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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
Balmoon
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August 08, 2018, 06:20:49 AM
 #541

Well most of us experiences losses, there is always a negative outcome when we lose, but it is up to us on how are we going to deal with especially with stress and anxiety, large amount of money is not a big joke to lose. We can lose witu just a click. So reminders set a realistic goal and educate yourself.
yes I agree with you because it is the policy of everyone depending on addressing every problem they face, maybe everyone will feel stressed and depressed but at least they must be able to give up what has gone, so let it go and we must keep going.
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August 08, 2018, 06:28:05 AM
 #542

What is unacceptable when experiencing a loss is an increased level of stress, which we must face is how to control stress levels. And what you've shared is a very useful thing.
yes I agree with you because it is the policy of everyone depending on addressing every problem they face, maybe everyone will feel stressed and depressed but at least they must be able to give up what has gone, so let it go and we must keep going.
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August 08, 2018, 09:42:05 AM
 #543

When my coin constantly decreases I always hold them for long periods of time, waiting for the price to rise again, that would be better for us, if we fear and sell pennies we will lose money right away. instantly
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August 08, 2018, 03:19:02 PM
 #544

When my coin constantly decreases I always hold them for long periods of time, waiting for the price to rise again, that would be better for us, if we fear and sell pennies we will lose money right away. instantly

That's ok if you can afford to hold for long periods of time. That's how i see ut as well though if you're someone who's not prepared to go long, holding may prove to be disastrous. Like what's going on this year. There have been more downsides that up and if you're holding then you should be ready to let those uptrends slip by. If you're going short, better watch the market keenly for recoveries.

 
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handsofgod
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August 09, 2018, 09:52:17 AM
 #545

Losses is a part of every game and you should be prepared for losses mentally. Most of the people make up their minds by emotions and this is biological process, I learned that from affiliate marketing and sales. Undecided That's why this is so frustrating when you losing money - you keep thinking about what you could buy with that money, and this is mental trap, you should be thinking about losses as piece of learning process. Losses sucks but we all should master our skill of overcoming failure. Wink What about ICO field, will you invest in the near future? I'm fascinated about Kelvin Blockchain project, have you heard about this one?)
fabrizoc
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August 09, 2018, 10:28:05 AM
 #546

If I loose all my money I'll have to stop my crypto business and come back to work =)
Well in my opinion, you should not really take a permanent break of the crypto business and should rather keep on learning about it and finding out the mistakes you have made so far. It requires perfect market information and huge knowledge about the technology as well. Only then you will be able to trade without loosing much and the probability of earning will rise. One should also look at the market conditions if they are suitable and should trade or wait. There are ways you can make things happen.
It comes as a result of your faults when you face with any loss either in Bitcoin or other less valuable coins trading. It is pretty much good profit from Bitcoin at once but it takes time to give you profit as it is a long term while other less valuable coins like Litecoin which also gives you huge returns. This is only possible if you get rid of wrong strategies or decisions and adopt the right decisions.

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August 09, 2018, 03:28:26 PM
 #547

I experienced loosing some of my earnings. I felt depressed because I've been working hard for 5 months to earn that then just this one trading that I got mistakenly processed then it's gone. Yes it was my fault somehow but all I did was felt sad and depressed but after that I tried to convince and encourage myself that there's a lot of things to do and start earning again. Maybe it's God's will for me to learn new lesson.

Marcel666
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August 09, 2018, 03:41:12 PM
 #548

You are bound to end at the same result, when using the same strategy.
Learning from your mistakes would prevent yiubform losing more.
Find out what went wrong, sharpen your skills, see your loses as an investment in your abilities.
And, Never get vengeful, as you would only lose more.

