what solutions do make to cover Loss

[udayantha11]

Personally , I lost nearly 1500$  from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way ,  if we get greedy then  we end up with nothing.

whats your solutions do you do for cover the loss?

[freemax1900]

Standing again after failure - It is a only way to help you become successful in the market nowadays. You look the rich people and think that they are lucky. It just is a part of the truth. Actually they had come over many difficulties for success in the future.
If you are lossing now. Don't mind about that, keep seeing and investing in potential coin. You will be recovered soon!

[Dimalol]

To cover the losses if you bought expensive, only one option will save you, it's only to wait for the price again and only then sell!

[PeterTom]

Personally , I lost nearly 1500$  from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way ,  if we get greedy then  we end up with nothing.

whats your solutions do you do for cover the loss?

If I bought a coin and it drops heavily I do not fix the loss. I try to trade in order to increase the number of coins and thereby take my minus. But if you do not know how to do this, then just wait, or it can get worse

[Bunk67]

i don't belief have lost in crypto am a bounty hunter so have being so patience waiting  for the time i will make more gain when the coin is being listed all what i waste is my effort so what i used to covered it up is patience

[meejay]

Hi there,

First of all you need to have systems to prevent that loss while trading. I would recommend you to understand risk management. Stop loss is offered by most of the exchanges. Traders need to use this option especially during such bear market conditions. This would enable you to hold BTC while your alts go dipping depending on BTC moves. You need to apply this properly or you would be ending up with selling at loss while the market bounces back and moving upwards. You might try to do this manually by setting alarms at BTC prices. If you achieve to sell before the prices dip then you have your BTC with a slight loss but this enables you to buy more of the alts at a lower price.

If somehow you were not able to sell while the prices going down then HODL is the only option for you. Markets have cycles going down and up. Patience is the key here. Just wait.

The other option is to average down through buying more of that alt with a lower price.

Kind regards,

[butterflies04]

The first thing to do to stop losses is to not make them or have a trading strategy so you do not take major hits.  Once a mistake is made stay calm and slowly get it back.  Do not try to get it all back in one shot.  It sounds like you have a good grasp on what needs to be done. 

[bittraffic]

You only lose $1500, get your ass up because that is nothing compare to the rest of us here. Some are losing their entire savings but they still are trying hard. I've sent some BTC to scam ICO which I thought was a good investment, I wasn't the only unlucky who did that but I guess I can learn to what happen so I got up and for work as bounty hunter for a project and doing my regular job from a job site. Nothing much I can do I don't want to rob a bank either.

[reversemartingale]

if you bought a coin and after 5 seconds it was dump hard and harder and hardest . you have two choices either buy more or buy a popcorn and wait for it to return to its normal value. it doesnt take a year to correct itself

[Arrbuzz]

The first thing to do to stop losses is not to make them or have a trading strategy so you don't make big hits. Once the mistake is made, stay calm and slowly come back. Don't try to bring it all back with one shot. You seem to understand well what needs to be done.

[lihaidong198871]

We can not know which order we will get profit or loss. We can only be sure about statistics from the past that we have trade.

It would be a mistake if this trader or ourselves avoids mistakes when trading. When we are afraid of losing money and restricting our orders, we also limit our ability to win the order, which is necessary for us to win 1.5 times.

[bobo012]

Personally , I lost nearly 1500$  from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way ,  if we get greedy then  we end up with nothing.

whats your solutions do you do for cover the loss?

Use play sites that give you demo access to learn trading, first. Play with what you can lose, that way you will not end chasing loses, which usually lead into more loses. Stay emotionally cool headed, that is the key

[udayantha11]

Standing again after failure - It is a only way to help you become successful in the market nowadays. You look the rich people and think that they are lucky. It just is a part of the truth. Actually they had come over many difficulties for success in the future.
If you are lossing now. Don't mind about that, keep seeing and investing in potential coin. You will be recovered soon!

you gave a good moral to me. Most here faced big problems,. even  the whole savings lost, from that perspective i have lost small thing. but anyway i am trying to earn everything i lost

[code]

The best thing is not to make such mistakes. Make one part of the capital investment portfolio of different coins. And the other part of the trade.

[hubballi]

I only trade in btc be because if the price goes down then I can wait as it will come up or I can buy more in low and average my buying price so when the price goes up I should be in profit but same I can not do same in other new altcoins so if I have sold even in low but I will be profit and won't see the profit in loss. And mostly I don't invest in ICO I only work for bounty and earn free bitcoins by selling them

[bit-freedom]

I will not sell the coins if the price fall and hold till price recover. When I have spare cash, I will buy in more of the coin to lower the average buying price.

[shinchan123]

Personally , I lost nearly 1500$  from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way ,  if we get greedy then  we end up with nothing.

whats your solutions do you do for cover the loss?

You can buy more at lower price to average the cost of your investment and wait for the price to recover. If the coin is dead, sell and find another investment where you can recover your losses. It is normal to lose some in crypto investment, what matters is you learn from it.

[Fenderr]

Averaging down by buying the dip of a particular coin you've experienced a loss is one veritable way of recovering from losses in crypto, at least this has worked for me.

[Ferris419]

Personally , I lost nearly 1500$  from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way ,  if we get greedy then  we end up with nothing.

whats your solutions do you do for cover the loss?

For day trading I usually cut when the coins I buy fall by more than 10% a day. By managing capital and psychology as such. I can limit the loss. And I sell when there is a 10% profit. Not much but it gives me confidence. After each cut loss. I am more cautious in my trading orders

[wizmo]

$1500 is a very large amount to loose. I think you should learn more about the day trading and if you still fails to make profit then I think it's not for you, move yourself to other profitable investment or long term investment as it provides low risk and more returns.