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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
dhdiei123
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July 18, 2018, 07:30:23 AM
 #421

Make sure you understand what went wrong before doing it all over again
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Ericgreen
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July 18, 2018, 07:35:53 AM
 #422

I had to start it again and get up. I have to trade more carefully so as not to lose because failure is a delayed success.
Yeah it is better idea but for that more money will be required. I suggest investing in Altcoin also, because if bitcoin drops Altcoin will recover your deficits. One coin will definitely go up. It is not possible that all the coins in which you invest will drop and if so then it will be your bad luck. I hope this will not happen and you will earn handsome profits.
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July 18, 2018, 08:00:49 AM
 #423

when we lose money then we should be able to see where our mistakes are so it will not happen again and the experience will be a good lesson and we should be more careful again in making decisions

tuljan
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July 18, 2018, 04:16:27 PM
 #424

when we lose money then we should be able to see where our mistakes are so it will not happen again and the experience will be a good lesson and we should be more careful again in making decisions

If you don't learn from your mistakes then you'll lose all of your money very fast. It's a must for this kind of unpredictable market.
BitcoinMyBlood
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July 20, 2018, 08:14:06 AM
 #425

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
 

This thread really reminds me of myself  Cry, we never know what happens to the future but all we have to do is fix today and do not worry too much about the future. If I lose a lot of money I think only one, sell all the assets I have and get it back to recover my income. may take a long time but each failure is the key to success. Keep it up bro  Wink
It's a normal feeling and response if this bad situation happens. What is important is that we get lessons from our bad and good experiences. It takes readiness and courage to be part of trading industry. You need to be willing to take the risks, and to gain more knowledge. It's also important to check our strategies, stick to what works for you and not by what others want you to do. If that strategy is the cause of big losses, better change strategy. It's about trial and error until you find what effectively works best for you.
The only way is to wait for more time. Selling is deficit and frustration and disappointment will not recover your deficits. You will have to wait for more time. With the passage of time the price will increase automatically and you all deficits will be recovered. Don’t be panic about the time. It may take long time or in days because it is crypto and anything is possible here.
tbterryboy
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July 20, 2018, 10:05:16 AM
 #426

i agree on grate post. thank you for explaining it simple terms.It took a long recovery period for me to able to admit to myself that this happened. Reflecting on the fact that I even let it happen still angers me, but I have to find a way to move on. I am lucky to have a very supportive family.
I know many people who sold cars and houses in 2017 to invest at the end of the year in Bitcoin. To date, their investments are bleeding very badly. But the most important thing is not to sell what you have, but to wait for a real and efficient price.
When you face with any difficult and hard situations then do not hesitate and do not take tension in the market of Bitcoin because you have hundred of easy ways to come back so do not feel sad after loss. Losing money reflects your lack of knowledge so the only solution to avoid mistakes and any other furious situations is to learn about the market of a specific source.
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July 20, 2018, 10:56:28 AM
 #427

i agree on grate post. thank you for explaining it simple terms.It took a long recovery period for me to able to admit to myself that this happened. Reflecting on the fact that I even let it happen still angers me, but I have to find a way to move on. I am lucky to have a very supportive family.
I know many people who sold cars and houses in 2017 to invest at the end of the year in Bitcoin. To date, their investments are bleeding very badly. But the most important thing is not to sell what you have, but to wait for a real and efficient price.
When you face with any difficult and hard situations then do not hesitate and do not take tension in the market of Bitcoin because you have hundred of easy ways to come back so do not feel sad after loss. Losing money reflects your lack of knowledge so the only solution to avoid mistakes and any other furious situations is to learn about the market of a specific source.

The best thing we can do when you know that you already lose your money in bitcoin is to accept the fact that you already lose your money and learned from your mistakes then try to waut until bitcoin recover and your money will also recover.
renz0
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July 20, 2018, 02:13:30 PM
 #428

Very informative and nice tips to win back losses after a big loss. But the important thing is acceptance, learn from mistakes and willingness to accept another challenge by taking those previous failures as an encouragement to do better the next time around. Never lost hope because quitters never win and winners never quit.
deus030518
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July 21, 2018, 12:35:48 AM
 #429

When you lose most of money then you have to rise from what you have lose. It is normal for the investors that lose some of the money that they have invested, they just have to learn from the mistake that they have encounter so that for the next trading that they will do they will not lose anymore the money that they have invested. Many are losing because of the fast changes price of the market. But for me you are not still losing if you have not yet selling or trading your coins for their is another way to earn and it is the hodling.
PiperSynan
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July 21, 2018, 02:22:50 AM
 #430

When I lose the most money I will try to invest again
mdw1962
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July 21, 2018, 03:18:13 AM
 #431

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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July 21, 2018, 03:29:34 AM
 #432

I think if you lose most of your money in trading. You should  stop trading. Because your not good in trading or you don't know how to trade. It is ok to lose money sometimes. But if you lose your money most of the time. There is something wrong with you.

ainaya1994
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July 21, 2018, 03:53:21 AM
 #433

which I do when I lose considerable money I will try to be patient because that's all I can do, because I'm sure with patience God will replace it with a bigger one day someday ...
racingboy
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July 21, 2018, 06:53:12 AM
 #434


Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )


This is the most important skill traders must absolutely have,
the market isn't constant, so price change is inevitable. So
we must improve ourselves in adapting to such changes.
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July 21, 2018, 03:36:09 PM
 #435

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
One time of April till June it was something like that for me while I was losing almost all of my money from my wallet because of negative trade experience and also falling of the prices, it was hard.
p3ppymon
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July 21, 2018, 03:40:21 PM
Last edit: July 21, 2018, 05:53:58 PM by p3ppymon
 #436

Your post is really good, OP, as you scripted your moves, planned the goal and tried to foresee eventual difficulties in your path. I would just add another bullet point: direct the emotional side to blank. This means let your emotions away from this routine and keep follow your path! Good luck.
Oceat
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July 21, 2018, 09:26:14 PM
 #437

Sometimes it will take time to go to the top and that's why you have to be sure of what you are doing and not just carelessly pursuing your goal without even thinking what would be the possibilities that's going to happen in the future. It is important that somehow you learned after all of your mistake and will always carry that experience through to your struggles in the future. Losing money is worth it if you know where do you spend it and will give you a good lesson.

3996
veejay2716
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July 21, 2018, 10:13:09 PM
 #438

Just think positively and forget about your losses, create your mind that when you invest again then you may win and having profit in the future, in that way your feeling become calm and less stressful.
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July 21, 2018, 10:47:03 PM
 #439

Losing money is never fun. But how you handle that kind of pressure will determine whether or not you become successful. Trump bankrupted companies four times.
The best thing we can do if we will lose some of our money in trading is to accept it and just focus, because loosing in trading is normal we should just come up with our loss and became more better on choosing a good coin that we can able to earn more money.

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July 21, 2018, 11:01:50 PM
 #440

we should nt remember one thing in trading we should  invest in cryptocurrency what we can effort to loose only then we will see results and we should have positive attitude while investing
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