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Author Topic: what solutions do make to cover Loss  (Read 7606 times)
bettercrypto
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November 23, 2019, 01:45:38 PM
 #521

yes greedy will make us suffer huge losses. it's better to make a small profit than to lose. so I will sell my coins when my coins have increased 40% and also better to invest in old coins safer and more profitable than new altcoin is very risky to lose because coins cannot last long in the crypto market. I also have experience like yours. I invested several times in new coins but continued to suffer losses. so I now choose to invest in old coins. although at the moment most of the altcoins are also declining because the value of bitcoin is down. but I believe that when bitcoin pumps, most of the altcoins will also increase.
+1
Many tradets getting poor because of greediness! Most of them are looking only for positive feedback on fakenews for cryptocurrency. Therefore, they buy coins not in price action buy by gossips of authors. Until they will sell most of the investment because of too much long to be waited. Greediness and unawareness are not an asset for crypto, they are vice so we should forget them.

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November 23, 2019, 03:22:54 PM
 #522

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?
There are many solutions to cover your trading losses. And if you have the right knowledge, you will have the confidence to overcome these situations.
Just like you cut your losses and plan to buy more at the lower price of the coin you hold. Or add your investment to increase your holding  while the price is falling. So when the price back to normal you will have quick profit.
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November 23, 2019, 04:04:55 PM
 #523

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?
There are many solutions to cover your trading losses. And if you have the right knowledge, you will have the confidence to overcome these situations.
Just like you cut your losses and plan to buy more at the lower price of the coin you hold. Or add your investment to increase your holding  while the price is falling. So when the price back to normal you will have quick profit.
I don't think the OP has enough experience to do the mentioned trading strategies as you perfectly explained. Before adding to the losing position, taking out the melting funds from the trade is the first thing comes to my mind. Trading losses are part of a daily job in the trader's life but cutting losses can be tricky for inexperienced traders due to the pullback possibility after taking long positions (liquidating short).

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November 23, 2019, 04:18:23 PM
 #524

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?
investing in potential ico can make you lose more money because it become hard to know which coin really has potential
in my opinion, investing in bitcoin or other popular altcoin is the best option right now
for bitcoin the potential of price increase is high because of incoming halving and every time the price of bitcoin rise the next is the altcoin season.





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November 23, 2019, 04:23:40 PM
 #525

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?
investing in potential ico can make you lose more money because it become hard to know which coin really has potential
in my opinion, investing in bitcoin or other popular altcoin is the best option right now
for bitcoin the potential of price increase is high because of incoming halving and every time the price of bitcoin rise the next is the altcoin season.

if he has the ability to do research then it would not hurt them to invest in new projects because they have the potential for greater losses if they don't have the ability to see the potential for the future. investing in popular bitcoin and altcoin is better but it requires skills too.

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November 23, 2019, 05:01:07 PM
 #526

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 solution to cover the losses then I went back to buying and selling potential altcoins ... even though I was unable to return the losses by 100% but could return 50-70% of the assets that I had ... and this I had experienced a few weeks ago ... and you must more time to buy and sell instans ... and this is the way I often do ..
actually in a loss on one virtual currency it is normal, provided we do not have to sacrifice all our funds to buy it and as you say potential altcoin, because when we buy a potential altcoin by not using all our funds then it is an anticipation to cover losses on future purchases Wink
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November 23, 2019, 06:27:01 PM
 #527

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?
To be able to cover the losses that we get from cryptocurrency certainly requires time and cannot be done quickly and if we look at current market conditions. Closing losses may take a long time and I personally would prefer to invest into potential coins or top 10 coins to at least play it safe and not be too greedy in making a profit. Maybe you can cover the losses that you have if you can be more patient and not too hasty in making decisions.

Now in order to cover losses you need to try very hard. the only way I know now is to buy altcoins at the prices that we see now. I am sure that those people who buy cryptocurrency now will become rich very soon

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November 24, 2019, 11:18:06 AM
 #528

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?
To be able to cover the losses that we get from cryptocurrency certainly requires time and cannot be done quickly and if we look at current market conditions. Closing losses may take a long time and I personally would prefer to invest into potential coins or top 10 coins to at least play it safe and not be too greedy in making a profit. Maybe you can cover the losses that you have if you can be more patient and not too hasty in making decisions.

Now in order to cover losses you need to try very hard. the only way I know now is to buy altcoins at the prices that we see now. I am sure that those people who buy cryptocurrency now will become rich very soon
do not rush to buy dude because in a hurry it will trigger losses! do a calm analysis first so the results are satisfactory to cover losses Grin
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November 24, 2019, 11:34:53 AM
 #529

The solution I have found to cover losses is to invest heavily in oversold altcoins like CanyaCoin CAN, now trading on binance dex https://www.binance.org/en/trade/CAN-677_BNB
Not to be rude or anything, but it looks like everything you've been saying was canya coin. Your intention is clear as day. It's not really how you cover your losses, more like you're always advertising your CanyaCoin here and there and how to make more people to buy that altcoin.
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November 24, 2019, 01:16:43 PM
 #530

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?

