Impaler
Sr. Member
Offline
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
|
August 06, 2019, 10:42:24 PM |
|
Day trading is one of the best way to make huge profits. Only if you are very much experienced. Most of the time people lost money in trading cause they don't have that level of experience which generates profits. So do some homework first and gain some knowledge. And if you really wanted to recover your loss. Then you can invest in good IEOs from great platforms or you can buy some good coins at the low market. Maybe it takes time to fulfill your loss but it will.
|
|
|
|
PuertoLibre
Legendary
Offline
Activity: 1890
Merit: 1003
|
|
August 06, 2019, 10:49:34 PM |
|
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. The greed is always a disturbing problem and the scale causes are bigger than what traders have an idea. In crypto markets, volatility distributes different trading setups among the different trading style traders but not everyone is able to take the same proportion of profit. The main purpose to have a more balance at the end but some traders just don't satisfy with the results of the day.
|
|
|
|
spike420211
|
|
August 13, 2019, 11:01:53 PM |
|
Personally, I try to prevent such major losses. In addition, if the price of my coin falls, I do not consider it a loss, because it can recover. But an investment in an unsuccessful or fraudulent project can certainly be attributed to direct losses. Hold is one of my best tools to deal with loss.
|
|
|
|
iyah adrian
Member
Offline
Activity: 574
Merit: 10
|
|
August 14, 2019, 12:21:54 PM |
|
I keep holding until price back to normal and never try for cover my loss because is not good ideas sell my assets with lower price, how ever holding is fun.
If the altcoin that you hold keeps going down do you keep holding it in? Because beforehand many cases of altcoin held always went down and resulted in huge losses of up to 90%. What about covering losses? It should sell altcoin that does not have an increase graph, with that you can sell you move to altcoin with more potential.
|
|
|
|
motun01
Member
Offline
Activity: 431
Merit: 18
|
|
August 14, 2019, 02:22:13 PM |
|
The best arrangement is cut misfortune first any non profitable coin or token investment that no promising future should be dropped at that point and the resources put into better task. In the event that you purchase bitcoin by dollar cost averaging technique, at that point hold it for a long time then likely you can cover misfortune and even get benefit. Masternode is also a good way to make some residual income with very little risk of running into losses.
|
|
|
|
zenhu
|
|
August 14, 2019, 02:47:07 PM |
|
I'm not expert trader, but i just use 10% of my money to buy coin with first order, then use another 10% when its already down at least 10% from the first order buy and go on. With that way i can get learn that trading doesn't like what we want, so i must know about possible chance to loss. Hope that can help you for next trades.
|
|
|
|
chocopapaya
|
|
August 14, 2019, 04:14:05 PM |
|
If I were to give a recommendation, actually, I would say that ICOs are not a good way to recover your investment.
The most straightforward way to recover your losses is to sell it and then reinvest. Cut your losses and then use what is left to reinvest into one of the major coins that perform well (btc basically).
If you have lost so much that it's not even worth selling it, you can either wait or buy back in. If you have hopes it will go up someday, you can buy more of the coin. That will vastly decrease your cost per token which means when you eventually do sell it off, it will be easier.
Of course, you could just put aside a percentage of your income to regularly invest more into a stable crypto. Bascially, if you lost money because you made risky decisions, than stop making risky investments and go with stable ones.
|
|
|
|
Dimkpakpa
Newbie
Offline
Activity: 75
Merit: 0
|
|
August 16, 2019, 09:59:35 PM |
|
Given the awful experience with day trading I doubt if I will ever thread that path again, but I heard with good knowledge of TA and charts you could make good profit while trading though. I don't have details about how that works.
|
|
|
|
Black bro
Member
Offline
Activity: 420
Merit: 10
|
|
August 29, 2019, 04:52:34 PM |
|
Something losses obtained in trading a lesson for you, stand back and keep trying to find a coin "potential so that success and losses will return soon, other ways to cover losses that are traded with just one coin, choose some that you think are suitable and useful
|
|
|
|
Mianae
Member
Offline
Activity: 798
Merit: 14
|
|
August 29, 2019, 07:23:36 PM |
|
Learning the lessons for the loss, averaging down. When I make a loss in a trade I try to understand why i made such loss, I avoid such mistakes. But the f my trade setup is in order and I fe its just a temporary market shake down with a possible recovery, I average down my buys if not I cut my loss.
|
|
|
|
MaiQwaN
|
|
August 29, 2019, 09:26:36 PM |
|
If you have suffered serious losses from crypto trading today, then the best option would be to pause and take your mind off this activity for a while. After that, with a "fresh head", in a relaxed atmosphere, analyze your actions. The main thing is not to take risks and not try to quickly recover losses.
|
|
|
|
bustedsynx
|
|
August 29, 2019, 09:34:47 PM |
|
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?