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Adrin
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August 09, 2018, 04:23:31 PM
 #549

In several time I lose my money but when I lose big money in my trading at this moment I just stop my trading. After sometime later I again start cryptocurrency trading and try to recover my loss. I'm always analysis cryptocurrency market then start trading. Now I start day trading and must follow money management.
dathuhien1
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August 09, 2018, 08:35:21 PM
 #550

Step 1: Take Stock and Prioritize Your Spending
Step 2: Trim Your Most Expensive Spending
Step 3. Find New Sources of Income or Cash
simpleholmes
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August 09, 2018, 09:01:25 PM
 #551

the looses have been really high during the last period especially after January and many of us have taken a lesson, indeed a good lesson which costs more than a college to many of us, but those strategies are valuable and have a real life usage.
Rooster101
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August 09, 2018, 11:11:19 PM
 #552

Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Ronaldcoin2017
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August 10, 2018, 01:16:48 AM
 #553

Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Yes I agree on that. We don have to quit when we Commit losses because lossing is a part of our human life . If we are going to quit we can surely loss bit if we stand still and make some profitable moves maybe we can endured and stang alone again from our loss.
BlueStackz
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August 10, 2018, 07:18:18 AM
 #554

When my coin constantly decreases I always hold them for long periods of time, waiting for the price to rise again, that would be better for us, if we fear and sell pennies we will lose money right away. instantly
That is the only way to deal with the down market when the worth of your coins drops. You just cannot sell your coins in the down market for it will either incur you a very low profit or non at all. So it is always a better option to invest in the type of coins that can give you profit upon long term holding.

The market is a dynamic place and does not remain static all the time. Besides, its recovery period is often too slow as well so it is rather advised to act according to the market condition and not according to the price fluctuation.
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August 10, 2018, 09:15:09 AM
 #555

Its ok to lose, but if you lose most of your money then something is wrong. Try to study further about your coin and your strategies so you will not be lose much again.
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August 10, 2018, 10:39:21 AM
 #556

Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Yes I agree on that. We don have to quit when we Commit losses because lossing is a part of our human life . If we are going to quit we can surely loss bit if we stand still and make some profitable moves maybe we can endured and stang alone again from our loss.

Let sing together  "never surrender"  (lol). This Is my Inspirational word where I still stand alone after my past losses. You can't achieve your goal, If you're just give up from the very first mistake you have done In your life. Be patience and continue doing well here In cryptos or real life, someday we could make thing happened.
Riddikulo
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August 10, 2018, 10:49:03 AM
 #557

What else should we do if we lose most of money ofcourse acceptance is the first we need to do. And learn from mistake.  If accept things it is easy to move on.

You know, most of the people give up when they lose their money as soon as they do not want to make the same mistakes and lose more. Wise guys analyze all, and go on avoiding these mistakes.
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August 10, 2018, 12:56:47 PM
 #558

Experience teaches us to become a better trader and losses in trading makes us to become wiser in the future if you learn from it. Trading or investing in the world of unpredictable cryptocurrencies is a risky undertaking and one must educate first on virtual currencies and how they works. I used to hodl my coins when their prices start falling because I believe the dips are temporary and they eventually recovers.
Yes I agree on that. We don have to quit when we Commit losses because lossing is a part of our human life . If we are going to quit we can surely loss bit if we stand still and make some profitable moves maybe we can endured and stang alone again from our loss.
If you quit then it is just a matter of fact that you cant do anything to get back your money and you just think of it that it was the end of your life to take it back so you just decide to quit , you are a loser with that situation , keep on fighting it was a good decision.

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August 10, 2018, 04:36:04 PM
 #559

I think when you lose most of money than set the mind with minimum amount which you have left and make again strategy according to the little amount and try again to trade with different coins and work with active mind because you have already a good lesson which you have to learn from loss and you must aware of this type of mistakes in again future and I hope you will survive again by using best strategy.
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August 11, 2018, 05:20:28 AM
 #560

When i started bitcoin trading a few months back, i lost all my money then i started participating in bitcoin and altcoin bounties and earned a reasonable amount in a few months time.

Actually the last few months i mean the end of 2017 was best year for bitcoin users. I have earned a lot of money only in last few months. But after the end of 2017 and the start of 2018 was not good for bitcoin users, a huge trader still in loss and wait for a good time.
Many new traders started at the peak point when bitcoin price was at its highest value, and hence those people are still in loss. Many have even quit crypto currency thinking it is just a bubble.
I will suggest that if one is patience, one can get good profit. We just need to wait and watch this market grow.

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