It is very difficult to cover losses when day trading as the market can change directions at any time without you been aware. Just see how the dip occurred in the last few days.

You can try setting alerts to trigger stop loss so you won't lose too much when the dip sets in

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November 24, 2019, 02:47:24 PM
 #531

Sorry for your losses, presently the market is really bearish but for you to succeed you need to keep pushing, if you are holding good coins, I think you shouldn't sell, just keep holding, also if you have spare money, seize the opportunity to buy some good coins now, the value is really at the bottom, it could help you recover when the market starts recovering.

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November 24, 2019, 03:44:27 PM
 #532

Sorry for your losses, presently the market is really bearish but for you to succeed you need to keep pushing, if you are holding good coins, I think you shouldn't sell, just keep holding, also if you have spare money, seize the opportunity to buy some good coins now, the value is really at the bottom, it could help you recover when the market starts recovering.

Still not too late for every loss that we are encountering, every loss we had should be our awakening that we should pursue more, that we should study more about what we are doing, so for me, just keep moving forward, unless you quit your battle ended, but if you keep moving, you can still more and you will not mind what you have lost anymore.
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November 24, 2019, 04:05:48 PM
 #533

how much is the remaining capital?  in my opinion for your recovery loss that is by dividing your capital to buy altcoin major because of the risk of experiencing a small loss, if buying altcoin major if the altcoin party has already started altcoin major will first price up as coins ADA, XRP, XLM, BAT, ETH and  etc

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November 24, 2019, 05:59:32 PM
 #534

If that happens to me, I will trade scalping because this is the fastest way to recover my losses, but I don't recommend this for people who have large money to trade scalping because the risk of buying or selling is not taken by the market.
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November 24, 2019, 06:02:14 PM
 #535

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?
Bit by bit you will learn solutions to cover your lose, if your athirst is high to backup your funds. After Q2 2018 in cryptocurrency, everything was non- profits trading, mining, short or long term. My 1 Ethereum was gone just in few days. After Q2 this year top coin was profitable.
Yeah it happened last year the price was not so high as we know selling for panic is not good at all so that’s why you also should keep holding and never think about panic. Waiting gives reward so if you truly wants to recover your lose better keep holding and never give up on your investing goal. Trading is so good but being new you should learn it well first.

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November 26, 2019, 10:21:04 AM
 #536

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?
To be able to cover the losses that we get from cryptocurrency certainly requires time and cannot be done quickly and if we look at current market conditions. Closing losses may take a long time and I personally would prefer to invest into potential coins or top 10 coins to at least play it safe and not be too greedy in making a profit. Maybe you can cover the losses that you have if you can be more patient and not too hasty in making decisions.

The foremost thing is to not get depressed and lose courage because each one of us is destined to face failure at some point in career. There is always a way out of every harsh time. In order to make profits during dip season and recover loss in short duration, day trading with bitcoin is the way to go. The reason why bitcoin is recommended, because it is highly volatile that makes big profits possible.
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November 26, 2019, 12:00:43 PM
 #537

To recover the loss there is no hard and fast rule but yes a strategy here is for sure, If you buy crypto and it's price falls then wait is the best option but sometimes wait turns into never ending wait and coin/token keeps on falling more and more as the trend of market since last year. I think trading in blue chip cryptocurrencies is a save trade.

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November 27, 2019, 12:27:44 PM
 #538

I am just waiting for other altcoins to raise in price. Unfortunately, I am really bad in trading and it will lead only to further losses. When I have some cash, I would prefer to pump new cash in crypto to cover the losses.
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November 27, 2019, 01:13:11 PM
 #539

There is not one solution who will work for all, is hard to cover all loses but can make to lose a small %, all depends on what coin invest, the time when invest and how much invest and when sell.
Choosing the right coin and knowing the right time to invest is not always as easy as we think with regards making profit. Sometimes we do thorough due diligence and select "the best" altcoins to invest in, looking at factors like the team, product, project development and vision or generally milestones achieved, but sometimes we still get caught up in dip after investing. Talking about knowing the right time to invest, I will be taking a calculated risk to invest huge in Bitcoin by end of January next year in preparation for halving.
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November 27, 2019, 01:24:11 PM
 #540

To cover losses is to trade again for me and be patient to get profits, lest we sell at a low price and not panic when prices go down. Maybe if you have a new strategy that may be tried and do not make the same mistake as buying a coin when the price is above, for me this is always avoided

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