What would you do to recover your losses?

[rez303]

Well basically, to recover from your losses, you should have to move forward and don't quit. Keep in mind that losing in crypto is always part of the game and you are not the only experienced those things. Learn from your mistakes and do your best not to make the same mistake again. In fact, those losses will teach you something and will give you tips to make better decisions. Be more observant, do your research well. Day trading can also help you recover.

Patience is the most successful key in trading because this market requires that we need big source of knowledge and when it comes to this market the loss is inevitable. I believe that if there are more specific strategies, the loss will not occur and analytical is also a good virtue that we need to study now because it will greatly reduce risks.

[Wintersoldier]

You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO.  What was $5000 is now worth $500.  You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x.  Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.


Share your thoughts.

I think the best factor in the cryptocurrency market when considering to recover your losses is the time. That would matter no matter how much investment you have, in fact, in trading cryptocurrency, the more time you have, the more chance you can get to strike the most promising coin at every moment. With much time, you can earn so much but to consider the truth, that we should be efficient enough to recover losses.

[z21770179]

Hold for long term is best thing to do for now, but we have to choose good coin that have strong fundamental,  like LTC,  EOS,  TRX,  XLM,  XRP,  BNB. in 1 years all these coin has potential  to raise more than 10x because the market cap still low and the price still undervalued. Second thing is keep patient waitimg for bull market is key to recover loss. 

I don't think so after the last failed incident I received, it was a downward spiraling spirit with ever-decreasing prices. I could not stand it and sold it when there was a glimmer of hope that it was possible to remove it a little from failure 

Why don't you look for altcoin, but for trash, check to see if those projects still work. Then buy them cheaply and wait a few years to get back what you've lost. Otherwise, you will not make too much loss for such investments

[syamster]

I'm already in loss and I'm not going to add more loss and take that risk into that hype that can also push me downwards. I won't invest with any coins that I have and sell it just for that. But in good choice, if you can avail that with some spare cash you can do that.

See to it that you can avail that loss if ever something goes wrong again with that choice of investment you have. Much better to avoid losses in the future, why not just buy bitcoin and hold it and stop riding those coins that are being brought up by hype?

I agree that buying bitcoin and keeping it is advisable, but I recommend that when stumbling or making a mistake take it as an experience so that in the future it may be better, consider it a challenge to overcome. cross instead of accepting them 

Such a wise attitude can foster a sense of optimism that is good for us. when we make a wrong decision then we must be patient and try again, not to give up because with the more experience we have then it can give us the opportunity to be much smarter in making decisions.

For all investors making mistake is really common and no one actually know what will happen next so in this case only patience works, when I lose something I try to learn from bad experience and I try not to repeat the mistake again, real earners are those who never give up and keep trying.

[playboy654]

If I will not get success and my investment I will definitely not considered about that in the future because if we are going in the same circle getting the next step will not be possible we will revolve in the same situation so my opinion is you need to be get out from that for the next that will give you more confident about the next success.

[alt-fire]

I am not lose a lot because almost all my earnings in crypto from some social activity or translation work. But now, I expected good results from investing in IEO projects like DREP (runing on Gate io), so on. This is tren and if w follow trend - we will be succsess.

[SistaFista]

You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO.  What was $5000 is now worth $500.  You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x.  Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.


Share your thoughts.

I think it is not an easy task to recover -90% loss from the list of your altcoins.
From the option you provided, both of them will be used for buying another token sale and i won't do that.
Maybe i will trading using the altcoins i have, although the price already dump -90%.

[zauna35]

an attempt to save my assets by introducing fiat is unacceptable for me, you just have to forget about your portfolios and try to make money, especially since the market now favors traders, you just have to be careful and not get involved in questionable transactions.

[Meowth05]

Desperation can lead to further losses. Learn from your mistakes and find yourself another way to recover your loss. Investing in a hyped coin is risky; this is not recommended even if you have a strong urge or not. Always have a proper mind set and don't enter something you're not sure and knowledgable of.

[roadwell890]

Desperation can lead to further losses. Learn from your mistakes and find yourself another way to recover your loss. Investing in a hyped coin is risky; this is not recommended even if you have a strong urge or not. Always have a proper mind set and don't enter something you're not sure and knowledgable of.

the losses we experience are lessons so we can do better so you can cover the losses.
decisions are considered carefully and carefully so as not to make the wrong decision.
You can recover your losses just by doing business, the most important thing is that you have to wait patiently for profit.

