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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
wuvdoll
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July 28, 2018, 08:58:21 AM
 #481

It is very easy to learn but it takes time you have to start hanging around in the market and start viewing 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 one of them requires a different set of experience and different specification.
However the way you made that money at first, try doing that once again. If you lost money that means you also made money, in order to lose it you first find it. Find that money again do whatever you previously did and you are golden. That has been what I keep doing, I make money and if I lose it than I keep making money and try again.

My nano investments have been steadily going up considering the price went down I keep investing in order to drop the bought averages down and whenever it goes up I plan on getting out very quickly as soon as possible. If we have chosen the investment after big study then we may go for holding them for infinite time period when the market goes against us.
tbterryboy
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July 28, 2018, 10:40:16 AM
 #482

Thanks for the this it is my motivation now and i will do this to encourage my self to set my limits on this goals. I will do my best for things idea.

Yeah this will really help us especially of those losses that we face, I mean at first it's really hard to accept it even we know there's nothing we can do and some even think to quit it for good. And by having these motivations it will help us throughout.
Keeping yourselves under your control is the most difficult thing to do at time when you are only losing your money and that you are not making any kind of earnings. You need to take a pause at such situation and that there is no such need to do anything as it will then result in loss of money. You have to come back with fresh mind and some better strategy in your mind.
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July 28, 2018, 03:14:42 PM
 #483

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.
SkvorNyc777
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July 28, 2018, 08:02:06 PM
 #484

As for me the best thing to do is to sit and think why and how this happened, and then you should make exact plans about restoration of lost moneys.

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Firefox07
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July 28, 2018, 10:01:42 PM
 #485

We always feel depress when we lose most of our money. But we should not let depression break us. We need to stay focus on what we are doing. So that we can get our money back.

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July 28, 2018, 10:24:27 PM
 #486

It is said that if you lose all your money you are definitely doing some mistake or the market you analyzed is no longer existent as the structure of the market changes very rapidly in the cryptocurrency world so you should take a step back and reanalyze
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July 28, 2018, 11:44:05 PM
 #487

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

You are correct.  Just being possitive that we can do it, and be able to earn in trading.  There is a good results for being so eager and hardworking. Keep going and even if you get some losses,  take it as a challenge that someday you will be able to earn more.

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merrillolive
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July 29, 2018, 02:43:01 AM
 #488

Think positive Do not be too anxious and sad if the market keeps falling, you should focus on holding, do not worry about selling your coins early. This will make you more and more losses.
agnostos
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July 29, 2018, 04:30:31 AM
 #489

Learn from your mistakes. Honestly I lose most of my money that I got free from bounties, put it on trading and gambling, I know both are risky but I want to try my luck, it's okay for me to lose because it didn't come from my own money
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July 29, 2018, 08:01:47 AM
 #490

I lost most of my $ 10к deposit, I traded with my shoulder and therefore had a quick loss of deposit. For half a year I managed to partially recover, because I chose a different strategy: trade without a shoulder and hold (I buy, put a warrant for sale and all)

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July 31, 2018, 06:52:05 AM
 #491

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.

I'm sorry for their loss but that was reckless, greedy and plain stupid. You never put yourself in a position to lose everything that you own. Invest just the money that you can afford to lose and you'll be fine.
It reflects your quality knowledge about the crypto market and all the processes and decision makings are not an easy thing to face with for which your knowledge is must and has great importance. Now if you have made any mistake which has caused loss so the only solution is to start from the start again because your knowledge is not perfect, first make it perfect and then you will have a great time here.
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July 31, 2018, 07:42:00 AM
 #492

You will not be able to stay calm when losing money but it is important that you keep calm, not to sell off to lose your capital. Waiting is the best way when the market returns.
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July 31, 2018, 07:58:46 AM
 #493

Losing money or losing money is a risk for coin dealers.
It's best to minimize the loss of money then you can use a smart strategy so you do not easily lose in trading Cryptocurrency.
You are also forbidden to despair, make the experience as an encouragement for you and to be more careful in trading coins.
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July 31, 2018, 09:34:15 AM
 #494

I lost most of my $ 10к deposit, I traded with my shoulder and therefore had a quick loss of deposit. For half a year I managed to partially recover, because I chose a different strategy: trade without a shoulder and hold (I buy, put a warrant for sale and all)
in crypto, daily trading is not recommended.daily range while price moves is not wild enough,maybe 3 month could be better to hold our cryptocurrency asset.if you suffered loss ,better to quit for  a while and prepare with good trading skils.

emberbekas
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July 31, 2018, 09:48:00 AM
 #495

You will not be able to stay calm when losing money but it is important that you keep calm, not to sell off to lose your capital. Waiting is the best way when the market returns.

Impatience will surely come to our minds when we see our portfolio is in a downward trend. At such times, we tend to rush into decisions and usually the decisions we make do not match our first goal in investing. It is better if we leave our investment momentarily so that we are not wrong in making a decision and come back a few days later to check it out.

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July 31, 2018, 09:55:36 AM
 #496

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
I like your first Step, because that is very the best for our mindset specially when we lost most of our money, we should don't think that it's all over, we should always put it in our minds that we still have goals in life, specially if we have financial problem.

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July 31, 2018, 10:18:40 AM
 #497

My way of dealing with this, first if you have lost the value of the crypto then look and analyze where the market will move, here is an important decision, even if I have observed for a few weeks, if your result is cut lose then like he say is make a small profit to be able to cover the losses, but because the fluctuating in crypto so hold some if you get luck. The point is the same as what the thread maker says is just the problem is how do I suppose to generate a small profit? because it depends on our own expertise.

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July 31, 2018, 10:59:35 AM
 #498

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.
In my opinion, loosing much of your money in crypto is unluckily the result of your own faulty decisions but even if you loose your money, you can re-earn it by trying hard to go well in the market. Look back and see and worth on the areas you made mistakes in.

Do the crypto evaluation and invest only in the one that can maximize your future return. In the end, your decision about selling the coins should be based on the comparison between current prices and the initial worth of your portfolio. Stay away from panic selling.
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July 31, 2018, 11:21:27 AM
 #499

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
 


Lossing money during an investment is just a part of the risk that we are taking upon investing. However, facing it would be challenging for there are also consequences as well. What we need to do is just to continue being brave  to take the risks and just continue trying until we have a good gain.
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July 31, 2018, 02:16:39 PM
 #500

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.
Failure is something that can happen in this market. You should remember that money does not spawn, it just moves from one person to another. When you lose money, it means another have earned some money. If you are new I advise you not to invest too much into this market, only a small amount to learn how to trade
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