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Author Topic: What you should do when you lose most of money?  (Read 5591 times)
yvesp110
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October 31, 2018, 08:32:34 PM
 #681

if you are losing money then you are not trading or doing things correctly , what i suggest is to take a brake from trading and track your mistakes and restart from beginning
Lose happens with wrong way of trading just like selling for panic, buying at green and selling at red, when you are starting try to learn, it is good to make a look at your mistakes so that you will not repeat it again, first try to gain information and then start trading so there will be no such mistake which can make you lose even a single dollar but you will earn bigger profit with each trading session.
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October 31, 2018, 09:45:13 PM
 #682

There are many conversations that precede the decision to invest in one coin or the other,  some of the point mentioned will serve as basis for your overall decision.  Cryptocurrency investment however require additional way of thinking which is different from what is listed by the OP!

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October 31, 2018, 10:35:20 PM
 #683

Quit trading! Joke. For me, it does not matter if I lose a big amount of money in trading. As long as I am learning a lot and I experience the real trade. Making is not easy, we should make several or plenty of steps just to reach it. Yet, failure is not good to be experienced but we must know that every success has challenges and we must have the courage to fight for it.

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October 31, 2018, 11:05:06 PM
 #684

Well we have no choice if we face a loses to our investment we need to deal with it because it's there the best we can do it is will be aware for everything and learn to our mistakes so we can do a good one next time.

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November 01, 2018, 04:31:11 AM
 #685

when I experience a loss, usually i'll give a pause to rest and evaluate my mistakes, for me losses are not a problem, trading will still be my choice for earning income.

perfect999
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November 01, 2018, 07:04:24 AM
 #686

When everything is already in the past you should convert your mistakes to experience and use it to earn even bigger profits in future.
When you have lost most of the money, it means in other words you would have enough knowledge about how to avoid the mistakes and what are the mistakes that you made which cost you the loss. So it will not be repeated if you work on it now. Also in the mean while, when all the coins are available at a low cost, you should look for the one that can be advantageous in future and can be of great return in future.
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November 01, 2018, 10:00:48 AM
 #687

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 3 btc.

It's true. However, if I am in the position that I will lose most of my money, I would first take a step back and regroup; what I mean by that is that I would look at things with a fresher eye and see what mistakes I could have made that contributed to such great loss. Although this market is filled with seemingly minefields of probable bad investments, there would still be some reasons as to why one losses or succeeds, and I, as an investor, have to look closely at that to make sure that if I try my luck again.
Rana590
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November 01, 2018, 11:19:21 AM
 #688

In trading, everyone have to face this tragedy. Loses money may affect many bad condition. We should keep calm on those situations. There are many newbie who are not much experienced on trading. They should know much about trading first to avoid loss.
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November 01, 2018, 01:15:41 PM
 #689

It's important that you don't lose heart and faith when you lose most of your money in this business. If you really believe that you are born to do this endeavor and it's really for you, you shouldn't be afraid to try over and over again until you succeed. No one succeed overnight; it's just a myth. Your main investment would be patience and persistence. Realize your mistakes every time you fail and be ready to change it and start all over again.
Iminvest
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November 01, 2018, 04:38:15 PM
 #690

What to do if the exchange does not cancel the order ?? I afraid to lose my money now))
Mumbeeptind1963
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November 13, 2018, 01:56:31 PM
 #691

What to do if the exchange does not cancel the order ?? I afraid to lose my money now))
In the world of business, lose and gain were already attached to it.
As you enter a business, you must already know and accept that you may gain or may lost your money. So it is important to have trust and to be knowledgeable enough so that you will have the strategies on how to run a business. In that way, you have a greater chance of gaining than losing.

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Arthurian60
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November 15, 2018, 08:14:07 PM
 #692

Nobody is immune to money lost in Crypto trading as a whole. Nobody is perfect. At one point or the other you will loss money but the main question is how do you handle those loses? Most times traders will renter trades and try to get ×3 immediately but that's a wrong move. Settle down and study your plan very well before you enter trading again. Don't trade with emotions
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November 17, 2018, 08:45:03 PM
 #693

Trading is not always for a win. Sometimes you encounter looses and that looses will  feel you upset or discourage into trading. Dont loose hope instead charge it as experience and deal with that. Do some trade plan to be more successful while you are trading.
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November 21, 2018, 02:43:32 AM
 #694

But now i don't that i can earn 2 bitcoin in 1 year because of many ico that scam and i also participate for their project sometimes i wasting my time on scam project that quitting you from a bounty hunter.

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November 21, 2018, 08:14:15 AM
 #695

But now i don't that i can earn 2 bitcoin in 1 year because of many ico that scam and i also participate for their project sometimes i wasting my time on scam project that quitting you from a bounty hunter.
Well, the reason why you joined scam ICOs is because you dont do the require research or ask the right question about a project before decided to work for them. Besides, you can always check on scammed or fake ICOs listed by ICOEthics before making any move.
Concerning the question asked by the OP, what ones need to do is wait while seizing the chance of the dip market by increasing ones holding through buying of more coins.

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November 21, 2018, 09:13:51 AM
 #696

Good contribution to traders especially the newbies. I know that when you measure your performance it will grow but when you both measure and record your performance it will grow more. Trading is an act which must be learned and the psychology aspect of it. So what to do when there is excess loss is part of what you learn and how to determine how much profit or loss per trade and then how to manage money in trading are all part of what you learn.
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November 21, 2018, 10:03:10 AM
 #697

Trading is not always for a win. Sometimes you encounter looses and that looses will  feel you upset or discourage into trading. Dont loose hope instead charge it as experience and deal with that. Do some trade plan to be more successful while you are trading.
In trading, losing is a common thing to happen, sometimes price changes can change very extreme at any time and are very unpredictable, even yesterday when prices fell, I lost more than $1500 because I was slept when prices fell. but don't despair, you can make a profit again right
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November 21, 2018, 01:49:13 PM
 #698

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
 


nice read. Well you have to also pray  Cheesy it all boils down to expectations. You have to titer your expectation to the lowest possible so that your acceptance will be shortened. This is not easy but give it a try and you'll see.
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November 21, 2018, 09:21:34 PM
 #699

Accept the fact that in trading looses is normal but those loose dont let affect you instead charge it as experience and those experience teach you on the next step of your trading.
Dont stop learning because it will help you  to earn a food profit. Everyday is a learning process.
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November 21, 2018, 10:00:20 PM
 #700

Yes, loses will always come when you are into trading. But if you lose your capital every now and then. It mean that there is something wrong with your strategy. So you need to correct it before you lose all your money.

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