[KennyR]

1. Diverse the investment over different altcoins.
2. Never get into the hands of hype scheme based coins.
3. Analyze yourself, don't move on others suggestion.
4. If there is need for patience to profit, maintain it.
5. Don't enter without basic understanding about the market.
6. Never to recover the loss in a single trade.

[Beyerd17]

Desperation can lead to further losses. Learn from your mistakes and find yourself another way to recover your loss. Investing in a hyped coin is risky; this is not recommended even if you have a strong urge or not. Always have a proper mind set and don't enter something you're not sure and knowledgable of.

I agree. it's like when you gamble on sportsbetting and start to lose money and want to win it back. If you are poor at "betting" in the cryptomarket, you are most likely to continue to lose even more.

[Beyerd17]

Desperation can lead to further losses. Learn from your mistakes and find yourself another way to recover your loss. Investing in a hyped coin is risky; this is not recommended even if you have a strong urge or not. Always have a proper mind set and don't enter something you're not sure and knowledgable of.

I agree. it's like when you gamble on sportsbetting and start to lose money and want to win it back. If you are poor at "betting" in the cryptomarket, you are most likely to continue to lose even more.

Don't play in the crypto world if you are afraid of the heavy losses that will come before you. this is all a good way, Even though nowadays everyone experiences the same thing by constantly complaining.

Sure, I see your point. Although in the last few weeks Bitcoin has been somewhat on the rise, but those that held onto their holdings and didn't sell at the peak in 2018 are still very much in the red right now.

[RasenShuriken]

I just recovering my losses by using just a stop loss. However, you cannot even recover your loss due to the loss you had accepted. No one.

[Beyerd17]

I just recovering my losses by using just a stop loss. However, you cannot even recover your loss due to the loss you had accepted. No one.

You're not going to recover any losses by using a stop loss strategy, you are simply going to hinder your losses from escalating. That is a big difference though.

[Xising]

I'm already in loss and I'm not going to add more loss and take that risk into that hype that can also push me downwards. I won't invest with any coins that I have and sell it just for that. But in good choice, if you can avail that with some spare cash you can do that.

See to it that you can avail that loss if ever something goes wrong again with that choice of investment you have. Much better to avoid losses in the future, why not just buy bitcoin and hold it and stop riding those coins that are being brought up by hype?

For me, when I experience a loss, what I do is I step back a bit to see what went wrong. Before I do any damage control or think of how I can recover, I first need to know what I missed out on and the missteps I took that lead to the loss. After seeing where I made a mistake, I will now device a plan of action on how I will avoid such actions, which in turn, would help me avoid experiencing the same situation again. After that, then I will check on what ventures I can do to recover the loss, which usually leads to me following a better path of investment, if not, working on the same venture, but this time, with a better plan.

[leea-1334]

I know this is extremely difficult to do, because even I try to chase my losses at times, but the important thing to try and remember is discipline. You want to get something out of trading first, which is experience and discipline,,, not profit. Once you have strategies, and you learn methods and get confidence, you also still only use profit and loss as a record to see how successful you are or not. To chase losses means you discard strategy and discipline. Then you might as well be gambling.

[Dennicex]

I know this is extremely difficult to do, because even I try to chase my losses at times, but the important thing to try and remember is discipline. You want to get something out of trading first, which is experience and discipline,,, not profit. Once you have strategies, and you learn methods and get confidence, you also still only use profit and loss as a record to see how successful you are or not. To chase losses means you discard strategy and discipline. Then you might as well be gambling.

Without a strategy for a crypto market, there’s nothing to do. It doesn’t matter whether you trade or just hold coins. You need to know exactly where the entry point and where the exit point.

[Moiyah]

I just go on a simple recovery.
Keep hodling it.
If that $5000 became $500, I do not want to take a risk and sell it in a deficient price. I will just gonna wait for the pump even if it takes longer.
Simple strategy but associated with patience.

[skivrmt]

I just recovering my losses by using just a stop loss. However, you cannot even recover your loss due to the loss you had accepted. No one.

You're not going to recover any losses by using a stop loss strategy, you are simply going to hinder your losses from escalating. That is a big difference though.

I suppose that the diversification of investments can cover your losses. You may lose some money on 1-2 projects but other 2 will give you a higher profit in total. Or you can also make more investments in unprofitable project to average your price of purchase.