Well, back to the drawing board. Like they say 90% of traders lose. ICO investing is a lot harder and the chances of success is almost nil if you aren't diversified. I suggest you brush up on your trading skills instead. Start with low margins and small positions.
|
|
|
|
PuertoLibre
Legendary
Offline
Activity: 1890
Merit: 1003
|
|
August 29, 2019, 09:42:22 PM |
|
Personally, I try to prevent such major losses. In addition, if the price of my coin falls, I do not consider it a loss, because it can recover. But an investment in an unsuccessful or fraudulent project can certainly be attributed to direct losses. Hold is one of my best tools to deal with loss.
If the trader doesn't sell the coin in the loss, it is not a loss. Until the trading position gets lqiuidated it is not considered as loss or profit. Unsuccessful projects are here and there but getting stuck to these type of projects is depend on the abilities of the crypto trader.
|
|
|
|
Almasani
|
|
September 04, 2019, 06:01:51 AM |
|
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 we can set a stop loss so that we experience continuous losses. In addition, in trading, do not trade emotionally. Be patient if prices are rising or falling. Don't make the wrong decision because of an impatient attitude.
|
|
|
|
Ghenjer
Jr. Member
Offline
Activity: 97
Merit: 1
https://token-sale.fredenergy.org Supporter
|
|
September 04, 2019, 06:08:26 AM |
|
my way to make up for losses in the past by doing daily trading, little by little I began to make up for the loss and if you dare to take the risk of my advice you can trade to make up for your losses at that time. but remember that trading is high risk but also profitable for me.
|
|
|
|
trauchot
Member
Offline
Activity: 1764
Merit: 10
|
|
September 04, 2019, 08:27:32 AM |
|
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?
At the moment, trading is very dangerous, but if you have a lot of experience in trading, even at such a time you can make good money, and since I do not do trading at the moment, I just make investments sometimes and I advise you to invest in companies that conduct IEO`s on the binance exchange and invest less in ICO`s and then you will receive profit even now, so I advise you to think about this option. So now just wait next IEO which will be on binance and start making profit.
|
|
|
|
shadowduck
Full Member
Offline
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
|
|
September 04, 2019, 08:35:56 AM |
|
my way to make up for losses in the past by doing daily trading, little by little I began to make up for the loss and if you dare to take the risk of my advice you can trade to make up for your losses at that time. but remember that trading is high risk but also profitable for me.
You can suggest starting trading only to those people who at least somehow understand what technical and fundamental analysis is. in another case, people will just play in a casino but not doing traiding
|
|
|
|
Freescan
Jr. Member
Offline
Activity: 397
Merit: 1
|
|
September 04, 2019, 11:18:45 AM |
|
If you start to grow your losses slowly you also have to pay attention to the path you take, in this case most people are in a hurry to get a profit without seeing the risk first. for me trading is a good solution to cover losses on the other hand I am still holding altcoin while waiting for the market to stabilize again.
|
[ Ethernity.Cloud ] PUBLIC SALE Q3 2021 | REGISTER HERE ▄ ▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄ ▄▄ ▄
|
|
|
Impaler
Sr. Member
Offline
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
|
September 09, 2019, 08:36:28 PM |
|
I think day tradingbis one of the best way to make profit in this space. But its also very risky if you don't have proper knowledge then it goes purely wrong. Most of the people come to this day trading scene and exit it with almost nothing. But if you already lost you asset in day trading nothing to do now. Better kp investing in other things like ieos or icos. Go for some mid or even long term holding things. Buy some coin's at good price and hold it for future. It may give you very less money but it will be steady and I think it will recover your loss.
|
|
|
|
dongosquad
|
|
September 09, 2019, 11:14:28 PM |
|
1500 $ a pretty big loss. How did it happen? Do you not set a stop loss limit or get stuck fake wall? My condolences. It is quite difficult to recover mentally after such a large loss. I also suffered losses even though not that big. I prefer to wait and see, exchanging the remaining funds with stable coins while waiting for the right moment to trade again. I also prefer to focus bounty now. Join IEO can be an alternative, if you want, some of the most successful, choose a promising exchange like Binance.
|
|
|
|
|