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Author Topic: What you should do when you lose most of money?  (Read 5591 times)
EUM
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September 25, 2018, 12:10:01 PM
 #621

First of all you need to overcome the desire to quit dealing with crypto currency. And then you need to calm down, make an error analysis and continue working on cryptology.
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September 25, 2018, 12:48:47 PM
 #622

I think we need to gind another ways and another strategy, maybe we lose more of our money because we don't use the right formula on crypto. And maybe we don't do it on a verry slow way, I believe that bitcoin or maybe crypto is great bit if we don't take good care of making a good decision possibly we can also loss on it.

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September 25, 2018, 01:29:08 PM
 #623

you have to learn from this and the main advice is not to trade on credit. in this case, you can always fix the situation
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September 25, 2018, 10:42:42 PM
 #624

If you lose your most of your money, you need to make it clear why this is happening. The main thing is to remain calm and not to panic.
The best thing i will do when i lost my money is i will move on and will be more better trader, i experience many times to lose some of my money but i dont give up and i get better so now i can make a good amount of money.

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September 26, 2018, 12:28:58 AM
 #625

When we loss much money, we should know what the mistakes and by know it we will not do it again. Many newbies trader and investor did the same mistakes, that is greedy and FOMO. This is just natural emotion that hard to control it, but from that loss we will always try to avoid that emotion. To be expert trader we should keep learn so later we will make better financial for family.

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September 26, 2018, 02:10:07 AM
 #626

When i lose my money on trading especially i review my mistake and i will not do it. Losing of money in crypto will give you a chances to be careful again.
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September 26, 2018, 07:33:56 AM
 #627

When i lose my money on trading especially i review my mistake and i will not do it. Losing of money in crypto will give you a chances to be careful again.
you could take a rest for while and improved our skill with technical and fundamental analisys,losing our money make us become annoyed and our psychology going bad.

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September 26, 2018, 07:49:09 AM
 #628

Thank you for sharing, I think when I lose most of the money, your 5 steps will guide me to make a more correct judgment! Thank you!

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September 26, 2018, 09:11:13 AM
 #629

When i lose my money on trading especially i review my mistake and i will not do it. Losing of money in crypto will give you a chances to be careful again.
well, there is no other way but to accept it. everything I do is ready for the risk. Well, maybe I will start again from the beginning, and try my best. Well, stress only makes you more depressed. we will never know what it will be like in the future, so prepare yourself with the risks that can occur.

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thichtieuthuong
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September 26, 2018, 09:25:02 AM
 #630

It is often said that failure is the mother of success. So do not give up because today you lose tomorrow you may be the winner in the crypto market. You should closely follow your investment process by Bitcoin and Altcoins are constantly changing and unpredictable due to the price nature should change constantly. You should review your investment and choose the best time to make profit. If we take too much, we risk losing much.

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September 26, 2018, 10:25:47 AM
 #631

When i lose my money on trading especially i review my mistake and i will not do it. Losing of money in crypto will give you a chances to be careful again.

Losing money in crypto is very usual. as because Crypto is so volatile and you cannot know when the price increase and when it drops... I am not much involved in crypto trading. but I think traders should only use that much money which they can afford to lose and will not face any problem.

using all of the money in trading is simply not smart.

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September 26, 2018, 10:50:27 AM
 #632

When i lose my money on trading especially i review my mistake and i will not do it. Losing of money in crypto will give you a chances to be careful again.
When i was a beginner in trading i am really losing a lot of money but all the i money i lose is motivate me to practice everyday and after i lose my money i promise to myself to be an expert trader next time so i wil not lose my money anymore.

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September 26, 2018, 03:44:03 PM
 #633

I have not had such negative events this year, so I can not say what I would do in the place of the person who lost money. Until you sold your coins at a loss - you did not lose anything. Do not give up - that's one of the most important principles!
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September 27, 2018, 07:17:10 AM
 #634

Its alright to lose, yet on the off chance that you lose a large portion of your cash then something isn't right. Attempt to ponder encourage about your coin and your methodologies so you won't be lose much once more. Begin once more, don't lose expectation and make a point to contribute again in light of the fact that this market is basically astounding. You can have much benefit just on the off chance that you know how to do it appropriately.
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September 27, 2018, 02:01:16 PM
 #635

I will answer the main question. If you lose your money when the market falls, remember, until you sold your coin, you do not lose anything Wink
According to me as well no one can lose money until they use to sell their coin for panic, those who use to sell at panic get lose, so try to invest more and hold more, buy more when you are afraid of lose keep patience and don’t sell, try to make wise decision and never get hurry for selling your coin, holding is the best choice always., never take risk for selling at red try to buy and make more money for your better future.
Thats right because the point is how you can manage your fears and panic so as not to produce stupid calculations and stupid choices that can make you lose, try to manage your fears when price changes are not in line with your expectations, don't always be disappointed, try to understand the market so you don't panic and do cutlose
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September 27, 2018, 08:27:18 PM
 #636

After a losing trade I take a nice big deep breath, accept it, analyse and try to learn from it, so I will not do the same thing again and again

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September 28, 2018, 08:06:13 AM
 #637

First of all you need to overcome the desire to quit dealing with crypto currency. And then you need to calm down, make an error analysis and continue working on cryptology.
Of course the emotional factor is very important to be handled and at a time, when the market is down, many people make emotional decisions out of panic and this cost them huge loss. This is entirely opposite to how a rational man will respond to the market.

The wise way to deal a fall in the price or a loss is to revise your own business strategy. To learn form your own mistakes and work on those areas to improve them and to make wise decisions the next time you counter such circumstances.

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September 28, 2018, 10:11:21 AM
 #638

In my opinion, cryptocurrancy trading risks losing. Failure and loss will make us lose in series or one after another because they are out of their right wisdom and their next step is no longer a smooth, rational and well thought out decision.
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September 28, 2018, 11:12:52 AM
 #639

After a losing trade I take a nice big deep breath, accept it, analyse and try to learn from it, so I will not do the same thing again and again
That's the thing that we should do everytime we loss, take a deep breath and find out our mistakes and of course correct it.
It's a continues adjustment along the way until you get consistent but you will never be perfect, the risk is still there but you minimize it if you improve.
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September 30, 2018, 02:40:10 PM
 #640

I think we need to gind another ways and another strategy, maybe we lose more of our money because we don't use the right formula on crypto. And maybe we don't do it on a verry slow way, I believe that bitcoin or maybe crypto is great bit if we don't take good care of making a good decision possibly we can also loss on it.
Yeah losses can be due to wrong analysis and calculation, therefore every defeat always gives a good experience for you so you get certain lessons and you can formulate a better strategy in the future and avoid the same mistakes, understand what reasons why you lose and learn from that
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