerlover
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June 05, 2018, 03:29:08 PM
 #209

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.
There has been no one who tried trading even after learning that one way or the other will not make some mistakes which is the reason why it is necessary not to be in a haste to get rich with trading and try with something one can afford to lose first so as to wade off any form of emotion and learn from mistakes. They will happen in the first few months or years of trading depending on each individual but how you learn from it is all that matters and what will make you a better trader.

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CryptoCoinArbitrage
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June 05, 2018, 05:46:35 PM
 #210

Only a stupid trader do not learn from his  mistakes. When You lose money You have to analyse what went wrong .
Try to forget about the loss as  You know that everything is happening with reason. Make changes,
set a new strategy , stick to it  and execute it with discipline.
Qungis
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June 05, 2018, 05:49:35 PM
 #211

Perhaps you should conclude that you should no longer go to this casino with big money and in general, you should leave Las Vegas.
biznes35
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June 05, 2018, 06:15:03 PM
 #212

Trading is a specific business and it doesnt fit to everyone. I lost a lot of money in the beginning of my way, but it was not tragic for me. I was just interested. That`s why i got a success. Those who has no interest should leave.
Visbay
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June 05, 2018, 11:14:35 PM
 #213

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.
It is not good to be discouraged at your first fall, it happens as it is our life we will see a lot of high and lows, life never ends sometime you will have to gather your strength and stand up to restart, bitcoin investment never end it makes life sometime we lose a small with our carelessness and our low determination so I think it is good to trade once again with experience as now you will earn more for you know your mistakes that should not be repeat once again.
Opnsrc
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June 06, 2018, 04:03:33 AM
 #214

I invested more altcoin especially when i'm lost all the time i did not sell my coin in a loss i rather hodl it for a long time. Do let your emotion to take control.


Yes, man, when you feel that your altcoins are going down, you should be enough wise not to sell them. Just stay very patient and go on holding your cryptocurrencies. The time, when you get your money back will come.
KingdomHearts
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June 06, 2018, 05:10:25 AM
 #215

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.
Recovering from what all you have lost in your is a great lesson to learn and that this takes a lot of time for you to learn any such thing. Once you get into this field practically, only then you will be able to learn the techniques which can then help you in better earning. all you need to do is to hold your nerves patiently at such times and that do not make any such move which can add further worries.
JPage
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June 06, 2018, 07:46:36 AM
 #216

After I accidentaly lost my 80% of money I have struggled a lot, but ultimately I have returned all of that with some time passed, so...
Tiksi_Bay
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June 06, 2018, 09:45:28 AM
 #217

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ethereumhunter
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June 06, 2018, 11:10:23 AM
 #218

After I accidentaly lost my 80% of money I have struggled a lot, but ultimately I have returned all of that with some time passed, so...

you did a good job to recover your losses. I agree with that if we can struggled and still tried and never stop, in the end, we can recover our losses and we can get our money again. I am sure that we have time to recover and don't ever think that once we've lost, we cannot make another profit. just be sure that the profit will come to us again if we still try.

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June 06, 2018, 11:53:47 AM
 #219

Only a stupid trader do not learn from his  mistakes. When You lose money You have to analyse what went wrong .
Try to forget about the loss as  You know that everything is happening with reason. Make changes,
set a new strategy , stick to it  and execute it with discipline.
Yes that is the best and right thing to do. Don't just stop because you loss. Experiences are the best teacher so if you loss this time try another way to improve it. Evaluate first before you apply so that positive result may happen.
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June 06, 2018, 12:36:07 PM
 #220

it seems like I will do when I lose enough money then I will contemplate and will correct myself, after which I record all my mistakes that make me a loss so much and as much as possible I not to repeat the same mistake.

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