what solutions do make to cover Loss

[Eadefemi]

I was once talking to a friend on day trading and stuff. I personally do not and will not like to go into day trading anymore cos I have had a lot of losses in day trading. The strategy my friend gave me is to buy more when my losses increase, this will cover up for the loss when there's a spike in the market. I think I tried thia once, it worked but I ran afterwards.

[Belianez]

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 need to follow the risk management, now you can earn very well is to buy bitcoin and keep it for several years , or take bnb and try to invest in ieo.

[Gi01]

The basic strategic or solution I do to recover my losses is either spending time monitoring the market or making plans to reinvest in a different coin with low risk potential compared to my previous investment.  But sometimes its better to develop a new strategic and plan to meet the current state of the crypto market. This helps you avoid unnecessary errors.

[labenea]

the solution you can do to cover losses in the past is to change the strategy from before. if you fail to invest in altcoin then you need to try trading, but if you don't have expertise in trading you better invest with bitcoin, bitcoin has great potential and I have absolutely no doubt about bitcoin.

[TheClownSong]

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?

In my opinion, the right solution is to stop trading first and analyze our trading behavior. Trading is beneficial if we understand the price movements in the market but trading is also very high risk due to high fluctuations in the market. In my opinion, long-term investment is more appropriate in cryptocurrency because sometimes projects need time to produce good products

[Thanasis]

the solution you can do to cover losses in the past is to change the strategy from before. if you fail to invest in altcoin then you need to try trading, but if you don't have expertise in trading you better invest with bitcoin, bitcoin has great potential and I have absolutely no doubt about bitcoin.

But its like kind of long term investment when it comes to bitcoin to recover all the losses of altcoins,so better buy the altcoins more cheaper and then reinvest when the prices slightly increases.

[BennyK]

To recoup losses in crypto, one must adopt new strategies which works better than the previous one that incurred the loss. Patience is one of the good strategies to adopt. Also, an investor must learn to utilize bear market by buying most of the valuable coins at cheap prices. With this, any increment in price will yield profit.

[zzortyx]

Even experienced traders will always have certain losses. It is impossible to accurately predict market movements. To trade successfully in a bear market, it's a special ability I think. Most of us can only wait for the market to grow

[Daha19]

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!

Yes, failures happen and you just have to go through and calmly analyze the situation that has become unprofitable for you and start all over again

[[btc]YSG]

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?

I think going back slowly is best way, just take the loss as an experience lessons and move on, chasing the huge loss can result into further losses. If you can make a reasonable target and getting it gradually will help with the recovery.

[Impaler]

Buy back is the best solution to recover your loss. But if you only focused on ICOs that's not a good deal. You may get some great profit but you can't play at long time investment. For that chose some coin in the deep which you can go with long-term. Or even atleast mid term. So your strategy is good but you also have to find other potential ways.

[ishirut009]

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?

the best way to cover any losses in any of the financial instruments out there is, you gotta know your thing first. You need to invest first on your skillset in able to thrive in this kind of market, this is the crypto space, and if you dont have a nice plan or tactics in place, you are gonna burn.

[suzanne5223]

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 need to follow the risk management, now you can earn very well is to buy bitcoin and keep it for several years , or take bnb and try to invest in ieo.

The number one solution to recover loss is not to be greed, learn from one's previous mistakes and work on the right solution.
@udayantha11, day trading is not for every crypto traders but if you still want to get involved, there are some certain market trend which is not good for day trading even if you're experienced trader. However, I will advise you to invest mainly in bitcoin while you invest 10% on ICOs but make sure you well understand the genuine and the future promising of the project before invest.

[carrie_white]

almost all traders must have experienced the things you are experiencing now, but still believe that the coins that you have are good, because a good coin will surely one day rise again, so the solution is to keep holding coins that you have

[Danda23]

As a trader, I think if there are so Many losses, then there should be an improvement to your strategy by learning or adopting other trading pattern, also a coin that has dipped could also be necessary here by buying it, a potential one, so when there is rise, it could cover part of your loss.

[pundit]

Loss in trading is always frustrating. After losing such amount like $1500 trader's confidence is just shaken out. I can really feel it.I would suggest you to first take rest for 1-2 days and start trading with fresh mind. Do not trade to recover the loss but treat trading like a business, you will be succeeded for sure. There are few points to follow while trading.

1. Never invest the amount you badly need.
2. Never risk more than 2.5% in a single trade.
3. Take a trade based on analysis and plan it properly, fix you exit point on both sides.
4. Keep your fear and greed aside during the trade.
5. If you ever reach 20% dd ,stop trading and practice on demo till your confidence is rebuilt.

If you can follow above points, I hope you will on the better side.

[Msworld83]

You need to set a long term investment for now as market is very low now no matter what but the long term will eventually pay back in some years time which will even take back your lost , so I think you should be very strict with your funds now and dont do daily trade like other , as you never know how to handle it.

[novy]

The best decision currently would be to gain some more BTC till long flat. During the flat season, altcoins will start to gain at the prices and then you can buy them from your BTC accumulated. This strategy should help you to survive.

[Bonwin]

Loses in the crypto space cannot be avoided, although it can be minimized. One of the ways you can minimize it is by learning the rudiments and to always carryout research before executing any trade.
Then to cover the loss accrued, you can just use your left over fund to trade more and try every means possible to avoid the mistakes made earlier.

[olabiyijummy02]

So as to avert the losing an incentive in the market isn't to hold the entire number of tokens you have.
I do play half of it to acquire numbers, But this isn't a success win game, you need the learning and tolerance in having this.
Frenzy isn't a thing to have with scalping. You should never allow your to watch down and be courageous to sell at high and purchase at low