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Author Topic: What you should do when you lose most of money?  (Read 5550 times)
Phantomberry
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January 24, 2019, 09:04:17 AM
 #801

Calm and review your loss the time you are on trading always be calm at the time and your loss could be lesson learned in life. No matter happens crypto will soon to be rise always hodl your crypto.
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January 24, 2019, 11:31:56 AM
 #802

Calm and review your loss the time you are on trading always be calm at the time and your loss could be lesson learned in life. No matter happens crypto will soon to be rise always hodl your crypto.
Calm and consider the problem is really a correct action when we lose a lot of money but I think when we fall into this situation, the calm is almost impossible, emotions suddenly surged up is something that we find very difficult to suppress. What we should aim for is an exercise, we can run for half an hour to an hour, this action will create excitement and positivity and our pressure will be gradually relieved, this is something that science has so much evidence, even myself, I often use this method, it's really effective and helps me stay awake, then as you say, we will begin to review the mistakes and look for repair methods

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January 24, 2019, 12:28:51 PM
 #803

Lossing money for me is a important to experience those days i've been lost. Because this is life to learn with those mistakes to make a better decision again and move on what the past happened.

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January 24, 2019, 06:32:54 PM
 #804

Sometimes, our losses do not depend on the mistakes that we do. For instance, when we were investing in the crypto last winter we could not guess the market fall.
Because market is so anonymous and no body knows what will happen we will have to take decision according to market moves as if it’s falling and you know that trading can make you lose then don’t trade or sell just hold and wait for things to be normal once again it can happen any time you only will have to wait for good time or good luck.
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January 24, 2019, 08:49:49 PM
 #805

without an understanding of the market, your stay on it is a waste of life.

in general, decide you are ready to give 5 years only to study it ...
no guarantee that you will understand ...
it is a business and not everyone is able to master it ...

find a job and develop professionally
and study the market ...

or are you a player and ready to play Russian roulette?
NikolasDanoff
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March 25, 2019, 10:28:18 AM
 #806

It is not necessary to lose a lot of money trading before you learn how to do it properly. The learning curve is significant, that's why better to invest in education, to spend time practicing with paper trading or opening a demo account with a broker. No need to risk your hard earned money before you are ready. How you will know you are ready? Well, there is no proven receipt but you know this 10 thousand hour rule. You can master anything if you put your mind and heart into something for 10 thousand hours, sometimes much less, but almost never more than that!

If you already have these 10k hours, then Congratulations you are ready to dive into the deep water of professional trading, if not, then you know what to do Smiley

Problem with most wanabe traders is that they don't have the patience, the time and prefer to jump straight away. That's why the failure rate will always be close to 99%. It is sad, but most people are not willing to invest their time and mind, they prefer to through money away than learn something for real.
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March 25, 2019, 02:39:39 PM
 #807

The thing with things in life including trading you need to learn as you move with its the only way you will succeed Learn and move on keep doing what you do and never lose home on the right track

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June 17, 2019, 12:08:20 PM
 #808

Any news about mpcx's bonuses during the IEO? I couldn't find them on https://mpcx.co/
armarsterling7
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June 17, 2019, 01:03:54 PM
 #809

I had once lost all my money. I tried to get that savings of $ 1k9 and I invested entirely in WPP. Now its price has been divided by 10 and I have almost nothing left there.
I just tried to start over, making bounty hunters and hoping to earn a few hundred dollars to continue investing.
I still don't lose faith in crypto, I just choose the wrong object. I will choose to invest in large altcoins to ensure safety.

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Noilee
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June 17, 2019, 01:26:46 PM
 #810

Trading it's not easy especially if to those no knowledge about it expect that you will lose on trading. To recover them try to learn more what are best thing you can to recover your loses. Like searching and watching video how to trade.
Because in trading it needs enough skills or strategy, so if you lose you should accept and make it better again. If you dont to lose just study very well about all the information that you need to learn.
Wingzcrypto2018
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June 17, 2019, 01:50:38 PM
 #811

Most of the community here they get easily give up once they failed in doing trade because they've been controlled by their emotions which is not supposed to be like that. If We lose it means we need to correct our mistakes were our methods was not right and this must not be use it anymore, must have a good target and achievable, and know how long you are going to get it something like that.
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