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Author Topic: What you should do when you lose most of money?  (Read 5552 times)
bitcoin31
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July 05, 2018, 06:04:49 AM
 #321

Losing money is not good , but it part of the trading because before the trader become successful they will experinced first losing some of their capital. Because they did not know how trading works or what step can follow. I alsp experienced losing money but I did not stop to trade and I earn money now.
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July 05, 2018, 06:27:31 AM
 #322

I have lost a lot of money by holding more than trading so now I am really not sure what to do anymore. I am very confused. If the market goes up 105 then it falls back 505 so am always at a loss constantly. I am currently now seeking to find a full time job teaching if possible in another country to emigrate and will probably only trade or be involved in crypto on a very part time basis as it has destroyed my bank balance. The markets are too manipulated right now.


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doomloop
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July 05, 2018, 06:50:07 PM
 #323

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 should identify first the reason why you lose ypur money, you can easily regain all of your losses if you know what you should improve. You can use your past mistakes for you to grow your investment.
Do agree with you, we should learn more and more with our mistakes because those mistakes and hurdles came to make us strong and experienced, I know having lose sometime discourages people but at that time having patience can help you lose all your fear and get good hope for future, we should hold our bitcoin as much as possible even if the price is high, losing money is not a big deal if it is small amount because it will give you experience for coming future.

Bakemat
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July 05, 2018, 08:12:23 PM
 #324

Losing money is not good , but it part of the trading because before the trader become successful they will experinced first losing some of their capital. Because they did not know how trading works or what step can follow. I alsp experienced losing money but I did not stop to trade and I earn money now.

In my own opinion, the best thing to do i just focus on trading even though you lose some of your coins value because in this way you will still have the chance to get back those coins and earn profit.
South Park
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July 05, 2018, 08:56:47 PM
 #325

If you have lost most of your money when trading and investing this is a clear sign that you are not ready yet to do this, that does not meant that you could never become good at it, but this requires to do a deep analysis to try to identify what you are doing wrong, I will probably stop investing and trading for 6 months and retrain myself again, if I failed once again I will probably reconsider doing something else to earn money in this market.
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July 06, 2018, 09:35:52 PM
 #326

We cannot turn out to be a hit trader if we aren't knowledgeable trader. know-how is simply critical for us to come to be professional dealer. We need to work tough to acquire extra records for us to benefit more strategies and techniques.


In my own opinion, if they lose a huge amount of their coins then they should not stop trading because that loss will serve as a good experience in order to avoid wrong decisions in the future.
It will only be good if they will create a new ideas there to fix it and correct their mistakes. Not all who losses directly quit and some of them never stops but keep repeating what they do while some learn from every experience. That was the difference in wvery traders how they react on losing moneys.
This is nice thinking yes, we should use our failure as best experience to make good decisions in future so if you have lost some money in past don’t be stressed just have patience you will be proud of it later in future, we should try to increase our knowledge so those hurdles will not come across your way, try to increase your knowledge and get a good lesson from your miner lose to avoid big lose in future.
samcrypto
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July 06, 2018, 09:43:27 PM
 #327

Losing money is not good , but it part of the trading because before the trader become successful they will experinced first losing some of their capital. Because they did not know how trading works or what step can follow. I alsp experienced losing money but I did not stop to trade and I earn money now.
Its normal to lose in trading but of course you should maintain your capital in order for you to survive. Losing almost all your money is frustrating, but don’t give up easily try to learn more about investing or trading and start over again. Make your losing experience as your guide and be inspired to do better next time.

drachman
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July 07, 2018, 05:32:56 AM
 #328

I never do panic sell also, times proved that holding is the best solution.
Holding is without a doubt the best option to make money but markets change, holding was incredible profitable in the last year but I think this year is going to be different in my opinion and trading is going to be more profitable than holding since the price is not going to move much so you need to change the position you take in the market, sometimes you need go to long and in others you need to go short.
hastang
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July 07, 2018, 06:15:23 AM
 #329

Stay focus, sit back and relax! Do not worry if you lose you're investment because market will go up again to the top. I have also loss over half of my capital lately, I was panic but then I come to think that market will eventually goes up again so nothing to worry about. I have even ask advise from the community and most of the replies was hold your coin wait until it goes up and sell. Thanks it!
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July 07, 2018, 01:41:09 PM
 #330

I think you should stop if you lose most of the money because you're not fit with it.
If you don't fit with anything, don't even try to do it because that won't make you becoming success.
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July 07, 2018, 01:55:52 PM
 #331

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
 

I think we should not trade anymore if we lose too much money, I think that at this time you should rest, can see that the market in the past days are constantly fluctuating and difficult to guess, can See that bitcoin prices are on the downward trend so at this point the risky transaction will be very high.

I believe you should rest and wait for the market to stabilize again to begin trading.
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July 07, 2018, 03:11:38 PM
 #332

When you see that you are losing money, the rate of your token has fallen, sell it at a lower price, do not be greedy! Buy another altcoin, which is already in a long fall. There is a great chance that you will win back all the losses and even make a profit. No need to grieve, it is necessary to trade!)))
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July 07, 2018, 03:14:36 PM
 #333

there is a time for you to get your money back and make a profit. with the mistakes, you can learn what you should avoid and you can know how you can make a profit. I am sure that you can increase the skill you have and you can do a good analyze the coin in the market too. besides that, with the mistake, you will make a movement with careful so you can prevent another loss.
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July 07, 2018, 03:23:23 PM
 #334

If you lose money, you have to take responsibility for yourself. Because we do not know or meet face to face when entering the digital money market. They are numbers, codes. So when doing the transaction you have to carefully understand the information needed before the transaction.
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July 07, 2018, 03:43:37 PM
 #335

When I lost my most of the money ,then I quite keep and patient. I believe in Allah that He may feedback my money in others way .

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July 07, 2018, 04:33:06 PM
 #336

I agree, losses is part of us as a trader or investor we cant always win and earn by trading. To be more professiinal big losses is in there, i guess every pro here is experience this failure. But accpeting the truth will strengthen our mind to be more accurate on trade. Thinking that i want to eanr more to fullfil my losses. I want earn 2 btc. Be optimistic in life and we will reach our goal someday

Yes you are right, losing a huge amount of money in trading is one of the best experience you can get in order to have more better decisions that will make you rich in the future.
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July 07, 2018, 06:35:53 PM
 #337

I think you should stop if you lose most of the money because you're not fit with it.
If you don't fit with anything, don't even try to do it because that won't make you becoming success.
Such person don't need to stop trading or investing because the best thing to do in such situation is to find the right solution cause every problem as it own solution. However, the experience a cryptocurrency trader or investor is the more he/she will make profit.

.
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JohnWick_Bitcoin
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July 07, 2018, 06:44:12 PM
 #338

I think you should stop if you lose most of the money because you're not fit with it.
If you don't fit with anything, don't even try to do it because that won't make you becoming success.

Stopping is not the answer, it only means that you should be studying most of your movements in the market to determine what's wrong on your strategy and become a better trader.
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July 07, 2018, 07:20:57 PM
 #339

Then just stop trading for some time and try to get better on it, that is the only way in that you are going to make a huge amount of money as soon as you start trading again, it will take some time, of course, but it will be worth it.

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July 07, 2018, 10:02:28 PM
 #340

Hmmm maybe cry ?
im kidding. just relax and think how recover your losses. get a part time job and leave crypto market.
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